Account Recovery

MAY 13, 2022

PANEL ASSESSES IMPACT OF INFLATION AND RECESSION ON ARM INDUSTRY There’s beauty in finding connections that you didn’t know existed. There is the chaos theory analogy, for example, of a butterfly flapping its wings in Central Park, which is why it starts raining across the world in China. You never know the domino effect that … The post Daily Digest – May 13.

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Collections 246

Enterprise Recovery

MAY 13, 2022

Commercial credit analysis evaluates corporations to determine if they can pay their financial obligations. Although this is pre-engagement and on the front end of the A/R and collection process, it’s still an important part of any B2B accounting process. To help reduce delinquencies and bad debt write-offs, businesses should put focus on the front-end credit analysis process prior to contracting with a new client.

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Collections 194

Account Recovery

MAY 13, 2022

A collection agency’s involvement in a federal pay-to-play scandal has cost it an additional $25,000 after entering into a consent order with the Massachusetts Division of Banks. Penn Credit will pay the administrative penalty after notifying the regulator that its Chief Executive, Don Donagher, had pleaded guilty to felony charges of corruptly giving something of … The post Mass.

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Banks Collection Agencies Collections Agency Collections 246

Public Citizen

MAY 13, 2022

by Paul Alan Levy. The effort by the Watch Tower Bible and Tract Society (a/k/a Jehovah’s Witnesses) to identify a dissident member, "Kevin McFree ," through a spurious claim of copyright infringement has ended with a whimper rather than a bang as Watch Tower agreed to dismiss its copyright lawsuit with prejudice to avoid a possible claim for attorney fees.

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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

MAY 13, 2022

A company that bills itself as a negotiating service between consumers and banks and credit card companies has raised $12 million in Series A funding to fix the problem of paying bills, a process that the company says is “fundamentally broken” in the United States. The company, called Cushion, “reimagines the bill payment experience as … The post Bill Pay Fintech Raises $12M to Expand Operation appeared first on AccountsRecovery.net.

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Banks 246

Account Recovery

MAY 13, 2022

There’s beauty in finding connections that you didn’t know existed. There is the chaos theory analogy, for example, of a butterfly flapping its wings in Central Park, which is why it starts raining across the world in China. You never know the domino effect that one change can have as it cascades and ripples through … The post Panel Assesses Impact of Inflation and Recession on ARM Industry appeared first on AccountsRecovery.net.

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Nerd Wallet

MAY 13, 2022

Comparison shopping is crucial if you want to save money on car insurance. Here’s why: Insurers look at similar factors, but they have their own “secret sauce” when it comes to setting rates. So two companies can charge wildly different rates for the same driver. How to compare car insurance quotes First of all, every. Kayda Norman writes for NerdWallet.

Auto Insurance 86

Auto Insurance 86

Account Recovery

MAY 13, 2022

The Court of Appeals for the District of Columbia has reversed a lower court’s ruling dismissing a Maryland Consumer Debt Collection Act case, determining that an employee of the defendant should continue as a named defendant in the case, and that the defendant should not have continued to contact the plaintiff directly after being notified … The post Appeals Court Overturns Dismissal of Collection Suit, and Dismissal of Collector as Named Defendant appeared first on AccountsRecovery

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Collections 244

Nerd Wallet

MAY 13, 2022

When you take to the skies one of the most important things when it comes to preparing for your flight is knowing where you’ll be seated on the airplane. Like most other airlines, United gives its guests assigned seating on its flights. The majority of customers can select from a variety of seats for free, Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com.

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Collections

NACM

MAY 13, 2022

Grab a cup of coffee and start your morning by listening to the latest episode of NACM's Extra Credit #podcast! ?? ??Episode #7 (buzzsprout.com)This week we chatted about.1. The biggest challenges facing the U.S. economy today2. How industry credit groups compare to other information sources3. Turning risk into opportunities for growthWhat topics w.

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Nerd Wallet

MAY 13, 2022

My family didn’t travel much when I was a kid, but when we did, my parents jumped through hoops to cut costs. On a trip to Disney World, for example, our family of six switched hotels. Every. Night. My mom worked for a hotel chain and could get one free night per property. Did my. Kelsey Sheehy writes for NerdWallet. Email: ksheehy@nerdwallet.com. Twitter: @KelseyLSheehy.

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Nerd Wallet

MAY 13, 2022

Online businesses need a payment gateway, a portal where customers can securely enter their payment information to process transactions on their websites. White-label payment gateways, unlike traditional gateways, let businesses customize the online checkout process with their own names, logos and brand components without having to create their own systems from scratch.

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Nerd Wallet

MAY 13, 2022

Personal guarantees and collateral are both ways of promising a lender that you’ll make good on your debt. You may have to offer both to get an SBA loan. Collateral ties a loan to a specific asset, like your business’s inventory or your home, which the lender can seize if your business can’t repay the. Rosalie Murphy writes for NerdWallet. Email: rmurphy@nerdwallet.com.

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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

Nerd Wallet

MAY 13, 2022

Comparison shopping is crucial if you want to save money on car insurance. Here’s why: Insurers look at similar factors, but they have their own “secret sauce” when it comes to setting rates. So two companies can charge wildly different rates for the same driver. How to compare car insurance quotes First of all, every. Kayda Norman writes for NerdWallet.

Auto Insurance 73

Auto Insurance 73

Nerd Wallet

MAY 13, 2022

Renting a car, whether you’re traveling across the state, continent or world, is often an essential part of the travel experience. But procuring insurance for that rental car (and knowing what that insurance covers) can be a bit hazy. Should you opt in to the rental company’s coverage at the counter? Does your personal car. Alisha McDarris writes for NerdWallet.

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Nerd Wallet

MAY 13, 2022

Factoring companies for trucking, also called freight factoring companies, give trucking companies cash in exchange for outstanding invoices. They can be helpful to trucking companies that need working capital quickly or don’t have the staff to manage invoicing and collections, but be cautious about potentially unclear costs and contracts. Here are our picks for freight.

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Nerd Wallet

MAY 13, 2022

Comparison shopping is crucial if you want to save money on car insurance. Here’s why: Insurers look at similar factors, but they have their own “secret sauce” when it comes to setting rates. So two companies can charge wildly different rates for the same driver. How to compare car insurance quotes First of all, every. Kayda Norman writes for NerdWallet.

Auto Insurance 68

Auto Insurance 68

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Collections

Nerd Wallet

MAY 13, 2022

When payments resume on federal student loans, borrowers with loans previously in default will receive a fresh start and be allowed to reenter repayment in good standing. But what does that entail for borrowers in default? And how does the U.S. Department of Education plan to support borrowers to prevent them from defaulting again? Few. Anna Helhoski writes for NerdWallet.

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Student loans Student Loans Loans Education 68

Nerd Wallet

MAY 13, 2022

Many of the same SBA loans are available to both self-employed people and more formally structured businesses, such as limited liability companies and corporations. However, self-employed individuals, like sole proprietors and independent contractors, might face a higher barrier to entry for having limited credit history, inconsistent revenue or no collateral.

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Nerd Wallet

MAY 13, 2022

When a payment processor freezes your account, everything stops: You can no longer process credit cards and or access settlement funds until the freeze is resolved. These disruptive freezes can be triggered by transaction patterns that appear suspicious, such as higher-than-average transaction amounts or frequent chargebacks. You can typically get these freezes resolved by providing.

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Nerd Wallet

MAY 13, 2022

Massachusetts has nearly 1.4 million Medicare beneficiaries. Just over 970,000 of those beneficiaries have Original Medicare (Part A and Part B). Massachusetts residents with Medicare Part A and Part B can purchase Medicare Supplement Insurance, or Medigap, to help cover certain out-of-pocket expenses like copays, coinsurance and deductibles left over after Medicare pays for covered.

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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.

Nerd Wallet

MAY 13, 2022

Nowadays, most bank, airline and hotel programs seem to offer an online shopping portal. Among the crowd, one online shopping portal stands out: Rakuten. Like many portals, Rakuten — formerly known as Ebates — offers members the ability to earn cash back when making online purchases. However, Rakuten offers one feature that no other shopping. JT Genter writes for NerdWallet.

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Banks 65

Nerd Wallet

MAY 13, 2022

Comparison shopping is crucial if you want to save money on car insurance. Here’s why: Insurers look at similar factors, but they have their own “secret sauce” when it comes to setting rates. So two companies can charge wildly different rates for the same driver. How to compare car insurance quotes First of all, every. Kayda Norman writes for NerdWallet.

Auto Insurance 45

Auto Insurance 45