Fico Collections
NOVEMBER 19, 2019
The Contingent Reimbursement Model (CRM) is a UK payments industry initiative designed to reimburse victims of authorised push payment fraud (APP fraud). Over the past decade, there has been an ever increasing stream of APP fraud where social engineering techniques are used to trick people or representatives of businesses to send money from their bank accounts to a fraudster.
NCBA Law Practice Management Blog
NOVEMBER 19, 2019
If you’re still waiting on cash, checks or money orders, there’s a better way. Consumers want, and you can offer them, electronic payment processing, via credit or debit card. Many law firms avoid this option, because of payment processing fees associated with these systems; but, the fact of the matter is that electronic payment processing tools get you more money, sooner -- and, even assuming the processing fees attached to these accounts, they still cost less than traditional payment methods w
Consumer Financial Services Law
NOVEMBER 19, 2019
On November 14, 2019, the House Committee on Financial Services passed the following bills which would amend the federal Fair Debt Collection Practices Act and tighten consumer protections. The bills will now make their way to full House for further consideration. The Ending Debt Collection Harassment Act of 2019 (H.R. 5021 ) is a response to the proposed Debt Collection Rules and proposes to prohibit a debt collector from contacting a consumer by email or text message without a consumer’s conse
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