Wed.Dec 16, 2020

article thumbnail

Appeals Court Issues Four More Rulings on Lack of Standing

Account Recovery

A day after it issued two rulings in which it determined plaintiffs lacked standing to sue debt collectors for alleged violations of the Fair Debt Collection Practices Act, the Court of Appeals for the Seventh Circuit issued four more rulings on the matter yesterday, determining in each case that the plaintiffs lacked standing to file … The post Appeals Court Issues Four More Rulings on Lack of Standing appeared first on AccountsRecovery.net.

article thumbnail

More Millennials Are Using Up End-of-Year Vacation Time

Nerd Wallet

The majority of Americans typically don’t use all their paid time off. That’s been a worrying trend in past years that could lead to potential burnout or resentment as employees don’t take full advantage of compensation they’re entitled to. But in a year where people traveled significantly less than they used to, millennials are actually. Sally French writes for NerdWallet.

137
137
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Daily Digest – December 16. Appeals Court Issues Four More Rulings on Lack of Standing; Tips to Help Train New, Existing Collectors

Account Recovery

APPEALS COURT ISSUES FOUR MORE RULINGS ON LACK OF STANDING A day after it issued two rulings in which it determined plaintiffs lacked standing to sue debt collectors for alleged violations of the Fair Debt Collection Practices Act, the Court of Appeals for the Seventh Circuit issued four more rulings on the matter yesterday, determining … The post Daily Digest – December 16.

article thumbnail

The Property Line: Buyers Face Emotional Journey in 2021

Nerd Wallet

Plan to buy your first home in 2021? It’ll probably take months instead of weeks, and you might feel demoralized at times. That’s not negative thinking. It’s an acknowledgment that the road to homeownership has potholes. The journey can be bumpy, but the destination is worth it. When you know at the outset that you’re. Holden Lewis writes for NerdWallet.

120
120
article thumbnail

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.

article thumbnail

Judge Denies MTD in Case Seeking to Invoke TCPA’s ATDS Provisions Were Invalid

Account Recovery

On the same day, in the same District, two different judges issued opposing rulings on whether the Telephone Consumer Protection Act was unconstitutional between 2015 and 2020. The ruling in Hussain v. Sullivan Buick-Cadillac-GMS Truck, Inc. has already been discussed, and joined two other courts in determining that the statute was unconstitutional.

244
244

More Trending

article thumbnail

Tips to Help Train New, Existing Employees

Account Recovery

Training collectors, whether they be new hires or seasoned veterans in need of a refresher, is an expensive process for collection agencies. Not only does the trainer have to be paid, but every minute that a collector is not on the phone trying to collect is lost money. On top of that, training during during … The post Tips to Help Train New, Existing Employees appeared first on AccountsRecovery.net.

article thumbnail

General Insurance Code of Practice Training

Debt Recoveries

By Kirti Joshi and James McGuire. As a part of Debt Recoveries Australia’s ongoing commitment to improvement, their clientele and the greater community, our team recently undertook additional training provided by the. Australian and New Zealand Institute of Insurance and Finance (ANZIIF) regarding the recent updates to the General Insurance Code of Practice.

article thumbnail

TCN Releases eBook to Help Understand Debt Collection Rule

Account Recovery

To help individuals in the accounts receivable management industry better understand the debt collection rule that was released by the Consumer Financial Protection Bureau, TCN has released an eBook that summarizes the rule and offers key insights that were contained in the 653-page document. A copy of the free eBook can be accessed by clicking … The post TCN Releases eBook to Help Understand Debt Collection Rule appeared first on AccountsRecovery.net.

article thumbnail

NerdWallet Travel Writers Offer Their 2021 Resolutions

Nerd Wallet

When the pandemic started, our travel plans got bumped out by a few weeks. That seems so quaint and optimistic now. We didn’t understand, at the time, that the whole notion of “making plans” needed to be chucked out the window. It took several more iterations of booking and rebooking travel before it really sank. Elina Geller writes for NerdWallet. Email: egeller@nerdwallet.com.

84
article thumbnail

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.

article thumbnail

Supreme Court to Take a Stand on Standing, Granting Cert. of 9th Circuit’s Ramirez Decision

Troutman Sanders

The Supreme Court granted cert in Ramirez v. TransUnion LLC to consider “whether either Article III or Rule 23 permits a damages class action where the vast majority of the class suffered no actual injury, let alone an injury anything like what the class representative suffered.” This development is a welcomed opportunity for clarity in the standing context as it applies to class actions.

59
article thumbnail

11 Best Moving Tips for an Easier, Cheaper Move

Nerd Wallet

No matter how amazing the destination, most folks dread moving day — and that’s putting it mildly. But while some stress and expense is unavoidable, your upcoming move truly doesn’t have to be awful. These simple moving tips will help get you and all your belongings to your new home smoothly. 1. Budget for the. Roberta Pescow writes for NerdWallet. Email: USexpansion@nerdwallet.com.

71
article thumbnail

FCC Reconsiders Government Contractors’ Classification as TCPA Non-“Persons”

TCPA

The FCC in 2016 determined that the federal government was not a “person” subject to the TCPA, and that by extension, federal contractors working within the scope of their delegated authority were also not bound by TCPA restrictions.

article thumbnail

Chase Teams Up With Air Canada for 2021 Credit Card Partnership

Nerd Wallet

This week, Chase and Air Canada announced a new partnership set to launch in late 2021. At that point, Air Canada’s reward program, Aeroplan, will launch a branded credit card through Chase. The new Mastercard credit card is expected to give U.S.-based travelers an additional way to earn Aeroplan points and perks when flying on. JT Genter writes for NerdWallet.

53
article thumbnail

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?

article thumbnail

Relying on Commonly Used Name, Without More, Does Not Violate the FDCPA

Troutman Sanders

On December 4, Judge William M. Conley, in the Western District of Wisconsin, granted a defendant debt collector’s motion to dismiss without prejudice. The Court determined that while the plaintiff Mikayla Fellenz has standing to sue under the Fair Debt Collection Practices Act (FDCPA), her claim that the identification of the creditor was confusing and misleading did not constitute a violation of the FDCPA.

article thumbnail

Reduce Online Payment Processing Risks

Payment Savvy

Online payment transactions have grown to be quite risky and insecure. Nowadays, a simple click on an email can expose all your financial details in a matter of seconds. This is why business owners need to take the necessary steps to protect themselves and their clients from online payment processing risks. As a business owner, if you are questioning which ways are ideal at preventing security breaches during online transactions – here are top security ways experts agree you can reduce onl

article thumbnail

Looking ahead: 2021 Predictions and trends in the finance industry

On Guard

Looking ahead with 2021 Predictions. The finance industry has been hugely impacted by Covid-19, not least due to the move to remote working. Despite the recent promising vaccine news, 2021 looks set to bring continued uncertainty beyond the pandemic, with other external factors such as Brexit set to make an impact in the new year. It’s therefore of no surprise that a raft of pressures are on finance professionals, with a challenging and transformational year in the industry ahead.

article thumbnail

UK Credit Report: Is £90 Million in Unused Credit a Bad Thing?

Fico Collections

Our analysis of UK card trends for October 2020 may ring some alarm bells for lenders ahead of the traditional festive spending season. Our new data paints quite a complex picture of consumer spending and financial management. Certainly, card spend was down compared to September, which may be a reflection of the regional tier system that came into place during the month.

article thumbnail

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.

article thumbnail

Looking ahead: 2021 Predictions and trends in the finance industry

On Guard

Looking ahead with 2021 Predictions. The finance industry has been hugely impacted by Covid-19, not least due to the move to remote working. Despite the recent promising vaccine news, 2021 looks set to bring continued uncertainty beyond the pandemic, with other external factors such as Brexit set to make an impact in the new year. It’s therefore of no surprise that a raft of pressures are on finance professionals, with a challenging and transformational year in the industry ahead.

article thumbnail

SCOTUS takes FCRA class action case

Public Citizen

The issue as framed by the petitioner, TransUnion, is whether "either Article III or Federal Rule of Civil Procedure 23 permits a damages class action when the vast majority of the class suffered no actual injury, let alone an injury anything like what the class representative suffered." More at SCOTUSblog.

53