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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Small-Business Funding: Where to Get Capital for Your Business

Nerd Wallet

Many entrepreneurs use several methods to fund their small businesses, including debt, equity and free funding, such as small-business grants. The right option for you depends on how established your business is, as well as other factors, such as why you need capital and how fast you need it. We’ll review the ways you can. Randa Kriss writes for 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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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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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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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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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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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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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.