Thu.Oct 20, 2022

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Daily Digest – October 20. Getting to Know Kristen Rowles of CBE Companies; Appeals Court Rules CFPB’s Funding Structure Unconstitutional

Account Recovery

GETTING TO KNOW KRISTEN ROWLES OF CBE COMPANIES It’s no wonder that Kristen Rowles, who thrives in chaos and never shies away from difficult conversations, grew to become a leader and someone who helps make everyone around her better. Perhaps even more importantly, she taught her father about the benefits of working in the ARM … The post Daily Digest – October 20.

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Tips for placing accounts in collections during the holidays

American Profit Recovery

As the end of the year approaches, a question that many creditors grapple with is, “ Should I assign slow-pay/delinquent customers to collections around the holidays ?” The answer to that question should be a resounding “ Yes.”. There are many reasons why it benefits a business, as well as its customers, to have past-due accounts placed in collections during the holiday season.

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Group Files Petition with Supreme Court to Block Student Loan Forgiveness Program from Going Into Effect

Account Recovery

A group fighting to block a plan to forgive student loan debt has submitted a petition to the Supreme Court seeking an emergency injunction after a website went live this week accepting applications for the program. The group joins seven different state Attorneys General who are also fighting to keep the program from going into … The post Group Files Petition with Supreme Court to Block Student Loan Forgiveness Program from Going Into Effect appeared first on AccountsRecovery.net.

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Using Regulation F to Maximize Recovery: Highlights from CBANC Webinar with Kelly Knepper-Stephens

True Accord

Just as technology has evolved leaps and bounds, so have consumer communication preferences with that technology, especially when it comes to debt collection. So in 2021, the Consumer Financial Protection Bureau (CFPB) rolled out Regulation F under the existing Fair Debt Collection Practices Act (FDCPA). Regulation F seeks to provide additional clarity around the key FDCPA prohibitions covering everything from harassment, such as the 7-in-7 call caps, to sample language for the initial communica

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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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Wakefield & Associates Acquires Choice Recovery to Expand its Geographic Footprint 

Account Recovery

Wakefield & Associates, an industry-leading collections and healthcare revenue cycle solutions company, today announces it has acquired the debt collection business of Choice Recovery, Inc., an Ohio-based nationally recognized collections provider. The acquisition of Choice Recovery will further grow Wakefield’s geographical presence in the Great Lakes region and enhance its ability to provide a full … The post Wakefield & Associates Acquires Choice Recovery to Expand its Geograph

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The Tea Leaves That Will Impact Consumers’ Ability to Repay Their Debts

Account Recovery

The post-pandemic party is over and consumers are already starting to feel the effects of a nasty financial hangover that could last well into 2023, according to a published report that analyzed a number of different economic reports. Consumers and the U.S. economy were buttressed during the pandemic with about $5 trillion, in the form … The post The Tea Leaves That Will Impact Consumers’ Ability to Repay Their Debts appeared first on AccountsRecovery.net.

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Don't Let Outdated Preapproval Add to Your Home Search Woes

Nerd Wallet

As mortgage rates continue their stomach-turning rise and serious shoppers compete for a limited supply of homes, would-be home buyers may be struggling to make a successful offer before their mortgage preapproval letter expires. According to Zillow, more than half of home buyers this year reported making two or more offers before closing on a. Taylor Getler writes for NerdWallet.

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Getting to Know Kristen Rowles of CBE Companies

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 Kristen Rowles o

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3 Inflation-Savvy Moves to Make Now

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. Inflation is proving to be a stubborn, unwanted houseguest. No one particularly likes paying more for food, fuel and.

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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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Appeals Court Rules CFPB’s Funding Structure is Unconstitutional

Account Recovery

The Court of Appeals for the Fifth Circuit yesterday took a leg out from under the Consumer Financial Protection Bureau yesterday, ruling that the manner in which the agency is funded is unconstitutional and invalidating a rule on payday lending that was issued back in 2017 and was subsequently amended in 2020. A copy of … The post Appeals Court Rules CFPB’s Funding Structure is Unconstitutional appeared first on AccountsRecovery.net.

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The Guide to Southwest Wi-Fi

Nerd Wallet

Twenty years ago did you think you’d be scrolling social media on your phone while 30,000 feet in the air? Probably not. But here we are and now more airlines than ever are installing Wi-Fi on their aircraft, and while the types of connections may vary, they all have one goal: Keeping you connected. Southwest. Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com.

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FICO® Resilience Index: Credit Lifecycle Strategies are a Requirement

Fico Collections

Home. Blog. FICO. FICO® Resilience Index: Resilient Credit Lifecycle Strategies Are a Requirement. FICO ® Resilience Index tools that measure consumer resiliency, benefit lenders in a recessionary environment. asokolowski@speednet.pl. Fri, 06/03/2022 - 12:24. by Moma Chakraborty. Director of Product Management, Scores. expand_less Back To Top. Thu, 10/20/2022 - 15:00.

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The Guide to Emergency Evacuation Insurance

Nerd Wallet

You’re hiking in a remote region of South America, 100 miles from the nearest hospital. You fall. You’re hurt. An emergency evacuation helicopter picks you up and delivers you to the help you need. Then comes the bill: It’s $100,000. The same scenario in parts of the Middle East could cost nearly a quarter of. June Casagrande writes for NerdWallet. Email: travel@nerdwallet.com.

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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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Purchasing or Importing Goods Made in China? Understanding Your Options in the Event of a Dispute

FFGN COLLECT NY

Is your company purchasing or importing goods made in China? If you are having a dispute with your exporter from China, you should be mindful of the rules that govern international transactions. The rules concerning the sale of goods are typically governed by Article 2 of the Uniform Commercial Code. However, when dealing with international transactions, the rules are governed by an international convention: The United Nations Convention on Contracts for the International Sale of Goods (CISG).

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FICO® Resilience Index: Resilient Credit Lifecycle Strategies Are a Requirement

Fico Collections

Home. Blog. FICO. FICO® Resilience Index: Resilient Credit Lifecycle Strategies Are a Requirement. FICO ® Resilience Index tools that measure consumer resiliency, benefit lenders in a recessionary environment. asokolowski@speednet.pl. Fri, 06/03/2022 - 12:24. by Moma Chakraborty. Director of Product Management, Scores. expand_less Back To Top. Thu, 10/20/2022 - 15:00.

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Wire Fraud Scams: What You Need to Know

Troutman Sanders

Please join Consumer Financial Services Partner Chris Willis and his colleagues and fellow Partners Mary Zinsner and Susan Flint as they discuss the current landscape of wire fraud scams in the financial services industry. Topics include: Wire fraud scams, such as Business Email Compromise (BEC) fraud, and the potential liability of banks; How banks should analyze wire fraud claims in the pre-litigation stage; How courts are ruling on the issues; Responsibilities of nonbank parties to the wire;

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A Fresh Perspective: Collections Strategies For The Digital Age

Taurus Collect

Debt collection agencies help alleviate the financial stress of businesses. However, over the last few years, customers’ needs and behaviour have undergone significant digital transformation and trends. As a result of these changes, in today’s era, digital debt collection practices aren’t just a necessity but a “must-have” operational model for businesses.

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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.