Account Recovery

NOVEMBER 15, 2022

CREDITOR FACING PAIR OF LAWSUITS FOR VIOLATING REG F’S 7-IN-7 PROVISION A pair of lawsuits have been filed against a creditor, accusing it of violating the Rosenthal Fair Debt Collection Practices Act because the creditor allegedly violated the 7-in-7 call frequency restrictions of Regulation F in attempting to collect on an unpaid debt. The suits … The post Daily Digest – November 15.

Creditors 246

Creditors Fair Debt Collection Collections 246

Nerd Wallet

NOVEMBER 15, 2022

Credit card debt took a nosedive in the early days of the pandemic in 2020 as consumers stayed home, lost work and received cash infusions from the government. Two years later, it’s back. Credit card debt increased 15% year over year — the largest one-year increase in more than two decades, according to the Federal. Anna Helhoski writes for NerdWallet.

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Credit Card Debt Government 110

Account Recovery

NOVEMBER 15, 2022

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Creditor Facing Pair of Lawsuits for Violating Reg F’s 7-in-7 Provision appeared first on AccountsRecovery.net.

Creditors 246

Creditors 246

Nerd Wallet

NOVEMBER 15, 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. The Gemini Mastercard just became more valuable for drivers looking to earn crypto rewards. Beginning on Nov. 15, 2022, Craig Joseph writes for NerdWallet.

Education 107

Education 107

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, 2022

Tim Haag has been around the accounts receivable management industry long enough to know that the one constant is change. It is always survival of the fittest and these days, companies that are not making investments in technology to optimize the collection process and try to offset challenges finding employees are not going to be … The post State’s Tim Haag Talks About Change, How to Stay Ahead of the Game appeared first on AccountsRecovery.net.

Accounts Receivables Management 246

Accounts Receivables Management Collections 246

Account Recovery

NOVEMBER 15, 2022

The city council of Toledo, Ohio and the commissioners of Lucas County, Ohio — where Toledo is located — are coming together to put $1.6 million toward purchasing unpaid medical debts of its residents, which could result in wiping out as much as $200 million in past-due medical bills. This believed to be the first … The post City, County in Ohio Partner to Wipe out $200M in Medical Debt first appeared on AccountsRecovery.net.

Healthcare 246

Healthcare 246

Nerd Wallet

NOVEMBER 15, 2022

Millions of retirees are in the thick of Medicare open enrollment, which runs from Oct. 15 to Dec. 7, but many find the process challenging. Some don’t understand the difference between Original Medicare and Medicare Advantage, many are overwhelmed by Medicare advertising, and only 4 in 10 people review their plan options each year, according. Kate Ashford, CSA® writes for NerdWallet.

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Account Recovery

NOVEMBER 15, 2022

The Federal Trade Commission announced today that it is delaying the deadline to comply with proposed changes to its Safeguards Rule for six months, because there is a shortage of qualified personnel to implement the changes. The deadline to comply will now be June 6, 2023. The Safeguards Rule pertains to protections that companies must … The post FTC Delays Safeguards Rule Compliance for 6 Months first appeared on AccountsRecovery.net.

Trade 246

Trade 246

Nerd Wallet

NOVEMBER 15, 2022

Going to Bora Bora seems like a pipe dream for many, but it’s possible to visit this island in the Pacific Ocean with the help of points and miles. For example, the Conrad Bora Bora Nui is a five-star Hilton property that is bookable with Hilton Honors rewards. Although the destination is popular among honeymooners, Anya Kartashova writes for NerdWallet.

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Collections

Account Recovery

NOVEMBER 15, 2022

A District Court judge in New York has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case in which the plaintiff alleged — too little, too late it appears — that she lost out on a promotion because her employer learned that the defendant was attempting to collect on … The post Judge Grants MSJ For Defendant in FDCPA Case After Plaintiff Claims to Lose Out on Promotion appeared first on AccountsRecovery.net.

Fair Debt Collection 242

Fair Debt Collection Judgment Collections 242

Nerd Wallet

NOVEMBER 15, 2022

When planning a trip to Europe, KLM Royal Dutch Airlines is one of the major international airlines you might fly. While economy flights could save you money, the thought of cramming into a packed cabin for a long flight might have you wincing. Does KLM have premium economy tickets? It does, and a ticket in. Lee Huffman writes for NerdWallet. Email: travel@nerdwallet.com.

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Consumer Finance

NOVEMBER 15, 2022

Agency examiners find legal violations across consumer financial products and services.

Loans 91

Loans 91

Nerd Wallet

NOVEMBER 15, 2022

If “go to the bank” isn’t on your list of errands these days, you’re not alone: A new NerdWallet survey finds that close to three-quarters of banking customers (72%) use a mobile banking app, and 41% use more than one. The survey of more than 2,000 U.S. adults — among whom 1,467 are mobile banking. Erin El Issa writes for NerdWallet. Email: erin@nerdwallet.com.

Banks 71

Banks 71

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, 2022

The deadline for complying with certain provisions of the Standards for Safeguarding Customer Information (Safeguards Rule) has been extended to June 9, 2023. As we previously posted , on January 10, the Federal Trade Commission’s (FTC) final rule amending the Safeguards Rule under the Gramm-Leach-Bliley Act became effective. The Safeguards Rule requires nonbanking financial institutions to develop, implement, and maintain a comprehensive information security program to keep their customers’ inf

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Credit Counselor Financial Institution Credit Unions Credit Unions 52

Nerd Wallet

NOVEMBER 15, 2022

A new rideshare benefit is coming to the Chase Sapphire Reserve®. Effective Nov. 15, 2022, cardholders will receive complimentary Lyft Pink All Access membership for two years and 50% off for their third year. This is the highest tier membership available from Lyft and retails for $199. In addition to earning 10 points per dollar. Craig Joseph writes for NerdWallet.

Retail 70

Retail 70

Troutman Sanders

NOVEMBER 15, 2022

On November 14, Office of the Comptroller of the Currency (OCC) Senior Deputy Comptroller for Bank Supervision Policy Grovetta Gardineer delivered keynote remarks at the 2022 CRA & Fair Lending Colloquium where she discussed the OCC’s commitment to “elevating fairness” and ongoing efforts to ensure its regulated institutions comply with the federal fair lending laws.

Banks 52

Banks Government Lender Creditors 52

Nerd Wallet

NOVEMBER 15, 2022

If you’re collecting Star Alliance miles — either by flying on one of the 26 Star Alliance member airlines, using a co-branded credit card or transferring points — you might be wondering which program should be your focus. While which airline is best for you to earn your miles ultimately comes down to the redemption. Aaron Hurd writes for NerdWallet.

Collections 70

Collections 70

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Collections

Fico Collections

NOVEMBER 15, 2022

Home. Blog. FICO. Siron Financial Crime Solutions Are Moving from FICO to IMTF. FICO is transitioning its Siron ® compliance business to IMTF, a Swiss global leader in regulatory technology, and a partner in the Siron business for more than 20 years. FICO Admin. Tue, 07/02/2019 - 02:45. by TJ Horan. expand_less Back To Top. Tue, 11/15/2022 - 11:25. As we announced today, FICO is transitioning its Siron® compliance business to IMTF , a Swiss global leader in regulatory technology, and a partner i

Trade 52

Trade Government Banks 52

Nerd Wallet

NOVEMBER 15, 2022

Americans embraced mobile banking as their main account access more than any other method from 2017 to 2021, according to the Federal Deposit Insurance Corp.’s 2021 report on unbanked and underbanked households. Even so, a new NerdWallet survey found that many people are hesitant to use mobile banking because of security concerns. More than 2. Andrew Marder writes for NerdWallet.

Banks 69

Banks 69

On Guard

NOVEMBER 15, 2022

Only 12% of organisations have discussed the business use of NFTs. Amsterdam, 15 November 2022 – Only 40% of finance officers are familiar with the business use of non-fungible tokens (NFTs). This is shown from the research report from Visma | Onguard where 580 finance professionals, managers and entrepreneurs were surveyed. The same percentage (40%) had a good knowledge of what NFTs are and how they work prior to the survey.

Collections 52

Collections 52

Nerd Wallet

NOVEMBER 15, 2022

A suite of Capital One cards, already known for their elevated cash-back rates for foodies, just got more appetizing. Capital One has temporarily partnered with Uber to offer exclusive discounts on ridesharing and food delivery. Through Nov. 14, 2024, those who have the following cards can get unlimited 10% cash back on Uber and Uber. Jae Bratton 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.

AGA

NOVEMBER 15, 2022

From The Virtual Credit Manager. Payment Terms define when a customer is supposed to pay your invoice for the products and/or services you provided, at your expense, using your cash. The “norm” is 30 days from invoice date, but there are many exceptions. Many customers will try to extend your terms to 45 or 60 days or more. Outside the USA, and in the export business, payment terms are often 90 days or longer.

Credit Management 40

Credit Management Bankruptcy Collections 40

Consumer Finance

NOVEMBER 15, 2022

Los examinadores de la agencia encuentran violaciones a la ley en muchos productos y servicios financieros.

Loans 40

Loans 40

NACM

NOVEMBER 15, 2022

Both consumer and wholesale prices eased in October, according to the Bureau of Labor Statistics. The Consumer Price Index slowed to 7.7% year over year, down from 8.2% last month, resulting in Wall Street's largest boost since 2020, per CNN Business. And prices at the wholesale level rose 8% year over year, down from 8.4% in September—the fourth s.

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Fico Collections

NOVEMBER 15, 2022

Home. Blog. FICO. Next Best Actions / Next Best Offers – Four Pointers to Success. Next Best Actions / Next Best Offers balance the customer's interests and needs with your organization's business objectives, using mathematical optimization. FICO Admin. Tue, 07/02/2019 - 02:45. by Matt Cox. expand_less Back To Top. Tue, 11/15/2022 - 11:55. Right now, many banks and financial services firms are locked in a competitive arms race to deliver faster, smarter, suitably tailored experiences in a bid to

Acquisition 52

Acquisition Banks Financial services Lender 52

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Credit Unions