Account Recovery

MAY 13, 2021

While the total amount of household debt continues its march upward, the amount of credit card debt had a huge decline during the first quarter of 2021, according to data released yesterday by the Federal Reserve Bank of New York, and coincides with a published media report that discusses how credit card issuers are more … The post Credit Card Debt, Delinquency Rates Keep Falling appeared first on AccountsRecovery.net.

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Nerd Wallet

MAY 13, 2021

Often, it’s not coming up with ideas that stops would-be entrepreneurs from starting a business—rather, it’s prohibitive startup costs. Renting office space, leasing equipment, hiring staff, and other common startup costs can often be enough to wipe out your savings entirely. And since securing business loans is a notoriously difficult task for startups, new businesses just.

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Account Recovery

MAY 13, 2021

Even the Hunstein ruling out of the Eleventh Circuit Court of Appeals will likely not be able to dampen enthusiasm for investors and others that are interested in merger and acquisition activity in the accounts receivable management industry, noted Michael Lamm of Corporate Advisory Solutions in the latest episode of “ARM M&A Deal Talk.” In … The post How Hunstein and Tax Code Changes Are Impacting ARM M&A Market appeared first on AccountsRecovery.net.

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UK debt collections

MAY 13, 2021

The Insolvency Service will be given powers to tackle the problem of Dodgy Directors. They will investigate directors of companies that have been dissolved. The objective will be to close a legal loophole and provide strong deterrent against abuse of the dissolution process. The process will no longer be able to be used as a method of fraudulently avoiding repayment of Government-backed loans given to businesses to support them during the Coronavirus pandemic.

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Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Account Recovery

MAY 13, 2021

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Ashley Campanell

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Accounts Receivables Management 147

Account Recovery

MAY 13, 2021

The accounts receivable management industry has voted and selected the logo it considers to be the best in the business. Congratulations to State Collection Service for winning the first annual AccountsRecovery.net Logo Madness tournament, which wrapped up yesterday. The tournament, which began with more than 40 companies submitting their logo, has been taking place on … The post State Collection Wins Logo Madness Tournament appeared first on AccountsRecovery.net.

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Accounts Receivables Management Collections 147

Nerd Wallet

MAY 13, 2021

In the digital age, online boutiques are a popular alternative to heading to your local store and shopping around, looking for an item they might not even have in stock. So, if you’re looking to learn more about how to start a business, more specifically, how to start an online boutique, there’s really never been a. Nina Godlewski writes for NerdWallet.

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Account Recovery

MAY 13, 2021

GETTING TO KNOW ASHLEY CAMPANELLA OF ARBEIT Ashley Campanella is one of those people who are able to have a positive impact in every conversation or interaction, which is not something that most people are able to accomplish. That, coupled with her outlook and approach to her work and her ability to be relaxed outside … The post Daily Digest – May 13.

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Credit Card Debt 147

UK debt collections

MAY 13, 2021

UK’s Prime Minister Boris Johnson has hit the National Headlines due to an Unpaid CCJ. The CCJ was issued for an unpaid £535 Debt but has still not been paid six months on. The information obtained by current affairs magazine Private Eye, shows the unpaid CCJ in the register. It was made via money claims online and the address used in the particulars of claim was 10 Downing Street.

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Collections

Nerd Wallet

MAY 13, 2021

If you currently serve, or have served, in the U.S. armed forces and are planning a vacation, did you know that you have access to travel insurance benefits through USAA? Founded in 1922 by a group of U.S. Army officers, USAA is a well-established Fortune 500 company with more than 13 million members as of. Elina Geller writes for NerdWallet. Email: egeller@nerdwallet.com.

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PDC Flow

MAY 13, 2021

The recent Hunstein decision has been a big talking point for debt collection since the ruling was made. Agencies are scrambling to understand the implications of this case, which found transmitting data from a debt collector to a letter vendor is a violation of third party disclosure, even as new suits are being filed. To get a handle on this ruling and the impressions it has left on both industry and consumer attorneys, Accountsrecovery.net recently hosted a two-part webinar panel on the topic

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Collections Debt collector Collection Agencies Collections Agency 52

Nerd Wallet

MAY 13, 2021

The Emerald City is as well known for its grunge music, rain and coffee shops as it is for its proximity to nature and trails. Whether your idea of a getaway is inside or outside, there will be no shortage of activities to captivate your attention when visiting Seattle. Let’s take a look at how. Ben Nickel-D’Andrea writes for NerdWallet. Email: travel@nerdwallet.com.

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Hudson Weir

MAY 13, 2021

Floating charges, fixed charges and understanding the differences between the two are important for anyone involved in running a business – especially if you’re looking to borrow capital. Financial institutions, for example banks, will normally seek some kind of security when lending money. This security is often more tangible than simply a credit rating.

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Unsecured Creditor Lender Creditors Banks 52

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

Banks

Nerd Wallet

MAY 13, 2021

This article has been reviewed by tax expert Erica Gellerman, CPA. Most business owners do their best to pay their small-business taxes in full by the due date. However, it’s possible to miss a deadline because of too many day-to-day responsibilities, or a hefty tax bill you can’t afford. Failure to file and pay past-due taxes. Billie Anne Grigg writes for NerdWallet.

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Troutman Sanders

MAY 13, 2021

The Second Circuit recently issued a decision in McMorris v. Carlos Lopez & Associates, LLC , No. 19-4310, 2021 U.S. App. LEXIS 12328 (2nd Cir. Apr. 26, 2021), which clarifies the circumstances under which plaintiffs alleging an increased risk of future identity theft or fraud due to the exposure of their personal data can establish Article III standing.

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Nerd Wallet

MAY 13, 2021

There’s no doubt that starting a small business can be a time-consuming and demanding process—especially if you’re doing it all on your own. For this—among other reasons—you may decide to work with a partner to start your business. Finding the right business partner, however, is essential. After all, this individual will be the person you trust. Randa Kriss writes for NerdWallet.

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Fico Collections

MAY 13, 2021

Last month, the European Commission issued a new legal framework for AI , designed to make the European Union a centre of excellence for trustworthy AI. The new rules divide AI systems into different categories of risk (based on the impact of an error in the AI system) and impose restrictions and requirements based on that risk. The majority of AI systems (including AI-enabled video games or spam filters on your computer) fall into the low-risk category, requiring very little oversight.

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Collections

Nerd Wallet

MAY 13, 2021

Few desserts are as widely beloved as ice cream. Opening a Baskin-Robbins franchise, therefore, can not only satisfy your inner child, but also can potentially be a great business opportunity if you’re looking to launch and start a successful franchise. Before you dive into franchising, though, you’ll need to get a full picture of the. Christine Aebischer writes for NerdWallet.

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Credit Corp

MAY 13, 2021

This article originally appeared on Money Saved Is Money Earned and has been republished with permission. It’s a new year and the beginning of a new decade, and what better way to move the roaring 20’s on past that horrible year that was 2020 than to make a plan to finally achieve your money goals. I know New Year’s Resolutions aren’t everyone’s thing, but there’s no time like the present to really dig in and make the changes you want to see in your life.

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Nerd Wallet

MAY 13, 2021

Note: The coronavirus pandemic has disrupted existing and future travel plans, and turned greater attention to trip insurance. Read our take on specific information concerning travel insurance and COVID-19, or see our comprehensive guide to managing your finances during COVID-19. Established in 1993, Seven Corners is a travel insurance provider that offers a wide assortment.

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Collection Industry News

MAY 13, 2021

Robert: So Pagus has a unique business model for a print vendor. Why do you focus on low volume mailers while all your competitors are driven by high volume? Mark: Well, this is a model that we’ve been developing for the last 20 years. The Collection Industry, which has been our focus for the last 4 years, provided an ideal platform to perfect it. When we started back in 1999, it was difficult to compete with the incumbent printers since no one knew who we were.

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Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders. When done effectively, it can help interpret complex risk environments for leaders and inform their decision-making.

Nerd Wallet

MAY 13, 2021

Some large banks in the U.S. — including JPMorgan Chase and U.S. Bank — are participating in a government-supported pilot program to help expand access to credit cards for consumers who lack a credit history. Participating lenders can share bank deposit information with the credit bureaus, making it easier for issuers to be able to. Sara Rathner writes for NerdWallet.

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Banks Lender Government 57

Burr Forman

MAY 13, 2021

Toward the end of the Obama administration in 2016, the U.S. Department of Labor (“DOL”) revised the Labor Management Reporting Disclosure Act of 1959 (“LMRDA”) “persuader” disclosure rules to broaden the number of companies, labor consultants and individuals who were required to file LMRDA disclosure paperwork. These 2016 changes were blocked by a permanent nationwide injunction before they could go into effect.

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Nerd Wallet

MAY 13, 2021

How do you know which construction accounting software is the best fit for your business? This article will familiarize you with the top construction accounting software programs available – both desktop-based and cloud-based. But before weighing your options, it’s important to understand how accounting software for construction companies is different from most typical business accounting.

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Troutman Sanders

MAY 13, 2021

On May 12, the Senate Commerce Committee voted overwhelmingly to move forward with Lina Khan’s nomination to the Federal Trade Commission (FTC), which suggest that Khan is likely to be confirmed as an FTC commissioner by the full Senate. Khan has been a critic of big tech and advocate of competitive markets, as we previously discussed here. Khan received unanimous support from the Commerce Committee’s Democratic members, and eight of the 12 Republican members also voted to proceed wi

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Trade 52

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