Thu.Sep 29, 2022

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ProVest Introduces a Compliance Solution

Account Recovery

TAMPA, Fla. – Sept. 26, 2022 – ProVest, an industry leader in serving legal process,announced a new compliance solution for its clients. Clients can now follow each audit step taken on every job in the ProVest QA PDF document. Files can be exported and stored on the client’s system for easy retrieval and used as … The post ProVest Introduces a Compliance Solution appeared first on AccountsRecovery.net.

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Protect Your Business with These B2B Contract Terms

Enterprise Recovery

When selling your goods and services to another business, it's wise for both parties to sign a legally-binding agreement. This agreement will set expectations for both parties as well as provide proof of the arrangement if one of the parties doesn't come through. A contract is an invaluable record that you and your business client are willingly working together.

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FCC Starts Rulemaking Process to Block Unwanted Text Messages

Account Recovery

The Federal Communications Commission yesterday announced a Notice of Proposed Rulemaking that seeks to crack down on illegal and fraudulent text messages, finally taking action more than a year after initially announcing the proposal. The number of complaints received by the FCC related to unwanted text messages increased by 146% between 2019 and 2020, and … The post FCC Starts Rulemaking Process to Block Unwanted Text Messages appeared first on AccountsRecovery.net.

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CFPB Sues MoneyLion for Overcharging Servicemembers and Trapping Consumers in Costly Memberships

Consumer Finance

The online lender allegedly required customers to pay hefty fees to access loans and often refused to cancel memberships.

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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 – September 28. Judge Grants MTD in FDCPA Case Over Attorney References in Letter; FCC Starts Rulemaking Process to Block Unwanted Texts

Account Recovery

JUDGE GRANTS MTD IN FDCPA CASE OVER REFERENCES TO ATTORNEY REVIEW IN LETTER Making references to an attorney potentially reviewing an account to determine whether to pursue legal action does not overshadow the validation notice, when worded properly, a District Court judge ruled. The letter explicitly stated that any review would only take place after … The post Daily Digest – September 28.

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Minn. Regulator Fines Debt Buyer For Operating Without License

Account Recovery

A debt buyer has been fined $5,000 — $4,000 of which was stayed — by the Minnesota Department of Commerce after purchasing 178 charged-off accounts for collection purposes despite not having a collection agency license in the state. A copy of the settlement in the matter against Shepherd Outsourcing can be accessed by clicking here. … The post Minn.

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3 Common Types of Life Insurance Fraud — and How to Stay Savvy

Nerd Wallet

Fraud is a persistent problem for the insurance industry, and it’s one we all pay for. The Coalition Against Insurance Fraud estimates it costs insurers $308.6 billion a year industrywide, leaving customers to recoup the losses with higher rates. People commit life insurance fraud to the tune of $74.7 billion a year, according to the. Katia Iervasi writes for NerdWallet.

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20 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 20 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

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Medicare Part B 2023 Premiums Dip, Bucking Inflation Trends

Nerd Wallet

While inflation is pushing up prices for almost everything else, Medicare is about to be less expensive. Medicare Part B premiums will go down for 2023, according to an announcement Tuesday by the Centers for Medicare & Medicaid Services, or CMS. The monthly premium for Medicare Part B will fall to $164.90 in 2023 for. Alex Rosenberg 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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Judge Grants MTD in FDCPA Case Over References to Attorney Review in Letter

Account Recovery

A District Court judge in New York has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act because a collection letter included five references to an attorney potentially reviewing the account in question to pursue legal collection activities, which allegedly overshadowed the validation notice.

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5 Things to Know About the Dick’s Sporting Goods Credit Card

Nerd Wallet

Customers who frequently spend at Dick’s Sporting Goods can defray the costs of clothing, gear and more with the store’s co-branded credit card — but it’s hardly an MVP compared with other rewards credit cards. Formerly known as the Dick’s Sporting Goods credit card, the Synchrony-issued ScoreRewards Mastercard may be used at Dick’s and stores. Melissa Lambarena writes for NerdWallet.

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Congratulations to Renee Fatovic for passing Florida bar exam

Price Meese

Price Meese Shulman & D’Arminio, P.C. is pleased to announce that Renee Fatovic has been admitted to the Florida Bar. A seasoned litigator, real estate and trust and estates attorney, Renee will be taking the lead in counseling the Firm’s clients in the Sunshine State. The post Congratulations to Renee Fatovic for passing Florida bar exam appeared first on Price, Meese, Shulman & D’Arminio, PC.

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Are Luxury Marriott Hotels Worth the Cost Anymore?

Nerd Wallet

Marriott is transitioning its hotel loyalty program, Marriott Bonvoy, to dynamic award pricing — meaning award prices will vary based on demand. And that’s bad news for Bonvoy members who want to redeem points for stays at luxury Marriott hotels. Starting in 2023, Marriott will remove all limits on awarding pricing. After that, there will. JT Genter writes for NerdWallet.

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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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Delivering Trust for Risk-Aware Telcos - Using Data and Analytics

Fico Collections

Home. Blog. FICO. Delivering Trust for Risk-Aware Telcos - Using Data and Analytics. Pre-screened, right-sized offers and the efficient use of ‘just-in-time’ data are helping telcos win, retain and safeguard more customers – regardless of age or credit profile. FICO Admin. Tue, 07/02/2019 - 05:23. by Tim Young. expand_less Back To Top. Wed, 09/28/2022 - 15:25.

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U.S. Chamber of Commerce Backs Walmart in FTC Suit

Troutman Sanders

On September 6, the U.S. Chamber of Commerce (the Chamber) submitted an amici curiae brief in support of Walmart in Federal Trade Commission v. Walmart Inc. , No. 1:22-cv-3372 (N.D. Ill). The amici curiae arises out of the Federal Trade Commission’s (FTC) suit against Walmart, alleging that the retail company failed to properly secure money transfer services offered at Walmart stores, thereby assisting fraudsters in illegal transactions.

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Federal Reserve Expects Unemployment to Rise

NACM

​The Federal Reserve ramped up its fight against inflation last week with a 0.75% rate hike and hinted to more interest rate increases in the future. The Central Bank expects a jump in unemployment as a result. "There will very likely be some softening of labor market conditions," Fed Chair Jerome Powell said during a press conf.

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