Fri.Jun 03, 2022

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New Startup Offers Bonuses to Employees For Staying At Their Jobs

Account Recovery

I came across an article promoting a new fintech product and I think it has two applications for companies in the accounts receivable management space — it can be used to help boost employee loyalty and reduce turnover and it can be a potential type of debt that will need to be collected, making it … The post New Startup Offers Bonuses to Employees For Staying At Their Jobs appeared first on AccountsRecovery.net.

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Why Your Business Should Reassess In-House Collections and Agency Partners

Enterprise Recovery

If it ain't broke, don't fix it. But do you know if your collections efforts are broken? If your business has established in-house ( first-party ) collections, accounts receivable and/or debt collection agency partners, it is still a good idea to ensure you're leveraging the best resources, technology, and vendor pricing available. Here's why and how to reassess your in-house collections and B2B collections agency partners.

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Bills Introduced to Make Forgiving Student Loan Debt Easier, Offer 0% Interest Rates

Account Recovery

A trio of bills have been introduced in the Senate aimed at making student loan debt more easily forgiven and more easily repaid. The bills were all introduced in the past week by Sen. Sheldon Whitehouse [D-R.I.]. Two of the bills are aimed at amending the Public Service Loan Forgiveness program and the third bill … The post Bills Introduced to Make Forgiving Student Loan Debt Easier, Offer 0% Interest Rates appeared first on AccountsRecovery.net.

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Why You Shouldn’t Wait to Make a Home Inventory

Nerd Wallet

Imagine that all your belongings are destroyed in a house fire. Thankfully, you have insurance. But to file a claim and get reimbursed, you have to make a list of everything you lost. How many of your belongings would you be able to remember? I tried it on a smaller scale, listing everything I could. Sarah Schlichter writes for NerdWallet. Email: sschlichter@nerdwallet.com.

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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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Class-Action Accuses Collector of Trying to Collect Canceled Debt

Account Recovery

A class-action lawsuit has been filed against a collection agency, accusing it of contacting an individual who was represented by an attorney — because the plaintiff had already filed suit against another agency for the same debt before the account was recalled and placed with another agency — and for sending a collection letter two … The post Class-Action Accuses Collector of Trying to Collect Canceled Debt appeared first on AccountsRecovery.net.

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Daily Digest – June 3. Judge Grants Motion to Remand Hunstein Copycat Back to State Court; Class-Action Accuses Collector of Trying to Collect Canceled Debt

Account Recovery

JUDGE GRANTS MOTION TO REMAND HUNSTEIN COPYCAT BACK TO STATE COURT This is one of those articles where the lede gets buried, but I think it’s worth reading all the way to the end, especially if you’re interested in Hunstein-related lawsuits. A District court judge in Illinois has granted a plaintiff’s motion to remand a … The post Daily Digest – June 3.

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The Best Home Inventory Apps and Templates

Nerd Wallet

Making a home inventory — a record of everything you own — is a smart idea in case you ever have to file a home insurance claim. But listing every gadget, sheet set and article of clothing can be an overwhelming task. Enter home inventory apps and templates designed to make the job faster and. Sarah Schlichter writes for NerdWallet. Email: sschlichter@nerdwallet.com.

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Judge Grants Motion to Remand Hunstein Copycat Back to State Court

Account Recovery

This is one of those articles where the lede gets buried, but I think it’s worth reading all the way to the end, especially if you’re interested in Hunstein-related lawsuits. A District court judge in Illinois has granted a plaintiff’s motion to remand a Hunstein case back to state court, but in doing so, essentially … The post Judge Grants Motion to Remand Hunstein Copycat Back to State Court appeared first on AccountsRecovery.net.

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Five Stories that Matter in Michigan This Week – June 3, 2022

Fraser

Five Stories that Matter in Michigan This Week – June 3, 2022; Legal, Legislative, and Regulatory Insights. Michigan Senate Votes to Suspend Gas Taxes this Summer. The Michigan Senate, in a bipartisan vote, passed a series of new bills that would temporarily pause gas taxes from June 15 to September 15. The bills pause collections on the 6% sales and use taxes on gas purchases and the 27 cent per gallon excise gas tax.

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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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The Guide to Alaska Airlines Premium Class

Nerd Wallet

On top of standard economy class seating, Alaska Airlines offers several classes of service on many of its aircraft, including first class and premium class. So what makes Alaska’s premium class unique? Here’s what you need to know about flying Alaska Airlines premium class, whether or not you’re booking your travel with Alaska MileagePlan miles. Alisha McDarris writes for NerdWallet.

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California DFPI Requests Public Comment on Crypto Asset-Related Financial Products and Services Under California Consumer Financial Protection Law

Troutman Sanders

On June 1, the California Department of Financial Protection and Innovation (DFPI) released an invitation for comment on the DFPI’s regulatory approach to crypto asset-related financial products and services, as well as the potential regulation of such products and services under the California Consumer Financial Protection Law (CCFPL). On May 4, Governor Gavin Newsom issued an executive order on blockchain, crypto assets, and the creation of a consistent federal and state regulatory approach (p

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State Insurance Websites Ranked From Most to Least Helpful to Consumers

Nerd Wallet

Insurance is a complex purchase — policies are hard to understand, the reputations of insurance companies can be difficult to determine, and what exactly you’re paying for isn’t always clear. Making an informed decision amid the overwhelming amount of information takes some effort, diligent research and, sometimes, a bit of luck. As it turns out, Elizabeth Renter writes for NerdWallet.

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An Industry Perspective: A Conversation with Eric Ellman of the Consumer Data Industry Association

Troutman Sanders

Please join Troutman Pepper Partner Dave Gettings and his guest Eric Ellman of the Consumer Data Industry Association (CDIA) for a conversation on recent industry developments in credit reporting. Dave and Eric discuss the CDIA’s mission, the idea of a government-run credit bureau, and recent trends in FCRA litigation. At the CDIA, Eric leads the state government and federal regulatory affairs programs, runs the legal department, serves as liaison to the format teams for credit data reporting, a

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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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What Is a Short Squeeze?

Nerd Wallet

A short squeeze is a market phenomenon in which a shorted security, such as a stock, jumps unexpectedly in price. Investors who short a stock are betting the stock will go down in value. To capitalize on that, they borrow shares from a broker, then sell them at the current price. When the stock price. Alieza Durana writes for NerdWallet. Email: adurana@nerdwallet.com.

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NY Department of Financial Services Releases Guidance for Use of Blockchain Analytics by Virtual Currency Entities

Troutman Sanders

The New York State Department of Financial Services (NYDFS) recently issued guidance on the use of blockchain analytics for all virtual currency businesses that either have a BitLicense or are chartered as limited purpose trust companies under the New York Banking Law (VC Entities), emphasizing “the importance of blockchain analytics to effective policies, processes, and procedures, including, for example, those relating to customer due diligence, transaction monitoring, and sanctions screening.

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How to Get Into a United Polaris Lounge Before Your Flight

Nerd Wallet

If you fly United Airlines, you’re probably at least somewhat familiar with its comfortable and spacious Polaris class: lie-flat seats, elevated dining options, bedding and plenty of comfortable amenities. But depending on where you’re traveling, you may also have access to one of United’s Polaris lounges, a distinct upgrade on the typical United Club lounge.

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Don’t Let Your First Car Be a $30K Mistake

Nerd Wallet

Buying your first car is already an intimidating experience; in the midst of historic supply shortages, it’s easy to feel overwhelmed. In March of this year, the average price of a used car was $27,246, according to Cox Automotive — an automotive marketplace and data company — or 28% higher than it was a year. Colin Beresford writes for NerdWallet. Email: cberesford@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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6 Things to Know About United TravelBank

Nerd Wallet

Whether you’re saving up for a special occasion — like a honeymoon — or just an upcoming getaway, many travelers opt to save future travel funds in a dedicated bank account. For United Airlines loyalists, this process can be even simpler. United MileagePlus account members can access a budgeting tool called United TravelBank. Let’s dive. JT Genter writes for NerdWallet.

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Air France Business Class Overview

Nerd Wallet

Air France is a member of the SkyTeam alliance and has a network that spans five continents. Its business class cabin is a popular redemption for members of partner programs like Delta SkyMiles. The French carrier is currently updating its business class cabins to feature a 1-2-1 layout. The newest designs for the Boeing 777-300ER. Ramsey Qubein writes for NerdWallet.

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How to Find the Best RV Insurance

Nerd Wallet

Whether you plan on using your RV as a full-time home or for occasional road trips, insurance is a must. Adding your RV to an existing car insurance policy may be an option, but RVs are much more than just cars. For better financial protection, consider RV insurance. This coverage combines elements of auto and. Alex Glenn writes for NerdWallet. Email: articles@nerdwallet.com.

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