Fri.Apr 22, 2022

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Daily Digest – April 22. Judge Grants MTD in Hunstein Class Action; CFPB, NY AG Sue MoneyGram

Account Recovery

JUDGE GRANTS MTD IN HUNSTEIN CLASS-ACTION FOR LACK OF STANDING A District Court judge in New York has granted a defendant’s motion to dismiss a Hunstein class-action lawsuit, albeit for lack of standing, because the plaintiff failed to plead that using a letter vendor violated his privacy and that anyone at the vendor reviewed or … The post Daily Digest – April 22.

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Why healthcare practices need to use a medical debt collection agency

American Profit Recovery

There is one simple fact that we know from handling debt collections for health care professionals across the country for many years. Professionals that go to school to be able to serve others want to focus on just that. Doctors and other medical professionals need to focus their time on serving patients and providing the necessary care they require.

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Survey Reveals Employees Want Hybrid Work Schedules

Account Recovery

We talked about this yesterday on The Talk-Off and it’s especially timely as companies across the country, including those in the accounts receivable management industry, seek to figure out whether employees need to be in the office 100% of the time, if there isn’t a need for an office at all, or if the answer … The post Survey Reveals Employees Want Hybrid Work Schedules appeared first on AccountsRecovery.net.

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Are Slow-Paying Clients Killing Your Cash Flow?

Enterprise Recovery

Before we dive in, do you ever run cash flow reports on your business? If your organization is earning revenue, it does not necessarily mean that you have that much cash in the bank. A simple statement of cash flow report is available through any accounting software and will present a clear picture of your inflows and outflows, including accounts receivable.

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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 Hunstein Class-Action for Lack of Standing

Account Recovery

A District Court judge in New York has granted a defendant’s motion to dismiss a Hunstein lawsuit, albeit for lack of standing, because the plaintiff failed to plead that using a letter vendor violated his privacy and that anyone at the vendor reviewed or otherwise saw the plaintiff’s information. A copy of the ruling in … The post Judge Grants MTD in Hunstein Class-Action for Lack of Standing appeared first on AccountsRecovery.net.

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CFPB, NY AG Sue ‘Repeat Offender’ MoneyGram as Company Vows Not to be ‘Strong-Armed’

Account Recovery

Continuing to fulfill its commitment to going after repeat offenders, the Consumer Financial Protection Bureau — in partnership with the Attorney General of New York — yesterday announced a lawsuit against MoneyGram Payment Systems for “systematically and repeatedly violating” consumer protection laws by failing to deliver funds promptly and failing to train employees about how … The post CFPB, NY AG Sue ‘Repeat Offender’ MoneyGram as Company Vows Not to

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Citibank Bonus for Checking: Up to $1,500

Nerd Wallet

The Citibank bonus could earn you $300, $700 or $1,500 when you sign up for a new Citi checking account and complete the required activities. To earn the bonus, you’ll have to deposit at least $15,000 and meet a few other requirements. The deposit and minimum balance requirements are steep, but the bank offers perks. Ruth Sarreal writes for NerdWallet.

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Senators Spotlight Collection Aspect in Asking CFPB to Investigate TRAs

Account Recovery

A group of Senate Democrats have written a letter to Rohit Chopra, the Director of the Consumer Financial Protection Bureau, calling on the agency to investigate the use of Training Repayment Agreements (TRAs) which some companies use to require employees to pay a pre-determined amount of money if they leave their jobs within a certain … The post Senators Spotlight Collection Aspect in Asking CFPB to Investigate TRAs appeared first on AccountsRecovery.net.

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Best Medicare Supplement Insurance Companies in 2022

Nerd Wallet

Medicare Supplement Insurance, or Medigap, covers “gaps” in Original Medicare coverage, such as certain out-of-pocket expenses like copays, coinsurance and deductibles. Medigap plans are sold by private insurance companies, but the plans’ Medicare coverage is regulated by the government. So, for example, Medigap Plan G has the same Medicare benefits regardless of which insurance company.

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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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Article on No-Contest Provisions

McLane

I recently published the following article in the Union Leader on the subject of no-contest clauses in estate plans: Know the Law: What No-Contest Provisions in an Estate Plan Mean for You. Q: My mother’s estate planning documents contain something called “no-contest” provisions. What are these and how do they affect me? A : No-contest provisions, also referred to as “in terrorem” clauses, are becoming increasingly common in estate plans in New Hampshire.

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Dow Jones Industrial Average Explained

Nerd Wallet

What is the Dow Jones Industrial Average? The Dow Jones Industrial Average, or DJIA, is a stock market index that includes 30 blue-chip companies from different facets of American industry. Its movement over time offers a high-level view of how the U.S. economy is performing. » MORE: What is an index? The basics of the. Taryn Phaneuf writes for NerdWallet.

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Federal Contractors on Notice After DOJ Announces First Civil Cyber Fraud Initiative Settlement

Troutman Sanders

On February 28, the U.S. Department of Justice (DOJ) agreed to a $930,000 settlement with Comprehensive Health Services (CHS) to resolve False Claims Act allegations. The resolution represents the department’s first settlement under the False Claims Act since instituting its Civil Cyber Fraud Initiative in October 2021. [1] This is a watershed moment in the department’s approach to cybersecurity that highlights its renewed focus and commitment to holding vendors that do business with the federal

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How to Go Green(er) With Sustainable Banking

Nerd Wallet

This Earth Day, you may be wondering how you can reduce your negative impact on the planet. Where you spend and keep your money can affect the kinds of sustainability efforts that are funded and the harmful practices that aren’t. The bank that you use may have some surprising effects on the amount of deforestation. Chanelle Bessette 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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New Podcast Episode from NACM!

NACM

It's Friday and you know what that means! The latest episode of our Extra Credit podcast is out now!Get up to date on all things B2B credit in just a few minutes. This week we took a close look at how supply chain disruptions are here to stay and what factors could lead to a U.S. recession. Listen to the newest episode here: ht.

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How to Plan Award Travel for Newbies

Nerd Wallet

Does your best friend jaunt off to seemingly exorbitant destinations with no visible means of funding? Has your boss been going on about Ultimate Rewards® and how they’ve landed him a suite at the Park Hyatt Paris? Whatever the case, you’ve heard about award travel and you’re interested. You may be new to award travel, Carissa Rawson writes for NerdWallet.

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6 Things to Know Before Flying Emirates First Class

Nerd Wallet

Emirates first class offers one of the most luxurious experiences in travel and, depending on the route and plane, can include: An onboard shower. Two bars. A Bulgari amenity kit. Expansive food and drink options. Of course, you also get bragging rights for life. Before hopping on your flight, here are six things you should. Josh Garber writes for NerdWallet.

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The Guide to American Airlines Flagship Business Class

Nerd Wallet

If you’re planning to fly long distances with American Airlines, you may want to book a business-class ticket to improve your overall comfort and flying experience. Unlike a short, domestic business-class flight with American Airlines, Flagship business class tickets give travelers more. American Airlines Flagship business class tickets are only available on select routes.

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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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Skipped College in 2021? Enroll This Fall

Nerd Wallet

The pandemic upended what it meant to be a college student as newfound barriers to learning cropped up in spring 2020: In-person classes were forced online, family obligations became more pronounced and economic difficulties spread. “All of these factors just came together to create this perfect storm,” says Mamie Voight, president and CEO of the. Colin Beresford writes for NerdWallet.