Enterprise Recovery

JUNE 22, 2023

When it comes to dealing with B2B clients, it's important to approach any potentially negative situation with a proactive mindset. When you understand why clients may ask for more than your agreement, you can better anticipate and prepare for potential roadblocks. Whether it's negotiating with clients to find a mutually beneficial solution or knowing when it's time to end the relationship, there are strategies you can use to ensure a successful project outcome.

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Account Recovery

JUNE 22, 2023

Right off the bat, you have to question Stacey Davenport’s judgment. I mean, really, who is the schmuck she wants to see answer these questions? All kidding aside, how wonderful is it when someone finds a job, falls in love with it, and never wants to leave?

Judgment 130

Judgment 130

Nexa Collect

JUNE 22, 2023

While AI brings efficiency and productivity to the accounting industry, it also poses certain risks to the profession, particularly in terms of job security and the nature of work. Here are some of the dangers that AI poses to accounting jobs: Job Displacement : The most prominent concern is the potential for AI to replace human workers in routine and manual accounting tasks.

Judgment 100

Judgment 100

Account Recovery

JUNE 22, 2023

If you’re going to sue a collection operation for not reasonably investigating a dispute on your credit report, it’s probably best to file the dispute before you file the lawsuit claiming the dispute was not reasonably investigated.

Collections 130

Collections 130

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.

Nexa Collect

JUNE 22, 2023

As the Chief Financial Officer (CFO) of an organization, harnessing AI (Artificial Intelligence) can be extremely beneficial in enhancing efficiency, accuracy, and insights within the finance department. Here are some ways in which a CFO can utilize AI for their benefit. Data Analysis and Forecasting : AI algorithms can quickly analyze massive amounts of financial data to extract key insights, identify patterns and trends, and predict future outcomes.

Government 100

Government 100

Fraser

JUNE 22, 2023

In Notice 2022-59 the Internal Revenue Service set forth the PCORI amount imposed on insured and self-funded health plans for policy and plan years that end on or after October 1, 2022, and before October 1, 2023. Background The Patient-Centered Outcomes Research Institute (PCORI) fee is used to partially fund the Patient-Centered Outcomes Research Institute which was implemented as part of the Patient Protection and Affordable Care Act.

Acquisition 75

Acquisition 75

Account Recovery

JUNE 22, 2023

A bill that would require collectors and healthcare providers a payment plan that does not exceed 5% of a patient’s income if he or she has more than $500 in outstanding medical debt while also waiting a year to report medical debts to the credit reporting agencies — among other provisions — moved a step […]

Healthcare 130

Healthcare Collections 130

Troutman Sanders

JUNE 22, 2023

Mindful of the impending retirement of many millions of investors in the “baby boomer” generation, which hold a substantial amount of the world’s wealth, the Financial Industry Regulatory Authority (FINRA) continues to heavily monitor its member firms supervision of their registered financial advisors who service vulnerable and elderly investor customers.

Financial services 52

Financial services 52

Account Recovery

JUNE 22, 2023

GETTING TO KNOW STACEY DAVENPORT OF PRO COM SERVICES OF ILLINOIS JUDGE GRANTS MSJ FOR DEFENDANT IN FCRA REASONABLE INVESTIGATION CASE COLLECTION SOFTWARE FIRM AKTOS RAISES $4.

Collections 130

Collections 130

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Collections

Troutman Sanders

JUNE 22, 2023

Do companies that use workplace surveillance tools to make hiring and firing decisions risk violating the Fair Credit Reporting Act (FCRA)? According to the Consumer Financial Protection Bureau (CFPB or Bureau) in a recent comment , the answer to that question is yes. The Bureau’s official comment comes in response to a request for information issued by the White House’s Office of Science and Technology Policy on the impact of automated tools used by employers to monitor and evaluate workers.

Financial services 52

Financial services Collections 52

Account Recovery

JUNE 22, 2023

The company has automated over 400,000 calls and increased its connectivity rate to 44% and engagement rate to 63% after deploying Skit.ai’s Augmented Voice Intelligence Platform. NEW YORK, NY (June 22, 2023) – Skit.ai, a global conversational voice AI vendor for the Account Receivable Management (ARM) industry in the U.S.

Accounts Receivables Management 130

Accounts Receivables Management Collections 130

Troutman Sanders

JUNE 22, 2023

Please join Troutman Pepper Partner Chris Willis and his colleagues Lori Sommerfield and Leigh Poltrock as they discuss HUD’s ever-changing disparate impact rule. Topics include an analysis of the rule’s many versions over the last 10 years, HUD’s reaction to the U.S. Supreme Court’s 2015 Inclusive Communities decision, what we should expect from an enforcement and litigation standpoint, and what industry participants should do in light of these developments.

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Collection Industry News

JUNE 22, 2023

WASHINGTON, June 30 (Reuters) – The U.S Supreme Court handed President Joe Biden a painful defeat on Friday, blocking his plan to cancel $430 billion in student loan debt – a move that had been intended to benefit up to 43 million Americans and fulfill a campaign promise. The Democratic president denounced the 6-3 decision – powered by the court’s conservatives and written by Chief Justice John Roberts – and announced fresh steps to provide relief for student loan b

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Student loans Student Loans Loans Education 40

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?

Banks

Jimerson Firm

JUNE 22, 2023

Featured in the June 2023 Issue Partner’s Perspective: New Technologies Present New Opportunities Partner Ryan Maloney says: The 20 th anniversary of the day I was admitted to the Florida Bar as a brand-new lawyer is coming up in September of this year. As that date approaches, it is a bit hard for me to wrap my head around the fact that I have been practicing law for 20 years.

Construction 40

Construction Lawyers 40