Wed.Jun 16, 2021

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FCC Announces Beta Test Period for Reassigned Number Database

Account Recovery

The Federal Communications Commission yesterday announced that its reassigned numbers database will be undergoing a beta test from July 1 through September 30 during which callers and caller agents may use the database without charge. The FCC has been working on the database — which is intended to be used by callers to determine if … The post FCC Announces Beta Test Period for Reassigned Number Database appeared first on AccountsRecovery.net.

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The 23 Most Profitable Businesses in 2021

Nerd Wallet

Some people venture into entrepreneurship knowing what industry they want to conquer and what type of business they want to start. However, for many new entrepreneurs, it can be difficult to figure out how to start a business and exactly what kind of business is the best choice. It’s tough to find that perfect idea. We’ve. Meredith Wood writes for NerdWallet.

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New Chair at FTC Means Chopra Likely Now on Way to CFPB

Account Recovery

It appears as though the last domino that needed to fall in order for Rohit Chopra to become the next director of the Consumer Financial Protection Bureau has fallen and all that is left is for the Senate to confirm him, a move that is expected to occur within the next month. Yesterday, the Senate … The post New Chair at FTC Means Chopra Likely Now on Way to CFPB appeared first on AccountsRecovery.net.

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Getting Approved for a Loan After Bankruptcy

Sawin & Shea

Many people assume that because they have filed bankruptcy, their credit is ruined, and they will not be able to qualify for any loans. This is not true. There are a number of steps you can take to improve your credit score and to make it likely that you can be approved for a loan. Chapter 7 bankruptcy: In this type of bankruptcy, your non-exempt assets (if any) have been liquidated to pay off a percentage of your debts.

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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 MSJ For Defense Over Pay-For-Delete Request From Plaintiff

Account Recovery

Even though he had been told otherwise, writing a note in the memo line of a check that a debt was being paid in exchange for deletion of a tradeline does not work, according to a District Court judge in New Jersey who granted a defendant’s motion for summary judgment in a Fair Debt Collection … The post Judge Grants MSJ For Defense Over Pay-For-Delete Request From Plaintiff appeared first on AccountsRecovery.net.

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Healthcare Provider Sells $278M in Debt to RIP Medical Debt

Account Recovery

A healthcare provider has agreed to sell $278 million in medical debt, affecting 82,000 patients, as part of an agreement with the charity RIP Medical Debt. This is the first time the charity has purchased debt directly from a healthcare provider. Ballad Health made the announcement yesterday. It operates 21 hospitals in Tennessee and Virginia. … The post Healthcare Provider Sells $278M in Debt to RIP Medical Debt appeared first on AccountsRecovery.net.

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AARP Medicare Advantage 2021 Review

Nerd Wallet

AARP aims to enrich the lives of people 50 and older, offering benefits like travel and restaurant discounts, and advice on health and retirement. The group also has partnered with UnitedHealthcare to offer Medicare Advantage Plans to people who are eligible for Medicare. AARP’s Medicare Advantage Plans are insured by UnitedHealthcare — the largest Medicare.

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Daily Digest – June 16. Bedard Breaks Down Validation Information; Judge Grants MSJ For Defense in Pay-For-Delete Request

Account Recovery

BEDARD BREAKS DOWN CATEGORIES OF VALIDATION INFORMATION Once Regulation F goes into effect, collectors are going to have to make substantial changes to the validation notices they are sending out to consumers. Whether collectors choose to use the rule’s Model Validation Notice or continue using their own format of collection letter, there are four categories … The post Daily Digest – June 16.

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Newtek Merchant Solutions Review 2021: Features, Pricing, Alternatives

Nerd Wallet

Newtek Merchant Solutions offers a variety of services for your small business, including POS tools — including a mobile reader — along with 24/7 customer support and additional services like a rewards program, all of which can make for an attractive package. Newtek Merchant Solutions has been in the industry long enough — and offers such. Nina Godlewski 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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Bedard Breaks Down Categories of Validation Information

Account Recovery

Once Regulation F — the Consumer Financial Protection Bureau’s Debt Collection Rule — goes into effect, collectors are going to have to make substantial changes to the validation notices they are sending out to consumers. Whether collectors choose to use the rule’s Model Validation Notice or continue using their own format of collection letter, there … The post Bedard Breaks Down Categories of Validation Information appeared first on AccountsRecovery.net.

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Payroll Deductions: The Ultimate Guide for Business Owners

Nerd Wallet

Payroll deductions are the specific amounts that you withhold from an employee’s paycheck each pay period. There are two types of deductions: voluntary deductions, like health insurance and 401(k) deductions, and mandatory deductions (those required by law), like federal income taxes and FICA taxes. Although you’ll withhold payroll deductions from each employee, the specific deductions.

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Tacoma Housing Authority is Making Changes to Increase Accessibility for Students and their Families

Prosperity Now

Tacoma Housing Authority ( THA) has always had a unique Children’s Savings Account (CSA) program model, which pairs tenant housing

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How a Single-Member LLC Works

Nerd Wallet

Forming your own company comes with many important decisions, like what type of business entity best suits your needs. If you’re the owner of your business and will not be sharing those ownership responsibilities with any other individuals, you might want to consider forming a limited liability company—specifically, a single-member LLC. Single-member LLCs enjoy many.

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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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Director banned for taking money from Company with Unpaid CCJ’s

UK debt collections

The sole Director of a broker Company based in Hampshire has been banned as a Company Director. Kathleen Shepherd from Southampton was the only Director for Shepherd Site Services Limited. The company acted as a broker for waste management services within the construction industry. The company had gone into administration in November 2019, only 18 months after it had been incorporated.

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Dwolla Review 2021: Features, Pricing, User Reviews

Nerd Wallet

Dwolla is a white-label service for integrating your business with the ACH network, allowing your business to self-host a platform for sending, receiving and facilitating bank transfers. The product boasts comprehensive security measures and assistance with integrating your business’s software onto its platform. Pricing is quote-based. With the service, businesses can receive payments without having.

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When Can a Body Corporate Bring Proceedings?

Debt Recoveries

Body corporate are management groups made up of the property owners within a plan of subdivision. They are responsible for the management and maintenance of the common property within a plan which is for the benefit all property owners. . The commencement of legal proceedings by a body corporate is regulated by legislation. Body corporates are ordinarily required to bring proceedings with an ordinary resolution or a special resolution from their members. .

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6 Travel Tips for International Digital Nomads

Nerd Wallet

So you’ve decided to take your remote career on the road and are preparing for traveling long-term internationally as a digital nomad. The remote work lifestyle opens up opportunities to visit all the places on your bucket list. But how do you prepare, and what do you pack? I am a digital nomad, and until. Elina Geller writes for NerdWallet. Email: egeller@nerdwallet.com.

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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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E-Wallets: A Smarter Way To Transfer Money Abroad Online

TAMSEY

Presently, digitization has simplified the process for sending money globally. Cheaper and more convenient international money transfers are now possible due to the smart and convenient platforms such as e-wallets. The adoption of online money transfer has raised curiosity amongst users who are constantly looking for new apps. If you are still away from using these platforms, you will stay behind in this fast-paced world.

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Google, Walgreens and H&R Block Want to Be Your Bank

Nerd Wallet

When you think about Google, Walgreens or H&R Block, what comes to mind is probably searching the web, picking up a prescription or getting your taxes done — not writing checks, building an emergency fund or setting up automatic bill payments. But these companies are part of a growing trend of nonbank brands offering banking. Chanelle Bessette writes for NerdWallet.

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5 High-Risk Chargeback Reasons

Payment Savvy

All businesses receive chargebacks. However, high-risk entities are more susceptible than others. Many chargebacks are caused by criminal fraud, but a merchant’s missteps cause a large gamut of chargebacks. That means your business needs a two-edged approach to preventing high-risk chargebacks. First, one must invest in the right technology and equipment to prevent fraud.

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Shopify vs. Squarespace: Which Is Right for Your Business?

Nerd Wallet

Shopify and Squarespace are two of the biggest e-commerce platforms on the market today since both make it easy for small-business owners to create their online stores or websites without needing any coding experience. But how do you know whether Shopify vs. Squarespace is the right online store platform for your business? Before you can make a. Sally Lauckner 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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Commercial Real Estate Transactions: How to Avoid Common Buyers’ Pitfalls Presentation

Jimerson Firm

On Tuesday, June 15, 2021 from 12:00 PM-1:00 PM, three attorneys from our Real Estate Development, Sales and Leasing team presented Commercial Real Estate Transactions: How to Avoid Common Buyers’ Pitfalls. This event was geared towards anyone involved in the purchase of land or real estate on the commercial side. In today’s hot buyers’ market and rapidly growing area, understanding key elements of real estate transactions is critical to a successful purchase experience.

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Paychex Flex vs. QuickBooks Online Payroll: Which Is Best for Your Business?

Nerd Wallet

Paychex Flex and QuickBooks Online Payroll are both popular online payroll products for small-business owners. Paychex Flex stands out by offering a dedicated payroll specialist and a variety of payment options, while QuickBooks Online Payroll offers health benefits administration and, with its most expensive plan, tax penalty protection. Paychex Payroll plans and pricing Depending on your business.

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Four steps to integrating Intelligent Automation in the finance department

On Guard

It’s clear that Intelligent Automation (IA) is still very much an emerging technology, with one indication being that is has only been mentioned a handful of times on Twitter since the beginning of 2021. Results from our latest annual FinTech Barometer reveal a mixed picture in terms of awareness, with half of finance professionals having never heard the term before.

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General Partnership vs. Limited Partnership

Nerd Wallet

If you’re interested in pursuing a business partnership, there are a few types of formal partnerships available for you to consider. Below, we’ll compare a general partnership vs. limited partnership. Keep reading to learn more about the differences and similarities, management arrangements, and liability levels of these two partnership types so you know which business.

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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.