Tue.Jun 22, 2021

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Majority of Americans in Favor of Student Loan Forgiveness: Survey

Account Recovery

A majority of Americans are in favor of blanket student loan forgiveness, according to the result of a nationwide survey released last week. The debate over forgiving student loans has been ramping up again in recent weeks, especially following last week’s announcement by the Department of Education that it was canceling $500 million in unpaid … The post Majority of Americans in Favor of Student Loan Forgiveness: Survey appeared first on AccountsRecovery.net.

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PayPal Here Review 2021: Is This Mobile POS Right for You?

Nerd Wallet

If you rely on PayPal to process payment from customers, vendors or both, then you might be wondering what your PayPal credit card reader options are. The online invoicing that PayPal offers can be a lifesaver for companies that need to remotely access payment from customers. But for those moments that you find yourself face-to-face. Maddie Shepherd writes for NerdWallet.

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Daily Digest – June 22. Judge Grants Motions to Compel, Dismiss in FDCPA, TCPA Class Action; Conn. Regulator Fines Agency $10k For Operating Without License

Account Recovery

JUDGE GRANTS MOTIONS TO COMPEL, DISMISS IN FDCPA, TCPA CLASS ACTION A District Court judge in California has granted a defendant’s motion to dismiss with prejudice and motion compel arbitration in a class-action case alleging violations of the Fair Debt Collection Practices Act and Telephone Consumer Protection Act over an unpaid credit card debt. CONN. … The post Daily Digest – June 22.

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10 Hotel Pools Worth Traveling for This Summer

Nerd Wallet

If you’re looking to take a refreshing dip this summer, some hotel pools are truly epic and worth the journey. Whether it’s the stunning view, a clever design or a long list of amenities to enjoy, these hotels with pools (and the corresponding loyalty points you can earn and redeem during your stay) will have. Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com.

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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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Judge Grants Motions to Compel, Dismiss in FDCPA, TCPA Class Action

Account Recovery

A District Court judge in California has granted a defendant’s motion to dismiss with prejudice and motion compel arbitration in a class-action case alleging violations of the Fair Debt Collection Practices Act and Telephone Consumer Protection Act over an unpaid credit card debt. A copy of the lengthy 45-page ruling in the case of Hartranft … The post Judge Grants Motions to Compel, Dismiss in FDCPA, TCPA Class Action appeared first on AccountsRecovery.net.

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Conn. Regulator Fines Agency $10k For Operating Without a License

Account Recovery

The Connecticut Department of Banking has assessed nearly $11,000 in fines against a collection agency for operating in the state without a license, according to a copy of a consent order that was published this week. Seattle Service Bureau, which does business as National Service Bureau, will pay a fine of $10,000 and $800 in … The post Conn.

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Your Business Experienced a Ransomware Attack, and It Was Not Prepared – Now What?

Burr Forman

It is hard to find a news post without a story on a ransomware attack. The National Security Council has issued an open letter warning all businesses to be alert and prepared for ransomware attacks. Various industry groups have issued multiple alerts with tips specific to businesses in their field. Unfortunately, it often takes getting hit by a ransomware attack to accept the idea that all businesses are potential victims of ransomware attacks.

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Colo. Appeals Court Fines Hospital For Collecting From Injured Worker

Account Recovery

A state Appeals Court in Colorado has found that a healthcare provider violated state law when it attempted to collect unpaid bills from an individual who was hurt on the job — even though the employer did not have worker’s compensation insurance — but ruled that the penalties for such a violation should not be … The post Colo.

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How Much Do You Tip Hotel Housekeeping?

Nerd Wallet

When planning a trip, travelers tally up all the major expenses — plane tickets, rental car, hotel, dining. But there’s one expense some vacationers overlook: tipping hotel housekeepers. Unlike a restaurant server or the hotel parking valet, where face-to-face interaction between guests and the staff prompts a tip for a service, hotel housekeepers usually work.

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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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That’s a Brunner, Man. Supreme Court Declines to Revisit Overly Rigid Standard for Discharge of Student Loans in Bankruptcy 

PBWT

On Monday, the United States Supreme Court denied Thelma McCoy’s petition for a writ of certiorari to the United States Court of Appeals for the Fifth Circuit, passing up a golden opportunity to bring uniformity to the “important and recurring question” of how to determine the sort of “undue hardship” that qualifies a debtor for a discharge of student loans under 11 U.S.C. § 523(a)(8). [1] The Bankruptcy Code generally excludes student loan debt from the genera

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Here’s How to Get Free Money for Your Business

Nerd Wallet

Grants have helped many businesses affected by the pandemic. Between the federal government, state programs and private organizations, small-business owners have received billions in funding they won’t need to repay. This aid may dry up as the country shifts from relief to recovery. “I think we are coming toward the end of this type of. Ryan Lane writes for NerdWallet.

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The First (Hopefully, Of Many!) State Baby Bonds Program

Prosperity Now

Prosperity Now is thrilled that Connecticut is leading the nation as the first to implement a state-level Baby Bonds program

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How to Buy a Foreclosed Home

Nerd Wallet

The process for buying a foreclosed home varies depending on the current owner and how the house is being sold. These variables can also impact the price you pay when buying a foreclosed home. If a home is in pre-foreclosure, the homeowner may try for a short sale. Properties that have been foreclosed on generally. Kate Wood writes for NerdWallet. Email: kwood@nerdwallet.com.

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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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Be prepared: Government support will not be there forever – A guest blog by Graydon

CICM

2020 will show up in the history books as a year with a record low in bankruptcies. Due to the pandemic, the financial uncertainty it caused, and the huge impact of government support, that might seem somewhat unbelievable. But what is not happening already, is in this case definitely going to come. The question is not whether government support will end, the question is when it will.

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AccuPOS Review 2021: Pricing, Features, Top Alternatives

Nerd Wallet

AccuPOS brands itself as the first POS system designed specifically to integrate with your accounting software (AccuPOS debuted in 1997). AccuPOS is also a full-fledged POS system that runs on a variety of different devices and is compatible with a range of business types. However, if these features don’t appeal to you, explore the market a bit more for.

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Clearer skies on the horizon – A guest blog by Esker

CICM

As signs of an economic recovery emerge, how can companies now prepare to respond to changes? The turbulent last year and constant negative news cycles have reminded me of the old joke about the optimist and the pessimist. The pessimist says ‘surely it can’t get any worse than this’ and the optimist replies ‘oh yes it can’ ! It seems recently that every little bit of optimism has been quickly followed by a setback.

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High-Risk Merchant Account and Credit Card Processing: What You Need to Know

Nerd Wallet

A high-risk merchant account is a merchant account given to a business that the payment processor deems to be at greater risk of fraud and chargebacks. Payment processors make that determination based on factors such as the nature of the business, its financial history and its location. If you’re saddled with a high-risk merchant account. Matthew Speiser writes for NerdWallet.

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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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Colorado District Court Holds Retroactive Application of Supreme Court’s TCPA Severance Violates Ex Post Facto Clause and Due Process

Troutman Sanders

Joining the growing ranks of numerous district court opinions analyzing the effect of the Supreme Court’s 2020 severance of the Telephone Consumer Protection Act’s (TCPA) government-debt exception, a district court in Colorado has reasoned that the severance operates retroactively, while also recognizing the severe constitutional problems raised by that conclusion.

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New Bilt Mastercard: Earn Rewards on Rent, Minus the Pesky Processing Fees

Nerd Wallet

Millions of people in the U.S. spend roughly 30% of their income on rent. But since credit cards aren’t always accepted as a method of paying rent — or you might be charged a processing fee for doing so — it’s not easy to earn rewards on those monthly payments. The new $0-annual-fee Bilt Mastercard. Erin Hurd writes for NerdWallet. Email: ehurd@nerdwallet.com.

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Spin Cycle: How Quickly Do Your Cases Move?

NCBA Law Practice Management Blog

Lawyers look for revenue in all types of places. Sometimes they try to reduce overhead. Sometimes they try to generate more leads. Sometimes they try to convert more leads. Sometimes they try to throw more money at the problem. Sometimes they try to throw less money at the problem. If most of those solutions haven’t worked – keep reading. O ne place you can find lost revenue is by focusing on your current clients.

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Hiring Contract vs. Full-Time Workers: Which Is Better for Your Business?

Nerd Wallet

Putting together the right team when you’re starting and growing a small business can be a daunting task—it involves trust, time, and intuition. If you’ve been considering the possibility of using contract vs. full-time workers to take on some of your projects, the decision might be lucrative—but you’ll have to figure out if it’ll actually. Meredith Turits 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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The Price Walking Dead: FCA Reforms Don’t Need to Be Deadly

Fico Collections

OK, it’s a tenuous link to zombie series The Walking Dead , but so-called “price walking” may become the stuff of folklore as new FCA rules are due to kick in and remove the practice from the UK general insurance market. Anyone in the UK who has taken out General Insurance policies knows the drill pretty well by now. You use comparison sites or brokers to compare a range of policies, navigate through a load of data capture and finally click through to purchase a level of cover at a price that gr

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What Is a Signature Loan?

Nerd Wallet

A signature loan is a fixed-rate, unsecured personal loan offered by an online lender, bank or credit union. It’s called a signature loan because it’s secured by your signature instead of collateral, like a car or an investment account. Getting approved for a signature loan will likely depend on your creditworthiness. The best way to. Jackie Veling writes for NerdWallet.

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Michigan Court of Appeals Rules in Favor of Newspaper’s Right to Disclosure of a Document Under Freedom of Information Act (FOIA)

Fraser

In a precedent-setting case, a three-judge panel sided with a newspaper and journalists in their bid for a public body to disclose documents in a closed-session meeting. The Traverse City Area Public Schools Board of Education (TCAPS) couldn’t depend on a potential loophole in the OMA to shield information from FOIA requests. This case, at its crux, involves the intersection between the FOIA and OMA.

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Amazon Prime Rewards Visa Earns 6% Back on Prime Day [Ending Soon]

Nerd Wallet

Amazon loyalists can score even more savings on Prime Day with exclusive offers on the Amazon Prime Rewards Visa Signature Card. As a cardholder, you can unbox value-friendly offers during the two-day event between June 21 and June 22 of 2021. Cardholders of the Amazon Prime Rewards Visa Signature Card will earn an additional 1% back during. Melissa Lambarena writes for NerdWallet.

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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.