Thu.Mar 30, 2023

article thumbnail

Agency Discloses Data Breach, Information on 500k BofA Customers Compromised

Account Recovery

A Pennsylvania collection agency has filed a data breach notification with the Maine Attorney General, indicating that nearly 500,000 consumers were affected by the breach, which occurred last month. A copy of the sample letter that was sent to affected consumers by NCB Management Services can be accessed by clicking here. The breach occurred on … The post Agency Discloses Data Breach, Information on 500k BofA Customers Compromised first appeared on AccountsRecovery.net.

article thumbnail

5 things your business should never do when trying to collect a debt

American Profit Recovery

One of the more frustrating parts of running any type of business is when customers pay late or do not pay at all. We’re confident you would agree with that statement. As a debt collection agency that works with small business and large organizations, we hear the disappointments regularly from people just like you we are consulting with. When we conduct our free consultations for debt collections , it’s one of the first things we hear.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Getting to Know Peter Campisi of Sunrise Credit Services

Account Recovery

Building is in Peter Campisi’s blood. Whether helping his father who was a home improvement contractor or helping build Sunrise Credit Services during his 33 years at the company, Campisi likes to get his hands dirty and be involved. It also speaks to his mantra of building people and letting them build a business. Read … The post Getting to Know Peter Campisi of Sunrise Credit Services first appeared on AccountsRecovery.net.

130
130
article thumbnail

9 Best Investments to Increase Your Wealth in 2023

Credit Corp

Key takeaways: Investing is a way to increase your wealth based on your risk tolerance and time horizon The best investments for low-risk investors looking for moderate returns are index funds, government bonds, and high-yield savings accounts The best investments for high-risk investors that want high returns are individual stocks, real estate, and cryptocurrencies Investing is one of the best ways to grow your wealth and improve your financial future.

article thumbnail

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.

article thumbnail

Judge Denies Plaintiff’s MSJ in FDCPA Case Over Interest Statement in Letter

Account Recovery

A District Court judge in New Jersey has denied a plaintiff’s motion for summary judgment in a Fair Debt Collection Practices Act case, ruling that the plaintiff’s attempt to introduce a new theory at the summary judgment stage of the proceedings — after a Magistrate Court judge had already denied a motion to amend the … The post Judge Denies Plaintiff’s MSJ in FDCPA Case Over Interest Statement in Letter first appeared on AccountsRecovery.net.

More Trending

article thumbnail

CFPB Won’t Pursue Enforcement Action with Opportun Over Legal Collection Practices

Account Recovery

For the executives of Opportun Inc., it probably feels like Christmas in March. The company announced this week that it received a notification from the Consumer Financial Protection Bureau that it will not be pursuing an enforcement action against the company after opening an investigation into its legal collection practices. Opportun, an online lender that … The post CFPB Won’t Pursue Enforcement Action with Opportun Over Legal Collection Practices first appeared on AccountsRecovery.net.

article thumbnail

7 Ways to Use Your Tax Refund to Fight Inflation

Nerd Wallet

Kimberly Palmer writes for NerdWallet. Email: kpalmer@nerdwallet.com. Twitter: @kimberlypalmer. The article 7 Ways to Use Your Tax Refund to Fight Inflation originally appeared on NerdWallet.

83
article thumbnail

Daily Digest – March 30. Getting to Know Peter Campisi of Sunrise Credit Services; Data Breach at Agency Compromises Info on 500k Consumers

Account Recovery

GETTING TO KNOW PETER CAMPISI OF SUNRISE CREDIT SERVICES Building is in Peter Campisi’s blood. Whether helping his father who was a home improvement contractor or helping build Sunrise Credit Services during his 33 years at the company, Campisi likes to get his hands dirty and be involved. It also speaks to his mantra of … The post Daily Digest – March 30.

130
130
article thumbnail

I’m 18 & I Want a Credit Card. What Are My Options?

Credit Corp

Getting a credit card is like taking a step toward financial adulthood. It brings you into the world of building credit and paying bills, which almost everyone has to deal with at some point, so it can help to get started as soon as possible. But the “firsts” of adulthood aren’t always easy, and that includes getting your first credit card.

article thumbnail

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.

article thumbnail

Is Critical Illness Insurance Worth the Cost?

Nerd Wallet

Katia Iervasi writes for NerdWallet. Email: kiervasi@nerdwallet.com. The article Is Critical Illness Insurance Worth the Cost? originally appeared on NerdWallet.

73
article thumbnail

It’s Here: CFPB Issues Final Rule Under Section 1071

Troutman Sanders

As promised (and discussed here ), the Consumer Financial Protection Bureau (CFPB) issued its final rule under Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Final Rule). Section 1071 amended the Equal Credit Opportunity Act (ECOA) to impose significant data collection requirements on small business creditors. According to the press release announcing the Final Rule’s issuance, “[l]enders will collect and report information about the small business credit applicat

Lender 52
article thumbnail

SALT Deduction 2023: How to Write Off State and Local Tax

Nerd Wallet

Andy Rosen writes for NerdWallet. Email: arosen@nerdwallet.com. Twitter: @[link] The article SALT Deduction 2023: How to Write Off State and Local Tax originally appeared on NerdWallet.

67
article thumbnail

Federal District Court Dismisses Plaintiff’s FDCPA and FCCPA Action as Time-Barred — Holds Subsequent Filings Made in Foreclosure Action Did Not Toll the Statutes of Limitation

Troutman Sanders

A federal district court in the Middle District of Florida recently dismissed a pro se plaintiff’s Fair Debt Collection Practices Act (FDCPA) and Florida Consumer Collection Practices Act (FCCPA) action as time-barred because the defendants filed the foreclosure that was the basis for the plaintiff’s claims over four years prior. In DeBoskey v. Statebridge Company, LLC , the plaintiff brought a FDCPA and FCCPA action against a number of defendants who were involved in a state court mortgage fore

article thumbnail

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.

article thumbnail

The Guide to United Global Services

Nerd Wallet

Anya Kartashova writes for NerdWallet. Email: travel@nerdwallet.com. The article The Guide to United Global Services originally appeared on NerdWallet.

52
article thumbnail

New Trends in How the CFPB Gathers Information

Troutman Sanders

Please join Troutman Pepper Partner Chris Willis for a solo episode as he discusses new trends in CFPB information gathering, specifically Dodd-Frank Act Section 1022 found in the rulemaking and market monitoring section of the CFPB’s authority. Here, Chris examines how the CFPB can request and require certain information from market participants, noting the significant increase in recent CFPB Section 1022 requests, while also discussing industry implications of this emerging trend.

52
article thumbnail

How the Disney Disability Access Service (DAS) Works

Nerd Wallet

Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com. The article How the Disney Disability Access Service (DAS) Works originally appeared on NerdWallet.

52
article thumbnail

New York Federal Court Partially Denies MSJ in TCPA Case Finding Possession of Cell Number Does Not Prove Consent

Troutman Sanders

A federal district court in the Western District of New York recently denied in part a motion for summary judgment in a case alleging violations of the Telephone Consumer Protection Act (TCPA) based on collection calls and prerecorded voice messages. Specifically, the court found the defendant had not provided sufficient evidence that the plaintiff provided his phone number in connection with the debt as issue.

article thumbnail

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.

article thumbnail

Defending Your Fully Digital Wallet Against Fraud

Fico Collections

Home Blog FICO Defending Your Fully Digital Wallet Against Fraud Moving to a primarily digital wallet doesn’t mean sacrificing fraud protection – in fact, it means stepping up protection against scams FICO Admin Fri, 07/10/2020 - 18:12 by TJ Horan Vice President, Product Management expand_less Back To Top Thu, 03/30/2023 - 13:15 Ever since I cast off my physical wallet in favor of a digital one , I’m walking a little lighter.

Banks 52
article thumbnail

Minding Our Business: Investing in Women Entrepreneurs Gets Us Closer to Economic Justice

Prosperity Now

Today is the last day of Women's History Month.

40