Fri.Sep 10, 2021

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Monterey Financial Services Acquires Continental Central Credit

Account Recovery

Monterey Financial Services announced earlier this week that it had purchased Continental Central Credit. Continental Central Credit is based in Carlsbad, Calif. Terms of the deal were not disclosed. Monterey offers debt buying, servicing, and delinquent debt recovery solutions. It was founded in 1989, according to the company’s website. “Continental Central Credit’s history and experience, … The post Monterey Financial Services Acquires Continental Central Credit appeare

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What are the Duties of an Accounts Receivable Specialist?

Enterprise Recovery

After the sales team closes the deal and the goods or services have been delivered, the accounts receivable department ensures that your customers meet their payment deadlines. Receiving timely B2B payments reduces potential cash flow issues, ensuring vendors and employees are paid and the business continues growing. An accounts receivable specialist has certain defined responsibilities within the department.

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Radius Global Solutions Partners With CollaborationRoom.ai

Account Recovery

September 10, 2021 — CollaborationRoom.ai announced today a partnership with Radius Global Solutions to deploy its agent engagement tools across its global network. By using the CollaborationRoom.ai platform, Radius will enhance its engagement with its remote contact center agents. This will improve overall compliance and client performance as well as measure and track agent engagement, … The post Radius Global Solutions Partners With CollaborationRoom.ai appeared first on AccountsRecovery

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8 Other Things Your Digital Wallet Can Do for You

Nerd Wallet

Digital wallets, also known as mobile wallets, have grown in popularity over the years. But the freedom to leave all your cards at home isn’t the only benefit users will enjoy. A digital wallet has many benefits outside of condensing physical cards and offering a seamless and secure payment option. The top three digital wallets. Melissa Lambarena writes for NerdWallet.

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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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Appeals Court Reverses Ruling in TCPA Constitutionality Case

Account Recovery

The questions and situations that judges must decide on a daily basis can be fascinating. Case in point — when the Supreme Court ruled that an exemption which had existed for five years in the Telephone Consumer Protection Act that allowed the use of automated telephone dialing systems when contacting individuals on their cell phones … The post Appeals Court Reverses Ruling in TCPA Constitutionality Case appeared first on AccountsRecovery.net.

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Collector Reaches $995k Settlement in Collection Letter Lawsuit

Account Recovery

A motion has been filed in a West Virginia federal court to approve a settlement in a class action Fair Debt Collection Practices Act and West Virginia Consumer Credit Protection Act case that will see the defendant pay $995,000 after it was accused of sending letters that did not include updated language required under state … The post Collector Reaches $995k Settlement in Collection Letter Lawsuit appeared first on AccountsRecovery.net.

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Know These 4 Business Financial Metrics to Track Performance

Nerd Wallet

In order to make informed business decisions, such as seeking financing, you need to be able to understand your financial performance — especially since the COVID-19 pandemic has altered the way many small businesses operate. Navigating your financial metrics doesn’t mean you have to sit crunching numbers on a calculator, however. When you use technology, Randa Kriss writes for NerdWallet.

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Daily Digest – September 10. Appeals Court Reverses Ruling in TCPA Case; Collector Settles Religious Discrimination Suit

Account Recovery

APPEALS COURT REVERSES RULING IN TCPA CONSTITUTIONALITY CASE The Sixth Circuit Court of Appeals yesterday ruled that just the parts of the TCPA that were deemed to be unconstitutional are applied retroactively, and that the rest of the law stands as written, in reversing a lower court’s ruling that had granted a motion to dismiss … The post Daily Digest – September 10.

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Best Business Insurance Options for LLCs

Nerd Wallet

Structuring your business as an LLC might protect your personal finances in case of a lawsuit, but you’ll still need general liability insurance and other commercial policies to protect your business assets. The best business insurance providers for LLCs offer convenient packages and great customer service, whether you prefer an online or face-to-face experience.

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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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Collector to Pay $65k to Settle Religious Discrimination Lawsuit

Account Recovery

A debt collector has agreed to pay $65,000 to settle a religious discrimination lawsuit filed against it by the Equal Employment Opportunity Commission after it fired a Christian employee for refusing to submit to fingerprinting as part of a background check. The employee argued that having his fingerprints captured was contrary to his religious beliefs. … The post Collector to Pay $65k to Settle Religious Discrimination Lawsuit appeared first on AccountsRecovery.net.

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POS Hardware: The Top Options for Small Businesses

Nerd Wallet

You’re probably already familiar with POS hardware, even if you don’t realize it. The cash register at your local convenience store is POS hardware, as is the iPad-mounted mobile card reader at your favorite restaurant. When it comes to purchasing POS hardware, most businesses will need a POS terminal, credit card reader and maybe a. Matthew Speiser writes for NerdWallet.

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How To Resign As A Company Director

Hudson Weir

In this article we’ll look at how to resign as a company director. There’s more than one reason why you might be looking to step down from the role. Perhaps you’re looking to retire or simply want to make more space in your schedule for new projects. If this applies to you, you’ll be relieved to hear the process is straightforward. That said, it is important you follow the correct protocol when resigning as a company director.

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How to Cancel a United Flight

Nerd Wallet

If you’re considering flying with United Airlines anytime soon or already have something booked, it’s a good idea to learn the cancellation and refund rules. This way, if something comes up and your travel plans change, you’ll know how to cancel your flight. Here’s what to know about canceling a United Airlines flight — whether. Natasha Gabrielle writes for NerdWallet.

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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?

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Can you still collect if the debtor has filed for bankruptcy?

Collections Law

There is no question that a bankruptcy filing can frustrate your attempt to collect on a debt from another business in Massachusetts. You should not give up, though. You may still receive some payment through bankruptcy, even if you cannot collect on the entire amount the business owes you. At Law Offices of Alan M. Cohen LLC, we use several methods to pursue these debts.

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Simply Business Insurance Brokerage Review 2021

Nerd Wallet

Simply Business isn’t an insurance provider but rather a broker that connects small-business owners with business insurance through partner companies. While Simply Business does the initial legwork, fielding quotes tailored to your business type from its network of insurance providers, that’s where its services stop. The meat of your policy — underwriting, claims and customer.

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Sixth Circuit Reverses Lindenbaum, Finds TCPA Government-Backed Debt Exemption Did Not Render Remainder of Statute Unconstitutional

Troutman Sanders

On Thursday, September 9, the U.S. Court of Appeals for the Sixth Circuit issued its opinion in Lindenbaum v. Realgy LLC , reversing a district court opinion that found the Telephone Consumer Protection Act was unconstitutional from 2015 to 2020. Specifically, the Sixth Circuit found that the government-backed debt exemption — added to the TCPA in 2015 and later struck down by the Supreme Court — was severable from the statute, and the statute did not implicate unfair restrictions on free speech

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Photography Business Insurance: What It Is, How to Get It

Nerd Wallet

Business insurance can protect photographers and videographers from a slew of financial risks, such as replacing expensive stolen equipment or paying for an injured employee’s medical bills. Here’s what you should know about photography business insurance and how to purchase the right policies for you. What is photography business insurance? Photography business insurance can refer.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

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President Biden Announces Plan to Expand Vaccination Requirements for Healthcare Settings

Burr Forman

On September 9, 2021, President Biden announced a six-pronged, comprehensive plan to combat COVID-19 and its variants. One prong of that plan includes expanding vaccination requirements for Medicare and Medicaid-certified facilities. This requirement is expected to apply to approximately 50,000 healthcare providers and cover a majority of healthcare workers across the country.

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Lightspeed Restaurant Review 2021: Pricing, Features, Alternatives

Nerd Wallet

Lightspeed Restaurant offers a simple and intuitive interface that belies a robust feature set. With features including mobile ordering, floor-plan management and a variety of integrations and add-ons, its functionality extends to full-service restaurants, quick-service restaurants, hotel restaurants, bars, nightclubs and cafés. While Lightspeed Restaurant is a great fit for small and mid-sized restaurants, this.

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Sixth Circuit Limits the Scope of Personal Jurisdiction in FLSA Litigation

Fraser

On August 17, 2021, in Canaday vs. The Anthem Companies, Inc., the United States Court of Appeals for the Sixth Circuit became the first appellate court to hold that individuals with a connection to the forum state may only join a collective action under the Fair Labor Standards Act (FLSA). This ruling protects employers by limiting their liability and expense in litigating claims of nonresident opt-in employees who join an FLSA collective action.

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Business Consultant Insurance: What It Is, How to Get It

Nerd Wallet

If you provide advice or services for a living, business consultant insurance may protect you from legal actions, property damage, injuries and other risks that can cause financial losses. Consultants who are sole proprietors could even be personally responsible for damages if they don’t have insurance. Whether you’re an education consultant, wedding consultant or any.

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The Power of Storytelling in Risk Management

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.

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Best World of Hyatt Hotels in the Caribbean

Nerd Wallet

World of Hyatt members dreaming of an escape in the Caribbean region will find lots of exciting properties where they can earn or redeem their points. The hotel’s award chart makes it easy to see how many points you need for your trip, with hotels and resorts organized by category. World of Hyatt’s all-inclusive properties. Ramsey Qubein writes for NerdWallet.

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