Account Recovery
SEPTEMBER 29, 2022
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.
Enterprise Recovery
SEPTEMBER 29, 2022
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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Account Recovery
SEPTEMBER 29, 2022
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.
Nerd Wallet
SEPTEMBER 29, 2022
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.
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
SEPTEMBER 29, 2022
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.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
SEPTEMBER 29, 2022
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.
Consumer Finance
SEPTEMBER 29, 2022
The online lender allegedly required customers to pay hefty fees to access loans and often refused to cancel memberships.
Account Recovery
SEPTEMBER 29, 2022
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.
Consumer Finance
SEPTEMBER 29, 2022
Blanket withholding of academic transcripts to pressure borrowers to pay cited as unlawful.
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Account Recovery
SEPTEMBER 29, 2022
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.
Nerd Wallet
SEPTEMBER 29, 2022
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.
Fico Collections
SEPTEMBER 29, 2022
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.
Troutman Sanders
SEPTEMBER 29, 2022
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.
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?
Nerd Wallet
SEPTEMBER 29, 2022
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.
Price Meese
SEPTEMBER 29, 2022
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.
NACM
SEPTEMBER 29, 2022
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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