Thu.May 11, 2023

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Daily Digest – May 11. Getting to Know Alice Ludwig of Vengroff Williams; Fla. Appeals Court Rules Concrete Injury Required for Standing

Account Recovery

GETTING TO KNOW ALICE LUDWIG OF VENGROFF WILLIAMS Alice Ludwig has won the AccountsRecovery.net monthly Caption Contest more than anyone else — she is the only four-time winner.

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Don’t Send Just Flowers on Mother’s Day—Support Moms with Paid Leave!

Prosperity Now

Every year on Mother’s Day I send my mom flowers—just like millions of other people across the country.

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CFPB Issues Warning About Re-Opening ‘Fake’ Accounts

Account Recovery

Banks beware — you may think you are doing something nice for a consumer when you re-open a closed account so that a deposit or withdrawal can be made and save the consumer from potential issues, but you are likely breaking the law, the Consumer Financial Protection Bureau warned yesterday in a newly published circular.

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Hosted Payment Page Options from No Code to Low-Code

PDC Flow

Customers expect companies to offer online payments. If your organization doesn’t accept online payments (or your online page is confusing, outdated, or doesn’t match your website) your business is losing money. Hosted payment pages are now a must for any company that wants to: Stay competitive Make paying easier for customers Save staff time by reducing manual work Bring in money even when your business is closed What is a Hosted Payment Page?

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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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Florida Appeals Court Rules Concrete Injury Required for Standing, Receiving One Text Message Not an Injury

Account Recovery

In a case that was first highlighted at TCPAWorld.com, a Florida state appeals court has ruled that state courts in The Sunshine State have the same Article III concrete harm thresholds that federal courts do, and that the receipt of one unwanted text message is not enough for a plaintiff to have standing to sue.

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Getting to Know Alice Ludwig of Vengroff Williams

Account Recovery

Alice Ludwig has won the AccountsRecovery.net monthly Caption Contest more than anyone else — she is the only four-time winner. That’s impressive enough, but that is just the tip of the iceberg (which she will probably see during her Alaskan cruise in July) to what makes her special. Read on to learn more about Alice, … The post Getting to Know Alice Ludwig of Vengroff Williams appeared first on AccountsRecovery.net.

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When Can I Send a Non-Paying Tenant to Collections?

Taurus Collect

For landlords and property owners, dealing with non-paying tenants can be one of the most difficult challenges they’ll face. When faced with a tenant who is continually late or fails to pay their rent on time, many landlords are unsure of what their next steps should be. Not knowing whether to issue warnings, take legal action or try other methods for collecting unpaid rent can make the situation even more challenging.

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Judge Remands Hunstein Case Back to State Court After Both Sides Try to Keep it Federal

Account Recovery

That a District Court judge in New Jersey has remanded a Hunstein class-action case back to state court after ruling the plaintiff lacked standing is not a man-bites-dog type of story, but what makes this case slightly more unusual than the run-of-the-mill Hunstein cases that have been filed is that the both the plaintiff and … The post Judge Remands Hunstein Case Back to State Court After Both Sides Try to Keep it Federal appeared first on AccountsRecovery.net.

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6 Resources Debt Collection Agencies Can Use To Find You

Taurus Collect

If you have a credit or debt-related problem, it’s likely that a debt collection agency could come into the picture. In fact, most creditors and lenders will use a third party to follow up on outstanding accounts as soon as they become past due. That’s why understanding the resources these agencies can access to find you is so important. Fortunately, we’ve compiled an exhaustive list right here with everything you need to know!

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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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SEC Record Retention Enforcement Actions

Troutman Sanders

Please join Troutman Pepper Partners Chris Willis and Kim Phan for an in-depth discussion about the Securities and Exchange Commission’s (SEC’s) recent record retention enforcement actions. Chris and Kim explore the uptick in enforcement actions over the last year, the claims made in these cases, the SEC-imposed requirements and penalties on these companies, what we can expect going forward from the financial services regulators, and what financial institutions should do now to get ahead of thes

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Understanding Visa Rules

Payment Savvy

Visa is a global payment technology company that provides electronic payment solutions to financial institutions, merchants, and consumers. It is one of the most widely accepted payment methods around the world. Visa has a set of rules and regulations that govern the use of its payment network, and these rules and regulations are subject to change from time to time.

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Free Debt Collection Worksheet

Debt Collection Answers

Use our free debt collection worksheet to keep track of all your interactions with debt collectors. Print out several copies and keep them handy. This worksheet is a PDF file. You can either open it and print it or save it to your computer. Download our free debt collection worksheet here As we explain in our ebook Debt Collection Answers, keeping good records every time you talk with a debt collector is essential.

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Interest rates in the UK rise again: How will this affect you?

CICM

As your professional body, we are aware of the recent increase in interest rates in the UK. The Bank of England has raised the base interest rate to 4.5% to tackle inflation. This is the 12th consecutive increase since December 2021, and it has increased by 0.25% percentage points today (Thursday, 11th May). As a Credit professional, you understand the implications of this rate hike on the economy and individuals.

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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?