Tue.Dec 20, 2022

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Complaint Accuses Collector of ATDS Contact via Text After Being Informed of Attorney Representation

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 Complaint Accuses Collector of ATDS Contact via Text After Being Informed of Attorney Representation first appeared on Accounts

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Ask a Nerd: How Can I Avoid Overdraft Fees From Overspending?

Nerd Wallet

Chanelle Bessette writes for NerdWallet. Email: cbessette@nerdwallet.com. The article Ask a Nerd: How Can I Avoid Overdraft Fees From Overspending? originally appeared on NerdWallet.

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Company Prepping ‘Robot’ Lawyer Uses AI to Negotiate Lower Bills

Account Recovery

Want to see a negotiation, in real-time, between a customer service agent and a bot backed by artificial intelligence? Here you go: Here it is! The first ever Comcast bill negotiated 100% with A.I and LLMs.Our @DoNotPay ChatGPT bot talks to Comcast Chat to save one of our engineers $120 a year on their Internet … The post Company Prepping ‘Robot’ Lawyer Uses AI to Negotiate Lower Bills first appeared on AccountsRecovery.net.

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5 Tasks for Your Year-End Credit Card Checklist

Nerd Wallet

Craig Joseph writes for NerdWallet. Email: cjoseph@nerdwallet.com. The article 5 Tasks for Your Year-End Credit Card Checklist 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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Out-of-Pocket Healthcare Expenses Spike For Americans in 2023

Account Recovery

The amount that Americans pay out-of-pocket for healthcare grew by 10.5% in 2021, the highest year-over-year percent increase in nearly four decades, according to data released last week by the Centers for Medicare and Medicare Services. The data was released as part of the CMS’s National Health Expenditures report. Out-of-pocket expenses includes copays and deductibles … The post Out-of-Pocket Healthcare Expenses Spike For Americans in 2023 first appeared on AccountsRecovery.net.

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Judge Denies MSJ for Defendant in FDCPA Class Over SOL Language in Letter

Account Recovery

A District Court judge in New Jersey has denied a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act class-action case, ruling that it is unclear which state’s statute of limitations apply in determining the enforceability of an unpaid debt, and that the defendant’s actions may indicate it knew that the statute … The post Judge Denies MSJ for Defendant in FDCPA Class Over SOL Language in Letter first appeared on AccountsRecovery.net.

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SavorOne Student vs Discover It Student Chrome: SavorOne’s Rewards Make the Grade

Nerd Wallet

Jae Bratton writes for NerdWallet. Email: jbratton@nerdwallet.com. The article SavorOne Student vs Discover It Student Chrome: SavorOne’s Rewards Make the Grade originally appeared on NerdWallet.

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Daily Digest – December 20. Complaint Accuses Collector of ATDS Contact Via Text; Judge Denies MSJ for Defendant in FDCPA Class-Action

Account Recovery

COMPLAINT ACCUSES COLLECTOR OF ATDS CONTACT VIA TEXT AFTER BEING INFORMED OF ATTORNEY REPRESENTATION A complaint has been filed against a collector for allegedly violating the Fair Debt Collection Practices Act and the Telephone Consumer Protection Act by ignoring a notification that the plaintiff was being represented by an attorney and for knowingly or willfully … The post Daily Digest – December 20.

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2022 Year in Review: Partnerships, Customer Stories, Product Updates, and Thought Leader Interviews

PDC Flow

PDCflow has worked hard throughout 2022 to offer the best possible payment communication software possible to our customers. With the new year approaching, we wanted to give you – our customers and subscribers – another chance to catch up on our latest partnerships, product enhancements, educational content and video interviews (highlighting some of our accomplishments along the way).

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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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Call vs. Put: What’s the Difference?

Nerd Wallet

Sam Taube writes for NerdWallet. Email: staube@nerdwallet.com. Twitter: @samuel_taube. The article Call vs. Put: What’s the Difference? originally appeared on NerdWallet.

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CFPB Report Finds Household Financial Health is Declining after Several Years of Increased Savings

Consumer Finance

Today, CFPB released a new Making Ends Meet report covering the financial health of American households.

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Is Cancel For Any Reason Travel Insurance Worth It?

Nerd Wallet

Lee Huffman writes for NerdWallet. Email: travel@nerdwallet.com. The article Is Cancel For Any Reason Travel Insurance Worth It? originally appeared on NerdWallet.

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6 Tips to Increase Your Cashflow During a Crisis

JMA

Cashflow is the lifeline of any business. It is the movement of money into and out of a business, individual, or other entity, and it refers to the inflow of cash from the sale of goods or services and the outflow of cash to pay for expenses and investments. It essentially indicates how well your. Read more » The post 6 Tips to Increase Your Cashflow During a Crisis appeared first on JMA Credit Control.

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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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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities. State Activities. Federal Activities: On December 16, the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) filed an amicus brief in the Eleventh Circuit in support of a plaintiff-appellant who filed a Section 1681s-2(b) claim against a furnisher f

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Will bankruptcy hurt my future career?

Roths Child Law

If you are going through financial problems, the last thing you want is trouble finding or keeping a job. However, if you are like most people contemplating bankruptcy, then chances are you are wondering how bankruptcy will impact your current and/or future employment prospects. . Will you lose your current job or have a difficult time finding work after declaring bankruptcy?

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5 Ways Digital Payments Will Change FIs and Fraud in 2023

Fico Collections

Home. Blog. FICO. 5 Ways Digital Payments Will Change FIs and Fraud in 2023. New digital payments channels and methods will grow next year, giving new opportunities for fraudsters and scammers. FICO Admin. Tue, 07/02/2019 - 02:45. by TJ Horan. Vice President, Product Management. expand_less Back To Top. Tue, 12/20/2022 - 10:20. As I look back on 2022, I’m reluctant to lean too far into predictions for 2023.

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December Newsletter – What kind of a training program should your legal partner have?

Jimerson Firm

Featured in the December 2022 Issue. Partner’s Perspective: What kind of a training program should your legal partner have? Stewart Subjinski presents to SHRM on The Lifecycle of an EEOC Charge and How it Affects Your Company. Blog Highlights. Curiosities, Ruminations and Various Eccentricities of Firm Biz. READ NEWSLETTER. The post December Newsletter – What kind of a training program should your legal partner have?

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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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How Much Is Car Insurance in Florida?

Nerd Wallet

Ben Moore writes for NerdWallet. Email: bmoore@nerdwallet.com. The article How Much Is Car Insurance in Florida? originally appeared on NerdWallet.

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Bank of Japan Makes Surprise Monetary Policy Change

NACM

Japan's unexpected turn on its monetary policy has rattled global markets as the Bank of Japan (BoJ) loosened its 10-year yield curve cap. "The Bank of Japan caught markets off guard by tweaking its yield controls to allow the yield on its 10-year JGB to move 0.5% either side of its 0% target, up from 0.25% previously, in a move aimed at cushioning.

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Home Renovation Insurance: What You Need to Know

Nerd Wallet

Sarah Schlichter writes for NerdWallet. Email: sschlichter@nerdwallet.com. The article Home Renovation Insurance: What You Need to Know originally appeared on NerdWallet.

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6 Things to Know About Disney FastPass

Nerd Wallet

Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com. The article 6 Things to Know About Disney FastPass originally appeared on NerdWallet.

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The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders. When done effectively, it can help interpret complex risk environments for leaders and inform their decision-making.