Account Recovery

AUGUST 5, 2020

A lot of people– more than 3 million — are going to lose their health insurance this year because of the coronavirus pandemic, according to data provided by the Robert Wood Johnson Foundation and the Urban Institute. As many as 10 million individuals are going to lose their employer-sponsored health insurance, as well, creating a … The post Pandemic Causing Millions to Lose Health Insurance: Report appeared first on AccountsRecovery.net.

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Healthcare 246

Debt

AUGUST 5, 2020

Congress and the White House are still debating whether the HEALS Act, HEROES Act – or some compromise Act in between – will deliver the next round of coronavirus relief to a wobbly American economy, but at least they’ve set a deadline. Well, sort of a deadline. Treasury Secretary Steven Mnuchin and White House Chief […]. The post Details on the HEALS Act appeared first on Debt.org.

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Account Recovery

AUGUST 5, 2020

A number of individuals, companies, and associations waited until the last minute to submit their comments about the Consumer Financial Protection Bureau’s proposed rule about time-barred debt disclosures. Now that the comment period on the supplemental notice of proposed rulemaking (SNPRM) has closed, the CFPB will analyze the comments and then issue a proposed rule, … The post Flurry of Comments Filed on Deadline Day for Time-Barred Disclosure Rule; ACA Urges CFPB To Withdraw Propo

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Nerd Wallet

AUGUST 5, 2020

I was once on a flight that was delayed several hours because of a missing beverage cart. The flight crew explained that this happened not because the passengers might riot without ginger ale, but because the Federal Aviation Administration required the beverage carts to be stowed before takeoff — which meant the carts needed to. Sam Kemmis is a writer at NerdWallet.

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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

AUGUST 5, 2020

Crown Asset Management, LLC (CAM), a leading purchaser of charged-off debt and RMAI “Certified Professional Receivables Company”, was recently selected as one of the 2020 Best Places to Work in Collections. The program, now in its 13th year, is administered by Best Companies Group, which conducts over 60 local, national and industry “Best Places” programs … The post Best Places to Work in Collections appeared first on AccountsRecovery.net.

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Collections 162

Account Recovery

AUGUST 5, 2020

August 5, 2020, Wilmington, DE – Katabat, a leading global provider of debt management software solutions for lenders, fintechs, and collection agencies, announced today a strategic growth investment from Tritium Partners, a growth-focused private equity firm with extensive experience investing in fintech and financial services companies, and Terminus Capital, an enterprise software private equity firm.

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Collection Agencies Collections Agency Debt Management Financial services 147

Credit Corp

AUGUST 5, 2020

Imagine you’re shopping for a new car and finally find a reasonably priced set of wheels that you like. But when the dealer pulls your credit, that seemingly affordable monthly payment is no longer available to you. Instead, you’re offered a subprime car loan at 10% or even 20% interest because your credit isn’t strong enough to get a better rate.

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Loans Lender 104

Account Recovery

AUGUST 5, 2020

A company that specializes in helping companies avoid being sued for allegedly violating the Telephone Consumer Protection Act has been leaking the phone numbers, email addresses, and passwords of its customers and the contact information for individuals who have hired lawyers to sue for TCPA violations, according to a published report. The Blacklist Alliance, which … The post TCPA ‘Litigation Firewall’ Exposed Customer, Consumer Data: Reports appeared first on AccountsRecovery

Lawyers 147

Lawyers 147

Nerd Wallet

AUGUST 5, 2020

Though you might not be jet-setting across the world or taking that great American road trip this summer, you can still put your vacation days to good use — and keep earning those points and miles while you’re at it. Here are a few ideas for socially distant vacations that don’t involve large crowds, cross-country. Alisha McDarris is a writer at NerdWallet.

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Collections

Account Recovery

AUGUST 5, 2020

In a case that was first reported by Eric Troutman at TCPAWorld, a District Court judge in Nevada has granted a defendant’s motion for summary judgment in a Telephone Consumer Protection Act case in which a former debt collector purchased a prepaid cell phone for the purpose of suing companies that called him without consent. … The post Judge Grants MSJ For Defense in TCPA Case Filed By Professional Plaintiff appeared first on AccountsRecovery.net.

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Debt collector Judgment 147

Nerd Wallet

AUGUST 5, 2020

When I first started working remotely just a month before the coronavirus hit, my mind immediately ran through a montage of different versions of my life. The choices were spinning and a bit overwhelming. You can ask my co-workers. I was considering becoming a digital nomad, touring with Disney on Ice or moving to a. Meghan Coyle is a writer at NerdWallet.

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Account Recovery

AUGUST 5, 2020

JUDGE GRANTS MSJ FOR DEFENSE IN TCPA CASE FILED BY PROFESSIONAL PLAINTIFF In a case that was first reported by Eric Troutman at TCPAWorld, a District Court judge in Nevada has granted a defendant’s motion for summary judgment in a Telephone Consumer Protection Act case in which a former debt collector purchased a prepaid cell … The post Daily Digest – August 5.

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Debt collector Judgment 113

UK debt collections

AUGUST 5, 2020

The number of County Court Judgments registered against businesses England and Wales has fallen by nearly 30 percent compared with last year. The first half of 2020 has seen a huge reduction compared to the same period of 2019 according to figures released by Registry Trust. The number of CCJs against businesses fell from 65,724 in the first half of 2019 to 46,117 for the same period in 2020.

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Judgment Government Collections 69

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

AUGUST 5, 2020

Cash management accounts, offered by nonbank financial services providers, are meant to help people spend and save their money. Until recently, many highlighted a high interest rate and lacked certain checking-related, consumer-friendly features, like debit cards and ATM access. Customers often had to use online transfers to move their money around.

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Financial services Banks 63

Burr Forman

AUGUST 5, 2020

South Carolina enacted a state low income housing tax credit on May 14, 2020. An overview of the credit, which mirrors the federal credit, can be found here. The South Carolina State Housing Finance and Development Authority (SC Housing) is required to issue an eligibility statement in order for a project to receive the state LIHTC. The eligibility statement also specifies the amount of the state LIHTC a project will receive.

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Construction 52

Nerd Wallet

AUGUST 5, 2020

The “Pay Over Time” feature — available on flagship AmEx products like the American Express® Green Card, the American Express® Gold Card and The Platinum Card® from American Express — essentially turns those charge cards into traditional credit cards. Unlike credit cards, charge cards don’t have preset spending limits, nor do they have ongoing APRs.

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Troutman Sanders

AUGUST 5, 2020

The novel coronavirus (“COVID-19”) has resulted in the California legislature rolling out several emergency initiatives to address the impact of the outbreak. Initiatives range from introducing measures to address key employment issues to financial packages that provide funding to increase hospital capacity and protect those most vulnerable to the disease.

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Government 52

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Collections

Nerd Wallet

AUGUST 5, 2020

The U.S. Bank Altitude® Go Visa Signature® Card and the Capital One® Savor® Cash Rewards Credit Card are both great cards for foodies, with each boasting an outstanding 4X back on dining purchases, along with solid rates at grocery stores to boot. But unless you’re also big on painting the town several nights a week, the U.S. Bank. Erin Hurd is a writer at NerdWallet.

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Banks 52

Katabat

AUGUST 5, 2020

August 5, 2020, Wilmington, DE – Katabat, a leading global provider of debt management software solutions for lenders, fintechs, and collection agencies, announced today a strategic growth investment from Tritium Partners, a growth-focused private equity firm with extensive experience investing in fintech and financial services companies, and Terminus Capital, an enterprise software private equity firm.

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Debt Management Collection Agencies Collections Agency Acquisition 52

Nerd Wallet

AUGUST 5, 2020

Amid the COVID-19 pandemic, remote work looks like it may be sticking around for many employees, business owners and students. If you intend to outfit your home with gadgets to enhance your productivity, American Express is offering statement credits on select consumer and business credit cards that might help you save on those purchases. The Platinum.

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True Accord

AUGUST 5, 2020

Perspectives from Melissa Guzy, Co-founder and Managing Partner of Arbor Ventures. At TrueAccord, we are motivated by how our work impacts consumer finance through technology. Given how broad the landscape is for fintech products and services, we’re excited to introduce a new speaker series on our blog, called “Between Two FinTechs: A Chat Series with FinTech Industry Leaders.

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Startups Financial services Judgment Collections 96

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.