Account Recovery

MAY 11, 2021

ST. GEORGE, Utah – May 11, 2021 – TCN, Inc., a global provider of a comprehensive cloud-based call center platform for enterprises, contact centers, BPOs and collection agencies, today announced the launch of TCN Operator, the next generation of its flagship platform. Built for the modern call center, TCN Operator features an intuitive interface and a comprehensive … The post TCN Launches TCN Operator, Its Next-Generation Call Center Platform with a Comprehensive Suite of Automated Agent T

Collection Agencies 246

Collection Agencies Collections Agency Collections 246

Nerd Wallet

MAY 11, 2021

In case you had any doubts about it, the U.S. has officially entered a recession since the COVID-19 outbreak. True, it may seem like the economy has shuttered entirely, but the reality is that not every business is doomed to fail right now. Quite the contrary: Some businesses, like the recession-proof business ideas listed ahead, Sally Lauckner writes for NerdWallet.

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Account Recovery

MAY 11, 2021

First Financial Asset Management (FFAM360) was grateful for the recent opportunity to contribute to the Colin Woodyshek Technology Program and is pleased to celebrate that the fundraiser’s goals have been achieved. This success means young adults on the Autism Spectrum will have access to needed technology equipment, software, and tools for improved communication and increased … The post FFAM360 Supports Colin Woodyshek Technology Program in Contribution to Palm Beach School for Autism app

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Troutman Sanders

MAY 11, 2021

The Department of Financial Protection and Innovation (DFPI) of California entered a settlement agreement with Chime Financial, Inc. (Chime), a neobank company that is not licensed to operate as a bank or otherwise exempt from licensure, but works with banking partners to issue consumer banking products. The DFPI found that Chime potentially violated California Financial Code Sections 561 and 563 by (1) using the website “chimebank.com” and (2) using the words “bank” and

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Banks 98

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

MAY 11, 2021

A medical devices company in Massachusetts has caught the attention of the state’s attorney general for filing more than 12,000 debt collection lawsuits during the past 10 years, most of them in the same court, forcing some individuals to travel up to 250 miles to defend themselves in the suits, according to a published media … The post Mass.

Collections 221

Collections 221

Account Recovery

MAY 11, 2021

Repay Holdings Corp., a payment processing company, announced yesterday that it is purchasing BillingTree, another payment processing company, for $503 million in cash and stock. Repay is looking to leverage BillingTree’s technology and presence in a number of verticals, including the accounts receivable management space, to help fuel the company’s continued growth.

Accounts Receivables Management 162

Accounts Receivables Management 162

Nerd Wallet

MAY 11, 2021

Maybe you’re looking to witness firsthand one of the biggest rivalries in football between the University of Michigan and Ohio State Buckeyes. Or maybe you’re thinking of taking in the North American International Car Show or exploring the Great Lakes. No matter your plans, the Motor City has a lot to offer if you know. Dustin Waller writes for NerdWallet.

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Account Recovery

MAY 11, 2021

A District Court judge in Florida has denied a defendant’s motion for summary judgment and granted a plaintiff’s motion for summary judgment as to liability only, in a Fair Credit Reporting Act case in which the defendant reported debts belonging to the plaintiff, when in fact they belonged to his 83-year-old father, ruling that the … The post Judge Denies MSJ For Defendant in FCRA Case Over Dispute Investigation Process appeared first on AccountsRecovery.net.

Judgment 147

Judgment 147

Nerd Wallet

MAY 11, 2021

What a tax attorney does A tax attorney is a lawyer who specializes in tax law. Tax attorneys help people arrange their finances to optimize their tax situations, comply with tax rules and handle disputes with the IRS or other tax authorities. Some specialize in areas such as estate, international or business taxes. Tax attorneys. Tina Orem writes for NerdWallet.

Lawyers 62

Lawyers 62

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Collections

Account Recovery

MAY 11, 2021

The Consumer Financial Protection Bureau has denied a petition from an auto title lender to modify or set aside a civil investigative demand looking into the company’s debt collection practices, among other areas of the business, as well as denied a petition for confidential treatment of the inquiry. A copy of the ruling, which is … The post CFPB Denies Petition From Title Lender That Argued CID Was Too Broad appeared first on AccountsRecovery.net.

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Lender Collections 147

Nerd Wallet

MAY 11, 2021

On the surface, importing bank transactions into QuickBooks Online seems easy. For many users, it’s as simple as signing into your bank or credit card accounts through QuickBooks Online. But sometimes limitations and challenges can arise when importing transactions into QuickBooks Online. To help you get the most from your business accounting software, this article.

Banks 58

Banks 58

Account Recovery

MAY 11, 2021

JUDGE DENIES MSJ FOR DEFENDANT IN FCRA CASE OVER DISPUTE INVESTIGATION PROCESS A District Court judge in Florida has denied a defendant’s motion for summary judgment and granted a plaintiff’s motion for summary judgment as to liability only, in a Fair Credit Reporting Act case in which the defendant reported debts belonging to the plaintiff, … The post Daily Digest – May 11.

Judgment 162

Judgment 162

Nerd Wallet

MAY 11, 2021

Whether you’re a wedding professional, real estate investor, or simply an entrepreneur interested in the wedding industry, starting a wedding venue can be a big business opportunity. But it’s also a big commitment. Learning how to start a wedding venue means you’ll have to be undeterred by the idea of navigating zoning committees, renovation costs, Randa Kriss writes for NerdWallet.

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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

Fico Collections

MAY 11, 2021

Credit risk industry veterans who managed consumer loan portfolios through the Great Recession can recall the challenge of responding to swiftly changing borrower payment behavior and the resulting delinquency and default rate volatility during that time. Unable to pinpoint the sources of rapidly growing credit losses, lenders broadly and dramatically restricted access to credit by reducing new account originations, cutting unutilized exposure, and intensifying collections practices, often to th

Lender 52

Lender Acquisition Loans Collections 52

Nerd Wallet

MAY 11, 2021

These days, more and more people are discovering that their favorite way to exercise involves rope climbing, weight lifting, ball dodging, and kettlebell swinging. They’re not just muscle-builders training for a competition; these fitness aficionados are your neighbors, friends, and colleagues, who have joined millions of others in the CrossFit craze.

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Fico Collections

MAY 11, 2021

You might have a banking app on your phone. Your accounts are accessible in real-time, from any smart device. You can check balances, transfer funds and it’s all digitized for your hand-held convenience, anytime. Is this digital decisioning? No. Your CRM has a sophisticated dashboard with detailed customer metrics, maybe even a few predictive insights useful for marketing and sales programs.

Banks 52

Banks 52

Roths Child Law

MAY 11, 2021

When debt becomes overwhelming, each of your paychecks becomes crucial. You may not have a penny to waste if you want to stay on top of all of your bills. In fact, you may fall behind even though you do your best to make payments to every creditor every month. . If you are like many Americans, you probably financed the purchase of your car, just like any other expensive transaction.

Repossession 52

Repossession Lender Collateral Bankruptcy 52

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Collections

Fico Collections

MAY 11, 2021

Credit risk industry veterans who managed consumer loan portfolios through the Great Recession can recall the challenge of responding to swiftly changing borrower payment behavior and the resulting delinquency and default rate volatility during that time. Unable to pinpoint the sources of rapidly growing credit losses, lenders broadly and dramatically restricted access to credit by reducing new account originations, cutting unutilized exposure, and intensifying collections practices, often to th

Lender 52

Lender Acquisition Loans Collections 52

NCBA Law Practice Management Blog

MAY 11, 2021

The stats on law firm intake are pretty damning. 64% of voicemails left for law firms by leads are never returned. Only 1 in 3 phone calls for law firms are picked up live. It takes an average of 8 emails to schedule an appointment with a law firm. Those aren’t the sort of numbers you want to see in an economy driven by consumer convenience. And, while lawyers often worry about revenue (it’s the #1 concern for law firm managers), they often view revenue through the lens of work in progress, and

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Law Firms Lawyers Creditors 52

Fico Collections

MAY 11, 2021

Automating Automotive Leases. AMAG Leasing AG, the largest B2B and B2C captive car leasing company in Switzerland, has used the FICO® Platform to improve its credit-granting process. With more than 150,000 leasing contracts under management, AMAG Leasing AG has been able to automate large parts of the decision-making procedure involved in striking new leases so that the company will be able to handle 50 percent more applications with the same workforce, thanks to the power of FICO® Decision Mode

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Retrieval Credit Management 52

Nerd Wallet

MAY 11, 2021

If you regularly order food delivery from local restaurants, you may be wondering if a monthly subscription like Grubhub+ is worth it. For some, the monthly subscription cost could be cheaper than what they’d pay in typical delivery fees over the course of a month. With so many competing food delivery services available, let’s take. Keith M. Rosso writes for NerdWallet.

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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.

Roths Child Law

MAY 11, 2021

When debt becomes overwhelming, each of your paychecks becomes crucial. You may not have a penny to waste if you want to stay on top of all of your bills. In fact, you may fall behind even though you do your best to make payments to every creditor every month. . If you are like many Americans, you probably financed the purchase of your car, just like any other expensive transaction.

Repossession 40

Repossession Lender Collateral Bankruptcy 40

Nerd Wallet

MAY 11, 2021

When it comes to caring for its passengers, Delta Air Lines and Alaska Airlines consistently get high marks. Case and point, Delta and Alaska ranked No. 1 and No. 2 respectively on NerdWallet’s best airlines to fly during COVID-19. As travel resumes, you might want to prioritize flying these customer-friendly airlines. If so, you may. JT Genter writes for NerdWallet.

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Collection Industry News

MAY 11, 2021

Source: site. The Eleventh Circuit’s far-reaching decision in Hunstein v. Preferred Collection and Management Services, Inc. — which we previously covered on this blog — continues to raise questions for the wide range of industries that fall within the FDCPA’s definition of “debt collectors.” To put it briefly, the Eleventh Circuit held that a debt collector violates the FDCPA when it communicates with any third party — including a vendor or other party assisting with the collection or serv

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Collections Debt collector Government Loans 40

Nerd Wallet

MAY 11, 2021

With dozens of options available on the market, you may be wondering how to choose the right accounting system for your medium-sized business. This guide will break down and compare the best accounting software for medium-sized businesses — detailing their features, pricing, pros and cons, so that you have all the information you need to make your. Billie Anne Grigg writes for NerdWallet.

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