Account Recovery

APRIL 25, 2022

Atlanta, GA, April 25, 2022 – VoApps, Inc., provider of DirectDrop Voicemail, announced today that Kirby Miller has been hired as Chief Revenue Officer to lead the company’s ambitious strategic growth initiatives. Miller will be tasked with supporting the existing sales team in the core industries of accounts receivables management, online lending, banks and credit unions, … The post VoApps hires Kirby Miller as Chief Revenue Officer to Lead Strategic Growth appeared first on A

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Credit Unions Credit Unions Accounts Receivables Management Banks 246

Nerd Wallet

APRIL 25, 2022

A smart thermostat can turn up the heat in your home before you roll out of bed. A smart speaker can play your favorite podcasts with a voice command. A smart lightbulb can be turned on or off from across the room. But smart-home devices aren’t just about convenience. Because some of them can help. Sarah Schlichter writes for NerdWallet. Email: sschlichter@nerdwallet.com.

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Home Insurance 98

Account Recovery

APRIL 25, 2022

One of the largest health insurance companies in the nation is under increasing scrutiny from hospitals over allegations that it is not fully paying out claims and inappropriately denying others. Hospitals across the country are no longer contracting with Anthem over the issues, according to published reports. When claims are not paid out quickly enough, … The post Anthem Called Out for Unpaid Claims appeared first on AccountsRecovery.net.

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Healthcare 246

Nerd Wallet

APRIL 25, 2022

A commercial business loan is money that your business can borrow from a lender and pay back over time with interest. A commercial business loan may be a good fit if you need to cover long-term costs to expand your business, like buying equipment or real estate. Many banks and private lenders offer commercial business. Rosalie Murphy writes for NerdWallet.

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Loans Lender Banks 82

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

APRIL 25, 2022

VICTIMS OF ALLEGED COLLECTION LAW FIRM SCAMMERS SUE IN STATE COURT A trio of plaintiffs who unsuccessfully tried to sue a collection law firm and three attorneys — who are facing charges for multiple felonies after allegedly forging proofs of service in collection lawsuits — in federal court have taken their case to state court, … The post Daily Digest – April 25.

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Law Firms Collections 246

Account Recovery

APRIL 25, 2022

A class-action lawsuit has been filed in federal court in Nevada, accusing a pair of companies of violating the Fair Debt Collection Practices Act by allegedly sending an initial notification to the plaintiff without including all of the required validation information required under Regulation F. The notification was sent in December, after Reg F went … The post Class Action Accuses Collector of Leaving out Some Reg F Disclosures in Initial Notification appeared first on AccountsRecovery.

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Fair Debt Collection Collections 246

Nerd Wallet

APRIL 25, 2022

You’ve probably heard of Airbnb. The vacation rental accommodation giant has rewritten the way guests travel by putting hosting into the hands of the people. While this has greatly expanded places for people to stay, there’s no guarantee that the property you book will be a good one — especially when there are few reviews. Carissa Rawson writes for NerdWallet.

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Account Recovery

APRIL 25, 2022

A trio of plaintiffs who unsuccessfully tried to sue a collection law firm and three attorneys — who are facing charges for multiple felonies after allegedly forging proofs of service in collection lawsuits — in federal court have taken their case to state court, claiming violations of the Michigan Collection Practices Act. Three attorneys working … The post Victims of Alleged Collection Law Firm Scammers Sue in State Court After Striking out in Federal Court appeared first on

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Law Firms Collections 246

Nerd Wallet

APRIL 25, 2022

A special purpose acquisition company, or SPAC, is a company set up by investors with one purpose: to help a private company go public. SPACs have helped companies like DraftKings, BuzzFeed and Virgin Orbit Holdings go public. They’ve grown more popular in recent years because they make investing in large, public companies more accessible to. Cara Smith writes for NerdWallet.

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Acquisition 78

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Collections

Account Recovery

APRIL 25, 2022

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Nerd Wallet

APRIL 25, 2022

Among the many World of Hyatt brands, two big names stand out: Grand Hyatt and Hyatt Regency. Both brands have been part of Hyatt’s portfolio for more than four decades. So is there any real difference between Grand Hyatt and Hyatt Regency? It turns out that yes, there is. Hyatt has different types of hotels. Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com.

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Hudson Weir

APRIL 25, 2022

Envisage this scenario: you’re just about to pay a company some funds, perhaps for some goods or supplies, and you find out they’ve gone into administration. You scratch your head thinking, “do I still need to pay them?”. The chances are that the administrators who have taken over the insolvent company will want any money owed to them paid back. Just because a company has become insolvent, doesn’t mean your debts are automatically wiped out.

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Loans Debtor Lender Debt Management 52

Nerd Wallet

APRIL 25, 2022

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This episode starts with a discussion.

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Education 70

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

On Guard

APRIL 25, 2022

More than half of companies are engaged in digital transformation. Amsterdam, 25 April 2022 – Finance professionals are less confident than two years ago when asked about data-driven working. The percentage indicating that they are already working completely data-driven has fallen from 12% in 2020 to 5% in 2022. This is shown by the FinTech Barometer , a financial survey conducted by Visma | Onguard on the financial status of Dutch companies.

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Nerd Wallet

APRIL 25, 2022

In May 2017, American Airlines became the first major U.S. airline to introduce a true premium economy product. American didn’t waffle on implementing this new product offering, installing premium economy on over 100 aircraft by the end of 2018. Now, you’ll find American Airlines premium economy seating installed on all of the airline’s Boeing 777. JT Genter writes for NerdWallet.

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Consumer Finance

APRIL 25, 2022

Chairman Brown, Ranking Member Toomey, and distinguished Members of the Committee, I am pleased to appear before you today in conjunction with the Consumer Financial Protection Bureau’s (CFPB) submission of the Semiannual Report to Congress.

Banks 52

Banks 52

Nerd Wallet

APRIL 25, 2022

Modifying a home to accommodate an injury, disability or aging can involve costly updates. Wide doors, altered kitchen cabinets and easier-to-use appliances can cost thousands of dollars. Before you finance or pay out of pocket for these upgrades, look for assistance from the government or nonprofit organizations. Many offer resources for low-income individuals, older adults.

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Loans Government Personal loans 68

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Collections

Troutman Sanders

APRIL 25, 2022

Like most industries today, Consumer Finance Services businesses continue to be significantly impacted by COVID-19. To help you keep abreast of relevant activities, below find a breakdown of some of the biggest legislative and regulatory events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities.

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Financial services Student loans Student Loans Education 52

True Accord

APRIL 25, 2022

“Death of the call center”—you may have heard this phrase before, but today’s labor shortage, wage inflation, regulatory risks, and changing consumer behavior are all nails in the coffin of this once sure-fire business tactic. But don’t say a final farewell to the call center just yet. There is a way to utilize those phones to more effectively reach your business goals—especially when it comes to recovery and collection operations.

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Debt Recovery Collections 52

Troutman Sanders

APRIL 25, 2022

On March 31, the Securities and Exchange Commission (SEC) issued Staff Accounting Bulletin No. 121 (Bulletin), noting that a company safeguarding or exerting custody over cryptocurrency on behalf of its platform users must clearly report the users’ assets as liabilities on the company’s financial statement, along with the risks consumers face by entrusting the company with their private, cryptographic keys.

Acquisition 52

Acquisition 52

Public Citizen

APRIL 25, 2022

"The American retirement system is built for the rich -- Lawmakers proclaim they want to help the middle class save. But that’s not who benefits most from IRAs and 401(k) plans." Read this Washington Post essay on that topic by law prof Daniel Hemel.

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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.

Collection Industry News

APRIL 25, 2022

Source: site. ALAMEDA, CA – Last week, the California Supreme Court declined to review the California Court of Appeal’s decision holding that bail bonds companies must follow consumer protection laws that protect Californians from exploitative business practices. The Court of Appeal’s public decision affirmed a preliminary injunction from Alameda County Superior Court that stopped Bad Boys Bail Bonds’s debt collection of $38 million from more than 18,000 bail bond contracts signed since 2017, b

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Collections Lawyers 40

PBWT

APRIL 25, 2022

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Collection Industry News

APRIL 25, 2022

Source: site. According to the Consumer Financial Protection Bureau , Americans’ most common debt collection complaints in 2021 were based on efforts to collect on a bill they said did not belong to them. In its April 2022 Complaint Bulletin, the CFPB found that public complaints about collection attempts for medical bills consumers said they did not owe jumped 31%.

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Consumer Credit Collections 40

NACM

APRIL 25, 2022

China's currency hit a 17-month low against the U.S. dollar today, as fears grow about the economic repercussions from continued Covid lockdowns in some major Chinese cities. "There are concerns about the Covid situation in Beijing evolving into what happened in Shanghai with some prolonged lockdowns that bites the economy," Kevin Li, portfolio man.

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Credit Unions