Account Recovery

DECEMBER 17, 2020

GETTING TO KNOW STEVEN KUSIC OF NRA GROUP Steven Kusic is likely the first Isaac Newton-reading tax specialist who has participated in the “Getting to Know” series, but that is just the tip of the iceberg for the CEO of NRA Group. Read on to learn more about Steven and why you’re likely to find … The post Daily Digest – December 17. Getting to Know Steven Kusic of NRA Group; The ROI That Training Can Offer a Collection Agency appeared first on AccountsRecovery.net.

Collection Agencies 246

Collection Agencies Collections Agency Collections 246

Nexa Collect

DECEMBER 17, 2020

Credit Unions must (seriously) reinvent their brand for millennials to compete for account deposits and financial services. Millennials are such a vital generation for financial service providers to address, not only because many of them are now coming into sizable personal income and surpluses through jobs and inheritance, but millennials are distinctive in their fluent use of technology and their outlook on finances, economy, family life and careers.

Credit Unions 130

Credit Unions Credit Unions Financial Institution Financial services 130

Account Recovery

DECEMBER 17, 2020

The Supreme Court yesterday agreed to hear arguments in a Fair Credit Reporting Act case that will answer the question of whether every member of a class must have Article III standing in order to recover damages, which could significantly impact the future of class actions across the country, according to legal experts. A date … The post Supreme Court to Hear Arguments in FCRA Class Action Over Standing appeared first on AccountsRecovery.net.

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Nerd Wallet

DECEMBER 17, 2020

You probably need life insurance if your death would cause financial hardship to someone else. If the only coverage you have is through your job, though, you may not have enough. Fortunately, buying life insurance has gotten easier in some ways during the pandemic. Plus, coverage may be cheaper than you think. The rising COVID-19. Liz Weston 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

DECEMBER 17, 2020

The “Getting to Know” series is sponsored by Arbeit. Arbeit is a powerful, and easy to use communications platform that empowers businesses to reach more consumers. Innovative by nature, we are constantly listening to and understanding the businesses we partner with and developing long term industry relationships that allow us to be proactive in anticipating … The post Getting to Know Steven Kusic of NRA Group appeared first on AccountsRecovery.net.

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Account Recovery

DECEMBER 17, 2020

Inside a collection agency, training is often looked at as a necessary evil, an expense, and sometimes a big one at that. But there is another, more positive way to look at training. Training better collectors usually leads to recovering more money, and, sometimes more importantly, facing fewer lawsuits. Calculating the return on investment that … The post The ROI That Training Can Offer a Collection Agency appeared first on AccountsRecovery.net.

Collection Agencies 189

Collection Agencies Collections Agency Collections 189

Consumer Finance

DECEMBER 17, 2020

On December 18, 2020, the Consumer Financial Protection Bureau issued a final rule to implement Fair Debt Collection Practices Act (FDCPA) requirements regarding certain disclosures for consumers.

Fair Debt Collection 92

Fair Debt Collection Collections 92

Account Recovery

DECEMBER 17, 2020

The collections industry continues to contract and 2020 was a tough year for a lot of companies, but there may be brighter days on the horizon, according to a report released yesterday by TransUnion. The credit reporting agency, in partnership with Aite Group, released a report that predicted the number of collection accounts is expected … The post Report Projects More Collection Activity in 2021 appeared first on AccountsRecovery.net.

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Collections 162

Nerd Wallet

DECEMBER 17, 2020

Travel can be expensive. Insurance protects your vacation investment if the unexpected occurs. But is travel insurance worth it? The answer will depend on whether your trip is refundable, where you’re going, whether you’ll have health coverage at your destination and how much coverage you already get from your credit card. Here are some key. Lee Huffman writes for NerdWallet.

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Collections

Account Recovery

DECEMBER 17, 2020

The Eleventh Circuit Court of Appeals has upheld the dismissal of a Telephone Consumer Protection Act class-action lawsuit for lack of standing after a plaintiff alleged the defendant sent her a pre-recorded messaging using ringless voicemail. A copy of the ruling in the case of Grigorian v. FCA US can be accessed by clicking here. … The post Appeals Court Affirms Dismissal of TCPA Suit Over Ringless Voicemail appeared first on AccountsRecovery.net.

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Nerd Wallet

DECEMBER 17, 2020

NerdWallet offers more than just a free credit score — you also get explanations of what’s influencing your score, ideas for how you can build credit and personalized insights to inspire your next actions. Not only that, your free NerdWallet account also unlocks a way to track your cash flow, see your net worth, stay. NerdWallet writes for NerdWallet.

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Consumer Finance

DECEMBER 17, 2020

On December 18, 2020, the Consumer Financial Protection Bureau issued a consent order against Seterus, Inc. and Kyanite Services, Inc., as Seterus’s successor in interest, based on the Bureau’s finding that Seterus violated the Consumer Financial Protection Act of 2010 and Regulation X.

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Foreclosure 64

Nerd Wallet

DECEMBER 17, 2020

The Alliant Visa® Platinum Credit Card is a basic balance transfer card that can help those who want to transfer debt from one card to another. Its $0 annual fee and introductory APR period can make it a good option for paying down debt without interest. But beyond its interest-free window, the card’s lack of rewards means that. Funto Omojola 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

Fico Collections

DECEMBER 17, 2020

If you’re like me, maybe you were confused when you read “ The Crucible” by Arthur Miller in 10th grade English. What exactly was “the crucible?” I thought it was something we used in chemistry lab. That said, my 2021 fraud predictions have nothing to do with witchcraft – although 2020 has certainly conjured unprecedented challenges – and everything to do with the metaphorical crucible, “a place or situation in which concentrated forces interact to cause or influence change or development.

Financial Institution 59

Financial Institution Banks 59

Nerd Wallet

DECEMBER 17, 2020

A rich grocery store benefit on both the Chase Freedom Flex? and the Chase Freedom Unlimited® now has an expiration date. Until Jan. 13, 2021, new cardholders can still earn 5% cash back at grocery stores (excluding Target and Walmart) on up to $12,000 in spending in the first year. But after that date, the perk. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com.

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Fico Collections

DECEMBER 17, 2020

Cryptocurrency exchange rates have skyrocketed in the past month. As digital currencies grow, criminals are taking advantage of the emerging technology. According to a recent report , the total of cryptocurrency related frauds and thefts stands at a staggering $7.69b. This includes $2.8 billion lost in exchange theft and security breaches, and $4.8 billion of losses stemming from fraud, scams, and misappropriation of funds.

Banks 52

Banks Credit Unions Credit Unions Financial Institution 52

Nerd Wallet

DECEMBER 17, 2020

When you think of all-inclusive resorts, you probably think of unlimited drinks and food, tropical beaches and large pools filled with partiers and families. Travelers often have strong feelings about all-inclusive resorts — some love not having to worry about paying for anything while on vacation, and others prefer to use their hotel room only. Josh Garber writes for NerdWallet.

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Collections

Troutman Sanders

DECEMBER 17, 2020

The Fair Credit Reporting Act (“FCRA”) permits consumers to dispute the details of their credit reports. In Johnson v. US Bank Mortg., et al. , No. 20-cv-3433, 2020 U.S. Dist. LEXIS 216894 (N.D. Ill. Nov. 19, 2020), the Plaintiff, Tonya L. Johnson (“Johnson”), brought suit against US Bank Home Mortgage (“US Bank”) and a national credit reporting agency, under the FCRA, alleging that US Bank failed to conduct a reasonable investigation into her claims that US Bank improperly changed the dates it

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Banks Trade Creditors Loans 52

Nerd Wallet

DECEMBER 17, 2020

Frequent travelers know that the only thing better than a well-thought-out trip to a dream locale is a well-thought-out trip that you booked on a bargain. While it’s certainly possible to save money utilizing hotel and airline points — or perhaps by taking advantage of last-minute travel deals — booking through third-party travel search engines. Rachel Morgan Cautero writes for NerdWallet.

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Better Credit Blog

DECEMBER 17, 2020

If you’ve had banking problems in the past, like unpaid overdraft fees or bounced checks, you may have a hard time opening a new checking account. Today, most banks look into your banking history, using consumer reports to determine whether or not to accept your application. Fortunately, some banks have second chance checking accounts for individuals with less-than-stellar banking histories.

Credit Unions 52

Credit Unions Credit Unions Banks 52

Nerd Wallet

DECEMBER 17, 2020

This article provides information and education for investors. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. You don’t need to move to Texas and buy a well to start investing in oil. You don’t even need a lot of money. Alana Benson writes for NerdWallet.

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Education 67

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.

Burr Forman

DECEMBER 17, 2020

BIRMINGHAM, Ala., December 17, 2020 – Burr & Forman LLP announces the addition of Birmingham-based associate Cayman Caven and Jacksonville-based associate Devin Dudley. Caven joins the firm’s Labor and Employment practice group and Dudley joins the firm’s General Commercial Litigation practice group. Prior to joining Burr & Forman, Cayman practiced as an in-house attorney at a large, privately owned company operating in the construction industry, providing her with experience in employme

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Construction Bankruptcy Government 40

Nerd Wallet

DECEMBER 17, 2020

Wave is financial management software that enables companies to manage their bookkeeping, accounting and invoicing for free. The software is designed for small-business owners, especially those with service-based business models, and currently serves millions of customers. Wave (from Wave Financial, which was acquired in 2019 by H&R Block) also offers paid services such as payment.

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Public Citizen

DECEMBER 17, 2020

48 consumer, civil rights, and public interest groups just submitted detailed comments to the Consumer Financial Protection Bureau’s on how to improve enforcement of the prohibitions against discrimination in the extension of consumer credit under the Equal Credit Opportunity Act and its regulations. Read about it here.

Consumer Credit 40

Consumer Credit 40

Nerd Wallet

DECEMBER 17, 2020

The Alliant Visa® Platinum Credit Card is a basic balance transfer card that can help those who want to transfer debt from one card to another. Its $0 annual fee and introductory APR period can make it a good option for paying down debt without interest. But beyond its interest-free window, the card’s lack of rewards means that. Funto Omojola writes for NerdWallet.

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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.

Credit Unions