Mon.Sep 19, 2022

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Daily Digest – September 19. Judge Grants MTD in FDCPA Case; Judge Rules for Collector in Discrimination Case

Account Recovery

JUDGE GRANTS MTD IN FDCPA CASE OVER ISSUE WITH STATEMENT IN LETTER Like many other cases across the country, a District Court judge in Kentucky has ruled that the confusion and anxiety claimed to have been suffered by the plaintiff was not enough for the plaintiff to have standing to sue. Standing precedent in the … The post Daily Digest – September 19.

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8 Latino Financial Pros on Building Wealth and Knowledge in 2022

Nerd Wallet

Want to build generational wealth? Education is key, financial experts say. Money shouldn’t be a taboo topic for families of color anymore, they add, so communication is vital, too. We asked eight Latino financial professionals for their advice on how to grow wealth, talk to children about finances and start a business — even amid. Benjamin Din writes for NerdWallet.

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Judge Grants Collector’s MSJ After Sued by Former Employee for Age Discrimination, ADA Violation

Account Recovery

A District Court judge in Kansas has granted a defendant’s motion for summary judgment after it was sued by a former employee who accused the company of firing her because it was violating the Americans with Disabilities Act and the Age Discrimination in Employment Act after she was found to have used a profanity during … The post Judge Grants Collector’s MSJ After Sued by Former Employee for Age Discrimination, ADA Violation appeared first on AccountsRecovery.net.

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Nevada Bill Adopts Uniform Money Transmission Modernization Act

Troutman Sanders

On September 16, the Nevada Financial Institutions Division (NFID) introduced a bill draft request to the Nevada Legislature for the 2023 legislative session. If passed, the bill will adopt the Model Money Transmission Modernization Act (Act) into Nevada’s money transmission law. We previously blogged on the Act here. The language of the bill has not yet been published.

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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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Judge Grants MTD in FDCPA Case Over Issue with Statement in Letter

Account Recovery

A District Court judge in Kentucky has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case, ruling the plaintiff’s anxiety and confusion after receiving a collection letter does not give the plaintiff standing to file her lawsuit. Background: The plaintiff received a collection letter from the defendant, which included a statement, … The post Judge Grants MTD in FDCPA Case Over Issue with Statement in Letter appeared first on AccountsRecovery.net.

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FTC, CFPB File Joint Brief in FCRA Case Over How Disputes are Investigated

Account Recovery

Given the increased scrutiny and shifting landscape surrounding credit reporting, furnishers would do well to pay attention to a brief filed by both the Federal Trade Commission and the Consumer Financial Protection Bureau in a Fair Credit Reporting Act case before the Court of Appeals for the Third Circuit, which centers around how disputes are … The post FTC, CFPB File Joint Brief in FCRA Case Over How Disputes are Investigated appeared first on AccountsRecovery.net.

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Is a Line of Credit Right for Your Business Recession Plan?

Nerd Wallet

More than 90% of small-business owners are worried about experiencing an economic recession over the next 12 months, according to a June 2022 Goldman Sachs survey. Because lenders tend to tighten their lending standards during recessions, small-business owners may be looking for ways to secure funds before access to credit is possibly reduced. One option.

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Compliance Digest – September 19

Account Recovery

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.

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Can You Gift TSA PreCheck and Global Entry?

Nerd Wallet

Nobody likes standing in line. This is true whether you’re at Disneyland or the airport — hanging out in a queue is a long, annoying process. If someone you know is a frequent traveler but doesn’t have a membership in a Trusted Traveler program, you may be wondering how you can get it to them. 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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CFPB Annual Report of 2021 Mortgage Market Activity Reveals an End to the Refinancing Boom and an Increase in Home Purchase Loans

Consumer Finance

Asian, Hispanic white, and Black shares of home purchase loans increased.

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Get Kids Set to Invest With Custodial Accounts

Nerd Wallet

During my late teens, my mom handed me two worn, blue passport-size books with details of my custodial investment accounts. I had no clue what to do with them, but it didn’t matter, because the accounts were empty anyway. Perhaps for the best, because I’m almost certain my assets wouldn’t have stood a chance. I. Elizabeth Ayoola writes for NerdWallet.

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Tenth Circuit Adopts “Reasonable Consumer” Standard to Determine Materiality Under FDCPA

Troutman Sanders

The standard courts should use to determine whether an alleged Fair Debt Collection Practices Act (FDCPA) violation is material remains unsettled. According to a recent Tenth Circuit decision , however, the standard should be that of the “reasonable consumer,” not the “least sophisticated consumer.” In other words, “the inquiry is whether the reasonable consumer could reasonably interpret the representation to have multiple meanings, one of which is untrue.”.

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The Best Ways to Use IHG Points

Nerd Wallet

IHG One Rewards is gaining in popularity with its recent update to membership rewards. With 17 brands and 6,000 destinations worldwide, there’s a good chance you’ll find a way to redeem IHG One Rewards points on your next trip. Here’s what to know to make the best use of IHG points. As with any award. Lee Huffman writes for NerdWallet. Email: travel@nerdwallet.com.

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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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Join Us September 24, 2022, for the 16th Annual National Conference of Vietnamese American Attorneys

Troutman Sanders

Troutman Pepper Partner Kim Phan will present “Dawn of the Web3 Era and the Legal Landscape on Blockchain, NFTs, and Metaverses” during NCVAA’s 16th Annual Conference in New York City. With the recent explosion of cryptocurrencies and other blockchain technologies, many companies are looking ahead to what this means for the next generation of the Internet.

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Tornado Cash Sanctions: What Crypto Investors Need to Know

Nerd Wallet

In August 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control — also known as OFAC — sanctioned Tornado Cash, a cryptocurrency mixer that blends funds together to make their sources harder to trace. Virtual currency mixing services can be used to launder stolen funds, and the U.S. Treasury says Tornado Cash. Dalia Ramirez writes for NerdWallet.

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Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F

Fico Collections

Home. Blog. FICO. Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F. Reg F isn't a hurdle to adjust to and live with. It's an opportunity to improve the way you interact and engage with your customers. Embrace it. FICO Admin. Tue, 07/02/2019 - 02:45. by Cyril Cherian. expand_less Back To Top. Mon, 09/19/2022 - 15:00. The U.S.

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Smart Money Podcast: Fall Money Tasks, and Saving Money to Retire

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. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a.

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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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How to Convince Your Customers to Pay on Time

JMA

The best way to save yourself from the stress of collecting debts is by avoiding debt itself. While avoiding debts from your customers may sound a little too good to be true, it doesn’t have to be. Here are some of the things you can do on your own to encourage your clients to pay. Read more » The post How to Convince Your Customers to Pay on Time appeared first on JMA Credit Control.

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Finnair Business Class Review: A Slow Rollout of Upgraded Cabins

Nerd Wallet

I recently had the chance to fly in Finnair’s business class cabin on nonstop flights between Los Angeles and Stockholm. If you’re considering flying Finnair and are wondering if it’s worth it to book a business class ticket, read details about my experience with the cabin’s seats, meals and entertainment below. An overview of Finnair. Josh Garber writes for NerdWallet.

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Debt Recovery Tips for Small Business Owners

JMA

It takes great skill to collect debt efficiently. To protect your business and the customer, you must navigate a number of legal minefields. This is one of the many reasons choosing to seek the assistance of a debt collection company like us is worth it. If you’re not ready to work with a debt collector, Read more » The post Debt Recovery Tips for Small Business Owners appeared first on JMA Credit Control.

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Best Credit Cards to Use at Apple

Nerd Wallet

Whether you’re first in line for the latest iPhone release, comparison shopping for holiday gifts or putting together a new office setup, choosing the right credit card for your next Apple purchase can make a big difference in your savings. For loyalists, Apple’s own branded credit card may seem like the obvious choice. But unless. Jaime Hanson 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!

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How to go Through the Legal Process to Collect Debts

Debt Recoveries

We,here at Debt Recoveries Australia, are getting a lot of questions from companies who want to start legal proceedings but don’t know how? This is why our partner, ADC Legal Litigation Lawyers, is recommended, a “one-stop shop” for debt recovery and litigation in Australia. . Here’s a breakdown of what ADC Legal- Litigation Lawyers does, as well as the debt collection and legal action process. .

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The Guide to American Airlines Status Match

Nerd Wallet

From first-class upgrades and priority boarding, to free checked bags, airline elite status can offer a lot of enticing perks. If you’re ready to switch allegiance to another airline, completing an elite status match lets you avoid starting from scratch. Thankfully, many airlines offer status matches to entice frequent travelers to switch to them. However, JT Genter writes for NerdWallet.

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Tip: Is Your Customer Telling You the Truth, or Trying to Deceive You – Ten Things You Can Do to Find Out

AGA

Originally published in CreditToday. Anyone involved in trade collections has, or eventually will, encountered a customer who is hiding something and trying to deceive you. We may be heading for hard times this coming year, particularly with smaller businesses we sell to. That makes it more likely you will be hearing reasons invoices are not being paid that may be deceptive, off-putting, or simply untrue.

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How to Buy or Earn GALA — Including by Playing Video Games

Nerd Wallet

GALA is the token for Gala Games, a platform for blockchain gaming that allows users to earn cryptocurrency as they play. GALA tokens can be used to make in-game purchases or transact with other players. But GALA can be used for more than gaming. Holders may trade their tokens for other cryptocurrencies outside of the. Connor Emmert writes for NerdWallet.

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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?