Account Recovery
MAY 6, 2022
GRAND JURY CHARGES BANNED COLLECTOR IN FRAUD CASE A woman who has been no stranger to the law enforcement side of the debt collection business — in fact she was previously barred from participating in the industry back in 2018 — has been charged with conspiracy to commit wire fraud, 16 counts of wire fraud, … The post Daily Digest – May 6.
Enterprise Recovery
MAY 6, 2022
When hiring a qualified accounts receivable specialist, it's important that they have the right skill sets. They're going to be speaking with your customers directly about one of the most uncomfortable topics - money. They need confidence, persistence and enthusiasm, and also they need the proper training. We took a look at A/R job descriptions for a better idea of what's required.
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Account Recovery
MAY 6, 2022
The Governor of New York has signed a bill into law that prohibits colleges and universities from withholding transcripts from individuals who owe the schools money, a practice that has been described as “transcript ransoming.” S.5924C/A.6938 goes into effect 30 days after it was signed by the governor. Nationwide, nearly 7 million students were unable … The post N.Y.
Nerd Wallet
MAY 6, 2022
Your sibling asked you to cover their rent for a couple of months while they were between jobs. Or maybe you loaned a friend a few hundred bucks for a car repair they couldn’t afford. You’d do anything to help those you love. And you did. But what should you do when they don’t pay. Lauren Schwahn writes for NerdWallet. Email: lschwahn@nerdwallet.com.
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 6, 2022
A woman who has been no stranger to the law enforcement side of the debt collection business — in fact she was previously barred from participating in the industry back in 2018 — has been charged with conspiracy to commit wire fraud, 16 counts of wire fraud, and conspiracy to defraud the United States as … The post Grand Jury Charges Banned Collector in Fraud Case appeared first on AccountsRecovery.net.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
MAY 6, 2022
NORFOLK, Va., May 5, 2022 — PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, today announced that Rakesh Sehgal will join the company as Senior Vice President and Head of Corporate Development. He will be based in New York. In this newly created role, Rakesh will lead corporate development globally, including mergers and acquisitions, and be … The post PRA Group Announces Rakesh Sehgal as Head of Corporate Development in Newly Created R
Nerd Wallet
MAY 6, 2022
When you’re applying for mortgage preapproval, a loan officer might mention you could get money back at closing by using one of the lender’s partner real estate agents. Or if you’re looking to sell, you might have seen iBuyers and other real estate companies offer incentives to use an affiliated agent to buy your next. Kate Wood writes for NerdWallet.
Account Recovery
MAY 6, 2022
The theme of yesterday’s Talk-Off, featuring Leslie Bender from Clark Hill, Aaron Reiter from InterProse, and Jennifer Whipple from Collection Bureau Services, was engagement. While discussing several different aspects of trends and ideas within the accounts receivable management industry, the panel kept circling back to the importance of engaging with consumers and engaging with co-workers, … The post Talk-Off Panel Talk About Importance of Engagement appeared first on AccountsRecov
Nerd Wallet
MAY 6, 2022
Are you looking for an upgraded experience when flying United Airlines but not ready to shell out for first class just yet? United premium economy service, which is called Premium Plus, may be the experience for you. With larger seats, complimentary alcohol and two free checked bags, it’s available on select long-haul international flights and. Alisha McDarris writes for NerdWallet.
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Troutman Sanders
MAY 6, 2022
On April 7, the Consumer Finance Protection Bureau (CFPB or Bureau) filed an amicus brief in an appeal, pending before the Court of Appeals for the Eleventh Circuit in which the Bureau argued that the Fair Credit Reporting Act (FCRA) does not exempt furnishers from investigating disputes based on legal questions as opposed to factual inaccuracies. Section 1681s-2(b)(1) of the FCRA states that a furnisher of consumer information must conduct an investigation of disputed information upon receiving
Nerd Wallet
MAY 6, 2022
Chase has brought back a limited-time offer that allows you to redeem points for Apple products at a better rate. Through May 31, 2022, your points will be worth up to 50% more when you use them to purchase Apple products through the Chase Ultimate Rewards® portal. Most of the time, Chase Ultimate Rewards® points. Caitlin Mims writes for NerdWallet.
NCBA Law Practice Management Blog
MAY 6, 2022
Lawyers often focus on their own expectations when it comes to client intake. They assume a lot about legal consumers’ preferences, without actually investigating what those preferences really are. In that situation, it usually ends up that law firms construct intake programs that don’t reflect relevant trends respecting legal consumers, and that are created for the ease of use of the law firm, and not for the ease of use of the consumer.
Nerd Wallet
MAY 6, 2022
Varo and Chime have comparable offerings with a few key differences. Varo is a bank, and Chime is a neobank — an online-only financial service company that partners with a bank to provide account insurance. Here’s how the two companies compare with each other. Snapshot comparison Checking account No monthly maintenance fee or minimum balance. Chanelle Bessette writes for NerdWallet.
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?
Fico Collections
MAY 6, 2022
Following the highly successful The 11 Commandments of Digital Banking eBook , we are completing our series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: Digital lift-and-shift is not a strategy! Friction – not inherently good or evil. Be personable in this impersonal channel. Respect the data. Engage me, teach me – feed my TikTok obsession.
Nerd Wallet
MAY 6, 2022
Your kid may have already fled the nest to college, but now they’re tackling their next big flight — and this one is abroad. As you get their passport photo just right and find the perfect backpack for their adventure, consider what credit card they should bring as well. You can help your child to. Meg Lee writes for NerdWallet. Email: mlee@nerdwallet.com.
Nerd Wallet
MAY 6, 2022
Florida has over 4.8 million Medicare beneficiaries — it’s second only to California for total Medicare members. Of those, about 2.3 million have Original Medicare (Part A and Part B). Floridians with Medicare Part A and Part B can purchase Medicare Supplement Insurance, or Medigap, to help cover certain out-of-pocket expenses like copays, coinsurance and.
Nerd Wallet
MAY 6, 2022
Pennsylvania has over 2.8 million Medicare beneficiaries — the fifth highest total of any state. About 1.5 million of those beneficiaries have Original Medicare (Part A and Part B). Pennsylvanians with Medicare Part A and Part B can purchase Medicare Supplement Insurance, or Medigap, to help cover certain out-of-pocket expenses like copays, coinsurance and deductibles.
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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.
Nerd Wallet
MAY 6, 2022
There’s no denying that Airbnb revolutionized the travel industry. Gathering homeowners and customers onto a single app opened up thousands of homes worldwide to short- and long-term renting. Although short stays are common on Airbnb, guests also have the ability to book monthly Airbnb rentals. Of course, there are pros and cons to doing so. Carissa Rawson writes for NerdWallet.
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