Account Recovery

SEPTEMBER 19, 2022

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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Nerd Wallet

SEPTEMBER 19, 2022

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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Education 104

Account Recovery

SEPTEMBER 19, 2022

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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Troutman Sanders

SEPTEMBER 19, 2022

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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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

SEPTEMBER 19, 2022

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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Account Recovery

SEPTEMBER 19, 2022

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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Nerd Wallet

SEPTEMBER 19, 2022

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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Account Recovery

SEPTEMBER 19, 2022

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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Nerd Wallet

SEPTEMBER 19, 2022

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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Collections

Troutman Sanders

SEPTEMBER 19, 2022

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities. State Activities. Federal Activities: On September 16, the White House released a statement, addressing the nine reports on digital assets it received from federal agencies aligning with President Biden’s executive order (EO) on “Ensuring Responsible Development of Digital Assets,

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Nerd Wallet

SEPTEMBER 19, 2022

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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Troutman Sanders

SEPTEMBER 19, 2022

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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Nerd Wallet

SEPTEMBER 19, 2022

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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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?

Banks

Troutman Sanders

SEPTEMBER 19, 2022

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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Nerd Wallet

SEPTEMBER 19, 2022

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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Fico Collections

SEPTEMBER 19, 2022

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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Nerd Wallet

SEPTEMBER 19, 2022

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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Education 71

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Collections

JMA

SEPTEMBER 19, 2022

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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Nerd Wallet

SEPTEMBER 19, 2022

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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JMA

SEPTEMBER 19, 2022

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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Nerd Wallet

SEPTEMBER 19, 2022

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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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.

Debt Recoveries

SEPTEMBER 19, 2022

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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Nerd Wallet

SEPTEMBER 19, 2022

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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AGA

SEPTEMBER 19, 2022

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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Nerd Wallet

SEPTEMBER 19, 2022

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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Trade 63

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Credit Unions