Wed.Nov 16, 2022

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22 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 22 Companies Seeking Collection Talent first appeared on AccountsRecovery.net.

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CFPB Takes Action Against Carrington Mortgage for Cheating Homeowners out of CARES Act Rights

Consumer Finance

Company wrongly charged fees and inaccurately reported homeowner credit information despite pandemic-era housing protections.

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Debt Collection Lawsuits ‘Flooding’ Courts in Michigan: Report

Account Recovery

A commission organized by the Michigan Supreme Court has released a report summarizing that debt collection lawsuits are “dominating” the docket in Michigan’s state court — coming second only to traffic violations — and that 10 plaintiffs are responsible for nearly 75% of all collection lawsuits filed in the state. A copy of the report, … The post Debt Collection Lawsuits ‘Flooding’ Courts in Michigan: Report first appeared on AccountsRecovery.net.

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Crypto Crisis Spreads to Winklevoss Twins’ Gemini Earn

Nerd Wallet

The liquidity crisis among major cryptocurrency players continued to spread Wednesday as the Gemini exchange told customers that they may be unable to withdraw assets from a program that pays rewards on deposited cryptocurrency. The development directly affects only users of the Gemini Earn program, which pays rewards upward of 8% to customers who lend.

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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 MSJ For Defendant in FDCPA Case Over Email Communications

Account Recovery

We’re all busy people and time is one thing we don’t have enough of, so I try to be very conscious of that and keep the articles I publish as brief and to the point as possible. Sometimes — especially when writing about court rulings — it can be tough to summarize lengthy opinions into … The post Judge Grants MSJ For Defendant in FDCPA Case Over Email Communications first appeared on AccountsRecovery.net.

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CFPB Files Petition with Supreme Court for Hearing on Constitutionality of its Funding Case

Account Recovery

The Consumer Financial Protection Bureau has made its decision — it will fight to maintain its current funding mechanism before the Supreme Court — choosing to file a petition for the highest court in the land to hear its appeal rather than file a petition for an en banc review of the ruling before the … The post CFPB Files Petition with Supreme Court for Hearing on Constitutionality of its Funding Case first appeared on AccountsRecovery.net.

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Experts React to FTX’s Epic Fall

Nerd Wallet

Crypto exchanges FTX and FTX.US, its U.S. branch, filed for Chapter 11 bankruptcy on Nov. 11. Shortly after, more than $600 million was drained out of FTX wallets in an apparent hack. The following day, the Financial Times published FTX’s balance sheet, which showed $9 billion in liabilities and just $900 million in easily sellable. Kurt Woock writes for NerdWallet.

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Daily Digest – November 16. Judge Grants MSJ For Defendant in FDCPA Case Over Emails; CFPB Files Petition With SCOTUS Over Funding

Account Recovery

JUDGE GRANTS MSJ FOR DEFENDANT IN FDCPA CASE OVER EMAIL COMMUNICATIONS We’re all busy people and time is one thing we don’t have enough of, so I try to be very conscious of that and keep the articles I publish as brief and to the point as possible. Sometimes — especially when writing about court … The post Daily Digest – November 16. Judge Grants MSJ For Defendant in FDCPA Case Over Emails; CFPB Files Petition With SCOTUS Over Funding first appeared on AccountsRecovery.net.

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2022 Home Improvement Report

Nerd Wallet

American homeowners spent more than a half-trillion dollars on home improvement projects in recent years, but they say inflation and a potential recession will be factors in how much they take on moving forward. From 2019 to 2021, American homeowners undertook some 135 million home improvement projects, spending an estimated $624 billion, according to the.

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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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Failed Crypto firm sees a million people and businesses owed money

UK debt collections

Over a million people and businesses could be owed money in the UK following the collapse of the crypto exchange FTX, according to bankruptcy filings. There have also been reports that FTX suffered a hack, taking millions of dollars of crypto from the firm. It’s a worrying time for individuals who have money in the business. In the UK, crypto assets are largely unregulated, and experts and financial watchdogs warn there’s little protection for consumers.

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Airbnb Is on the Outs — Or Is It?

Nerd Wallet

Has the Airbnb bubble burst? According to one recent viral tweet, Airbnb hosts have seen bookings evaporate since the busy summer travel season. (That’s a screenshot of a tweet of a screenshot of a Facebook post, because this is the world we live in.) My recent story about Airbnb hosts getting sick of Airbnb made. Sam Kemmis writes for NerdWallet. Email: skemmis@nerdwallet.com.

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La CFPB Toma Acciones Contra Carrington Mortgage por negarle a Propietarios sus Derechos Bajo la Ley CARES

Consumer Finance

Esta compañía cobró tarifas y reportó de forma inexacta información crediticia de propietarios a pesar de las protecciones establecidas durante la era de la pandemia.

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American Family Homeowners Insurance Review 2022

Nerd Wallet

Founded in Madison, Wisconsin, American Family sells homeowners insurance and other policies in 19 states. You can customize an American Family home insurance policy with a variety of add-ons, including coverage for identity theft, valuable jewelry or the breakdown of major appliances. The company also has several discounts you might be able to use, plus.

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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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Director Chopra’s Prepared Remarks to the Financial Literacy and Education Commission

Consumer Finance

CFPB Director Chopra’s remarks, as prepared for delivery, at a meeting of the Financial Literacy and Education Commission.

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Best Credit Cards to Use at Walmart

Nerd Wallet

From consumer electronics to clothes to groceries, Walmart has something for nearly everyone. But consistently earning outsized rewards on purchases at the world’s largest retailer can be tough without juggling multiple cards. If you’re an optimizer, you’ll be able to earn at least 5% back on purchases at Walmart throughout the year. But if you. Craig Joseph writes for NerdWallet.

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Last Week, We Voted for Justice. Here’s what That Means

Prosperity Now

Before last week’s midterm elections, we talked about voting to advance racial, economic, and social justice.

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3 Amazing Things Your New Car Can Do — if You Let It

Nerd Wallet

Recently, I borrowed a friend’s 25-year-old BMW for a long trip. Every time I put it in reverse, I missed not having a rear backup camera. And that wasn’t all. I also wished I had adaptive cruise control to make long stretches of open road more relaxing and blind-spot warning to help me change lanes. Philip Reed writes for NerdWallet. Email: articles@nerdwallet.com.

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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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Business leaders take note: 3 tips to better ensure you can collect on debt

Collections Law

The adage about an ounce of prevention being worth a pound of cure holds true in the business world — especially when it comes to debt collection. Having an unpaid bill is more than just frustrating, it hurts business. It takes time and effort to collect the debt that could have spent on other endeavors. Business owners can reduce the risk of these issues by taking proactive steps to better ensure they receive the agreed upon payment.

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Air Travelers: Slow Down and Embrace the Long Layover

Nerd Wallet

When Megan Gieske flew from Uganda to Thailand, she had to choose whether her layover in Cairo would be for four hours or for eight. She chose the latter. An eight-hour layover might feel like a curse for travelers eager to get to their destination. Yet for others, long layovers are preferable. A long layover. Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com.

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Enterprise Fraud Solution Buyers Want More Agility, More Data

Fico Collections

Home. Blog. FICO. Enterprise Fraud Solution Buyers Want More Agility, More Data. Our recent global survey reveals the investment priorities and functionality requirements for enterprise-level fraud solution buyers. FICO Admin. Tue, 07/02/2019 - 02:45. by Andrew Manuel. expand_less Back To Top. Wed, 11/16/2022 - 20:10. In August 2022, we commissioned a survey of 156 global executives and managers from retail banks and retail financial institutions.

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HSBC No Longer Offers New Personal Loans

Nerd Wallet

HSBC is no longer offering new personal loans, though it still services existing loans, according to its website. HSBC previously offered personal loans ranging from $3,000 to $30,000 for borrowers with good to excellent credit (690 credit score or higher). These loans included fast funding and no origination fee. If you still need a personal. Jackie Veling writes for NerdWallet.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

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6 Tips for Collecting During Tax Season

Taurus Collect

Tax return season is when consumers plan and prioritise their finances, whether to save money or pay their debts. This season brings a win-win situation for both consumers and debt collectors, as the consumers can use their refund amount to pay off their debts. This also becomes a favorable time to negotiate settlements with debtors. Continue reading to know the right tips to level up your debt collection strategies during tax season.

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The Guide to JetBlue Blue Fares

Nerd Wallet

Picture this: You seek to buy a JetBlue Airways ticket and see multiple fare types listed as options; Blue Basic, Blue, Blue Plus, Blue Extra and Mint. Are they all different classes of service? Or are they just economy tickets with some minor extras included? How do you sift through the options? In short, Mint. Anya Kartashova writes for NerdWallet.

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U.S. consumer is soldiering on despite soaring inflation and recession risk, credit card giants say

Collection Industry News

U.S. consumers have demonstrated a willingness to continue to pay higher prices in the face of a sluggish economy that could be tipped into a recession, according to credit card giants American Express and Bank of America. American Express on Friday reported stronger-than-expected third-quarter earnings and revenue, while raising its full-year forecast.

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Compliance Roundup - 16 November 2022

CSA

In this issue: FCA shares findings of its review of treatment of borrowers in financial difficulty FCA Consumer Duty webinar available online FOS comments on Consumer Duty FCA chief data, information and intelligence officer delivers speech on regulation of AI FOS shares latest newsletter FCA enforcement - final notices and decision notices Consultations.

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How To Break Digital Transformation Barriers And Accelerate AI Adoption

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?