Thu.Apr 01, 2021

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NOT APRIL FOOLS — Supreme Court Issues Ruling in Duguid v. Facebook

Account Recovery

The Supreme Court today issued its ruling in Facebook v. Duguid, reversing and remanding the case back to the Ninth Circuit Court of Appeals. The Court, in an unanimous opinion, held that an automated telephone dialing service as defined in the Telephone Consumer Protection Act must be that has “the capacity either to store a … The post NOT APRIL FOOLS — Supreme Court Issues Ruling in Duguid v.

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CFPB Compliance Bulletin Warns Mortgage Servicers: Unprepared is Unacceptable

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) today warned mortgage servicers to take all necessary steps now to prevent a wave of avoidable foreclosures this fall. Millions of homeowners currently in forbearance will need help from their servicers when the pandemic-related federal emergency mortgage protections expire this summer and fall. Servicers should dedicate sufficient resources and staff now to ensure they are prepared for a surge in borrowers needing help.

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Exclusive: Bedard Announces Retirement

Account Recovery

AccountsRecovery.net has learned that noted industry attorney John Bedard is retiring and that he plans to embark on a cross-country motorcycle trip. An avid motorcycle enthusiast, Bedard has been planning the trip for several years and has been waiting for the right time to make the decision. While the decision to retire six months before Regulation F goes … The post Exclusive: Bedard Announces Retirement appeared first on AccountsRecovery.net.

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5 Things to Know About the Macy’s Credit Card

Nerd Wallet

Like Macy’s department stores, the Macy’s credit card offers a lot of surface appeal: It gives you rewards and discounts on countless products to brighten your home, wardrobe and life. But when you look closer at it, the shine dims. The card has a complicated rewards structure and limited redemption options. Here are five things. Kimberly Palmer writes for NerdWallet.

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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 – April 1.

Account Recovery

Welcome to a very special episode of the Daily Digest GETTING TO KNOW IMMA DUNNING OF ARM AND A LEG AGENCY Imma is a long-time listener, first-time caller here at AccountsRecovery.net. Her collections journey, however has been a long and thrilling tale. It all started when her father invented the convenience fee, creating the impetus … The post Daily Digest – April 1. appeared first on AccountsRecovery.net.

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Leading Consumer Rights Law Firm Acquires WebRecon

Account Recovery

Grand Rapids, Mich. (April 1, 2021) — Jack Gordon, the founder and chief executive of WebRecon announced today that he has sold the company to a leading consumer rights law firm. Terms of the deal were not disclosed. For more than a decade, WebRecon has helped companies in the accounts receivable management industry identify consumers … The post Leading Consumer Rights Law Firm Acquires WebRecon appeared first on AccountsRecovery.net.

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Can You Still Buy a Used Rental Car at a Bargain?

Nerd Wallet

Will a bargain-priced former rental car become yet another casualty of the pandemic? Rental car companies, which frequently refresh their fleets, have long been a reliable source of reasonably priced used vehicles for those in the know. But tightening inventories of used cars nationwide are driving up prices of many former rental cars to higher. Philip Reed writes for NerdWallet.

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Getting to Know Immanuella Dunning of ARM and a Leg Agency

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 Immanuella Dunni

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Federal vs. Private Student Loans: What Are the Drawbacks?

Nerd Wallet

Finding out the best ways to pay for college can be overwhelming. And if you’ve already exhausted free aid through the Free Application for Federal Student Aid, or FAFSA, and taken advantage of grants and scholarships, you might be looking at student loans to fill the gap. Borrowers typically have two options for student loans: federal and. Cecilia Clark writes for NerdWallet.

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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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What Can I Do if I’m Drowning in Debt? Here Are 3 Easy Strategies

Credit Corp

This post originally appeared on The Financially Independent Millennial and has been republished with permission. Are you drowning in debt and wonder what you can do? Here are three easy strategies you can do today to get started paying off your debt. First, you need a budget to create a monthly surplus. Second, you need to know how much you owe. And last, putting it together, you need to use that monthly surplus to pay off your debt.

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If You Need to Find Tax Help, Try DIY First

Nerd Wallet

Getting help from the IRS this tax season is going to be a challenge. The IRS has finally opened the 23.4 million pieces of mail that piled up after the pandemic shuttered its processing centers last spring. But the agency still has a backlog of paperwork from last year even as it ingests this year’s. Liz Weston writes for NerdWallet. Email: lweston@nerdwallet.com.

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Burr & Forman Attorneys Named Top Authors on JD Supra’s 2021 Readers’ Choice Awards

Burr Forman

Burr & Forman LLP announces Matt DeVries and Erik Doerring have been named Top Authors in JD Supra’s Readers’ Choice Awards for 2021. This year, the awards recognize authors for their visibility and thought leadership covering 28 key, cross-industry topics as well as firms for their visibility and engagement in the 28 topics covered by the awards.

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The Guide to Copa Airlines

Nerd Wallet

Copa Airlines is a Latin American airline based in Panama City. Although Copa Airlines began as the national airline of Panama with only three domestic flights, it now flies to over 20 countries across North, Central and South America and the Caribbean. A member of the Star Alliance, Copa Airlines has been consistently named the. Josh Garber 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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Analysis of a Scam Email – “The Webster Law Firm” and Speedy Cash

Debt Free Colorado

If you’ve ever taken out a payday loan, chances are that you’ve received an email like the following, regardless of whether you paid off the loan or not. The payday lenders like Speedy Cash swear up and down that they don’t have anything to do with this, but somehow their customer lists keep getting into the hands of fraudsters. To be clear, I don’t think Speedy Cash had anything to do with sending this specific email.

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Save on Supplies as Kids Go Back to School in Person

Nerd Wallet

With many school districts slowly returning to at least some in-person education, parents are experiencing a delayed back-to-school shopping rush. School supply lists also contain new items, such as disinfectant wipes, headphones and masks. However, traditional back-to-school sales are long gone. Thankfully, school supply shopping experts say you can still get great deals outside of.

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Supreme Court Adopts Narrow Autodialer Definition

TCPA

In a decision issued this morning, the Supreme Court settled a long-running debate over the scope of the TCPA’s “automatic telephone dialing system” definition: “whether that definition encompasses equipment that can ‘store’ and dial telephone numbers, even if the device … Continue reading →

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Barclays Upromise Boosts Rewards Rate for Cards Linked to 529 Accounts

Nerd Wallet

The Upromise Mastercard is one of a handful of credit cards that lets you funnel rewards directly into a 529 college savings account — and now, the card is becoming a bit simpler and more valuable. In short, there’s now less math involved, and the card’s effective rewards rate is rising by about 6%. Here’s what’s. Erin Hurd writes for NerdWallet. Email: ehurd@nerdwallet.com.

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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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Critical Construction Contract Provisions for Subcontractors

Jimerson Firm

On Wednesday, March 31, 2021 from 12:00 PM-1:00 PM, three of our partners presented Critical Construction Contract Provisions: What Subcontractors Should Know to Protect Their Bottom Line. This webinar covered critical contract provisions that you need to know to safeguard your project. Specifically, this presentation will help subcontractors identify crucial contract provisions when negotiating subcontracts with the contractor.

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Capital One vs. Chase: Which Is Better for Business Checking?

Nerd Wallet

If you’re looking for a business checking account with a big-name bank, Capital One and Chase are likely on your radar. But how do you decide which is best for your small business? Ultimately, the best business checking account depends on the unique needs of your business. Do you make a lot of cash deposits? Kelsey Sheehy writes for NerdWallet. Email: ksheehy@nerdwallet.com.

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Mobile Money: African Tech Start-Ups Catch Investors' Eyes

Fico Collections

It’s no surprise Africa’s tech ecosystem is increasingly being scrutinised by more and more big-money investors as the scale of the continent’s opportunities and the calibre of its start-ups draw greater global attention. At the end of last year, Amazon chief Jeff Bezos's personal venture capital fund joined a US$30 million funding round for African cross-border payments start-up Chipper Cash.

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Mortgage Outlook: April Rates Begin to Grow

Nerd Wallet

April mortgage rates forecast I predict that mortgage rates will be higher at the end of April than at the beginning, with ups and downs in between, and that the overall increase will be less than a quarter of a percentage point. Rates will rise on ‘immunity euphoria’ A rapidly growing economy is usually accompanied. Holden Lewis writes for NerdWallet.

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The Power of Storytelling in Risk Management

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.

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How to Run Effective Virtual Meetings [7 Strategies] | Arbeit

Arbeit Software

Virtual meeting fatigue is real. Finding the right timing, frequency, structures & channels for your meetings is the only way to avoid staying or becoming a victim.

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The Best Airlines for Free Stopovers

Nerd Wallet

A “stopover” is usually defined as a connection or stop that lasts for 24 hours or more for international travel and four hours or more for domestic travel (shorter connections are called layovers). Normally, passengers hate long layover flights that feel like huge time wasters. But with stopovers — and stopovers planned well — you. Andy Shuman writes for NerdWallet.

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Breaking: SCOTUS rules that "a necessary feature" of an ATDS "is the capacity to use a random or sequential number generator to either store or produce phone numbers to be called"

Public Citizen

Here , in Facebook v. Duguid. In other words, if all the device does is call numbers that you specificaly tell it to call, it's not an ATDS within the meaning of the Telephone Consumer Protection Act.

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Old Barclaycards With Apple-Related Incentives Are Getting Updated

Nerd Wallet

Two Barclays-issued credit cards that are closed to new applications are getting makeovers and switching to the Mastercard payment network, although they’ll still be available to existing cardholders only: The Barclaycard Visa with Apple Rewards will become the Barclays View Mastercard. The Barclaycard Financing Visa will become the Barclays Financing Mastercard.

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.