Thu.Dec 23, 2021

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Collector Accused of Violating Reg F in FDCPA Lawsuit

Account Recovery

It only took 10 days after going into effect, but it appears as though one of the first lawsuits referencing Regulation F has been filed against a company in the accounts receivable management industry. The complaint, which was filed on December 10, accuses the company of not adhering “to the requirements” of the rule by … The post Collector Accused of Violating Reg F in FDCPA Lawsuit appeared first on AccountsRecovery.net.

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Why a 401(k) Rollover to an IRA Could Be a Mistake

Nerd Wallet

This article provides information for educational purposes. NerdWallet does not offer advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies. If you leave a job or retire, you’re often encouraged to roll over your 401(k) or other workplace retirement account into an individual retirement account.

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Appeals Court Affirms Summary Judgment for Collector in FCRA Case

Account Recovery

In a case that was defended by the team at Malone Frost Martin, the Court of Appeals for the Seventh Circuit has affirmed a lower court’s summary judgment ruling in favor of a defendant that was sued for violating the Fair Credit Reporting Act for accessing an individual’s credit information via a soft inquiry for … The post Appeals Court Affirms Summary Judgment for Collector in FCRA Case appeared first on AccountsRecovery.net.

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Travel Diaries: How I Took a Luxury Vacay to Arizona on Points

Nerd Wallet

Hotel free night certificates can be one of the best perks imaginable on a hotel credit card. Depending on the hotel you pick and the night you stay, their value alone can often far outweigh the card’s annual fee. I had three of these golden tickets in my hands — all expiring at the end. Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Daily Digest – December 23. Getting to Know Scott Tacke of Kansas Counselors; Appeals Court Affirms Summary Judgment in FCRA Case

Account Recovery

GETTING TO KNOW SCOTT TACKE OF KANSAS COUNSELORS Scott Tacke wants you to know that compliance officers can be funny. It might not seem like it these days, especially thanks to Regulation F, but sense of humor are not automatically erased when someone crosses over to the compliance side of the building. While admitting what … The post Daily Digest – December 23.

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Getting to Know Scott Tacke of Kansas Counselors

Account Recovery

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 Scott Tacke of K

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Does Homeowners Insurance Cover Mold?

Nerd Wallet

Whether mold damage is covered by your homeowners insurance policy largely depends on the cause of the mold. If you do find yourself up against mold damage, here are the options that may be available to you. Does home insurance cover mold? Mold is generally covered by homeowners insurance only when it’s caused by one. Ciarra Jones writes for NerdWallet.

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Latest updates in International money transfers – Ins and Outs

TAMSEY

Sending money from one part of the world to another? Know what’s new! With the global workforce becoming increasingly mobile, the International Money Transfer market is evolving. The World Bank predicted that global remittances would impact a lot. This year brought about numerous changes in the international money transfer landscape. We have researched and prepared a handy list for you all on the trends currently shaping the international money transfer industry.

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Small-Business Owners Share 6 Tips for Using Instagram

Nerd Wallet

There are reasons to resent social media — for one, it can be infuriatingly addictive and potentially isolating. But like anything else in today’s social landscape, it’s a two-sided coin. Social media also fosters connections that would be challenging to make in person, especially between businesses and consumers. It gives businesses a chance to be.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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How TrueAccord Embraces Machine Learning to Create Positive Consumer Experiences in Debt Collections

True Accord

By Laura Marino. TrueAccord’s Chief Product Officer, Laura Marino, was recently featured in the New Standard in Debt Collection panel as part of the Beyond Digital: The Next Era in Collections summit. As a civil engineer turned product management executive, Laura has a unique viewpoint on the evolution of machine learning in software across a variety of industries.

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What Are Credit Tradelines?

Nerd Wallet

Credit tradelines are accounts that appear on your credit reports, such as credit cards, auto loans and a mortgage. They typically include details like the date the account was opened, current payment status and whether you’ve paid on time or been delinquent. In addition to making up a large part of your credit reports, those. Kimberly Palmer writes for NerdWallet.

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CDIA & PBSA Amicus Brief Advocates Landlords’ First Amendment Right to Conduct Criminal Background Checks

Troutman Sanders

In November, the Consumer Data Industry Association (CDIA) and the Professional Background Screening Association (PBSA) joined forces to submit an amicus brief in support of landlords’ First Amendment right to conduct criminal record background checks. The case is Yim v. City of Seattle , on appeal before the Ninth Circuit, challenging a Seattle ordinance that prohibits private landlords from conducting criminal background checks when screening prospective tenants.

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Are You Leaving Marriott Points on the Table?

Nerd Wallet

Marriott Bonvoy is a behemoth loyalty program with 30 hotel brands where you can earn and redeem points. Whether you travel frequently or just on occasion, there are loads of ways to earn loyalty points for a redemption stay. For example, the Marriott Bonvoy Boundless® Credit Card earns as many as 17 points per dollar spent. Ramsey Qubein writes for NerdWallet.

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ERM Program Fundamentals for Success in the Banking Industry

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?

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Guide to transferring money to family Abroad

TAMSEY

People transfer money across the borders either to meet business obligation or for personal objective. Some send money to their family in their home country. So whatever reasons for international money transfers, you should know certain essential aspects about it which would make it feasible to Send Money Quickly Online. . Here are some tips to keep in mind before undertaking a financial transaction: Understand the law where you intend to transfer money and get acquainted with the following: Fin

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What Bank Is Best for You? Take Our Quiz to Find Out

Nerd Wallet

Finding the best bank for you might start with knowing what’s out there. Checking and savings accounts can vary wildly in features and perks depending on where you bank. Take our quiz below to find the best banking institution for you. You can focus on just a new checking or savings account, or a combination. Spencer Tierney writes for NerdWallet. Email: spencer.tierney@nerdwallet.com.

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Northern District of California Confirms That Assigning “Random or Sequential IDs” to Previously Generated Numbers Is Not Autodialing

TCPA

In the wake of the Supreme Court’s April 2021 Facebook v.

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Student Loan Repayment Moratorium Extended Until May

Account Recovery

As a parent, one of the most important lessons I have learned is that don’t say something unless you mean it and intend to follow through on it. That appears to be a lesson that the Biden administration and the Department of Education need to learn as well. Back in August, the government announced a … The post Student Loan Repayment Moratorium Extended Until May appeared first on AccountsRecovery.net.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

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Northern District of California Confirms That Assigning “Random or Sequential IDs” to Previously Generated Numbers Is Not Autodialing

TCPA

In the wake of the Supreme Court’s April 2021 Facebook v.