Account Recovery
OCTOBER 18, 2021
The Department of Education on Friday announced that it has awarded contracts to six different companies that will be responsible for servicing and collecting federal student loans, while also announcing that it has amended the contract terms for those providers to strengthen “standards for performance, transparency, and accountability” that are aimed at protecting borrowers.
UK debt collections
OCTOBER 18, 2021
The number of businesses in England and Wales that went bust last month was the largest since the pandemic began. The latest Insolvency Service data shows that 1,446 company insolvencies were registered last month. Business insolvencies have increased by 7.2% in September 2021 compared to August’s figure of 1,349. They also increased by 55.8% in comparison to the same period for last year.
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Account Recovery
OCTOBER 18, 2021
JUDGE REMANDS FDCPA CLASS BACK TO STATE COURT OF RULING PLAINTIFF LACKS STANDING A District Court judge in Illinois has granted a plaintiff’s motion to remand a Fair Debt Collection Practices Act case back to state court, while denying the motion for attorney fees and costs, after the plaintiff received two collection emails from the … The post Daily Digest – October 18.
Nerd Wallet
OCTOBER 18, 2021
The holidays tend to be a busy time for credit cards, with many Americans using them to purchase gifts. While some shoppers are looking to leverage cards to earn rewards and cash back for their purchases, others are focused on financing their holiday spending with a 0% intro APR offer. Whether you fall into the. Kimberly Palmer writes for NerdWallet.
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.
Account Recovery
OCTOBER 18, 2021
A District Court judge in Illinois has granted a plaintiff’s motion to remand a Fair Debt Collection Practices Act case back to state court, while denying the motion for attorney fees and costs, after the plaintiff received two collection emails from the defendant in which the name of the original creditor was slightly different in … The post Judge Remands FDCPA Class Back to State Court After Ruling Plaintiff Lacks Standing appeared first on AccountsRecovery.net.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
OCTOBER 18, 2021
Oct. 15, 2021 – Minneapolis, Minnesota – ACA International, the world’s largest trade association for the accounts receivable management industry, has named Scott Purcell as CEO effective on Jan. 1, 2022. “The Board of Directors conducted a rigorous search and is confident Scott is the right person to fill the CEO role at this critical … The post ACA International Selects Scott Purcell as New CEO appeared first on AccountsRecovery.net.
Nerd Wallet
OCTOBER 18, 2021
Before the pandemic, wage disparities already made it tougher for working women to pay off student loans than men. Now, after a second year of juggling increased caregiving duties, over a million women have had to drop out of the workforce as a new/old problem looms: the restart of federal student loan payments. “Not to. Anna Helhoski writes for NerdWallet.
Account Recovery
OCTOBER 18, 2021
The Governor of Florida on Friday ordered the state to stop assigning accounts to debt collectors in situations where individuals were overpaid unemployment benefits during the COVID-19 pandemic because of issues that occurred as a result of expediting approvals to help those in need. Gov. Ron DeSantis asked the Department of Economic Opportunity to defer … The post Florida Suspends Collection of Pandemic-Related Unemployment Benefit Overpayments appeared first on AccountsRecovery.net.
Nerd Wallet
OCTOBER 18, 2021
If you’re in the market for a point-of-sale system, you’ve almost certainly heard of Square. This affordable POS is easy to use, affordable and highly customizable for several different retailers and professional services. You may also be familiar with QuickBooks, which offers a POS system that integrates well with QuickBooks Desktop accounts. This system may.
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Account Recovery
OCTOBER 18, 2021
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.
Nerd Wallet
OCTOBER 18, 2021
Insurance companies consider many details when determining car premiums, but not everyone knows exactly what these factors are. When given a list of potential factors and asked which are used by insurance companies when calculating auto insurance rates, 63% of Americans chose at least one wrong answer, according to a new NerdWallet survey. Here are five.
Roths Child Law
OCTOBER 18, 2021
Reaching the point at which your debts are too high that you feel the need to seek some relief from them is a challenging decision to make. Filing for bankruptcy is a serious decision that can have far-reaching consequences to your life, even years down the line. . As you are likely aware, there are two types of bankruptcy that consumers can choose to file.
Nerd Wallet
OCTOBER 18, 2021
Some American Express cards earn rewards in the form of American Express Membership Rewards points, which give you lots of options when you’re ready to redeem them — travel, statement credits, gift cards and merchandise. Plus, you can transfer points to airline and hotel partners or cash them in at select merchants, including Amazon, PayPal. Sara Rathner writes for NerdWallet.
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?
Burr Forman
OCTOBER 18, 2021
Reprinted with permission from the Birmingham Medical News. This article was published in the October 2021 issue of the Birmingham Medical News and may be accessed here. Health care providers across the United States continue to face an acute shortage of physicians particularly in Medically Unserved Areas (“MUAs”) and Health Professional Shortage Areas (“HPSAs”), which areas are determined by the United Stated Public Health Service and which include certain areas in and a
Nerd Wallet
OCTOBER 18, 2021
Your American Express card probably offers generous benefits such as rewards and bonuses, depending on which one you hold. But beyond these typical incentives that might come with your card, there are additional and often lesser-known perks that can save you money and that grant exclusive access to sought-after retailers and services. Here are some.
Fico Collections
OCTOBER 18, 2021
Although discussion of artificial intelligence (AI) ethics appears to be approaching fever pitch—the U.S. government is now soliciting broad input for an AI-era Bill of Rights — responsible use of AI has been at the top of my mind for the past five years. My 2017 analytics predictions included: I think that we are just at the beginning of the golden age of analytics, in which the value and contributions of AI, machine learning and deep learning will only grow as we accept and incorporate these t
Nerd Wallet
OCTOBER 18, 2021
Effective Oct. 1, 2021, the Transportation Security Administration lowered the online renewal fee for TSA PreCheck to $70 from the previous cost of $85. That’s great news for travelers who plan to pay for an upcoming PreCheck renewal. But, there are ways to avoid paying out-of-pocket for TSA PreCheck at all. Travelers can use points. JT Genter writes for NerdWallet.
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On Guard
OCTOBER 18, 2021
Year-on-Year data report – 4 Years of Technology Trends in the Credit Industry. From Brexit to the pandemic, we have seen pivotal changes in the trends in the credit industry. At the fore is digital transformation and new technology such as RPA and AI. They enable organisations to adapt and remain competitive. Our new comparison report Fintech in the order-to-cash process has given insights into a variety of interesting trends.
Nerd Wallet
OCTOBER 18, 2021
Best Western Rewards has sweet spots on both ends of its unpublished award chart. Some of the high-value redemptions include lower-category hotels that start at just 5,000 points per night and penthouse upgrades for just 10,000 points more. To find out if you’re getting above-average value for your Best Western points, you’ll want to compare. Andy Shuman writes for NerdWallet.
Consumer Finance
OCTOBER 18, 2021
Today, the Consumer Financial Protection Bureau has penalized JPay for engaging in unlawful conduct that targeted people released from the corrections system, siphoning off taxpayer-funded benefits and people’s own hard-earned money in the process.
Nerd Wallet
OCTOBER 18, 2021
Visa cardholders in the U.S. have access to a variety of perks, including a Shipt benefit that offers same-day delivery service for everyday purchases and essentials from popular retailers like Costco, Target, Publix and many more. Details of the benefit vary depending on whether you have a Visa Infinite, Visa Signature or regular Visa card, Melissa Lambarena writes for NerdWallet.
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.
CSA
OCTOBER 18, 2021
Chris Leslie, CEO of Credit Services Association (CSA), the UK trade body for the collections and debt purchase sector, has written to Ofgem calling for attention to three specific issues in the light of recent upheaval in the energy market and failure of a number of suppliers. First, the transfer of customers with neutral or credit balances to new allocated suppliers may be clear, but the position in respect of those with accounts in arrears is more obscure.
Nerd Wallet
OCTOBER 18, 2021
Cigna is the seventh-largest provider of Medicare Advantage [1] , offering plans in almost half of U.S. states. The insurer also offers stand-alone Medicare drug plans nationwide. Although most of Cigna’s Medicare Advantage members are in highly rated plans, the company’s offerings don’t always get top marks from third-party rating agencies. Here’s what you should.
Fraser
OCTOBER 18, 2021
Congress recently passed the Corporate Transparency Act (“CTA”), which requires certain business entities to report the “beneficial ownership” of an entity to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (“FINCEN”). The CTA is intended to deter activity such as money laundering, financing terrorism, and tax fraud, among other things.
Nerd Wallet
OCTOBER 18, 2021
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about what people get wrong when it comes to managing their credit — and how they can improve their credit the right way. Then we pivot to this week’s money question from a listener’s voicemail. Sean Pyles writes for NerdWallet.
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