Tue.May 16, 2023

article thumbnail

Pa. Appeals Court Issues Ruling on Agency CEO’s Wage Battle with Former Employer

Account Recovery

They say that a good compromise is one where both parties are dissatisfied. A panel of state Appeals Court judges from the Superior Court of Pennsylvania have affirmed a lower court’s ruling in a million-dollar wage dispute case between a collection agency and its former chief executive officer.

article thumbnail

What You Need to Know about Buy Now, Pay Later

Credit Corp

Guest post by FitMoney.org Have you ever been online shopping and, right before you confirm your purchase, you see an offer to not pay everything today? These offers are a fairly new type of loan becoming increasingly popular across online retailers known as Buy Now, Pay Later. Buy Now, Pay Later programs offer an appealing way to shop online without paying in full at the time of purchase.

Retail 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Judge Denies MTD in FDCPA Case, Rules Claim of ‘Financial Loss’ Sufficient to Have Standing

Account Recovery

Stating that a plaintiff suffered a financial loss without necessarily going into specifics about what those losses actually were was enough for a District Court judge in Michigan to deny a defendant’s motion to dismiss a Fair Debt Collection Practices Act case. A copy of the ruling in the case of Rider v. Stillman, P.C.

article thumbnail

Instant ACH Transfers Online

Payment Savvy

Our current era has been shaped by digitization with a fundamental impact on all sectors, including banking and finance, where it has brought unprecedented convenience, security, and efficiency. The backbone of these developments is none other than America’s Automated Clearing House (ACH) which facilitates seamless electronic transactions between banks and financial institutions within its network.

article thumbnail

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.

article thumbnail

New Generation of Video Games Helping Teach Empathy

Account Recovery

Video games, especially those using virtual reality technology, are now being used to teach people empathy, with a pair of new games putting people in situations meant to show them what it’s like to be persecuted.

130
130

More Trending

article thumbnail

Daily Digest – May 16. FDCPA Suit Takes ‘Known or Should Have Known’ to New Levels; Court Weighs in on Former CEO’s Wage Battle with Collection Agency

Account Recovery

FDCPA SUIT TAKES ‘KNOWN OR SHOULD HAVE KNOWN’ TO NEW LEVELS A collector has removed a Fair Debt Collection Practices Act case originally filed in Florida state court to federal court, after it was accused of not knowing that an account had previously been placed with another collection agency, and that the debt had been …

article thumbnail

From risk to opportunity: the transformation of credit management in a changing economy

On Guard

Organisations are increasingly faced with growing payment delays and customers requesting deferred payments. The main cause is economic uncertainty. This makes for a challenging time for credit management staff. After all, just checking and paying incoming invoices is no longer enough. For one in five (18%) organisations, the uncertain economic conditions create challenges in improving credit management.

article thumbnail

FDCPA Suit Takes ‘Known or Should Have Known’ to New Levels

Account Recovery

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more?

130
130
article thumbnail

From risk to opportunity: the transformation of credit management in a changing economy

On Guard

Organisations are increasingly faced with growing payment delays and customers requesting deferred payments. The main cause is economic uncertainty. This makes for a challenging time for credit management staff. After all, just checking and paying incoming invoices is no longer enough. For one in five (18%) organisations, the uncertain economic conditions create challenges in improving credit management.

article thumbnail

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.

article thumbnail

Member Spotlight: CCRA Designation of Excellence

NACM

​NACM's Professional Certification Program allows credit professionals to earn designations, learn and apply useful knowledge to help enhance their careers. In some instances, the certification program leads credit professionals to come back and earn even more.

5
article thumbnail

Florida District Courts Increasingly Staying FTSA Cases as 11th Circuit Threatens to Overturn Salcedo

TCPA

Plaintiffs’ attempts to keep FTSA cases venued in Florida state courts are being upended by the Eleventh Circuit’s recent decision to revisit en banc its Article III standing precedent in single-text message cases.

52