Account Recovery
JUNE 19, 2023
If you have listened to any of my webinars that talk about technology, the future of collections, payment portals, physics, or family relationships, you will have no doubt heard the word “friction” used. In many of these instances, friction is a bad thing.
Consumer Finance
JUNE 19, 2023
Today, the Consumer Financial Protection Bureau (CFPB) released its annual report on the top financial concerns facing military families. The report highlights the growth of digital payment app usage in the servicemember community, the unique risks to servicemembers from these services, and the potential abuse from bad actors.
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Account Recovery
JUNE 19, 2023
The author of the TRACED Act is planning to introduce new legislation aimed at fixing the “loopholes” related to robocalls being made by automated telephone dialing systems. (ATDS) Rep. Frank Pallone [D-N.J.
Fico Collections
JUNE 19, 2023
Home Blog Feed test Digital Debt Collection Trends in 2023 - From Culture to Strategies Insights from a panel discussion into debt collection trends for digitization, omnichannel communications and more Thu, 02/09/2023 - 10:26 Pawel Pasik by Ulrich Wiesner expand_less Back to top Mon, 06/19/2023 - 08:45 I recently participated in a roundtable discussion organized by Germany’s gi Geldinstitute, where we explored debt collection trends and best practices.
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
JUNE 19, 2023
APPEALS COURT AFFIRMS RULING FOR DEFENDANT IN FCRA REASONABLE INVESTIGATION CASE THE BALANCING ACT OF PAYMENT PORTAL VERIFICATION HOUSE MEMBER ANNOUNCES PLAN TO INTRODUCE LEGISLATION AIMED AT EXPANDING ATDS DEFINITION MEANINGFUL INSIGHTS ON RECENT COURT RULINGS PRA GROUP EARNS TWO SILVER STEVIE AWARDS FOR ACHIEVEMENTS IN DIVERSITY & INCLUSION MANAGEMENT WORTH NOTHING: What you need […]
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
JUNE 19, 2023
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.
Collection Industry News
JUNE 19, 2023
Here are some common ways defendants may choose to challenge a lien on their bank account : 1. Procedural errors: Defendants may scrutinize the procedures followed by the party seeking the lien. They can challenge the legality of the process, such as improper notice or failure to follow specific requirements for obtaining a lien. If procedural errors are found, it could invalidate the lien. 2.
Account Recovery
JUNE 19, 2023
When reduced to a he-said, she-said situation as to whether a furnisher conducted a reasonable investigation into a dispute, a defendant saying it conducted a reasonable investigation — without evidence that proves it didn’t — is not enough, the Court of Appeals for the Second Circuit has ruled in a Fair Credit Reporting Act case.
Account Recovery
JUNE 19, 2023
NORFOLK, Va., June 15, 2023 /PRNewswire/ — PRA Group, Inc. (Nasdaq: PRAA), global leader in nonperforming loans, was honored this week with two Silver Stevie® Awards during the 21st Annual American Business Awards®. The company earned recognition in two categories: “Achievement in Diversity & Inclusion” and “Achievement in Management for Financial Services.
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