Wed.Dec 13, 2023

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New AI Tool Clones Voices and Can Create Other Sounds, Too

Account Recovery

The parent company of Facebook has launched a new voice and sound cloning tool that will not only create a cloned sounds or words, but will also record your voice and have it cloned, too. Called Audiobox, the platform was released by Meta and built by researchers at the Facebook AI Research (FAIR) lab.

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2023 Review: Capital One VentureOne Rewards Card

Credit Corp

Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Snapshot: The Capital One VentureOne Rewards credit card is a good fit for the occasional traveler who wants to earn travel rewards on everyday purchas

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Daily Digest – December 13. Appeals Court Affirms Ruling for Defendants in FDCPA Case; New AI Tool Clones Voices and Can Create Other Sounds, Too

Account Recovery

Appeals Court Affirms Ruling for Defendants in FDCPA Case New AI Tool Clones Voices and Can Create Other Sounds, Too State Court Judge Dismisses Undated MVN Suit 20 Companies Seeking Collection Talent Frost Echols Hires Jesse ‘Jay’ Tillman III WORTH NOTING: The best video games of 2023 … A professional organizer shares a philosophy to […]

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How Do Secured Cards Help You Improve Your Credit Score?

Credit Corp

Secured credit cards are designed to help individuals improve their credit history and score. However, these cards differ from traditional unsecured cards in a few ways, and it’s important to understand all the details before you apply for a secured card. What Is a Secured Credit Card? A secured card is one with a credit limit that’s secured by collateral you put up.

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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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20 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.

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State Court Judge Dismisses Undated MVN Suit

Account Recovery

In a case that was defended by Patrick Newman and the team at Bassford Remele, a state court judge in Wisconsin has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act lawsuit on the grounds the plaintiff lacked standing to sue because he did not suffer a concrete injury after receiving an […]

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Data Breach Class Action Defense – Looking Beyond HIPAA

Jimerson Firm

by Zachary A. Pestcoe, Esq. & Brandon C. Meadows, Esq. In the modern, digitized world, data breaches are increasingly common. Motivated and sophisticated hacker collectives target everything from financial service providers to healthcare providers trying to find accessible, sensitive information. As cybersecurity advancements race to keep pace with evolving malware and hacking tools, sometimes hackers obtain a competitive edge, and sensitive data is compromised.

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Appeals Court Affirms Ruling for Defendants in FDCPA Case

Account Recovery

Emerging victorious from a collection lawsuit is not enough for a plaintiff to also win a Fair Debt Collection Practices Act case, the Court of Appeals for the Third Circuit has ruled, affirming a lower court’s decision to deny a motion for reconsideration.

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Step Up Savannah Creates On-ramps for Low-wealth Communities

Prosperity Now

Step Up Savannah is a nonprofit organization founded in response to stagnantly high multi-generational poverty in Georgia and the surrounding region. Central to the agency’s work and outreach to the low-wealth community is its economic inclusion programming which includes workforce development, entrepreneurship incubation, public benefits cliff programming, financial literacy, and more.

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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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2023 Review: Capital One SavorOne Student Cash Rewards Card

Credit Corp

Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Snapshot: Provided that you’re a student, you can gain access to fantastic cash back rates (anywhere from 1% – 10%, depending on the category), e

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Tips for rebuilding your credit score

Roths Child Law

Your credit score is the number that financial institutions will use to determine how trustworthy you are as a borrower. Someone with a high credit rating may receive lower interest rates or larger lines of credit. Someone with a low credit rating may be denied for the same lines of credit, mortgage loans, car loans and things of this nature. That’s why people are sometimes concerned about filing for bankruptcy, as it will reduce their credit score.

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FTC Publishes CARS Rule Regulating Motor Vehicle Dealer Sales Practices

Troutman Sanders

On December 12, the Federal Trade Commission (FTC) published the long-awaited regulation specific to motor vehicle dealers to address concerns of consumer deception in the sales process (Final Rule). We covered the proposed rule, introduced in June 2022, in a blog post here and podcast here. In a 3-0 vote, the FTC approved the issuance of the Final Rule, which will be published in the Federal Register in the coming weeks.

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US ‘buy now, pay later’ splurges raise holiday debt hangover risk

Collection Industry News

LOS ANGELES/NEW YORK, Dec 20 (Reuters) – Roxanne Ross of Florida is one of a growing number of Americans dodging higher interest rates on credit cards by instead turning to “buy now, pay later” services as they shop for holiday merchandise. Ross has her eyes on the latest Apple (AAPL.O) AirPods for $249. As of Monday, she was considering using Klarna, a buy now, pay later service, to spread the cost across four installments that stretch into next year.

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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 Future of Digital Consumer Payment Applications: CFPB’s Proposed Larger Participant Rule – Crossover Episode with Payments Pros Podcast

Troutman Sanders

In this special joint episode of Payments Pros and The Consumer Finance Podcast , Carlin McCrory, Keith Barnett, James Kim, and Chris Willis discuss the Consumer Financial Protection Bureau’s (CFPB) proposed larger participant rule for consumer payments providers. The rule is designed to supervise general use digital consumer payment applications, defining a market for these applications and subjecting participants to CFPB supervision and examination under the Consumer Financial Protection Act.

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Co-op Proprietary Leases – A Guide to Selling

Price Meese

CO-OP PROPRIETARY LEASES – A GUIDE TO SELLING Cancelling a proprietary lease and stock certificate in a cooperative association in New Jersey typically involves a series of legal and administrative steps. Keep in mind that this process can be complex, and it is advisable to consult with an attorney who specializes in real estate or co-op law in New Jersey to ensure you follow all the necessary procedures correctly.

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Member Spotlight: Fuel Your Passion for Learning

NACM

It's no exaggeration to say that credit managers are financial "busy bees," always jumping from task to task—whether reviewing credit applications, collaborating with sales to extend credit or making routine customer visits. And the responsibilities continue to grow as advancements in technology and artificial intelligence (AI) increase. To remain.