Thu.May 26, 2022

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Getting to Know Kyle Nelson of InterProse

Account Recovery

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Kyle Nelson of I

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7 Ways Your Small Business Can Spend Smarter

Nerd Wallet

When you’re running a small business with tight margins, every transaction counts. Inflation and labor shortages have made it an especially difficult year for businesses already struggling due to the aftermath of the pandemic. According to a 2022 Guidant Financial survey, 35% of small businesses reported not being profitable. Hindsight is 20/20, and small-business owners.

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CFPB Seeks Info on ‘Suppressed’ Credit Card Payment Information Furnished to CRAs

Account Recovery

The Consumer Financial Protection Bureau is asking each of the nation’s six largest credit card lenders why they are choosing to not include the amount that their customers pay each month when furnishing information to the credit reporting agencies, saying that the practice has the potential to suppress consumers’ credit scores and prevent them from … The post CFPB Seeks Info on ‘Suppressed’ Credit Card Payment Information Furnished to CRAs appeared first on Account

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How to Pay for Summer Fun: Financing Boats, RVs and More

Nerd Wallet

Summer is the season to hit the great outdoors, and having a new toy, like a boat or RV, is a dream for many people. But with interest rate hikes, spikes in the cost of oil and general economic uncertainty, you may be hesitant to make a big purchase right now. Financing options, such as. Jackie Veling writes for NerdWallet. Email: jveling@nerdwallet.com.

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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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No Surprises Act Having Big Impact on Number of Medical Bills: Report

Account Recovery

The No Surprises Act reportedly prevented more than 2 million medical bills during its first two months in effect and could ultimately keep individuals from receiving 12 million medical bills during its first year, according to a report that was issued this week by the Blue Cross Blue Shield Association and AHIP, a trade group … The post No Surprises Act Having Big Impact on Number of Medical Bills: Report appeared first on AccountsRecovery.net.

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Maryland Regulator Issues Guidance Regarding Convenience Fees

Account Recovery

The Maryland Commissioner of Financial Regulation has issued a notice to lenders and servicers, calling on them to review their practices with respect to charging fees when accepting payments and to check whether any improper fees have already been collected, in the wake of a ruling from the Court of Appeals for the Fourth Circuit. … The post Maryland Regulator Issues Guidance Regarding Convenience Fees appeared first on AccountsRecovery.net.

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How to Buy Cryptocurrency

Nerd Wallet

Investing in cryptocurrency might seem overwhelming if you’re not familiar with the process. Even if you’re a seasoned investor, entering the world of cryptocurrency involves familiarizing yourself with new technologies, unfamiliar terms and companies you may not have known before. A great first step is to educate yourself about cryptocurrency in general before making any.

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CFPB Wins A Round Against CashCall

Public Citizen

Earlier this week, the U.S. Court of Appeals for the Ninth Circuit gave the CFPB a major victory in its long-running fight against a payday lender that had sought to evade state usury limits and licensing laws by originating its loans through an entity owned by a member of a Native American tribe using agreements that it claimed were subject only to tribal law.

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Can Americans Travel to Canada? 

Nerd Wallet

Traveling in the COVID era comes with all sorts of questions, logistics and concerns that travelers didn’t think about before 2020. Traveling to Canada, despite its proximity to the U.S., is no different. In March 2020, the U.S. and Canada both closed their land borders to nonessential travel due to COVID-19. What started as a. Kevin Berry writes for NerdWallet.

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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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Council forced to sell buildings to pay debts

UK debt collections

A council is being forced to sell buildings to pay debts it has emerged. Slough Borough Council faces having to sell off most of its assets to pay off debts , government commissioners have warned. Following continual non payment, Slough Borough Council was forced to declare bankruptcy last year, having accrued £760m in unpaid debt. A report by the commissioners said it would have to sell most of its assets “without exception” Council leader James Swindlehurst said he was “dete

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Smart Money Podcast: Nerdy Travel Diaries: Use Points to Fly in Luxury

Nerd Wallet

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. In this episode, Liz talks with NerdWallet travel writer Elina Geller about how she books international travel on points alone. Check out this episode on any of these platforms: Apple Podcasts Spotify Our take Flying in business class using points is great, Elina Geller writes for NerdWallet.

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Can My Association Fundraise With a 50/50 Raffle?

Jimerson Firm

Is your association breaking the law? 50/50 raffles are fundraisers commonly hosted by community associations. These raffles are often very successful and generate significant engagement as half the proceeds go to the raffle winner. However, if your association is hosting a 50/50 raffle, the association is most likely breaking the law. This blog will provide an overview of the legal pitfalls of the 50/50 raffle and how your association may be able to host one while staying on the right side of t

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Hotel Guide: Conrad Maldives

Nerd Wallet

The Conrad Maldives Rangali Island is a Hilton resort that offers a luxurious and picture-perfect experience to guests who are lucky enough to visit. Although the Conrad Maldives price can be more than $1,600 per night for cash bookings, you can also use Hilton Honors points to cover the cost of your stay. If you’re. Josh Garber writes for 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 Current Landscape of Bank-Fintech Partnerships

Troutman Sanders

Please join Troutman Pepper Consumer Financial Services Partner Chris Willis and his guest and fellow Partner Jeremy Rosenblum as they discuss the current landscape of bank-fintech partnerships, including how bank-fintech partnerships work, the challenges these partnerships face, and new developments in the area. With more than three decades of experience representing the financial services industry, Jeremy focuses his practice on federal and state lending and consumer practices laws, with empha

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How to Make More Green at Your Next Yard Sale

Nerd Wallet

A successful yard sale involves hours of preparation and plenty of hard work. So does an unsuccessful sale. I’ve had both kinds and can confidently say the version that makes money is better. If you’re ready to take advantage of warmer weather and the opportunity to declutter, consider these tips culled from experts (and bitter. Liz Weston, CFP® writes for NerdWallet.

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CFPB Issues $4M in Penalties and Permanent Bans Against Predatory Collection Ring

True Accord

On May 23, 2022, the Consumer Financial Protection Bureau (CFPB), in partnership with the New York Attorney General, filed a proposed judgment against a debt collection enterprise with a history of deception and harassment to pay $4 million and be permanently banned from the debt collection industry. This follows the September 2020 Federal Trade Commission (FTC) initiative “ Operation Corrupt Collector ” to protect consumers.

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Is the Disney VIP Tour Worth It?

Nerd Wallet

At some point, in hour five of your day at a Disney park, you’re probably tired of standing in lines. The magic of Disney theme parks is undeniable, but when the sweat sets in and your feet begin to ache, you may be wondering if there’s another way. The Disney VIP tour allows you to. Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com.

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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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Litecoin vs. Ethereum: What’s the Difference?

Nerd Wallet

The main difference between Litecoin and Ethereum is that Litecoin was primarily developed for peer-to-peer payments. Ethereum, on the other hand, is set up to handle more elaborate transactions such as loans and can even support software applications. Litecoin and Ethereum are among the best-known names in the world of cryptocurrency. And though their uses.

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Cigna Medicare Part D 2022 Review

Nerd Wallet

Cigna is the fifth-largest company offering Medicare Part D plans. Nearly 3 million Medicare beneficiaries have Cigna Part D plans as of April 2022. If you’re looking for a high-coverage Medicare Part D plan, Cigna offers some of the lowest prices, on average. Overall star ratings from the Centers for Medicare & Medicaid Services for. Alex Rosenberg writes for NerdWallet.

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What Is a Business Loan Proposal?

Nerd Wallet

Some lenders may require a business loan proposal be included in your application for a business loan. A business loan proposal should not be confused with a business plan. While some similar information is included in both documents, a business loan proposal is more streamlined to focus attention on the loan amount you want and. Lisa Anthony writes for NerdWallet.

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Is Kayak Legit? Can it Get Me a Good Deal?

Nerd Wallet

When it comes to booking travel, it sometimes feels like there are an unlimited number of online travel agencies to choose from — and Kayak is one of them. But is Kayak legit? Can it actually help you get a good deal when booking travel? We did some digging to find out. How does Kayak. Alisha McDarris writes for NerdWallet. Email: travel@nerdwallet.com.

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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.

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Is the Hyatt Residence Club Worth It?

Nerd Wallet

World of Hyatt has a host of brands that cover every segment of the market from extended stay to all-inclusive hotels. Like Hilton and Marriott, it has a vacation club, too. Hyatt Residence Club gives members the opportunity to stay in numerous U.S. locations by accruing points and redeeming them for residential properties in resort. Ramsey Qubein writes for NerdWallet.

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