Fri.Dec 09, 2022

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Judge Vacates Default Judgment Against Defendant in FDCPA Suit

Account Recovery

A District Court judge in Indiana has granted a motion to vacate a default judgment that was entered against a defendant in a Fair Debt Collection Practices Act case, ruling that the plaintiff never properly served the defendant with the summons and complaint, after the defendant removed the case to federal court. A copy of … The post Judge Vacates Default Judgment Against Defendant in FDCPA Suit first appeared on AccountsRecovery.net.

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4 Signs Your B2B Collections Policy Isn't Working

Enterprise Recovery

The objective of an effective collections policy is to ensure that clients pay on time. The policy will also determine what happens when the client doesn't pay within the timeframe of their payment terms. When your business is struggling with cash flow or falling behind on collecting what's owed, it could be a sign that the policy needs updating. Here are signs that your B2B collections policy isn't working.

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Payment Platforms Lacking for Healthcare Providers: Survey

Account Recovery

Fewer than 60% of healthcare providers are satisfied with their current patient payment systems and 30% said their most recent implementations were not successful, according to the results of a survey by Bank of America and The Strawhecker Group. The results underscore what consumers are looking for when making payments generally, and can help healthcare … The post Payment Platforms Lacking for Healthcare Providers: Survey first appeared on AccountsRecovery.net.

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Even With Payments Paused, Student Loan Borrowers Struggle

Nerd Wallet

Eliza Haverstock writes for NerdWallet. Email: ehaverstock@nerdwallet.com. Twitter: @elizahaverstock. The article Even With Payments Paused, Student Loan Borrowers Struggle 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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Judge Grants TRO Blocking Enactment of New Garnishment Law in Arizona

Account Recovery

A state court judge in Arizona has granted a temporary restraining order halting the enactment of a measure approved by voters last month that increases the amount that is shielded from garnishments to pay medical debts while also lowering judgment interest rates that can be charged. The Arizona Protection from Predatory Debt Collection Act was … The post Judge Grants TRO Blocking Enactment of New Garnishment Law in Arizona first appeared on AccountsRecovery.net.

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Daily Digest – December 9. Class Action Accuses Defendant of Not Including SOL Disclosure; Judge Grants TRO Blocking Arizona Garnishment Law

Account Recovery

CLASS ACTION ACCUSES DEFENDANT OF NOT INCLUDING SOL DISCLOSURE IN LETTER A class-action lawsuit has been filed against a collector for allegedly violating the Fair Debt Collection Practices Act because it failed to include a disclosure that the statute of limitations for filing a lawsuit to collect on the debt had expired and filed a … The post Daily Digest – December 9.

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Another Big Bank Gets Into Small-Dollar Loans

Nerd Wallet

Cara Smith writes for NerdWallet. Email: cara.smith@nerdwallet.com. Twitter: @[link]. The article Another Big Bank Gets Into Small-Dollar Loans originally appeared on NerdWallet.

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CICMQ Accredited Companies Discuss Their Current Situation During These Challenging Economic Times

CICM

On Wednesday, 23rd November, CICM and Head of Accreditation Karen Tuffs FCICM hosted an exclusive CICMQ virtual event with our prestigious accredited companies in attendance. The event, ‘ Supporting Our Network Through Challenging Economic Times’ , asked our companies about the current economic situation, how they were putting the well-being of their employees into practice and any adjustments for their customer’s payment terms.

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Where to Drink Alcohol in the Magic Kingdom

Nerd Wallet

Visiting Disney World in Orlando, Florida, and searching for a way to wet your whistle that’s just for the 21-plus crowd? Whether or not you’re at a Disney park with children, you may be keen to sample an adult beverage during your stay. Well, you can! Epcot may be known as the park with the. Alisha McDarris writes for NerdWallet. Email: travel@nerdwallet.com.

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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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The ever-expanding role of big data

On Guard

A whopping 41% of finance professionals expect big data to be the gamechanger within the industry. The FinTech Barometer, Onguard’s annual finance survey, shows for several consecutive years that the availability of data is of great importance to organisations. In as many as 95% of companies, data plays a role. Graydon research, for example, shows that companies that use big data in their decision-making and business processes perform 20% better than those that do not.

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Smart Money: How to Find the Humor in Money Management

Nerd Wallet

Welcome to NerdWallet’s Smart Money Podcast, where we answer your real-world money questions. This week’s episode features a conversation with author Joe Saul-Sehy about making managing your finances fun. Personal finance Nerd Kim Palmer talks with Saul-Sehy about techniques for budgeting, saving and paying off debt that don’t have to be a drag. Check out this.

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What is a keeper attachment and how does it help collection efforts?

Collections Law

Collecting on a debt owed by another business is not always an easy task. Those who are looking for effective and aggressive legal options to collect on outstanding debts can find the advocacy they need with the attorneys at the Law Offices of Alan M. Cohen who have helped businesses collect on outstanding debt since 1994. What collection options are available in Massachusetts?

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5 Ways Credit Cards Can Beat Buy Now, Pay Later Plans

Nerd Wallet

[link]. Melissa Lambarena writes for NerdWallet. Email: mlambarena@nerdwallet.com. Twitter: @LissaLambarena. The article 5 Ways Credit Cards Can Beat Buy Now, Pay Later Plans 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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The ever-expanding role of big data

On Guard

A whopping 41% of finance professionals expect big data to be the gamechanger within the industry. The FinTech Barometer, Visma | Onguard’s annual finance survey, shows for several consecutive years that the availability of data is of great importance to organisations. In as many as 95% of companies, data plays a role. Graydon research, for example, shows that companies that use big data in their decision-making and business processes perform 20% better than those that do not.

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U.S. Bank Shopper Cash Rewards vs. U.S. Bank Cash+: A Clash of Customizable Cards

Nerd Wallet

Craig Joseph writes for NerdWallet. Email: cjoseph@nerdwallet.com. The article U.S. Bank Shopper Cash Rewards vs. U.S. Bank Cash+: A Clash of Customizable Cards originally appeared on NerdWallet.

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UK Treasury announces ‘Edinburgh Reforms’ to financial services sector

CSA

Commenting on Chancellor Jeremy Hunt’s speech today in Edinburgh on financial services industry reforms, CSA Chief Executive Chris Leslie said: “Most of the reforms announced today are a collection of changes aimed at enhancing the UK’s banking sector competitiveness following Brexit. Pressure has been on Ministers to illustrate a post-Brexit ‘regulatory dividend’ of the decoupling from EU rules and so reform of the insurance sector’s Solvency II regime and a review of Mifid II in respect of res

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Best Medicare Advantage Plans in Maine

Nerd Wallet

About 360,000 people in Maine are signed up for Medicare — more than a quarter of the state’s population. Medicare is the federal health insurance program for people ages 65 and older. Medicare Advantage is a bundled alternative to Medicare sold by private companies. It offers all the same benefits and usually some extras, such. Alex Rosenberg writes for NerdWallet.

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You Put in a Full Work Week. Shouldn’t Your Collections Software Do the Same?

Discover a modern, cloud-based collection system that never takes a rest day. MeridianLink® Collect is an intuitive platform with advanced customization options developed to simplify the collections process. Here are four ways MeridianLink Collect can support your team: Omnichannel communications Compliance rules & checklists Workflows & queues One interface with supporting integrations And that’s just the start.

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Transform into a Strategic Leader

NACM

? Credit professionals make dozens if not hundreds of decisions each day—decisions that play a massive role in the success or downfall of their company. But in order to get recognition from the C-Suite, creditors must adopt a strategic mindset.? Hear from Nancy Watson-Pistole CCE ICCE and Jason L Mott, CCE about how to start changing upper ma.

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Exodus Crypto Wallet Review 2022: Pros, Cons and How It Compares

Nerd Wallet

Our Take 4.6 The bottom line: Guarda’s cryptocurrency wallet gives you a lot of options if you want to store your cryptocurrency on an internet-connected device, supporting thousands of cryptocurrencies using mobile, desktop and browser-based applications. Pros & Cons Pros: Large selection of supported cryptocurrencies; useful tools across desktop, mobile and browser apps.

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