Wed.Nov 09, 2022

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Judge Grants MSJ For Defendant in TCPA Case Over One Wrong Number Call

Account Recovery

A District Court judge in Texas has granted a defendant’s motion for summary judgment in a Telephone Consumer Protection Act case ruling that a single wrong number placed by a collector to the plaintiff did not violate the statute, while also warning the plaintiff — who has “repeatedly” filed similar cases, without success — that … The post Judge Grants MSJ For Defendant in TCPA Case Over One Wrong Number Call appeared first on AccountsRecovery.net.

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CFPB Publishes New Bulletin Analyzing Rise in Crypto-Asset Complaints

Consumer Finance

“Pig butchering” and other scams lead list of crypto-asset complaints.

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Suspending Licenses Doesn’t Improve Collection Rates: Report

Account Recovery

State law in Tennessee allows for the revocation of driver’s licenses of those who owe debts to the court system, but suspending licenses actually does not improve collection rates, according to a report released by a nonpartisan think tank in the state. Income, not having their driver’s license suspended or revoked, is a bigger driver … The post Suspending Licenses Doesn’t Improve Collection Rates: Report appeared first on AccountsRecovery.net.

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The Roth IRA Trick That Can Combat Inflation

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. The Roth IRA can be an attractive retirement account to all types of investors. One reason is that Roth.

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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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25 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 25 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

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Daily Digest – November 9. Recapping the Mid-Term Election Results Through the Eyes of the ARM Industry; Judge Grants MSJ for Defense in TCPA Wrong Number Case

Account Recovery

RECAPPING MID-TERM ELECTION RESULTS RELATED TO THE ARM INDUSTRY While the fight for control of Congress continues as the ballots from yesterday’s mid-term elections continue to be counted, a number of ballot initiatives and races were called and will have an impact on the ARM industry. From ballot measures in Arizona and Oregon to a … The post Daily Digest – November 9.

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CFPB Issues Guidance to Address Shoddy Investigation Practices by Consumer Reporting Companies

Consumer Finance

When consumer reporting companies and furnishers fail to investigate disputed information, consumers are left paying higher interest rates and face greater difficulty finding housing, employment.

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Recapping Mid-term Election Results Related to ARM Industry

Account Recovery

Voters in Arizona yesterday approved a measure that will increase the amounts that consumers can shield from garnishments to pay medical debts while also lowering judgment interest rates in a move that is expected to be taken up in other states across the country, while a state Attorney General who is very well-known to the … The post Recapping Mid-term Election Results Related to ARM Industry appeared first on AccountsRecovery.net.

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Why Booking Travel on Your Phone Is a Bad Idea

Nerd Wallet

Since the first iPhone launched 15 years ago, consumer shopping habits have slowly but relentlessly shifted toward mobile devices. According to a survey of 3,250 U.S. consumers from Pymnts.com, a website dedicated to analyzing the role of payments in new tech, the majority of travel service purchases (51.4%) were made on a mobile device in. Sam Kemmis writes for 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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TrueAccord Joins the Visa Fintech Partner Connect Program

Account Recovery

LENEXA, Kan., Nov. 8, 2022 — TrueAccord Corp, a debt collection company using machine learning-powered digital recovery solutions to improve consumer experience, today announced it joined the Visa Fintech Partner Connect program. Through Visa Fintech Partner Connect, TrueAccord is Visa Ready certified. This certification helps technology companies build and launch payment solutions that meet Visa’s global standards around … The post TrueAccord Joins the Visa Fintech Partner Con

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4 Easy Ways to Start Investing With $100 or Less

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Whether your student loans are being forgiven, you received a gift or earned some extra cash this month, using.

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National Creditors Bar Association, President Steve Markoff, Swear in New Board at Tampa Conference

Account Recovery

SARASOTA, FL – The National Creditors Bar Association (NCBA) held its annual Fall Conference in Tampa, FL October 26-28th with more than 800 attendees. Steve Markoff of Markoff Law LLC, Chicago, IL, continues his term as President of NCBA and swore in new officers to its Board of Directors including President-Elect Barbara Nilsen of Blitt … The post National Creditors Bar Association, President Steve Markoff, Swear in New Board at Tampa Conference appeared first on AccountsRecovery.net.

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Workers’ Wages on the Ballot: Here’s What Happened

Nerd Wallet

When wage increases are on the ballot, voters usually say yes. That was the case in multiple states with one notable loss in Portland, Maine. Meanwhile, Illinois cemented collective bargaining rights into its constitution, and Tennessee will bake right-to-work law into its own. Here’s how the 2022 midterm election played out for workers across the. Anna Helhoski writes for 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.

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La CFPB Publica un Nuevo Boletín donde Analiza el Aumento de Quejas sobre Cripto Activos

Consumer Finance

Engaños y otras estafas encabezan la lista aparecida en las quejas recibidas.

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5 Buy Now, Pay Later Headaches to Avoid This Holiday Season

Nerd Wallet

Shoppers filling their carts this holiday season will likely have the option to “buy now, pay later” at checkout. Known as BNPL for short, these payment plans break up your purchase into smaller, equal installments, often for zero interest and no fees if you pay on time. If you’re looking to stretch your gifting dollars. Jackie Veling writes for NerdWallet.

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Permanent Version of DC’s Protecting Consumers From Unjust Debt Collection Practices Amendment Act Takes Effect January 1, 2023

Troutman Sanders

As we previously discussed here , in March 2022, the D.C. Council of the District of Columbia Committee of the Whole met in a full hearing, in part to hear amendments introduced to B24-0357, known as the Protecting Consumers From Unjust Debt Collection Practices Amendment Act (Act). The Act contains a host of new and amended requirements with respect to collection activities and litigation involving residents of the district and applies to both debt collectors and creditors collecting their own

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This Might Be the Busiest Day to Fly This December

Nerd Wallet

Most weeks of the year, Fridays are the busiest days to fly, checkpoint data from the Transportation Security Administration shows. And just ahead of this Christmas, travelers may face one of the busiest Fridays yet: Friday, Dec. 23. There are a few reasons why this date is shaping up to be one of the busiest. Sally French writes for NerdWallet. Email: sfrench@nerdwallet.com.

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Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

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Bankruptcy isn’t likely the filer’s fault

Roths Child Law

Many people think that bankruptcy is always the filer’s fault, but this isn’t the case. There are many reasons for bankruptcy that the person who’s filing couldn’t help. . Understanding some of the reasons why people need to turn to bankruptcy may help them to decide if they need to file. It could also help them to feel better about needing to file. .

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The Guide to Disney Vacation Club

Nerd Wallet

Frequent Walt Disney World visitors know it can be expensive at any of its parks — let alone paying for lodging in the area. When you have the whole family in tow, the cost can grow exponentially, even if there are opportunities to save cash. For dedicated Mickey Mouse fans who want to bet on. Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com.

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Second Circuit Affirms Dismissal of FDCPA and FCRA Claims Finding Collection Efforts Proper Despite Plaintiff’s Dismissal from Foreclosure Action; No Obligation to Report Frivolous Dispute

Burr Forman

In Macris v. Specialized Loan Servicing, LLC , 2022 WL 16727611 (2d Cir. Nov. 7, 2022), the Second Circuit upheld summary judgment for a mortgage servicer, holding that the plaintiff could not pursue claims under the Fair Credit Reporting Act (FCRA) or the Fair Debt Collection Practices Act (FDCPA) for the reporting and collection efforts of his mortgage note.

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U.S. consumer spending seeing a ‘mitigation’ in growth not a slowdown, says Bank of America CEO

Collection Industry News

U.S. consumer spending is experiencing a “mitigation of growth” but not a slowdown, Bank of America CEO Brian Moynihan said Friday. Interest rate hikes by the Federal Reserve are starting to be felt in the housing and auto markets, and renters will see their budgets squeezed as landlords pass on higher costs, he told CNBC’s “Squawk Box Europe.” But he stressed that consumer spending remains strong.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

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Fed Forced to Balance Hot Labor Market and Recession Risk

NACM

Interest rate hikes are expected to continue as both inflation and the labor market remain uncomfortably hot. According to the U.S. Bureau of Labor Statistics, there was an addition of 261,000 jobs in October.But with taming inflation and cooling the job market comes a serious risk of recession. "The Federal Reserve faces the difficult task of cool.

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