Wed.Oct 05, 2022

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Learning & Development Advisor, Rick Paulin joins ARM Compliance Business Solutions

Account Recovery

Birmingham, Alabama – ARM Compliance Business Solutions is excited to announce that Rick Paulin has joined the company as a Learning & Development Advisor. In this role, Rick will support ARM Compliance Business Solutions clients through building robust and effective role-based training programs through live and online platforms. Rick joins the company with over 30 … The post Learning & Development Advisor, Rick Paulin joins ARM Compliance Business Solutions appeared first o

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How to Use a HELOC Strategically in Retirement

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. If you’ve worked hard to pay off your house, taking on mortgage debt in retirement may sound as appealing.

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Multiple ‘Misleading’ Disputes Leads Judge to Grant MSJ for Defendant in FDCPA, FCRA Case

Account Recovery

In a case that demonstrates the importance of having solid policies and procedures, a District Court judge in New York has granted a defendant’s motion for summary judgment after it was accused of violating the Fair Credit Reporting Act and the Fair Debt Collection Practices Act by allegedly furnishing inaccurate information to the credit reporting … The post Multiple ‘Misleading’ Disputes Leads Judge to Grant MSJ for Defendant in FDCPA, FCRA Case appeared first on Accoun

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Small-Business Lending Slows, Rates Rise: Here’s What You Can Do

Nerd Wallet

Rising interest rates and uncertain economic conditions are intensifying a slowdown in financing-related activity among small businesses, according to the newest release of the NerdWallet Small-Business Financing Index. The NerdWallet Small-Business Financing Index evaluates factors such as loan delinquency rates, loan volumes, credit card use and optimism among small-business owners.

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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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CFPB Fines Remittance Company $950k for Disclosure Failures

Account Recovery

The Consumer Financial Protection Bureau has issued an enforcement action — it’s third in a week — this time against a remittance company that was accused of failing to comply with disclosure requirements of the Electronic Funds Transfer Act and the Remittance Transfer Rule. Under the terms of the order, the company — Choice Money … The post CFPB Fines Remittance Company $950k for Disclosure Failures appeared first on AccountsRecovery.net.

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TrueAccord Parent Buys ERC Recovery Business

Account Recovery

LENEXA, Kan., Oct. 4, 2022 — One True Holding Company d/b/a/ TrueML, a financial technology software company developing machine learning-driven products that enable intelligent, digital communication including in the debt collection space, today announced it has acquired the debt collection business of Enhanced Recovery Company, LLC (ERC), a leading collections provider.

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The Future of Collections & Compliance: A Conversation with TrueAccord’s Associate General Counsel and Director of User Experience

True Accord

Delivering communications to your customers has always been a compliance challenge with the plethora of laws, regulations, court decisions, and regulatory guidance in the debt collection space. Today with more communication channels available and regular communication from debt collection regulators—via consent orders, compliance bulletins, supervisory highlights, and even press releases—your compliance management systems and design must be flexible and easy to update.

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Groups Want Medical Debts Deleted From Credit Reports

Account Recovery

A group of more than 90 state and national consumer organizations have submitted a petition to the Consumer Financial Protection Bureau, asking it to issue a rule that would prohibit medical debts from appearing on consumers’ credit reports, if the debts resulted from medically necessary services. Background: The CFPB has had medical debts in its … The post Groups Want Medical Debts Deleted From Credit Reports appeared first on AccountsRecovery.net.

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Is There Wi-Fi on Planes That’s Actually Good? How to Know

Nerd Wallet

Concerning Wi-Fi on flights, it sometimes feels like you’re rolling the dice every time you fly. Is there Wi-Fi on the plane? If so, will the airplane Wi-Fi work or be super slow? Also, is it safe to tell colleagues that you’re “online and available” for work during a flight? Even though most airlines offer. Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com.

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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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Daily Digest – October 5. ‘Misleading’ Disputes Lead to MSJ For Defendant; Groups Want Medical Debts Removed from Credit Reports

Account Recovery

MULTIPLE ‘MISLEADING’ DISPUTES LEADS JUDGE TO GRANT MSJ FOR DEFENDANT IN FCRA, FDCPA CASE After making several attempts to dispute a debt with the original creditor, the defendant, and the credit reporting agencies, the plaintiff filed suit, alleging violations of the FCRA and FDCPA. But the defendant’s actions were “reasonable under the circumstances” according to … The post Daily Digest – October 5. ‘Misleading’ Disputes Lead to MSJ For Def

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The NerdWallet guide to finding the best car insurance rate

Nerd Wallet

Comparison shopping is crucial if you want to save money on car insurance. Here’s why: Insurers look at similar factors, but they have their own “secret sauce” when it comes to setting rates. So two companies can charge wildly different rates for the same driver. How to compare car insurance quotes First of all, every. Kayda Norman writes for NerdWallet.

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Banking Groups Refute Senator Warren’s Report on P2P Fraud

Troutman Sanders

Banking groups are taking issue with a report by Senator Elizabeth Warren (D-MA) regarding the prevalence of fraud on Zelle, the popular peer-to-peer (P2P) payment service. In an October 3 joint statement , the Consumer Bankers Association, American Bankers Association, Bank Policy Institute, and The Clearing House expressed their collective disagreement with the report’s conclusions that fraud and theft are rampant and growing on the platform, banks are not refunding when customers were fraudul

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Is Medicare Advantage Free? A Guide to No-Premium Plans

Nerd Wallet

Is Medicare Advantage free? Sort of. In 2022, 69% of Medicare Advantage members are in plans with no monthly premium, according to KFF, a health policy nonprofit. That means members pay $0 for the plan. Medicare Advantage plans are a bundled alternative to Original Medicare. They include Medicare Part A (hospital insurance), Part B (medical. Kate Ashford, CSA® 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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Should You Work with a Debt Collector or Lawyer to Recover Debts?

JMA

Having difficulties recovering money owed by clients and customers is nothing new for businesses in Australia. In fact, it’s a tale as old as time. When a business operates on a credit model – where they provide their services or goods, prior to receiving a payment or a full payment, from their client – it. Read more » The post Should You Work with a Debt Collector or Lawyer to Recover Debts?

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Can You Return a Car?

Nerd Wallet

In most cases, you can’t return a car you just bought. Once you’ve signed the contract and driven off with the vehicle, the car legally belongs to you. It doesn’t matter whether it’s new or used, or whether you bought it from a dealer or in a private sale. But in certain situations, you can. Benjamin Din writes for NerdWallet. Email: bdin@nerdwallet.com.

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Stand in the Place Where You Are: Meet Less, Get More Out of It

NCBA Law Practice Management Blog

No one likes meetings; and, that includes lawyers who manage other attorneys, or staff. I hear about it all the time: too many meetings, too much wasted time. Well, there are at least a couple of ways that law firms can reduce meetings and meeting time. The first is to lean into technology, to reduce the need for certain meetings. If you can delegate work effectively , and add workflows to softwares , you won’t need to hold as many status meetings (or, you may be able to eliminate them entirely)

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Medigap vs. Medicare Advantage: What’s the Difference?

Nerd Wallet

Signing up for Medicare involves making important decisions. For instance, you can sign up for a Medicare Advantage plan or enroll in Medicare Supplement Insurance, or Medigap. You can’t sign up for both types of coverage, so you’ll want to understand how each works. The biggest difference between Medigap and Medicare Advantage is that with. Kate Ashford, CSA® 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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WTO: Trade Growth to Slow Significantly in 2023

NACM

World trade volume is expected to grow 3.5% in 2022 before slowing to 1.0% in 2023, revised down from 3.4%, according to the World Trade Organization (WTO). Global trade is expected to lose momentum due to the war in Ukraine, high energy prices, inflation and monetary tightening."In August, energy prices were up 78% year on year, led by natural gas.

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The NerdWallet guide to finding the best car insurance rate

Nerd Wallet

Comparison shopping is crucial if you want to save money on car insurance. Here’s why: Insurers look at similar factors, but they have their own “secret sauce” when it comes to setting rates. So two companies can charge wildly different rates for the same driver. How to compare car insurance quotes First of all, every. Kayda Norman writes for NerdWallet.

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How Long Will it Take to Rehabilitate a Student Loan?

Sawin & Shea

Student loan debt is a serious problem in the United States, and it’s an issue that impacts millions of Americans. As of January 2022, around 45 million people have student loan debt, which is 13.5% of the US population. In August 2022, the Biden-Harris Administration initiated a $10,000/$20,000 debt relief program for those with federal student loans earning less than $125,000 annually, but even with this debt relief plan, numerous Americans will continue to struggle with overwhelming student l

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Is Car Leasing Dead?

Nerd Wallet

Leasing a car was once a popular and flexible way to finance a new vehicle. But increases in car prices, low inventories and rising interest rates have forced the practice into a nosedive. “Lease offers are horrible, and consumers are not opting to lease as a result,” says Jonathan Smoke, chief economist for Cox Automotive. Philip Reed writes for NerdWallet.

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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!