Thu.Mar 09, 2023

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Getting to Know Nina Cunningham of Illinois Collections

Account Recovery

One of the great benefits in publishing these profiles week after week is the chance to shine a spotlight on people whose contributions to the industry help keep moving it forward but who maybe haven’t risen to a level of prominence … yet. Nina Cunningham, who has owned her own collection industry for the past … The post Getting to Know Nina Cunningham of Illinois Collections first appeared on AccountsRecovery.net.

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Utility Debt has Doubled Since the Pandemic – Here’s What Companies Can Do

True Accord

More than 20 million US households are behind on their utility bills, according to the National Energy Assistance Directors Association (NEADA), which described it as the worst crisis it has ever documented. Delinquencies are rising across all industries, but utility debt specifically has doubled from pre-pandemic levels, and as moratoriums ended customers faced the onslaught of unpaid bills.

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Appeals Court Remands FDCPA Case to Determine if Plaintiff has Standing

Account Recovery

The Court of Appeals for the Ninth Circuit has remanded a Fair Debt Collection Practices Act case back to the District Court to determine whether the plaintiff had standing to file his lawsuit in the first place. The plaintiff, who appealed nearly five years ago, will now have to prove he suffered a concrete injury … The post Appeals Court Remands FDCPA Case to Determine if Plaintiff has Standing first appeared on AccountsRecovery.net.

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Texas Liability Insurance: What It Covers and How Much You Need

Nerd Wallet

Ryan Brady writes for NerdWallet. Email: rbrady@nerdwallet.com. Twitter: @reallyryanbrady. The article Texas Liability Insurance: What It Covers and How Much You Need 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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CFPB Report Spotlights Junk Fees as White House Urges States to Crack Down

Account Recovery

The Consumer Financial Protection Bureau yesterday released a special version of its Supervisory Highlights report, breaking down all of the “unlawful junk fees” it found in deposit account products and loan servicing products, such as auto loans, mortgages, student loans, and payday lending. The fees included excessive late fees and pay-to-pay payment fees and kickbacks … The post CFPB Report Spotlights Junk Fees as White House Urges States to Crack Down first appeared on Acco

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Judge Grants Motion to Compel Arbitration in TCPA Class Action

Account Recovery

A Magistrate judge in New York has granted a defendant’s motion to compel arbitration in a Telephone Consumer Protection Act class-action case involving debt collection calls that were made to the plaintiff for a company credit card years after the plaintiff stopped working at the company. A copy of the ruling in the case of … The post Judge Grants Motion to Compel Arbitration in TCPA Class Action first appeared on AccountsRecovery.net.

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Money Market Account vs. Savings Account: Which Should You Choose?

Nerd Wallet

Margarette Burnette writes for NerdWallet. Email: mburnette@nerdwallet.com. Twitter: @Margarette. The article Money Market Account vs. Savings Account: Which Should You Choose? originally appeared on NerdWallet.

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Daily Digest – March 9. Getting to Know Nina Cunningham of Illinois Collections; Appeals Court Remans FDCPA Case Over Standing

Account Recovery

GETTING TO KNOW NINA CUNNINGHAM OF ILLINOIS COLLECTIONS One of the great benefits in publishing these profiles week after week is the chance to shine a spotlight on people whose contributions to the industry help keep moving it forward but who maybe haven’t risen to a level of prominence … yet. Nina Cunningham, who has … The post Daily Digest – March 9.

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Keep Crowdfunding Proceeds on the Right Side of Tax Rules

Nerd Wallet

Sabrina Parys writes for NerdWallet. Email: sparys@nerdwallet.com. The article Keep Crowdfunding Proceeds on the Right Side of Tax Rules originally appeared on NerdWallet.

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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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Illinois Federal Court Dismisses CFPB’s First Redlining Case, Holding ECOA Doesn’t Extend to Prospective Applicants

Troutman Sanders

Please join Troutman Pepper Partner Chris Willis and his colleague Consumer Financial Services Partner Lori Sommerfield as they discuss the implications of the recent Illinois federal court decision, dismissing the CFPB’s first-ever redlining case against Townstone Financial, Inc., which alleged that Townstone engaged in redlining practices by discouraging applications under the Equal Credit Opportunity Act (ECOA) through its marketing approach.

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IHG Food and Beverage Rewards: A New Perk for IHG Members

Nerd Wallet

JT Genter writes for NerdWallet. Email: travel@nerdwallet.com. The article IHG Food and Beverage Rewards: A New Perk for IHG Members originally appeared on NerdWallet.

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Electrify America: What It Costs, and Where to Find Chargers

Nerd Wallet

Kurt Woock writes for NerdWallet. Email: kwoock@nerdwallet.com. The article Electrify America: What It Costs, and Where to Find Chargers originally appeared on NerdWallet.

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The Guide to Wingtips Lounge

Nerd Wallet

Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com. The article The Guide to Wingtips Lounge originally appeared on 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?