Tue.Jun 21, 2022

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Groups Meet with FCC to Discuss How Blocked Calls Will be Coded

Account Recovery

Last week, representatives from a number of trade associations, including ACA International, held a meeting with individuals in the Consumer and Governmental Affairs Bureau of the Federal Communications Commission to lobby for the adoption of a special code that would provide companies with immediate notifications of calls that were blocked via analytics-based algorithms.

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Five Ways for Freelancers to Save Money

Enterprise Recovery

With the federal reserve raising interest rates for the first time in nearly 30 years, economists are expecting a slow down in business growth. They've been talking about a recession for a few years now but then we were hit with a pandemic that shook up everything from the supply chain to the location of the workforce. If you are growing a freelance business, you're likely concerned about what to do if your own business slows down.

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Daily Digest – June 21. Complaint Accuses Collector of Texting Mother About Daughter’s Debt; Mediation Program Dropping Caseload in One Texas Court

Account Recovery

COMPLAINT ACCUSES COLLECTOR OF TEXTING MOTHER ABOUT DAUGHTER’S DEBT A collection agency is being sued for allegedly violating the Fair Debt Collection Practices Act because it sent a text message to the plaintiff’s mother — who also had an account placed with the defendant — with the daughter’s name after the mother made a payment … The post Daily Digest – June 21.

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CFPB Initiates Review of Credit Card Company Penalty Policies Costing Consumers $12 Billion Each Year

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) is taking the first step toward addressing credit card company penalty policies costing consumers $12 billion each year, starting by looking at excessive late fees. In an Advance Notice of Proposed Rulemaking published today, the CFPB asks for information on the Federal Reserve Board of Governors’ 2010 immunity provision for excessive late fees that allows credit card companies to escape enforcement scrutiny.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

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.

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Demo Day Presentations Offer Insights From Actual Customers

Account Recovery

References are an essential component to any screening process. Whether it’s considering someone for employment or looking at something to buy, we all use references. We call former employers, we read the reviews submitted by people who purchased the same items, we talk to friends about their experiences. Hearing about someone or something from somebody … The post Demo Day Presentations Offer Insights From Actual Customers appeared first on AccountsRecovery.net.

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Mediation Program Drops Caseload for Judges in One Texas County, Wins Them Award

Account Recovery

A Texas County’s approach to handling an “exploded” number of debt collection cases as a result of the COVID-19 pandemic has improved resolution rates before cases get to a judge and netted the county an achievement award from the National Association of Counties, according to a published report. Justices of the Peace in Lubbock County, … The post Mediation Program Drops Caseload for Judges in One Texas County, Wins Them Award appeared first on AccountsRecovery.net.

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The Guide to Capital One Transfer Partners

Nerd Wallet

Unlike co-branded credit cards, transferable point currencies give cardholders the ability to convert their points to a number of different travel partners. Among the available options, Capital One has been doing its best to become competitive with other transferable point currencies by beefing up its partnerships. This shows, with more favorable transfer ratios and a.

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Complaint Accuses Agency of Texting Mother About Daughter’s Debt

Account Recovery

A collection agency is being sued for allegedly violating the Fair Debt Collection Practices Act because it sent a text message to the plaintiff’s mother — who also had an account placed with the defendant — with the daughter’s name after the mother made a payment on her own account. A copy of the complaint … The post Complaint Accuses Agency of Texting Mother About Daughter’s Debt appeared first on AccountsRecovery.net.

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HSAs and Medicare: What You Need to Know

Nerd Wallet

Health savings accounts, or HSAs, can be a useful savings tool for people with high-deductible health plans. But once you’ve enrolled in Medicare, you can no longer contribute to an HSA. This can get tricky, so it’s helpful to understand how it works. HSAs are tax-advantaged accounts that let you save and use pretax money. Kate Ashford writes for NerdWallet.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

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.

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International Business late payment rise predicted for Europe

UK debt collections

International Business late payment is expected to rise across Europe according to latest research. A survey conducted by Intrum AB of 11,000 European companies predicts that Businesses are expecting late payments to rise. The rise is expected due to rising inflation, fuel costs and interest rates. The 24th edition of the European Payment Report (EPR) clearly illustrates the multi-faceted challenges that businesses across Europe are facing. “ Europe is going through an eventful and challe

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Are SBA Loans Personally Guaranteed?

Nerd Wallet

A personal guarantee is a legal agreement between you and a lender that holds you personally responsible for your business’s debt in case of default. If your business can’t repay the loan, the lender can seize your personal assets to cover the debt and recoup its losses. Many lenders require a personal guarantee because it. Randa Kriss writes for NerdWallet.

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City of Detroit Faces Lawsuits Over Adult-Use Recreational Licenses

Fraser

Following the Detroit City Council’s vote on the revised ordinance to allow adult-use recreational cannabis sales, multiple medical marijuana companies have filed suit against the city over the licensing program. JARS Cannabis and House of Dank, two companies that own medical marijuana dispensaries licensed in Detroit, are suing the City of Detroit over the revised ordinance claiming that the new law would signal the end for existing medical marijuana facilities already in the area.

Retail 59
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Why Marriott Late Checkout Can Be Game-Changing for Some Trips

Nerd Wallet

Late checkout can really make a difference whether you have a late flight or just want to squeeze in another day of sightseeing before heading home. However, late checkout availability can be unpredictable. At many hotels, the decision is left up to the front desk. Even for top-tier elite status members of certain hotel loyalty. JT Genter writes for NerdWallet.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

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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CFPB Director Chopra Announces New Approach to Regulations

Troutman Sanders

In a June 17 blog post , Consumer Financial Protection Bureau (CFPB or Bureau) Director Rohit Chopra announced that the CFPB intends to “move away from highly complicated rules” in favor of “simpler and clearer rules.” As part of this effort, the CFPB will be “dramatically increasing the amount of guidance it is providing to the marketplace” and that it aspires such guidance to be simple and straight forward.

Lawyers 52
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5 Things to Know About Chase Sapphire Reserve Lounge Access

Nerd Wallet

Chase Sapphire Reserve® is a premium rewards card for avid travelers. It comes with useful travel perks, such as a Global Entry, TSA PreCheck or Nexus enrollment fee credit, an auto rental collision damage waiver, as well as trip interruption and cancellation insurance. But what about Chase Sapphire Reserve® lounge access? There’s good news on. Anya Kartashova writes for NerdWallet.

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House Introduces Bill for CFTC Spot Market Oversight

Troutman Sanders

On April 28, bipartisan lawmakers in the U.S. House of Representatives introduced legislation, allowing the Commodity Futures Trading Commission (CFTC) to oversee cryptocurrency spot markets. The legislation intends to create a framework to fill the regulatory gaps between the CFTC and Securities and Exchange Commission (SEC) digital asset marketplace and related regimes.

Trade 52
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What Is the Best Southwest Credit Card Offer?

Nerd Wallet

If you “LUV” Southwest Airlines, it pays to have one of its credit cards to earn bonus points, accelerate elite status and enjoy other benefits. But, which card should you apply for? Which provides the best Southwest credit card offer? We’ll compare the personal Southwest credit card offers to help you choose which one is. Lee Huffman writes for NerdWallet.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Credit Card Limit Optimization: Akbank Wins with FICO Analytics

Fico Collections

Home. Blog. FICO. Credit Card Limit Optimization: Akbank Wins with FICO Analytics. Leading Turkish retail bank wins FICO ® Decisions Award for AI, machine learning & optimization using FICO decision optimization technology for credit limits. KristinaRobinson@fico.com. Wed, 09/08/2021 - 16:52. by Nikhil Behl. expand_less Back To Top. Tue, 06/21/2022 - 11:25.

Retail 52
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ASPCA Pet Insurance Review 2022

Nerd Wallet

Plans offered: Accident and illness, accident-only, wellness. Breadth of coverage: Excellent.Range of plan options: Good.Can pay your vet directly: No. The bottom line: Generous coverage and multiple plan options, including an accident-only policy. How we review pet insurance Our writers and editors follow strict editorial guidelines that ensure fairness and accuracy in order to help.

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Decision Platform Know-How Makes Winning Customers Personal

Fico Collections

Home. Blog. FICO. Decision Platform Know-How Makes Winning Customers Personal. Personalisation underpinned by applied intelligence and cloud-hosted platform technology offers a competitive advantage when it comes to winning customers. Saxon Shirley. Wed, 05/25/2022 - 03:43. by Richard Lagerweij. expand_less Back To Top. Tue, 06/21/2022 - 14:50. New IDC research predicts that within the next two years around 30% of global Tier-1 banks will rely on relevant and responsible personalization as a key

Banks 52
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Fine-Tune Your Music Festival Budget and Save

Nerd Wallet

Attendees of this year’s Coachella music festival have posted viral videos adding up their expenses from the weekend — with costs reaching the thousands for flights, hotels, food, drinks, outfits and rideshares. Plus the ticket, which can start around $400 for a three-day pass to a popular festival like Lollapalooza or Coachella. Summer music festivals.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

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Osofsky & Thomas paper on the relationship between implicit bias and the home mortgage interest deduction

Public Citizen

Leigh Osofsky and Kathleen DeLaney Thomas, both of North Carolina, have written Implicit Legislative Bias: The Case of the Mortgage Interest Deduction, 56 UC Davis Law Review (2022). Here is the abstract: The home mortgage interest deduction is over 100 years old. The deduction has been subject to increasing and, at times, withering criticism from commentators.

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Want to Buy XRP (Ripple)? Here’s What to Know

Nerd Wallet

XRP and the blockchain it runs on, the XRP Ledger, are billed as a better way to send money across borders. While the traditional process can take days to complete, XRP international transactions can be settled in seconds. Investing in XRP could appeal both to financial institutions that make cross-border payments, as well as to. Taryn Phaneuf writes for NerdWallet.

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Prepared Remarks of Director Chopra on Credit Card Late Fees ANPR Press Call

Consumer Finance

CFPB Director Rohit Chopra's statement on credit card late Fees ANPR.

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What Is the Federal Reserve?

Nerd Wallet

If you follow the news about changes to savings or mortgage rates, you’ve probably heard of the Federal Reserve. It’s a powerful financial system, but as a banking consumer, you don’t interact with it directly. Here’s what you need to know. What is the Federal Reserve? The Federal Reserve System — also known as the. Spencer Tierney writes for NerdWallet.

Banks 77
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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?