Fri.Dec 16, 2022

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Daily Digest – December 16. Suit Accuses Collector of Attempting to Collect on Non-Existent Lease; Cap One to Pay $2M to Settle Collection Enforcement Action

Account Recovery

SUIT ACCUSES COLLECTOR OF ATTEMPTING TO COLLECT ON NON-EXISTENT LEASE A debt collector has been sued for allegedly violating the Fair Debt Collection Practices Act and the Fair Credit Reporting Act for attempting to collect on an account that was placed with the agency for an apartment lease — which the plaintiffs claim was never … The post Daily Digest – December 16.

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How to Recover After Losing a Client

Enterprise Recovery

Losing a client after establishing a relationship and putting in work efforts can be disruptive to any organization. It's especially painful if you're working as an independent contractor, freelance, or as a growing business. The loss in revenue may mean that you need to find another client immediately. There are some practical steps you can take to bounce back.

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State AG Investigating Healthcare Provider for ‘Aggressive’ Collection Practices

Account Recovery

The Attorney General of Minnesota is investigating the billing and collection practices of a well-know healthcare provider, following a published report that detailed how the provider is filing collection lawsuits to recover unpaid medical debts from low-income patients. A spokesman for Keith Ellison, the AG of Minnesota, said that the “apparent aggressive bill-collection conduct” that … The post State AG Investigating Healthcare Provider for ‘Aggressive’ Collection Practices f

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5 Things Underrepresented Entrepreneurs Can Do to Grow Their Business

Credit Corp

As a member of an underrepresented community, your existence in the business world might be slightly different than that of your peers. Whether you’re a woman, a person of color, or part of the LGBTQ+ community, the world of entrepreneurship can present unique challenges. While there are many basic ways to get started as an entrepreneur , expanding an existing underrepresented business is different.

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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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Capital One to Pay $2M As Part of Collection Call Enforcement Action

Account Recovery

One of the nation’s largest financial institutions has been ordered by a state court judge in California to pay $2 million after it was accused of violating the Rosenthal Fair Debt Collection Practices Act and the Fair Debt Collection Practices Act by making “harassing and annoying” debt collection calls to its customers. Capital One will … The post Capital One to Pay $2M As Part of Collection Call Enforcement Action first appeared on AccountsRecovery.net.

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Judge Grants Judgment for Defendant in FDCPA Case Over Garnishment from Joint Bank Account

Account Recovery

In a case that was defended by Rick Perr at Kaufman Dolowich & Voluck, a District Court judge in Pennsylvania has granted a judgment on the pleadings for a defendant that was accused of violating the Fair Debt Collection Practices Act when it garnished a joint bank account despite allegedly knowing it contained funds immune … The post Judge Grants Judgment for Defendant in FDCPA Case Over Garnishment from Joint Bank Account first appeared on AccountsRecovery.net.

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ANA First Class “The Suite” Review

Nerd Wallet

All Nippon Airways wowed travelers in 2019 by unveiling a new first class product: The Suite. Combined with ANA’s reputation for incredible onboard service and excellent food and drink, ANA’s The Suite quickly landed near the top on lists ranking the best first class product in the world. However, shortly after its launch, the pandemic. JT Genter writes for NerdWallet.

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Suit Accuses Collector of Attempting to Collect on Non-Existent Lease

Account Recovery

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 Suit Accuses Collector of Attempting to Collect on Non-Existent Lease first appeared on AccountsRecovery.net.

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Stubbornly High Prices, a Way to Boost Savings and ‘Ticketmaybe’

Nerd Wallet

Hal M. Bundrick, CFP® writes for NerdWallet. Email: hal@nerdwallet.com. Twitter: @halmbundrick. The article Stubbornly High Prices, a Way to Boost Savings and ‘Ticketmaybe’ originally appeared on 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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Federal Court Holds That Bank’s Arbitration Clause Fails for Lack of Meaningful Opt-Out

Troutman Sanders

Is an arbitration provision enforceable if it is added to a bank’s deposit account agreement four years after the account is opened and contains no meaningful opt-out clause? According to the United States District Court for the Southern District of New York, the answer to that question is no. A copy of the court’s decision and order can be found here.

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Which Credit Card Rewards Can Be Used for Apple Purchases?

Nerd Wallet

Apple is one of the most popular consumer brands in the world, so it’s no surprise that many banks allow you to redeem points for Apple merchandise and gift cards. If you’re in the market for an Apple product and have a pile of points collecting dust, applying those points towards your purchase could be. Craig Joseph writes for NerdWallet. Email: cjoseph@nerdwallet.com.

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Mashup: Communication, Payment Portals and Supply Chains

NACM

? On this week's episode of Extra Credit, we have a mashup of three important topics!? How best to communicate the urgency of payment to customers with Yazmin Yepez. ? Tips for easing the pain of customer payment portals with Kimberly Tatum. ? Why knowledge of the supply chain is no longer optional in B2B credit with Shaun Papperman.

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The Best Cruise Lines

Nerd Wallet

Lee Huffman writes for NerdWallet. Email: travel@nerdwallet.com. The article The Best Cruise Lines originally appeared on 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.