Wed.Dec 14, 2022

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QR-Based Payment Platform Expanding into the U.S.

Account Recovery

If you are an agency that is still trying to figure out how to be able to accept payments via PayPal or Venmo, you are now two steps behind, because a new instant payment technology for financial institutions has expanded into the United States after a successful launch in Brazil. Called Pix, the technology facilitates … The post QR-Based Payment Platform Expanding into the U.S. first appeared on AccountsRecovery.net.

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Fed Easing Rate Hikes May Be Good News for Housing Market

Nerd Wallet

Kate Wood writes for NerdWallet. Email: kwood@nerdwallet.com. Twitter: @[link]. The article Fed Easing Rate Hikes May Be Good News for Housing Market originally appeared on NerdWallet.

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Appeals Court Upholds Ruling for CFPB in Case Over Deceptive Solicitations

Account Recovery

The Court of Appeals for the Ninth Circuit has upheld a ruling in favor of the Consumer Financial Protection Bureau against a company and its owner that were sued for allegedly mailing deceptive solicitations to individuals that advertised help in applying for scholarships, determining that the owner meet one of the definitions for a “covered … The post Appeals Court Upholds Ruling for CFPB in Case Over Deceptive Solicitations first appeared on AccountsRecovery.net.

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3 Ways to Make Your Small Business More Sustainable

Nerd Wallet

Randa Kriss writes for NerdWallet. Email: rkriss@nerdwallet.com. The article 3 Ways to Make Your Small Business More Sustainable originally appeared on NerdWallet.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Daily Digest – December 14. Judge Grants MTD for Lack of Standing; Appeals Court Upholds Ruling for CFPB

Account Recovery

JUDGE GRANTS MTD FOR LACK OF STANDING IN FDCPA CASE WHERE LETTER WAS SENT TO REPRESENTED INDIVIDUAL Sending a letter to an individual who is represented by an attorney is not automatically a violation of the Fair Debt Collection Practices Act, a District Court judge in Illinois has ruled, determining that the injuries alleged to … The post Daily Digest – December 14.

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Judge Grants MTD for Lack of Standing in FDCPA Case Where Letter was Sent to Represented Individual

Account Recovery

Sending a letter to an individual who is represented by an attorney is not automatically a violation of the Fair Debt Collection Practices Act, a District Court judge in Illinois has ruled, determining that the injuries alleged to have been suffered by the plaintiff were not sufficient for the plaintiff to have standing to sue. … The post Judge Grants MTD for Lack of Standing in FDCPA Case Where Letter was Sent to Represented Individual first appeared on AccountsRecovery.net.

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What Exactly is “Fair” Credit?

Credit Corp

Article updated December 14th, 2022. There’s always a lot of buzz about the extreme ends of the credit scoring spectrum. How can you get excellent credit? What should you do if you have bad credit ? Less attention is paid to fair credit, which is ironic considering that’s where a large segment of consumers land. While credit scoring models and lender standards differ, the average American credit score is often nestled firmly in a range that could be considered fair.

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Superlative RM Hires John Curry as Vice President of Business Development

Account Recovery

PHOENIX, AZ – Superlative RM announced today that John Curry has joined the team as the Vice President of Business Development. Curry has over thirty-six years of experience in the ARM industry, having experience in sales and marketing and debt purchasing. This announcement comes as Superlative looks to expand and compete in new markets. Curry … The post Superlative RM Hires John Curry as Vice President of Business Development first appeared on AccountsRecovery.net.

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Holiday Travel Chaos is Coming: How to Handle It

Nerd Wallet

Sam Kemmis writes for NerdWallet. Email: skemmis@nerdwallet.com. Twitter: @samsambutdif. The article Holiday Travel Chaos is Coming: How to Handle It originally appeared on NerdWallet.

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When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

Are you finding some snags in your collections process? With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

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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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6 Safety Tips for Taking Taxis When Traveling

Nerd Wallet

Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com. The article 6 Safety Tips for Taking Taxis When Traveling originally appeared on NerdWallet.

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Compliance Roundup - 14 December 2022

CSA

In this issue: Government launches consultation on reform of Consumer Credit Act Chancellor announces ‘Edinburgh Reforms’; CSA chief executive offers initial thoughts Debt Camel reports on StepChange plans for mass IVA variation Scottish Parliament publishes stage 1 report on Moveable Transactions (Scotland) Bill FCA advises of s165 requests for principal firms regarding their appointed representatives FCA consults on guidance on options for firms supporting existing mortgage borrowers affected

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A New Car Under Sticker? It’s Possible — but Not by Much

Nerd Wallet

Philip Reed writes for NerdWallet. Email: articles@nerdwallet.com. Twitter: @AutoReed. The article A New Car Under Sticker? It’s Possible — but Not by Much originally appeared on NerdWallet.

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ERM Program Fundamentals for Success in the Banking Industry

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?

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Global Trade is in for a Rough 2023 After Record Highs in 2022

NACM

Despite high inflation and global supply chain issues, trade rose significantly in 2022. According to a report released Tuesday by the United Nations Conference on Trade and Development (UNCTAD), the value of global trade is expected rise 12% to almost $32 trillion this year. The significant rise in trade was due to strong growth in the first.

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How Travel Insurance Paid for a Couple’s Impromptu Wedding

Nerd Wallet

Adam Geinitz and his fiance, Jeremy, had planned to elope to Puerto Rico this past September. While weather reports indicated potential storms, the couple departed from their home in Colorado for their destination wedding anyway. But during their layover in New York, the storm worsened into what would become Hurricane Fiona. And as it became. Sally French writes for NerdWallet.

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