Mon.Apr 05, 2021

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Compliance Digest – April 5

Account Recovery

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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These 3 tips will help your business get paid faster

American Profit Recovery

Every business wants to get paid faster. In fact, a business or medical practice NEEDS to get paid sooner. Late payments can do all types of damage to a business. It hurts cash flow, delays your own payments on bills, and costs you money in the long run. Late-paying customers can create untold amounts of stress on a business and can even cause those consumers to go elsewhere because they have not paid you.

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Judge Grants MTD in FDCPA Case Over Service During Pandemic

Account Recovery

A District Court judge in Michigan has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act when the plaintiffs were served with a summons and complaint in a debt collection lawsuit because the process servers purportedly harassed them by serving them without wearing proper protection … The post Judge Grants MTD in FDCPA Case Over Service During Pandemic appeared first on AccountsRecovery.net.

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Why Your Dog Needs Liability Insurance Even if She’s Perfect

Nerd Wallet

My dog Maisie is an angel. The most vicious she gets is when she decides it’s time to attack her bacon ball. Her greatest foe is the doorbell. But just in case a human hand happens to get entangled with the bacon ball mid-chomp or her howls at the door scare someone off the steps. Doug Sibor writes for NerdWallet. Email: dsibor@nerdwallet.com. The article Why Your Dog Needs Liability Insurance Even if She’s Perfect originally appeared on NerdWallet.

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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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Business and Strategy Leader Chris Russell Joins Plaza Services Team

Account Recovery

Plaza Services, LLC, a debt buyer in Atlanta, GA, is pleased to announce the recent addition of Chris Russell as Director of Inventory Management. In this role, Mr. Russell will be responsible for the strategic analysis, placement, and oversight of network operations for receivables inventory. Mr. Russell brings a robust background of proven leadership in … The post Business and Strategy Leader Chris Russell Joins Plaza Services Team appeared first on AccountsRecovery.net.

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More Trending

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Collector Under Investigation Fighting Seizure of $90k: Report

Account Recovery

Federal prosecutors who are investigating the owner of several debt collection companies that allegedly engaged in illegal collection activities are seeking the forfeiture of more than $90,000 that was seized from the owner’s home by armed agents last year, according to a published media report. The money belonged to Mark M. Miller of Kenmore, N.Y., … The post Collector Under Investigation Fighting Seizure of $90k: Report appeared first on AccountsRecovery.net.

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Five Key Construction Contract Terms That Every Building Owner Needs to Negotiate

Jimerson Firm

When a building owners hires a contractor to construct a building or other construction project, the contractor is often significantly more experienced when it comes to the ins and outs of the construction contract as well as the overall construction process. Oftentimes, a building owner may simply accept the contract terms provided by the contractor, without realizing how critical the contract terms can be to the outcome of the project.

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RMAI Adopts Latest Version Of National Certification Program

Account Recovery

March 31, 2021?(Sacramento, CA) – The RMAI Certification Council announces the adoption of version 9.0 of the Receivables Management Certification Program (RMCP) after an eight-month development and review process. Several significant enhancements were added to the program in version 9.0, including requiring Certified Businesses to: Avoid the solicitation or attachment of government emergency relief funds … The post RMAI Adopts Latest Version Of National Certification Program appeared firs

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8 Easy Ways to Improve Your Credit Score In 2021

Credit Corp

It’s been a difficult time for everyone. But coming into the new year, many have found the past twelve months have landed them with lower credit scores than ever before. This can damage not only your financial reputation, but also your prospects. So, what’s the effect of a high or low credit score, and how can you improve yours? Why Is a Good Credit Score Important?

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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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Judge Partially Dismisses FDCPA Suit on Remand From Appeals Court

Account Recovery

A District Court judge in Maryland has partially granted a defendant’s motion to dismiss in a case that was remanded back to the court after a ruling from the Fourth Circuit Court of Appeals last year determined that the court had erred in deciding when the one-year statute of limitations had stated running on potential … The post Judge Partially Dismisses FDCPA Suit on Remand From Appeals Court appeared first on AccountsRecovery.net.

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CFPB Takes Action Against Debt Collector And Its Owner For Falsely Threatening Consumers with Legal Action

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) today issued a consent order against a debt collector and its owner for harassing thousands of consumers, falsely threatening them with legal action. The CFPB found that Yorba Capital Management, LLC (Yorba) and its former owner, Daniel Portilla, Jr., violated the Consumer Financial Protection Act of 2010 (CFPA) and that Yorba violated the Fair Debt Collection Practices Act (FDCPA).

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Daily Digest – April 5. Judge Grants MTD in FDCPA Case Over Service During Pandemic; Judge Partially Dismisses FDCPA Suit on Remand from Appeals Court

Account Recovery

JUDGE GRANTS MTD IN FDCPA CASE OVER SERVICE DURING PANDEMIC A District Court judge in Michigan has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act when the plaintiffs were served with a summons and complaint in a debt collection lawsuit because the process servers … The post Daily Digest – April 5.

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6 Best Credit Unions for Business Accounts in 2021

Nerd Wallet

A credit union can be a good choice for a business account if there are locations near you and you can qualify to join. These nonprofit, membership-based financial institutions often get high marks for customer satisfaction compared with banks. But be sure to compare credit union business accounts with those at the best banks for. Ryan Lane 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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Saving Money in the Short Term versus the Long-Term Payback

Credit Corp

This post originally appeared on TranscriptionOutsourcing.net and has been republished with permission. When it comes to running a business, not all goals are the same. Is your business about one-time projects, or do you want repeat clients? Do you plan on expanding to other geographical areas? Or do you want to stick to your local area? Once you figure out what your business is about and how you intend to run it, you can then focus on your budget.

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Gusto vs. QuickBooks Payroll: Which Is Best for You?

Nerd Wallet

Gusto and QuickBooks Payroll are both are online-based, automated payroll platforms that allow you to set up and process payroll, manage employee benefits and file payroll taxes. In general, QuickBooks Payroll is a more affordable option, while Gusto offers more features specific to human resources. Here’s how they stack up. How they compare Top Gusto.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools that businesses can use free of charge.

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How to Travel to Puerto Vallarta, Mexico, on Points and Miles

Nerd Wallet

If you’re looking for warmer weather but don’t want to travel too far from the U.S., you’ve got several options just south of the border in Mexico. One of those is Puerto Vallarta, which is on the west coast of Mexico. Here’s what you need to know about getting to Puerto Vallarta using travel points and. Kevin Berry writes for NerdWallet. Email: kberry@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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“Centralized Decisioning”: The Industry’s Most Cutting Edge Decision Management Solution Needs a Better Name

Fico Collections

If you speak with FORTUNE Global 1000 executives from around the world, they all have the same decision management mission: they need quickly transform their traditional business capabilities to digital…. break down the silos of data across their enterprise… build a complete 360 º view of every customer across their buying lifecycle… and to maximize ROI.

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How to Get Free Hotel Breakfast

Nerd Wallet

Who doesn’t like free breakfast? Whether staying at a budget hotel or splurging on a European vacation, a comped breakfast is a perk everyone can enjoy. That’s why so many frequent travelers aim to figure out how to get free hotel breakfast regularly. While it’s true that many hotel loyalty programs offer free breakfast to top-tier. Rand Shoaf writes for NerdWallet.

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How Can Bank Account Verification Help You?

Micro Bilt

The misleading data, based on the government's financial aid, creates a whole new set of risks for lenders whole are looking to accept new borrowers.

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The Basics of Airline Partnerships and Alliances

Nerd Wallet

Airline partnerships offer flexibility and opportunity for savvy travelers. They also offer complexity and potential confusion for beginners. At their core, airline partnerships expand the value of frequent flyer rewards. If you have a bunch of Delta SkyMiles, for example, you can use them to book flights with Delta’s partners. On the flip side, if.

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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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How Do Student Loans Work, and Where Do You Apply?

Credit Corp

Student loans get a bit of a bad rep in the news related to the amount of debt they cause. But if you’re looking to advance your career with a necessary degree, student loans might offer a way to pay for your education so you can improve your future. Understanding exactly how student loans work and how to manage them properly goes a long way toward having a positive experience.

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Prepare for COVID Medical Bills This Year

Nerd Wallet

Testing and vaccination for the coronavirus are free thanks to laws passed last year. Treatment isn’t, however, and may be about to get more expensive. A new vaccine is in production, millions of doses are being administered daily and President Joe Biden says there will be enough vaccines for all U.S. adults by the end. Amrita Jayakumar writes for NerdWallet.

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Supreme Court Refuses to Impose New Limits on Personal Jurisdiction over Corporations

Public Citizen

In a string of rulings over the past decade, the U.S. Supreme Court has made it more difficult to sue corporations that operate nationwide unless suit is brought in the states where they are incorporated or have their principal places of business. But in its March 25, 2021 ruling in Ford Motor Company v. Montana Eighth Judicial District Court, the Supreme Court made clear that it will only go so far to protect corporations from being sued in a plaintiff's preferred forum state.