Wed.Feb 09, 2022

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Creditor Settles with Georgia AG Over Alleged Illegal Collection Practices

Account Recovery

The Attorney General of Georgia yesterday announced a settlement with a creditor accused of engaging in deceptive sales and marketing tactics while also allegedly violating the Fair Debt Collection Practices Act that will see the company pay nearly $150,000 in fines while also agreeing to make significant changes to its business operations. Rent-A-Center — which … The post Creditor Settles with Georgia AG Over Alleged Illegal Collection Practices appeared first on AccountsRecovery.ne

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Best reasons to use a Debt Collection Agency in 2022

UK debt collections

Whilst the UK struggles to recover from the pandemic , its never been a better time for Businesses to use a Debt Collection Agency. Debt Collection Agencies do not just act for Businesses, there are many Debt Collection Agencies for individuals also. It is said that there was a 6% rise in Corporate debt due to the pandemic and thousands of Small Businesses in the UK have been left with a tide of unpaid invoices.

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Positive Vibes Taking Center Stage at RMAI’s Annual Conference

Account Recovery

LAS VEGAS — While there is just about every reason for the accounts receivable management industry to look at the glass as half-empty, nearly all of the large list of attendees at Receivables Management Association International’s 25th Annual Conference is choosing to look at the glass as half-full, thankful for the opportunities that are still … The post Positive Vibes Taking Center Stage at RMAI’s Annual Conference appeared first on AccountsRecovery.net.

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Building Credit During Chapter 13 Bankruptcy

Sawin & Shea

Filing for chapter 13 bankruptcy can seem like a daunting task, but it’s often the right move for those who are facing foreclosure, repossession, or have exorbitant debts. If you’re thinking of filing for chapter 13 bankruptcy, you may have questions regarding how it will impact your credit score. In this blog, we discuss how chapter 13 bankruptcy affects your score, how long you can expect bankruptcy to remain on your credit report, and we share invaluable tips for building credit when you file

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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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Pa. Judge Denies Motion for Judgment on Pleadings in Hunstein Copycat Case

Account Recovery

When it comes to the Hunstein case, the industry made two steps forward with the Eleventh Circuit Court of Appeals in finally getting the Court to agree to rehear the case, only to have a judge in the Eastern District of Pennsylvania make everyone take one giant step backward yesterday after denying a defendant’s motion … The post Pa. Judge Denies Motion for Judgment on Pleadings in Hunstein Copycat Case appeared first on AccountsRecovery.net.

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23 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 23 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

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Online Invoicing: How It Works, Pros and Cons

Nerd Wallet

Online invoicing lets businesses email invoices with built-in payment options directly to customers. Compared with paper invoices or emailed PDFs, online invoices are easier to track and help companies get paid more quickly. While you’ll need to get set up with software that supports online invoicing, switching to a digital solution is usually easy.

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Daily Digest – February 9. Pa. Judge Denies Motion for Judgment in Hunstein Copycat Case; Positive Vibes Take Center Stage at RMAI’s Annual Conference

Account Recovery

PA. JUDGE DENIES MOTION FOR JUDGMENT ON PLEADINGS IN HUNSTEIN CASE When it comes to the Hunstein case, the industry made two steps forward with the Eleventh Circuit Court of Appeals in finally getting the Court to agree to rehear the case, only to have a judge in the Eastern District of Pennsylvania make everyone … The post Daily Digest – February 9.

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Credit Cards Charge Ahead With Rewards for Driving Electric

Nerd Wallet

Electric vehicles have a ways to go before they’re as ubiquitous as their gas-powered counterparts. EVs made up a mere 2% of new U.S. car sales in 2020, according to the International Energy Agency’s 2021 Global EV Outlook. But thanks to financial incentives for buyers, as well as automaker investments and government funding for electric-vehicle infrastructure, Sara Rathner writes for NerdWallet.

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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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Find Your Repurpose: How to Effectively Leverage Your Content

NCBA Law Practice Management Blog

If it’s nice, do it twice. Or, three or four times, for that matter. Most attorneys I talk to feel like they need to choose between content types for their marketing. For example, some lawyers tell me: I need to start a blog, or I should really do a series of videos. But, why not do both? Okay, let’s take an example: If you want to start a blog, why not do a series of short videos addressing common client questions, and transcribe those -- voila: you’ve got blog posts!

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When a Multicurrency Account Might Be Right for You

Nerd Wallet

The minute you use your U.S. debit card or bank account abroad, your wallet may feel the impact. You may incur foreign transaction and ATM fees. Or your bank may decline debit card purchases if it doesn’t know you’re traveling. If you live or have close connections outside the U.S., you might need a more. Spencer Tierney writes for NerdWallet. Email: spencer.tierney@nerdwallet.com.

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ELO and FICO Partner to Bring Reduction in Transaction Fraud

Fico Collections

The payments market in Brazil is undergoing radical change as the country moves from a traditionally cash-based society to new flexible payment products and services. This shift has created significant opportunities for local banks, however with this growth comes the inevitable threat of increased fraud, exacerbated by the Covid pandemic and the explosion in ecommerce and card-not-present fraud.

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Nationwide Pet Insurance Review 2022

Nerd Wallet

Nationwide is one of the oldest and largest pet insurance companies in the U.S., covering more than a million pets. Unlike most pet insurers, Nationwide sells policies for dozens of different species, not just cats and dogs — so owners of parrots, rabbits and potbellied pigs can get coverage, too. Nationwide has two plans to. Sarah Schlichter writes for NerdWallet.

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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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New report on adverse impact of forced arbitration on historically marginalized communities

Public Citizen

The Center for Progressive Reform has issued a report titled "Private Courts, Biased Outcomes: The Adverse Impact of Forced Arbitration on People of Color, Women, Low-Income Americans, and Nursing Home Residents." Read the summary and access the report here.

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Should You Get Travel Insurance for Your Spring Break Trip?

Nerd Wallet

Winter is thawing, midterms are on the horizon and beach travel deals are populating every other post on your social feeds. This can only mean one thing — spring break is coming. Amid the daydreams of sun and relaxation, ski hills and hot tubs, or community service trips, college and graduate students might be weighing. Elina Geller writes for NerdWallet.

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The U.S. is One Step Closer to a Digital Dollar

NACM

The Federal Reserve has been working to develop a U.S. version of a central bank digital currency (CBDC) that could be used in place of the paper dollar. The Boston Fed and the Massachusetts Institute of Technology (MIT) released the initial findings from research on a U.S. digital dollar last week.According to the report, the CBDC designed by the.

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What Is Omnichannel Commerce?

Nerd Wallet

Omnichannel commerce is an approach for delivering a consistent experience across multiple in-person locations and online channels. Implementing this idea has become more complicated over time as customers shop in more and more places. However, a business can achieve omnichannel success — finding new customers and turning them into repeat shoppers — with a sound.

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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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Self-Checkouts: Pros, Cons and How Businesses Can Use Them

Nerd Wallet

Self-checkouts can take many forms, from grocery store kiosks to QR codes at restaurants. Including self-checkout hardware or software as part of your business operations gives customers the option to order and pay for their items without having to interact with an employee. Self-service point-of-sale systems can be essential for some businesses but inconvenient for.

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Ask a Travel Nerd: To Save Big, Book Hotels With Points

Nerd Wallet

Would you rather have free flights or free hotel rooms for the rest of your life? As someone who spends a lot of time crisscrossing the U.S. with family and friends, my first instinct is to say flights. I rarely spend more than a few nights per year in a hotel, because I’m usually crashing. Meghan Coyle writes for NerdWallet. Email: mcoyle@nerdwallet.com.

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4 Ways to Save Money on Bachelor or Bachelorette Parties

Nerd Wallet

Let’s be honest — there’s nothing quite as exciting as the freedom of a bachelor or bachelorette party. Whether you’re heading out for a single night or skipping town on a multiday adventure, these parties can be as thrilling as they are costly. And they’re not getting any cheaper. According to a 2021 study by wedding. Carissa Rawson writes for NerdWallet.

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