Wed.Jan 26, 2022

article thumbnail

TrueAccord Announces Results Confirming Effectiveness of Digital-First Retain Product for Early-Stage Delinquencies

Account Recovery

LENEXA, Kan., Jan 25, 2022 — TrueAccord Corporation, a debt collection company offering machine learning-powered digital recovery solutions, today announced results following the September 2021 rollout of Retain, the client-branded product that addresses early-stage recovery challenges for organizations with customers with delinquent accounts.

article thumbnail

Unpopular Opinion: Airbnb Has Become Terrible

Nerd Wallet

The early days of Airbnb, like the early days of the internet, were full of promise. Here was a way for travelers to see the world while meeting hosts and enjoying authentic experiences, all on a shoestring. Yet this promise, like the promise of the internet itself, has been corrupted by greed, lack of competition. Sam Kemmis writes for NerdWallet. Email: skemmis@nerdwallet.com.

126
126
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Judge Grants MTD in FDCPA Case for Lack of Standing

Account Recovery

There is no doubt that the legal process can be overwhelming and confusing for many consumers. But losing sleep and suffering emotional distress because you think the fight is over before it actually is does not endow that consumer standing to turn around and sue the collector, a District Court judge in Illinois has ruled, … The post Judge Grants MTD in FDCPA Case for Lack of Standing appeared first on AccountsRecovery.net.

article thumbnail

5 Ways Businesses Can Get Ahead of Stalled Supply Chains

Nerd Wallet

Labor shortages, shipping backlogs and slowed production — caused in large part by the ongoing coronavirus pandemic — have left business owners scrambling to source everything from couches and car seats to rubber and lumber. While current supply chain woes are unprecedented, they aren’t a complete anomaly. Supply chain disruptions are simply a fact of.

123
123
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

25 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 25 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

More Trending

article thumbnail

Report Reveals Millions of Student Loan Borrowers Eligible for Bankruptcy Discharge

Account Recovery

A report that has been published by the Student Borrower Protection Center suggests that there are “tens of billions” of dollars in unpaid student loans that are eligible to be discharged via the bankruptcy process and that “industry schemes have robbed borrowers of their right to discharge.” A copy of the report can be accessed … The post Report Reveals Millions of Student Loan Borrowers Eligible for Bankruptcy Discharge appeared first on AccountsRecovery.net.

article thumbnail

Debt Collection Tips for Working With Managing Agents in NYC

FFGN COLLECT NY

Working with managing agents in New York? Here are some debt collection tips for when it comes to working with managing agents. Many of the buildings in New York are managed by an outside agent known as a managing agent. The managing agent receives a management fee in return for managing the building. Managing buildings as an agent is a business like any other – you get a fee for service.

article thumbnail

Daily Digest – January 26. Judge Grants MTD in FDCPA Case for Lack of Standing; Group Sues to Allow Non-Lawyers to Represent Consumers

Account Recovery

JUDGE GRANTS MTD IN FDCPA CASE FOR LACK OF STANDING There is no doubt that the legal process can be overwhelming and confusing for many consumers. But losing sleep and suffering emotional distress because you think the fight is over before it actually is does not endow that consumer standing to turn around and sue … The post Daily Digest – January 26.

Lawyers 231
article thumbnail

Prepare Your Business Finances Now in Case of a Natural Disaster

Nerd Wallet

Over the last five years, the U.S. has averaged more than 17 major weather or climate-related disasters annually, according to the National Centers for Environmental Information. Hurricanes, wildfires and other natural disasters have great financial costs, including for small-business owners. Among small businesses in FEMA-designated disaster zones that suffered losses after natural disasters, 64% lost.

95
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

Group Sues N.Y. to Allow Non-Lawyer Volunteers to Represent Consumers in Collection Suits

Account Recovery

A company that helps consumers file for bankruptcy protection has filed a lawsuit against the state of New York, alleging that the state is violating the First Amendment of the Constitution by requiring consumers to have a licensed lawyer represent them when defending themselves against debt collection lawsuits. The suit seeks to pave the way … The post Group Sues N.Y. to Allow Non-Lawyer Volunteers to Represent Consumers in Collection Suits appeared first on AccountsRecovery.net.

Lawyers 227
article thumbnail

4 Reasons to Switch to Online Invoicing

Nerd Wallet

For decades, businesses have relied on paper or PDF invoices to get paid, juggling manual processes and slow customer responses. Now, that’s starting to change. Many small-business owners are turning to online invoicing to speed up customer payments. Over the past 10 years, online invoicing has transformed how businesses are billing their clients, with companies.

89
article thumbnail

VITA Programs Help Us Tackle the EITC Participation Gap

Prosperity Now

The Earned Income Tax Credit (EITC) is one of the nation’s largest anti-poverty programs.

98
article thumbnail

What Is Medigap Plan A? What You Need to Know

Nerd Wallet

Medigap Plan A is a Medicare Supplement Insurance plan that covers some of the out-of-pocket expenses associated with Medicare Part A and Part B coverage. Medigap Plan A includes all of the “basics” for Medigap plans — the benefits that every Medigap plan covers. Plan A has lower premiums than some other Medigap options because. Alex Rosenberg writes for NerdWallet.

82
article thumbnail

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?

article thumbnail

6 Best Tax Relief Companies of 2021

Better Credit Blog

Ads by Money. We may be compensated if you click this ad. Ad Best for Small Tax Debt Best for Money-Back Guarantee Best User Experience Best Customer Experience Best for Small Businesses Best for All Businesses Community Tax Anthem Tax Services Optima Precision Tax Relief Tax Defense Network Tax Hardship Center Our Partner Our Partner Our Partner Check Price Check Price Check Price Check Price Check Price Check Price BBB Rating A+ A+ A+ A+ A+ A+ Money-Back Guarantee 14 days 100% money-back guara

article thumbnail

Ask a Travel Nerd: Can I Travel Without a COVID Vaccine?

Nerd Wallet

Between constantly changing entry requirements, mandated quarantines, testing rules and vaccine provisions, traveling during the COVID-19 pandemic isn’t easy. If you’re not vaccinated, it’s even harder. Some countries flat-out don’t admit unvaccinated travelers, while others require a mandatory quarantine and extra tests. If you plan on traveling and aren’t vaccinated, here’s what you need to.

80
article thumbnail

Five Burr Attorneys Named to Lawdragon’s 2022 “500 Leading Bankruptcy & Restructuring Lawyers” List

Burr Forman

Burr & Forman Partners Erich N. Durlacher, Eric S. Golden, Michael L. Hall, David W. Houston IV, and Derek F. Meek have been recognized in the January 2022 issue of Lawdragon’ s “500 Leading Bankruptcy & Restructuring Lawyers” List. Lawdragon says, “The start of the pandemic brought expectations for mountains of commercial bankruptcy work.

Lawyers 52
article thumbnail

How Do Cash-Back Credit Cards Work?

Nerd Wallet

Cash-back credit cards range from straightforward to complex, but each can be rewarding. Every time you use a cash-back credit card to make a qualifying purchase in store or online, it earns a percentage of the amount paid. That means if you spend $500 on a card that earns 1.5% cash back, you’ll earn $7.50. Melissa Lambarena writes for NerdWallet. Email: mlambarena@nerdwallet.com.

67
article thumbnail

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.

article thumbnail

Creating a Secure High-Risk Merchant Account in 2022

Payment Savvy

Along with COVID-19 came a sharp increase in cybercrime. Unfortunately, high-risk merchants are among the most vulnerable to these cyber assaults. As a result, it’s critical for merchants to stay up to speed on the latest developments in merchant account security. Better yet, if you choose a payment provider offering cutting-edge tools and solutions, you can rest assured your high-risk merchant account is evolving to adopt the latest security technology as new threats appear.

Banks 52
article thumbnail

“Pretext” Theory Could Turn Calls Regarding Free Health Care Services into Prohibited Solicitations, District of New Jersey Holds

TCPA

The District of New Jersey recently endorsed the view that calls regarding the availability of free services may plausibly qualify, at the pleadings stage, as “telephone solicitations,” and as such be subject to the Do Not Call prohibition, where the … Continue reading →

article thumbnail

President Biden’s Working Group on Financial Markets Issues Report on Stablecoins

Troutman Sanders

On November 1, the President’s Working Group on Financial Markets (PWG), along with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, issued a “Report on Stablecoins” (Report) that provided background on stablecoins, identified regulatory gaps related to such digital assets, and offered recommendations for addressing those gaps.

Trade 52
article thumbnail

“Pretext” Theory Could Turn Calls Regarding Free Health Care Services into Prohibited Solicitations, District of New Jersey Holds

TCPA

The District of New Jersey recently endorsed the view that calls regarding the availability of free services may plausibly qualify, at the pleadings stage, as “telephone solicitations,” and as such be subject to the Do Not Call prohibition, where the … Continue reading →

article thumbnail

The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders. When done effectively, it can help interpret complex risk environments for leaders and inform their decision-making.

article thumbnail

Indiana Attorney General Reiterates Policy Priority to Pursue Robocallers

Troutman Sanders

Indiana Attorney General Todd Rokita started 2022 by announcing his intention to continue aggressively pursuing robocallers and summarizing the actions taken by his office in 2021. This included calling on the Federal Communications Commission (FCC) to revise its rules to increase accountability, implementing new technologies to shorten the time for the AG to investigate complaints concerning robocalls, and litigating to ensure that consumers are protected against robocalls.

article thumbnail

CFPB request for information on fees imposed by providers of consumer financial products

Public Citizen

The Consumer Financial Protection Bureau today issued a request for information as it considers reducing "exploitative junk fees charged by banks and financial companies." As examples of the fees it is examining, the agency lists "back-end fees might obscure the true cost of a product and undermine a competitive market," such as "resort" or "service" fees added to hotel bills, punitive late fees charged by major credit card companies, and overdraft and non

article thumbnail

House Committee on Financial Services Holding Stablecoins Hearing in February

Troutman Sanders

On January 25, the House Committee on Financial Services announced its hearing schedule for the month of February, which includes a full committee hearing on February 8 at 10:00 a.m. ET on “Digital Assets and the Future of Finance: The President’s Working Group on Financial Markets’ Report on Stablecoins.”. As previously discussed by our colleagues, the President’s Working Group on Financial Markets, along with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Cu

article thumbnail

Businesses Are Transitioning Away from Checks to Digital Payments, Report Shows

NACM

Paper checks continue to be the most popular form of business-to-business (B2B) payment. However, more companies are looking to make the transition toward digital payments than ever before, according to a recent report from the Association for Financial Professionals (AFP).Fewer paper checks are being processed today than reported in 2015, and ACH.

5
article thumbnail

How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.