Account Recovery

NOVEMBER 15, 2021

APPEALS COURT UPHOLDS $150K RULING AGAINST DEFENDANT IN FDCPA CASE The Court of Appeals for the Eleventh Circuit has upheld a ruling in favor of the plaintiffs in a Fair Debt Collection Practices Act case, saying the argument raised by the defense is “too little, too late,” and that the defendant remains responsible for nearly … The post Daily Digest – November 15.

Fair Debt Collection 246

Fair Debt Collection Collections 246

Fico Collections

NOVEMBER 15, 2021

This week is International Fraud Awareness Week — but every week is Fraud Awareness Week for FICO, as we focus on helping banks and other financial institutions worldwide detect and manage fraud. Fraud is a big burden for such organizations but there are of course other victims – people just like you and me. Their lives can be turned upside down and their finances ruined when they become victims of clever scam artists.

Financial Institution 105

Financial Institution Banks Education 105

Account Recovery

NOVEMBER 15, 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.

246

246

Consumer Finance

NOVEMBER 15, 2021

The Consumer Financial Protection Bureau (CFPB) issued a Request for Information (RFI) to seek input on rules implementing the Home Mortgage Disclosure Act (HMDA). The CFPB plans to review recent changes to the rule and evaluate their effectiveness.

100

100

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

NOVEMBER 15, 2021

The Consumer Financial Protection Bureau on Friday announced it had filed a lawsuit against a national chain of pawnshops, accusing it of violating the Military Lending Act (MLA) by imposing interest rates that were higher than allowed by law, including provisions requiring mandatory arbitration — also prohibited, and for not making required loan disclosures.

Loans 246

Loans 246

Account Recovery

NOVEMBER 15, 2021

Less than five months after it announced it was exiting the student loan servicing business, the Pennsylvania Higher Education Assistance Agency — more commonly known as PHEAA — disclosed on Thursday that it had reached an agreement with the Education Department to extend its contract for one year to allow more time to transition students … The post PHEAA Agrees to One-Year Extension of Servicing Student Loans appeared first on AccountsRecovery.net.

Student loans 246

Student loans Student Loans Loans Education 246

Nerd Wallet

NOVEMBER 15, 2021

Chase and Gopuff are pairing up to offer monthly $10 statement credits toward Gopuff orders of at least $10 through Dec. 31, 2023. Gopuff is a delivery service where you can order food, household essentials, alcoholic beverages and more — basically the kinds of items you might impulse-buy in a grocery store. It’s available late. Sara Rathner writes for NerdWallet.

92

92

Account Recovery

NOVEMBER 15, 2021

The Court of Appeals for the Eleventh Circuit has upheld a ruling in favor of the plaintiffs in a Fair Debt Collection Practices Act case, saying the argument raised by the defense is “too little, too late,” and that the defendant remains responsible for nearly $150,000 in damages and attorney’s fees. A copy of the … The post Appeals Court Upholds $150k Ruling Against Defendant in FDCPA Case appeared first on AccountsRecovery.net.

Fair Debt Collection 245

Fair Debt Collection Collections 245

Nerd Wallet

NOVEMBER 15, 2021

Managing payroll may be a chore, but Roll by ADP does its best to add innovation and a little fun to the task. This unique, chat-based payroll app lets you run payroll with text commands and minimal data entry. If you’re looking for solid payroll features that can be initiated from your phone, you’ll find. Lisa Anthony writes for NerdWallet. Email: lanthony@nerdwallet.com.

85

85

Advertisement

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

Collections

Account Recovery

NOVEMBER 15, 2021

The COVID-19 pandemic has done what just about nothing else could — slowed the amount that individuals and families are responsible for when it comes to their healthcare expenses, according to data released last week by the Kaiser Family Foundation. The data, which offers a benchmark of employer health benefits, revealed that workers are contributing … The post Premiums Up 4% to $22k Even Though Fewer Used Health Insurance: Report appeared first on AccountsRecovery.net.

Healthcare 223

Healthcare 223

Nerd Wallet

NOVEMBER 15, 2021

This article provides information for educational purposes. NerdWallet does not offer advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about NerdWallet’s holiday shopping report.

Education 80

Education 80

Credit Corp

NOVEMBER 15, 2021

‘Tis the season for tons of spending! While the holidays are hallmarked as a time for spreading love and joy, they are also notoriously expensive. While Black Friday sales might make you think you’re getting the best deals of the year, your spending can add up quickly if you aren’t careful. Is it possible to spread holiday cheer without completely breaking the bank?

Retail 98

Retail Banks Debt Management 98

Nerd Wallet

NOVEMBER 15, 2021

NerdWallet is here to help you win Black Friday, while leaving your budget intact. We spend the time, you save the money. Visit regularly for holiday shopping tips and announcements about your favorite retailers. Black Friday is Nov. 26. Fitbit’s evolving line of fitness trackers and smartwatches is a go-to source for health and wellness. Lauren Schwahn writes for NerdWallet.

Retail 77

Retail 77

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

NOVEMBER 15, 2021

On November 2, the House Financial Services Committee’s Task Force on Financial Technology held a hearing titled, “Buy Now, Pay More Later? Investigating Risks and Benefits of BNPL and Other Emerging Fintech Cash Flow Products.” For the hearing, the task force invited both consumer advocates and industry tradespeople to address several products, including buy now, pay later (BNPL); earned wage access (EWA); and overdraft protection products.

Banks 52

Banks Financial services 52

Nerd Wallet

NOVEMBER 15, 2021

Booking flights using your favorite airline’s loyalty rewards program can provide great value for your points or miles — and not only with that one carrier. Many airlines participate in alliances that allow you to book flights on partner airlines. These partnerships open up a world of possibilities by potentially increasing the value of your. Lee Huffman writes for NerdWallet.

75

75

Roths Child Law

NOVEMBER 15, 2021

There are numerous reasons, both personal and professional, why individuals may opt to take the route of bankruptcy. Often, filing for bankruptcy is viewed from a negative perspective. However, bankruptcy can actually be the best option for people to rebuild their lives. Unfortunately, there are some myths in circulation that result in people being misinformed on the issue.

Bankruptcy 52

Bankruptcy 52

Nerd Wallet

NOVEMBER 15, 2021

Las Vegas is one of the most popular U.S. destinations for conventioneers, tourists, foodies, spa lovers and gamblers. For those looking to earn and redeem loyalty points for a stay, World of Hyatt is one of the leading programs in Vegas. Whether you want to score extra perks through elite status, get a nice room. Ramsey Qubein writes for NerdWallet.

71

71

Advertisement

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

Collections

Fico Collections

NOVEMBER 15, 2021

For many businesses, the pandemic has resulted in a lack of clarity into the true financial position of a significant number of their customers, including potentially vulnerable customers. . Some are likely to be facing cashflow, crisis and vulnerability – despite moratoria, state aid and direct financial help. Others may rapidly bounce back despite the disruption caused by COVID.

Lender 52

Lender Loans Creditors 52

Nerd Wallet

NOVEMBER 15, 2021

Travel is returning, but here’s good news for those who are flying: higher fares may not. Despite the fact that prices for pretty much everything have gone up in 2021, airfare prices dropped 4.6% over the past year in terms of unadjusted percent change between October 2020 and 2021. That’s according to Consumer Price Index. Sally French writes for NerdWallet.

64

64

NACM

NOVEMBER 15, 2021

Container ships located at the ports of Los Angeles and Long Beach, CA, are averaging a 17-day wait time, according to a Bloomberg report. As of November 12, 83 ships remain either at anchor or in a holding zone, compared to the previous high of 81 from earlier that week."We are trying to add capacity by searching for vacant land to store container.

5

5

Nerd Wallet

NOVEMBER 15, 2021

Commercial insurance protects companies and their assets in case of lawsuits, natural disasters, theft, auto accidents and other shocks. Commercial insurance and business insurance are interchangeable terms for the same types of coverage. Commercial insurance coverage will look different for every business depending on what they do, where they operate and many other factors.

60

60

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.