Account Recovery

AUGUST 24, 2021

Continuing its spree of acquisitions in 2021, Ontario Systems yesterday announced it had purchased Katabat, the maker of a collection software platform. Terms of the deal were not disclosed. The deal marks the second for Ontario Systems this year and the third in the past 18 months, following the acquisition of Pairity earlier this year … The post Ontario Systems Continues Buying Spree With Katabat Acquisition appeared first on AccountsRecovery.net.

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Nerd Wallet

AUGUST 24, 2021

If you’ve amassed multiple forms of debt, like credit cards, medical bills or personal loans, you might be considering consolidating. Debt consolidation is when you combine your debts into one payment, usually with a consolidation loan. Not only does this simplify your debt, but if you qualify for a low enough rate, you can pay. Jackie Veling writes for NerdWallet.

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Account Recovery

AUGUST 24, 2021

While the number of lawsuits against companies in the accounts receivable management industry continued to decline, the individuals who are filing more than one lawsuit is on the rise, according to data released recently by WebRecon. The number of suits alleging violations of the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, and … The post Lawsuits Down, But Repeat Filers Keep Busy: WebRecon appeared first on AccountsRecovery.net.

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Nerd Wallet

AUGUST 24, 2021

In the midst of the coronavirus pandemic, many Americans have been able to tuck away more cash than ever before. And though consumer spending has now surpassed pre-pandemic levels, some Americans will still have a net gain in savings. For several months in 2020 and 2021, Americans were able to save more of their income. Elizabeth Renter writes for NerdWallet.

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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

AUGUST 24, 2021

ONTARIO SYSTEMS CONTINUES BUYING SPREE WITH KATABAT ACQUISITION Continuing its spree of acquisitions in 2021, Ontario Systems yesterday announced it had purchased Katabat, the maker of a collection software platform. Terms of the deal were not disclosed. The deal marks the second for Ontario Systems this year and the third in the past 18 months, … The post Daily Digest – August 24.

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Account Recovery

AUGUST 24, 2021

Where employers continue to back away from offering health insurance to their employees, the government is stepping in to pick up the slack, according to data released yesterday detailing the number of adults in the United States who do not have health insurance. The rate of uninsured adults held steady at 11% through the first … The post Number of Uninsured Adults Remains Same, But Where They Are Getting Insurance Shifts Dramatically appeared first on AccountsRecovery.net.

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Nerd Wallet

AUGUST 24, 2021

Directors and officers insurance, also called D&O liability insurance, protects a company’s leadership from financial losses resulting from business-related lawsuits. It covers claims made against them while they’re sitting on the board of directors or acting as officers of the company. Leadership can be held responsible for business failures and potentially implicated in claims against.

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Account Recovery

AUGUST 24, 2021

Is there a way for a debt collector to structure a collection letter to make it appear that it is mandatory for the consumer to dispute the debt? Or that disputing a debt and making a payment are mutually exclusive? In a case that was defended by Rick Perr of Kaufman Dolowich & Voluck, a District … The post Judge Grants MSJ in FDCPA Case Over Disclosure in Letter appeared first on AccountsRecovery.net.

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Debt collector Collections 246

Nerd Wallet

AUGUST 24, 2021

Emirates offers one of the most luxurious commercial flight experiences in the world in its first class cabin. Premium cabin travelers can expect an enclosed suite, top-of-the line drink and food options and, on certain planes, bars and showers. Here’s how to book Emirates first class with points or miles and what to expect on. Josh Garber writes for NerdWallet.

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Collections

True Accord

AUGUST 24, 2021

On July 28, the debt collection advisory committee of the California Department of Financial Protection and Innovation (DFPI), whose mission is to better protect California consumers, promote responsible innovation, reduce regulatory uncertainty for emerging financial products and increase education and outreach to vulnerable groups, held its inaugural meeting.

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Nerd Wallet

AUGUST 24, 2021

If you’re a homeowner in Pennsylvania, you’ll typically pay a lot less than the national average for home insurance. At an average of $801 per year, home insurance in Pennsylvania costs just more than half of the $1,585 national average. NerdWallet analyzed rates from 12 different insurers in the state to determine the best homeowners. Doug Sibor writes for NerdWallet.

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PDC Flow

AUGUST 24, 2021

Nobody’s perfect. Human error should be an expected occurrence in any organization. Sometimes, though, that error can cost your company money, time and resources to correct. That’s why managers and business owners are turning to payment management software to help keep things organized. PDCflow’s organizational hierarchy keeps consumer payment details in order and allows company administration to control staff access to sensitive information.

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Nerd Wallet

AUGUST 24, 2021

If you own a high-risk business — for example one that processes foreign currency, or is in an industry with traditionally high chargeback or fraud rates — it can be challenging to find a merchant services provider who will do business with you. Host Merchant Services works with high-risk businesses, and offers many services like. Nina Godlewski writes for NerdWallet.

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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?

Banks

Credit Corp

AUGUST 24, 2021

This article originally appeared on The Financially Independent Millennial and was republished with permission. The views and opinions expressed in this article are those of the author only and are not endorsed by Credit.com. After months of overworking, you may find yourself dreaming of a family vacation or a weekend trip with friends. Vacation loans can help you cover all expenses, from transportation costs to accommodations and food.

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Loans Personal loans Credit Unions Credit Unions 98

Nerd Wallet

AUGUST 24, 2021

The more credit cards you carry, the more complicated your collection of rewards points can become. Some issuers allow you to combine your credit card points, making it possible to consolidate accounts, share points with others and gain access to additional redemption options. Choosing how to manage your points can be a big decision, and. Sara Rathner writes for NerdWallet.

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Better Credit Blog

AUGUST 24, 2021

You probably hear all the time about how important a good credit score is. You’ve likely also heard that a good credit score is essential to getting a mortgage, or a good deal on a personal loan for a car. But what exactly is your credit score, anyway? And what even constitutes a “good” credit score range? How is this calculated, and why is it so important?

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Nerd Wallet

AUGUST 24, 2021

State Farm offers a variety of business insurance policies, from standard coverage like commercial auto insurance to specialized coverage like nonprofit directors and officers insurance. State Farm may be a good choice for your business if you prefer a human touch. State Farm insurance policies are sold by a nationwide network of State Farm insurance.

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Auto Insurance 97

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Collections

Burr Forman

AUGUST 24, 2021

Nicholas Agnello was quoted in an August 11, 2021 article for American Banker discussing a new mortgage servicing rule from the Consumer Financial Protection Bureau (CFPB) going into effect August 31 to help servicers navigate a potential flood of defaults and modification requests as foreclosure moratoriums expire and forbearance plans begin expiring in September.

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Foreclosure Financial services Banks 52

Nerd Wallet

AUGUST 24, 2021

Chase added Air Canada Aeroplan as its newest Ultimate Rewards® point transfer partner earlier this summer. If you have an eligible Chase credit card, you can now transfer Ultimate Rewards® to Aeroplan at a 1:1 ratio. This new partnership is great news for Chase cardholders — even if you aren’t planning to fly Air Canada. JT Genter writes for NerdWallet.

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Fico Collections

AUGUST 24, 2021

As a fraud professional, you may feel as though your organization walks a tightrope, balancing minimal customer friction with maximum risk mitigation. The challenge is magnified in today’s fast-paced multi-channel environment, where, for example, a customer may be asked to verify a point-of-sale card transaction flagged as fraudulent, only to be forced to jump through multiple authentication hoops when they check their mobile banking app immediately afterward, just to make sure their credit card

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Nerd Wallet

AUGUST 24, 2021

For well over a year now, Americans have been weathering a pandemic and all of the related economic effects. And while it isn’t over yet, a new survey from NerdWallet indicates that at least some Americans’ personal finances are inching back to a more stable place. The survey of more than 2,000 U.S. adults, conducted. Elizabeth Renter writes for NerdWallet.

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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.

On Guard

AUGUST 24, 2021

The data and knowledge that financial professionals have is becoming increasingly important for entire organisations. Certainly now that there is more risk in the market, organisations are making choices based on what their financials show. As CFO, you are the designated person to build the bridge between the finance department and the rest of the organisation.

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Nerd Wallet

AUGUST 24, 2021

The Oportun Visa Credit Card, issued by WebBank, is one of just a handful of credit cards that can facilitate a path to credit for those with no credit history. It officially became available in most states as of August 2021, after a pilot period. As of this writing, the card was not available in. Melissa Lambarena writes for NerdWallet. Email: mlambarena@nerdwallet.com.

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Troutman Sanders

AUGUST 24, 2021

Like most industries today, Consumer Finance Services businesses are being significantly impacted by the novel coronavirus (COVID-19). Troutman Pepper has developed a dedicated COVID-19 Resource Center to guide clients through this unprecedented global health challenge. We regularly update this site with COVID-19 news and developments, recommendations from leading health organizations, and tools that businesses can use free of charge.

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Nerd Wallet

AUGUST 24, 2021

The Hartford is a publicly traded insurance company headquartered in Hartford, Connecticut. In the small-business realm, the company stands out for its flexible, customizable business owners policy. Many insurers only include general liability and property insurance under a business owners policy, but The Hartford’s includes business interruption insurance.

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Trade 90

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