Account Recovery
MAY 31, 2023
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.
Consumer Finance
MAY 31, 2023
The Consumer Financial Protection Bureau published an issue spotlight on digital payment apps heavily used by consumers and businesses.
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Account Recovery
MAY 31, 2023
A District Court judge in Ohio has approved a settlement in a Fair Debt Collection Practices Act class-action lawsuit that will see the defendant pay $500,000 in fees and costs after it was accused of pursuing collection activity against individuals who had participated in a separate settlement of an FDCPA case in which the defendant …
Consumer Finance
MAY 31, 2023
Keeping money inside your nonbank payment app might feel the same as a keeping money in a traditional bank account. But the money in your app might not be held in an account at an FDIC member bank or NCUA member credit union and may not offer federal deposit insurance.
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 31, 2023
The medical billing and collection system “devotes insufficient resources to preventing, identifying, and correcting errors,” and the issues are especially acute for older consumers, who face a more complex billing system than their younger counterparts, and are being billed for amounts they do not owe, according to a report released yesterday by the Consumer Financial …
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
MAY 31, 2023
Who gets a collection letter saying that you now owe less than what you originally did and chooses to file a lawsuit claiming the discrepancy was too misleading and confusing?
On Guard
MAY 31, 2023
The finance professional’s role is dynamic, and the COVID-19 crisis has made it even more crucial in organisations, with an increasing involvement in (digital) strategy. Currently, the profession is once again facing a number of challenges. The turbulent economic situation is making organisations more cautious, resulting in fewer innovations and less investment.
Account Recovery
MAY 31, 2023
JUDGE GRANTS MTD IN FDCPA CASE OVER BALANCE DISCREPANCY IN LETTER Who gets a collection letter saying that you now owe less than what you originally did and chooses to file a lawsuit claiming the discrepancy was too misleading and confusing?
On Guard
MAY 31, 2023
The finance professional’s role is dynamic, and the COVID-19 crisis has made it even more crucial in organisations, with an increasing involvement in (digital) strategy. Currently, the profession is once again facing a number of challenges. The turbulent economic situation is making organisations more cautious, resulting in fewer innovations and less investment.
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NACM
MAY 31, 2023
When it comes to the credit profession, there's more than meets the eye. You're working with the credit team, senior management, sales, vendors, suppliers, customers and other departments in order to maximize profit and minimize risk. But that can get overwhelming without the proper preparation and training. That's where NACM's Professional Certifi.
On Guard
MAY 31, 2023
Have you been curious about how debtor statuses like credit limits appear based on filter options within an administration? These simple, but critical tasks within an administration are made possible through APIs. An API, or Application Programming Interface, is a set of rules and protocols that defines how two pieces of software can communicate with each other.
Troutman Sanders
MAY 31, 2023
To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities State Activities Federal Activities: On May 30, the United States, in coordination with the G7 and other international partners, announced that it is strengthening the unprecedented global sanctions and other restrictive economic measures to further degrade the Russian Federation’s
Fraser
MAY 31, 2023
The IRS has released its 2024 annual inflation adjustments for Health Savings Accounts (“HSAs”) as determined under Section 223 of the Internal Revenue Code. Specifically, IRS Revenue Procedure 2023-23 provides the adjusted limits for contributions to a HSA, as well as the high deductible health plan (“HDHP”) minimums and maximums for calendar year 2024.
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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