Mon.Jan 11, 2021

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Beam Software Continues Annual Support of Hope 4 Communities and Tidewell Hospice

Account Recovery

This holiday season, Beam Software continues our support of South Florida neighbors through donations to Hope 4 Communities and Tidewell Hospice, two charitable organizations that provide essential services to our local community. Our team is proud of our long-standing partnerships and support of charitable organizations. Together, we’ve been able to create positive change in the … The post Beam Software Continues Annual Support of Hope 4 Communities and Tidewell Hospice appeared first on

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A Pandemic Shift in Finances: Simplifying and Saving

Nerd Wallet

The pandemic has caused many people to reassess their priorities. There is talk of moving out of the city, simplifying life and saving more money. “I’m not going to spend money like that anymore,” my millennial daughter told me recently, talking about past shopping sprees on handbags, jewelry, and yes, lattes. “Financial security is fun. Hal M. Bundrick, CFP writes for NerdWallet.

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Daily Digest – January 11. The Best $197 You Will Spend This Year; Judge Denies MTD in FDCPA Case Over Missing Reference in Letter

Account Recovery

THE BEST $197 YOU WILL SPEND THIS YEAR Since the pandemic started last March, one of the most frequent discussion topics that has come up is how can agencies stay connected with their collectors, many or most of whom are working from home. We miss the camaraderie, the shared experiences, and the opportunity to come … The post Daily Digest – January 11.

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Does Medicare Cover Home Health Care?

Nerd Wallet

Medicare generally covers home health care services, including home health aides and certain therapies. To qualify for coverage, though, you’ll have to meet certain requirements. And for some services, you’ll be responsible for part of the cost. Which home health care services are covered by Medicare? Eligible services covered through Original Medicare — which comprises.

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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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The Best $197 You Will Spend This Year

Account Recovery

Since the pandemic started last March, one of the most frequent discussion topics that has come up is how can agencies stay connected with their collectors, many or most of whom are working from home. We miss the camaraderie, the shared experiences, and the opportunity to come together to try and achieve a common goal. … The post The Best $197 You Will Spend This Year appeared first on AccountsRecovery.net.

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More Trending

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Collection Law Firm Facing Pair of FDCPA Class Actions

Account Recovery

A collection law firm in New Jersey is facing a pair of class-action lawsuits that have been filed against it in Pennsylvania, accusing the firm of not sending mandatory notices required by law when suing individuals and for enrolling individuals in automatic payment plans without first obtaining their consent. A copy of the complaint in … The post Collection Law Firm Facing Pair of FDCPA Class Actions appeared first on AccountsRecovery.net.

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6 PPP Loan Tips for Minority and Women Business Owners

Nerd Wallet

The Small Business Administration is trying to level the playing field for underserved business owners, who were largely shut out during the early days of the Paycheck Protection Program’s previous rounds. The program reopened Jan. 11, and for two days is accepting applications only for first-time PPP loans from community financial institutions that typically serve.

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Compliance Digest – January 11

Account Recovery

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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Resources for Taking Care of Your Mental Health and Wealth

Dear Debt

What we’ve gone through this week with the siege of the U.S. Capitol is traumatic and unsettling. At times, I’ve felt my mind blurry, unable to write or think or… The post Resources for Taking Care of Your Mental Health and Wealth appeared first on DEAR DEBT.

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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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Judge Denies MTD in FDCPA Case Over Missing Reference in Validation Notice

Account Recovery

We’ve all heard the joke, what happens when you assume? You make an ass of u and me. A collection law firm is learning that lesson the hard way after a District Court judge in North Carolina denied its motion to dismiss because it did not explicitly state who was assume a debt to be … The post Judge Denies MTD in FDCPA Case Over Missing Reference in Validation Notice appeared first on AccountsRecovery.net.

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In a Year Full of Loss, a Big Win for our VITA Field

Prosperity Now

In a year full of loss, our Volunteer Income Tax Assistance (VITA) advocates notched a big win: Congress funded VITA

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Smart Money Podcast: COVID Scams and Small Goals

Nerd Wallet

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion of COVID-related scams, how to avoid them and what to do if you’re victimized —including freezing your credit if you’ve revealed personal financial information. Then we pivot to talking about small money goals and changes.

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Congress Provides Welcome Relief for FSAs Amidst Continuing Pandemic

Fraser

The COVID-19 pandemic continues to wreak havoc, affecting lives not only on a personal level, but on a professional one. Employers at a minimum must be well versed in various new employment and labor issues as well as employee benefit matters which greatly affect their workforce. Due to closure of schools and day cares throughout 2020, many dependent care flexible spending accounts (FSAs) remain overfunded, leaving numerous employees with the threat of forfeited account balances.

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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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Marriott Rolls Out New Changes for 2021

Nerd Wallet

Marriott has announced several new incentives for Bonvoy members this year and the new initiatives will help members maintain elite status, save on award stays, reach top-tier status and earn elite nights faster in early 2021. Here’s what you need to know about the changes. Bonus Elite Night Credits Elite Night Credits for 2020 status. JT Genter writes for NerdWallet.

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Virtually Advocating for Policy Change During a Pandemic

Prosperity Now

Special thanks to Montana state Sen. Tom Jacobson, (State District 11), and Rachel Cohen, Legislative Assistant for Rep.

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How To Maximize the AmEx Platinum Travel Credit

Nerd Wallet

As the COVID-19 pandemic rolled over the world in 2020, many credit card issuers rolled out new temporary benefits to help boost value to cardholders. American Express was no exception. They started by extending the amount of time that new cardholders had to meet the minimum spending requirements by three months, and went on to. Erin Hurd writes for NerdWallet.

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7th Circuit Challenges Whether Plaintiffs Had Standing in Recent District Court Cases

Troutman Sanders

On December 15, 2020, the Seventh Circuit Court of Appeals decided four cases which all dealt with the issue of standing within the context of the Fair Debt Collection Practices Act (“FDCPA”). With these holdings, the Seventh Circuit stated that simply alleging a procedural violation, confusion, or annoyance under the FDCPA does not constitute an injury-in-fact and that plaintiffs need to show real harm resulting from their responses to debt collectors’ actions to have Article III standing in fe

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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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Why Permanent Life Insurance Isn’t Right for Most People

Nerd Wallet

For people seeking financial security in case of an untimely death, there are two main types of life insurance: term and permanent. The truth is, however, most people don’t need permanent life insurance. You might assume permanent life insurance is the better choice because it never expires, as long as you pay your premiums. Perhaps. Eric Goldschein writes for NerdWallet.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools that businesses can use free of charge.

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Underrated Reasons Why You Need an Ink Business Cash Credit Card

Nerd Wallet

If you’re looking for a cash-back, no-fee business card, then Chase bank’s Ink Business Cash® Credit Card could be the right choice for you. This card offers valuable benefits such as higher than average cash-back rewards in bonus categories, a strong sign-up bonus and 0% interest on your balance for a full year. However, the. Alex Cramer writes for NerdWallet.

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Home Security Company Will Pay $600,000 Civil Penalty in FCRA Settlement for Failing to Provide Risk-Based Pricing Notice

Troutman Sanders

The Consumer Financial Protection Bureau (“CFPB”) has sounded the alarm on a home security company’s alleged violation of the Fair Credit Reporting Act (“FCRA”). On December 11, 2020, the CFPB announced that it and the Arkansas Attorney General reached a settlement with Alder Holdings, LLC (“Alder”), a Utah-based home security company, for allegedly violating the FCRA by charging higher activation fees to customers with lower credit scores without providing notice to the customers.

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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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Sage 50cloud Accounting: Guide to Cost, Features and More

Nerd Wallet

Sage 50cloud is accounting software that combines the reliability of desktop software and the flexibility of the cloud. The software is designed to enable users to spend less time on administrative tasks, and has built-in automation and cloud access features such as remote data access. Sage 50cloud users range from individual business owners to bookkeepers.

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The Benefits of Investing in Your Collectors

Arbeit Software

Shortly after the COVID-19 pandemic began, Debt Recovery Solutions of Ohio began placing an even greater focus on investing in its collectors. Bethany Robertson , Vice President, and Kimberly Atwell , Client Care Manager, share their reasoning behind the decision, what changes were implemented, and the benefits they've seen as a result.

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NBKC Business Checking: 2021 Review

Nerd Wallet

NBKC business checking — also simply referred to by NBKC as its Business Account — is an online bank account with no monthly maintenance fees, no minimum balance requirement and unlimited transactions. This free business checking account is a great option for budget-conscious small-business owners, as well as those looking for a straightforward account to.

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New PPP Loans Under Economic Aid Act

Burr Forman

The President signed new stimulus legislation into law on December 27, 2020. The new law, the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act , P.L. 116-260 (“Economic Aid Act”), authorizes new and additional PPP loans and modifies the CARES Act for this purpose. The Economic Aid Act authorizes funds of $284.5 billion for PPP loans, and which includes $35 billion for first-time borrowers.

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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.