Account Recovery
MAY 22, 2023
The Federal Communications Commission is poised to expand its rules for blocking robocalls and junk texts at its June meeting, giving consumers more choice in deciding which types of calls and texts they receive, while also closing “loopholes” that allow callers to make robocalls and send robotexts without consent and without giving consumers the ability …
Consumer Finance
MAY 22, 2023
Today, the Consumer Financial Protection Bureau (CFPB) reached a settlement to resolve CFPB’s allegations that Citizens Bank violated consumer financial protection laws and rules that protect individuals when they dispute credit card transactions.
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Account Recovery
MAY 22, 2023
The Massachusetts Division of Banks has assessed a $500,000 fine and ordered a company to stop engaging in any activity that requires licensing or registration until the company has obtained the proper licensing or registration after finding that it was operating without the proper license in the state.
Credit Corp
MAY 22, 2023
Your credit score may have dropped if you applied for a new card or line of credit or were late on payments or there was fraudulent behavior on your account, among other reasons. You check your credit score routinely, but one day, surprised, yougasp at the number, wondering, “Why has my credit score suddenly dropped!?” Don’t panic—there are a multitude of reasons why.
Speaker: Victor C. Barnes, CPA, MBA
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
Account Recovery
MAY 22, 2023
JUDGE GRANTS MTD IN FDCPA CASE OVER MULTIPLE ADDRESSES IN LETTER In a case that was defended by the teams at Martin Lyons Watts Morgan and Lippes Mathias, a District Court judge in New Jersey has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling that including two different addresses …
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
MAY 22, 2023
I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.
On Guard
MAY 22, 2023
October is security month at Visma, but online safety should happen all year round. We are discussing Red Teams and how they help to make the internet a safer place for everyone. With the high increase in cyber crime all over the world, many people and organisations are worried about becoming the next victim. In order to protect yourself, you’ll need to ask a fundamental question: how exactly can cyber criminals attack you?
Account Recovery
MAY 22, 2023
In a case that was defended by the teams at Martin Lyons Watts Morgan and Lippes Mathias, a District Court judge in New Jersey has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling that including two different addresses on a debt collection letter would not confuse a least sophisticated …
FFGN COLLECT NY
MAY 22, 2023
Summons and complaints are the most important pleadings filed in debt collection litigation, which makes properly drafting summons and complaints incredibly important. A summons is a notice to the debtor that the creditor is filing a lawsuit against them. The complaint is the meat. It is where the creditor outlines the “legal cause of action” for the claim(s) the creditor has.
Speaker: Kim Beynon, CPA, CGMA, PMP
The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.
Jimerson Firm
MAY 22, 2023
Florida law allows for a private cause of action for a party’s violation of the Florida Building Code (the “Code”). See 553.84 of the Florida Statutes. There is no requirement for a party to have contact in order to bring a claim for a building code violation, thus, allowing a subsequent purchaser to bring a claim against the party that committed that violation.
CICM
MAY 22, 2023
Vice Media file for bankruptcy Vice Media is an American-Canadian broadcaster that was once worth £5 Billion. Now, they are close to filing bankruptcy and a group of lenders look to take over Vice Media group for £180 Million for a meagre 3.6% of it’s billions of pounds valuation, six years ago. The Media giant faces closure of ‘Vice News Tonight’, which could result in massive redundancies to its workforce.
Collection Industry News
MAY 22, 2023
The Federal Trade Commission has stopped a pair of student loan debt relief schemes that it says bilked students out of approximately $12 million by using deceptive claims about repayment programs and loan forgiveness that did not exist. The agency alsosays the companies falsely claimed to be or be affiliated with the Department of Education and told students that the illegal payments the companies collected would count towards their loans.
AGA
MAY 22, 2023
AGA is a global B2B collection agency. In 2016, we first got involved in the cannabis market and there was very little business for collection agencies. Why? Because for there to be a collection need, a grower, manufacturer, producer, wholesaler, or distributor must extend credit, and in 2016 the market operated 99% in cash. Fast forward to 2023, and boy have things changed.
Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage
There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.
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