Thu.Feb 18, 2021

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NCLC Report Spotlights Growing Problem of Unpaid Utility Debts

Account Recovery

A big bill is coming due soon for a lot of people across the country who are likely to end up hearing from debt collectors but are probably not going to be able to repay the debt, according to a report from the National Consumer Law Center. The NCLC’s report did a deep-dive into the … The post NCLC Report Spotlights Growing Problem of Unpaid Utility Debts appeared first on AccountsRecovery.net.

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How to Create a Winning Talent Strategy for Your Dental Practice

Nexa Collect

Running a dental practice isn’t easy. And it isn’t made any easier by the fact that the average dentist has little to no business experience when first starting out. But as any experienced dental office manager can tell you, success always comes down to being able to build the right team to support the dentist and see to the needs of every patient.

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Appeals Court Affirms MSJ Against Debt Buyer in Contract Breach Case

Account Recovery

The Third Circuit Court of Appeals has affirmed a lower court’s ruling in favor of a defendant that was sued by a debt buyer for failing to provide the proper information for accounts that were purchased by the buyer because it did not send its emails to the address noted in the underlying agreement. A … The post Appeals Court Affirms MSJ Against Debt Buyer in Contract Breach Case appeared first on AccountsRecovery.net.

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3 Money Habits to Carry Forward From the Pandemic Era

Nerd Wallet

After a year of financial precariousness for so many, those who have the means may be setting 2021 money resolutions to get back on track. According to a new survey commissioned by NerdWallet and Marcus by Goldman Sachs and conducted online by The Harris Poll among over 3,000 U.S. adults, close to 4 in 5. Erin El Issa writes for NerdWallet. Email: erin@nerdwallet.com.

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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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Acting FTC Chair Outlines Priorities

Account Recovery

Much has been written about how changes at the top of the Consumer Financial Protection Bureau are going to impact the accounts receivable management industry, but there are two other government regulators that also police debt collectors — the Federal Communications Commission and the Federal Trade Commission. And each of those agencies — like the … The post Acting FTC Chair Outlines Priorities appeared first on AccountsRecovery.net.

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MRS Hires Alec Tilley as SVP, Strategy & Operations

Account Recovery

CHERRY HILL, NJ, FEBRUARY 18, 2021 — MRS is pleased to welcome Alec Tilley to the company full time as Senior Vice President of Strategy and Operations. Alec has a long history of success in our industry with over 12 years at ARS and Encore Capital prior to starting his consulting company. Previously, Alec was … The post MRS Hires Alec Tilley as SVP, Strategy & Operations appeared first on AccountsRecovery.net.

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Is IHG Ambassador Status Worth It?

Nerd Wallet

IHG Ambassador status is a niche elite status tier that many travelers have never heard of. It provides exclusive benefits at InterContinental Hotels, plus automatic IHG Rewards Club Platinum Elite status for perks at other IHG brands. Though there aren’t many hotel loyalty programs that offer elite status that you can buy, you still need. Lee Huffman writes for NerdWallet.

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Daily Digest – February 18. Getting to Know Jenny Felts of Professional Account Services; Appeals Court Affirms MSJ Against Debt Buyer

Account Recovery

GETTING TO KNOW JENNY FELTS OF PROFESSIONAL ACCOUNT SERVICES There are countless studies that illustrate the importance of the relationships that a person has with his or her co-workers and managers to that person continuing to work at a company. The affection and admiration that Jenny Felts has for her team at Professional Account Services … The post Daily Digest – February 18.

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The Top Five Things Lenders Need to Know About Florida’s Construction Lien Law

Jimerson Firm

Florida’s Construction Lien Law found in Chapter 713, Florida Statutes, may seem like an area of the law that is only relevant to contractors and property owners. However, there are important aspects of the Construction Lien Law that can directly affect the rights and obligations of lenders in numerous ways. Although Florida’s Construction Lien Law “has long been recognized as an outstanding example of inept legislative endeavor, perplexing alike the bench and bar, contractors, owners, materialm

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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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Getting to Know Jenny Felts of Professional Account Services

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Jenny Felts of P

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How To Remove FirstPoint Collections from Your Credit Report

Better Credit Blog

Have you missed a few payments on one or more of your bills? You may start getting calls from a debt collector. Failing to pay your bills will cause the debt to move to collections. This means that your original creditor has officially handed the account over to a collection agency that will hound you for payments. One such debt collector that you may hear from is called FirstPoint Collections.

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Average Unpaid Small Business Debts rise by £173k

UK debt collections

New research from Sage, has highlighted the impact of the Covid-19 pandemic with the average SME business now burdened with £173,000 additional debt per year. Ahead of the UK’s 2021 Budget and Economic Recovery Plan, the research highlights the tough conditions that will be facing small and medium-sized businesses (SMEs) well into the second half of 2021.

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To Stand Apart, Digital Banking Services Pile on the Perks

Nerd Wallet

New banking players are redefining what a checking account looks like. Financial technology, or fintech, companies in banking — often called neobanks — typically offer mobile-focused accounts with eye-catching features, generally do without branches, and partner with banks since many don’t have banking licenses of their own. From 2018 to 2020, neobanks skyrocketed from 60.

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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?

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Remote Work The New Normal: SIFMA Proposes Broad Rule Revisions

Burr Forman

The Securities Industry and Financial Markets Association (“SIFMA”) recently proposed sweeping modernization of industry self-regulatory rules to reflect firms’ successful pivot to remote operations over the past year. SIFMA suggests significant remote work likely will continue, even after the COVID-19 “pilot program.”. SIFMA proposed a “location agnostic” overhaul of the Rules in its February 16 comment letter in response to FINRA’s call for “lessons learned” during the COVID-19 pandemic.

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How to Use Chase Offers to Save More Money

Nerd Wallet

If you have a Chase card and you’re not taking advantage of Chase Offers, you’re missing out on a chance to save money. This service is available for most Chase cardmembers and is simple to use — it’s a great way to get discounts on purchases you’re already planning to make. Here’s what you need to. Natasha Gabrielle writes for NerdWallet. Email: travel@nerdwallet.com.

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COVID-19 Banking Checklist: 5 Risk Recommendations

Fico Collections

Against a backdrop of uncertainty and financial instability, the importance of banks and the role they play at both a local and global economic level has never been higher. Retail consumers, small and medium enterprises, and commercial entities are looking to banks for increasing levels of support and assistance, especially as government-introduced stimulus programs start to mature and expire around the globe.

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Pool Loan Calculator: See Your Monthly Payments

Nerd Wallet

Once you have a solid cost estimate for your new pool and you’ve decided to finance it with a loan, the next step is to figure out your monthly payments so you can budget for them. Enter a loan amount, repayment term, and estimated APR to see how much you might pay each month and. Annie Millerbernd writes for NerdWallet. Email: amillerbernd@nerdwallet.com.

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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.

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How To Remove BYL Collection Services From Your Credit Report

Better Credit Blog

It’s all too easy to miss a payment on one of your accounts and put it on the backburner for later. Unfortunately, a simple mistake can have some severe repercussions for your credit. When your debt goes into collections, it’s important to straighten things out quickly. If BYL Collections has been contacting you, the information below can help you move forward.

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Underrated Reasons Why You Need an Orbitz Rewards Visa Card

Nerd Wallet

If you’re a travel enthusiast or have ever booked a hotel stay online, then you’ve probably come across the virtual booking platform, Orbitz. The company’s loyalty program, Orbitz Rewards, offers plenty of travel benefits, many of them well-known. But did you know that you can get even more value out of your Orbitz bookings by. Alisha McDarris writes for NerdWallet.

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Another Court Rejects Threadbare Allegations of So-Called Vicarious Personal Jurisdiction

TCPA

The District of Arizona recently dismissed Winters v. Grand Caribbean Cruises, Inc., No. 20-0168, 2021 WL 511217 (D. Ariz. Feb.

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Your Guide to Earning Radisson Rewards

Nerd Wallet

International travelers may be familiar with Radisson Rewards and its wide range of brands with over 1,100 hotels. Radisson Blu, for example, is a familiar name in parts of Europe and Africa. Americans might know the Radisson name, but they may not realize that Radisson Rewards includes seven brands at every price point — which. Ramsey Qubein writes for NerdWallet.

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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.

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Will BIM Become the Standard in the USA?

NACM

Construction projects around the world have been, and are continually being revolutionized by the techniques of Building Information Management, or BIM. The benefits of BIM in the realms of architecture, engineering, and construction are multifaceted, from improvements in speed and efficiency to reducing materials wasted and increasing safety. Thes.