Wed.May 18, 2022

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25 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 25 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

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CFPB Bolsters Enforcement Efforts by States

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) issued an interpretive rule that describes states’ authorities to pursue lawbreaking companies and individuals that violate the provisions of federal consumer financial protection law. Because of the crucial role states play in protecting consumers, the Consumer Financial Protection Act grants their consumer protection enforcers the authority to protect their citizens and otherwise pursue lawbreakers.

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CFPB Launches Program to Promote ‘Consistent’ Enforcement of Consumer Protection Laws, Including the FDCPA

Account Recovery

Looking to keep its fellow regulators on the same page, the Consumer Financial Protection Bureau has announced a plan to provide guidance to other federal agencies charged with enforcing consumer protection laws like the Fair Debt Collection Practices Act, while also helping companies complying with those laws to have them applied consistently. The CFPB will … The post CFPB Launches Program to Promote ‘Consistent’ Enforcement of Consumer Protection Laws, Including the FDCPA app

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Hotels Tap Into Hot Amenity Amid Surging Gas Prices

Nerd Wallet

Given high gas prices, it might make sense that your next vacation involves an electric vehicle rather than one that’s gas-powered. Whether you’re renting an electric car for the first time or road-tripping in one that you own, when you travel you’re likely going to want to charge it at the same location you’re staying. Sally French writes for NerdWallet.

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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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Daily Digest – May 18. Appeals Court Upholds Ruling for Call Center in Age Discrimination Case; Student Loan Debt Leads to Higher Chance of Heart Disease

Account Recovery

APPEALS COURT UPHOLDS RULING IN FAVOR OF CALL CENTER IN AGE DISCRIMINATION CASE The Court of Appeals for the Fifth Circuit has upheld a lower court’s summary judgment ruling in favor of a defendant that was sued for violating the Age Discrimination in Employment Act and state law in Texas after the plaintiff accused the … The post Daily Digest – May 18.

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Student Loan Debt Leads to Higher Chance of Heart Problems Later in Life: Study

Account Recovery

A study that has been published in the American Journal of Preventive Medicine gives companies in the accounts receivable management industry that collect on student loan debt another arrow in their quiver to convince individuals to pay off their debts — if you don’t do it, you have a higher risk of being diagnosed with … The post Student Loan Debt Leads to Higher Chance of Heart Problems Later in Life: Study appeared first on AccountsRecovery.net.

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How to Get a Loan to Buy a Business

Nerd Wallet

Not everyone wants to take on the challenge of building a business from the ground up. An attractive alternative can be to step into a business that’s already up and running by purchasing it from the current owner. Some advantages of buying a business may include easier financing, an established customer base and an existing. Lisa Anthony writes for NerdWallet.

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Appeals Court Upholds Ruling in Favor of Defendant in Call Center Age Discrimination Case

Account Recovery

The Court of Appeals for the Fifth Circuit has upheld a lower court’s summary judgment ruling in favor of a defendant that was sued for violating the Age Discrimination in Employment Act and state law in Texas after the plaintiff accused the call center he worked for of passing him over for promotion based on … The post Appeals Court Upholds Ruling in Favor of Defendant in Call Center Age Discrimination Case appeared first on AccountsRecovery.net.

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5 Ways to Control Your Inventory So It Doesn’t Control You

Nerd Wallet

Managing inventory is a task that can make or break your small business. With too much inventory, profits suffer and storerooms overflow. With too little, items get back-ordered, customers get frustrated and business is lost. And striking a balance is hard, especially with disruptions to the global supply chain in the last few years causing. Dalia Ramirez writes for NerdWallet.

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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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Restraining the Bank Account of an Out-of-State Debtor

FFGN COLLECT NY

Can you use a judgment to restrain a bank account or other assets maintained by a judgment debtor outside of New York state? When it comes to out-of-state debtors, restraining a bank account is possible, but depends on certain factors. Consider the following situation. A New York creditor files suit in New York against a California debtor. The debtor is properly served with the complaint in California and fails to answer the complaint.

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Can Non-U.S. Citizens Get a Personal Loan?

Nerd Wallet

Qualifying for a personal loan can be challenging for anyone, but non-United States citizens have an especially difficult time. Many lenders have strict eligibility requirements in terms of citizenship, leaving non-citizens with limited access to affordable financing. However, some lenders offer personal loans to non-citizens, depending on the details of their immigration and what documentation.

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Reasons Why Small Companies Can Benefit From Debt Collection

Taurus Collect

To keep your business afloat, you must thrive on collecting the payment of the products and services your company renders to your customers. The more mature the debt becomes, the more challenging it becomes to manage it. Thus, if your collection demands are unsuccessful, hiring a debt collection agency will significantly help you. When hearing the word “debt collection agency,” most people think about aggressive debt collectors who track down the debtors to collect unpaid bills.

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How to Use Travel Funds on United

Nerd Wallet

Like other major U.S. airlines, United provides travel funds for its customers. These can come about as a gift due to a canceled flight or other reasons. However, finding and using these funds isn’t the most intuitive experience. So let’s look at how to apply travel funds on United, where you can find them and. Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com.

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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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Businesses going bust forces a council to write off £560k

UK debt collections

More than half of the bad debts written off by a council in the last six months of last year were caused by businesses going bust. East Lothian Council has revealed it wrote off more than £560,000 in debts during the last financial year. However in the six months from October 2021 to March 2022 it said over half of the unpaid £301,954 written off was caused by companies or traders going bust.

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FICO World 2022: Digital Transformation Success Stories

Fico Collections

Winners take the stage. On our fourth and final day at FICO World 2022 last week, 24 of our customers took to the main stage to receive recognition as winners in our FICO Decisions Awards. Company representatives were recognized for their digital transformation success stories with engraved crystal trophies by FICO's executive vice president of software, Stephanie Covert and myself.

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FTC: Not enough baby formula means plenty of scammers

Public Citizen

A Federal Trade Commission Consumer Alert warns about baby-formula scans and offers advice, here.

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Homebuilding Permits Tumble in April

NACM

The housing market is showing signs of cooling, as U.S. homebuilding permits dropped to a five-month low last month, Reuters reports. "Homebuilding was already being constrained by soaring prices as well as shortages of materials," the article reads. "The housing market is the sector of the economy most sensitive to interest rates, with building pe.

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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.