Wed.Sep 02, 2020

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Find a solution in every problem

American Profit Recovery

By: Pocholo Alvarez . As I come closer to my two-year anniversary here at American Profit Recovery, I can’t think of all the changes that happened ever since I walked in through the front door. Just like the majority of the world, I had a bad interpretation of what a debt collector is. After spending even the first few days in the company, I realized that the people that I work with really do care about helping our clients and consumers.

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California Legislature Passes Collector Licensing Law

Account Recovery

The California state legislature on Monday became the 35th state to require debt collectors to obtain licenses in order to operate, passing a measure that also establishes baseline practices that will be prohibited, should Gov. Gavin Newsom sign the bill into law. Should the bill be signed into law — Gov. Newsom has 30 days … The post California Legislature Passes Collector Licensing Law appeared first on AccountsRecovery.net.

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Between Two FinTechs with Hunter Walk

True Accord

In our second installment of “Between Two FinTechs,” an interview series with leaders in financial technology, we have Hunter Walk , co-founder and partner of seed stage venture fund Homebrew. Previously at YouTube and Google, Hunter uses his startup and scaling expertise to help founders articulate their product/market fit, recruit stellar teams and build well-defined cultures.

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CFPB to Subject Research to Peer Review; Starts With Time-Barred Disclosures

Account Recovery

Looking to hold itself accountable for the decisions that are made based on the research it conducts, the Consumer Financial Protection Bureau has announced it will have some of its research reviewed by the Bureau’s Academic Research Council, an external panel of researchers with experience in consumer finance. What is the first piece of research … The post CFPB to Subject Research to Peer Review; Starts With Time-Barred Disclosures appeared first on AccountsRecovery.net.

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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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How First-Home Shoppers Can Keep a Cool Head in a Hot Market

Nerd Wallet

Shopping for your first house is stressful enough, but when you’re finally ready to be a homeowner and the pickings are slim, the process can become a roller-coaster ride of hope and fear. “Buyers walk in a home and say, ‘This is it!’ Then, they see all the business cards [from other agents] on the. Barbara Marquand is a writer at NerdWallet. Email: bmarquand@nerdwallet.com.

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New Ways to Get More for Your Old Car

Nerd Wallet

These days, you can sit on your couch and get a pretty accurate answer to the age-old question: “What’s my trade-in worth?” As online used car retailers streamline the buying process, they’re creating more convenient ways to handle car-buying’s Achilles’ heel, the trade-in. And, with the current used car shortage caused by the pandemic, you. Philip Reed is a writer at NerdWallet.

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Daily Digest – September 2. Calif. Legislature Passes Licensing Law; CFPB Warns Court About Ratification Implications

Account Recovery

CALIFORNIA LEGISLATURE PASSES COLLECTOR LICENSING LAW The California state legislature on Monday became the 35th state to require debt collectors to obtain licenses in order to operate, passing a measure that also establishes baseline practices that will be prohibited, should Gov. Gavin Newsom sign the bill into law. CFPB WARNS 9th CIRCUIT WHAT COULD HAPPEN … The post Daily Digest – September 2.

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Is the Capital One VentureOne Rewards Credit Card Worth Getting?

Nerd Wallet

The no annual fee Capital One® VentureOne® Rewards Credit Card is designed for travelers looking for flexible travel rewards — an alternative to credit cards that reward users in the currency of a specific airline or hotel group. The miles you earn through everyday spending on the card can be redeemed for flights, hotels and. June Casagrande is a writer at NerdWallet.

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Relief For Employees With Approved Employment Authorization

Burr Forman

COVID-19 has affected nearly all areas of immigration, including the speed at which the United States Citizenship and Immigration Services (“USCIS”) is able to produce the Employment Authorization Document (“EAD card”). Thousands of foreign nationals must typically have the EAD card “in hand” to begin or continue lawful employment. In a settlement reached last month ( Subramanya v.

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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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Breaking BAD | A day in the life of an Onguard Collections Agent

On Guard

Breaking BAD | Big Aged Debt. A day in the life of an Onguard Collections Agent. According to the CICM, the most important report for any credit manager is the Aged Debt report. The bigger and older the debt the bigger the risk. Two companies may have the same past-due % but if Company A is all in 1-30 and company B is all in 90-120 then clearly Company B has a worse position than Company A.

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How to Maximize the Capital One Venture Rewards Credit Card

Nerd Wallet

The Capital One® Venture® Rewards Credit Card makes earning miles easy with its simplified rewards structure. Unlike travel rewards cards that feature tiered programs or spending caps, this card allows you to earn unlimited 2 miles for every $1 spent on purchases. The annual fee is $95. That makes earning miles hassle-free, whether you’re spending. Rebecca Lake is a writer at NerdWallet.

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Onguard announces Tim Blok as new CTO

On Guard

Onguard announces Tim Blok as new CTO. Amsterdam – Onguard, the FinTech company dedicated to redefining the order-to-cash payment process, has announced the appointment of Tim Blok as the company’s new chief technology officer (CTO) as of September 1st. In his new position, Blok will be focused on the platform’s future innovation, drawing on his technical expertise, experience at the company and his ability to translate the needs of the market into technology.

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How to Maximize the Marriott Bonvoy Boundless Card

Nerd Wallet

Whether you’re planning domestic travel or an international excursion, having a reserve of Marriott Bonvoy points can help you save money on hotel stays. Marriott has 30 brands and more than 7,800 hotels around the world, which means you have lots of choices when the time comes to redeem points for award stays. Plus, Marriott. Keith M. Rosso is a writer at 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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Creating a User-Friendly Payment Experience

Payment Savvy

Many things attract people to a business. The quality of products or services offered, the customer service experience, location, and even the checkout/payment process are all factors drawing customers. Unfortunately, payment processing isn’t always the first thing entrepreneurs think about when setting up operations. Payments are an ever-evolving technology and having an advanced.

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Burr Launches Labor & Employment Podcast Series

Burr Forman

The Labor & Employment Podcast Series was developed from all the webinars and articles the L&E lawyers at Burr & Forman have created over the past few months. In Episode 1 , Bryance Metheny and Jim Gilliam give the listeners some useful information and practical ideas to consider when navigating the challenges that 2020 has created for us all.

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How To Remove Avante USA from Your Credit Report

Better Credit Blog

It can be all too easy to fall behind on payments. Whether you lose your job, get sick, or simply forget to pay a bill, missed payments can really hurt your credit score. If you’ve gotten a call from Avante USA or you’ve run across the name on your credit report, you’re probably wondering how to get the collections account removed. Before you pick up your phone or make a payment to Avante USA, take a few moments to read the pointers below.

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The Association of Fundraising Professionals’ of Alabama Recognize Burr & Forman as “Outstanding Corporate Citizen” for 2020

Burr Forman

Burr & Forman has been recognized in the Alabama Chapter’s Association of Fundraising Professionals (AFP) for the Outstanding Corporate Citizen Award category. AFP recognizes key contributors to the local nonprofit and philanthropic community. The firm was nominated by Girls Inc. of Central Alabama for the 2020 award. Award winners will be honored during a live-streamed event on November 13th.

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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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The Three Rs of Managing Credit Risk in Disrupted Times

Fico Collections

According to data from the International Work Organization, more than 200 million employees were removed from their workplaces due to COVID-19. Unfortunately, many of them will not be able to return to their workplaces after pandemic. According to global statistics, the ratio of state aid to GDP is 4.4 times larger than the one after the 2008 crisis.

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How Does a Debt Consolidation Program Work?

Titan Consulting

Key Takeaways. Debt consolidation might include a debt management repayment plan, credit card balance transfer, personal loan, or equity line of credit. The main strategy in any debt consolidation strategy involves replacing one debt with another debt, usually with a lower interest rate or monthly payment. Debt consolidation may not save you much money.