Account Recovery

FEBRUARY 6, 2023

Making sure to explain in specific detail why the plaintiff lacked standing to sue, a District Court judge in Illinois has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act by using a vendor to print and mail a collection letter and allegedly reporting information … The post Judge Grants MTD for Lack of Standing in FDCPA Case Over Letter Vendor, Dispute Status first appeared on AccountsRecovery.net.

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Fair Debt Collection Collections 130

Nerd Wallet

FEBRUARY 6, 2023

Barbara Marquand writes for NerdWallet. Email: bmarquand@nerdwallet.com. Twitter: @barbaramarquand. The article What Mortgage Company Changes Mean for Your Home Loan originally appeared on NerdWallet.

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Loans 107

Account Recovery

FEBRUARY 6, 2023

JUDGE GRANTS MTD FOR LACK OF STANDING IN FDCPA CASE OVER LETTER VENDOR, DISPUTE STATUS Making sure to explain in specific detail why the plaintiff lacked standing to sue, a District Court judge in Illinois has granted a defendant’s motion to dismiss after it was sued for allegedly violating the Fair Debt Collection Practices Act … The post Daily Digest – February 6.

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Fair Debt Collection Collections 130

Consumer Finance

FEBRUARY 6, 2023

Today, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion to protect Americans from double dealing on digital mortgage comparison-shopping platforms. Companies operating these digital platforms appear to shoppers as if they provide objective lender comparisons, but may illegally refer people to only those lenders paying referral fees.

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Lender 98

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.

Account Recovery

FEBRUARY 6, 2023

Following the lead set by TV stations, churches, and local governments, the governor of Connecticut has announced his intention to spend $20 million to purchase and then forgive $2 billion of unpaid medical debts for residents of The Nutmeg State. The announcement represents one of the largest plans to cancel medical debt, both for the … The post Connecticut Governor Announces Intention to Purchase, Forgive $2B of Unpaid Medical Debt first appeared on AccountsRecovery.net.

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Account Recovery

FEBRUARY 6, 2023

In her first collection-related enforcement action, Andrea Joy Campbell, the new Attorney General of Massachusetts, announced that Toyota Motor Credit Corp., the financing arm of Toyota, will pay $7.6 million in fines and relief after being accused of violating the state’s regulations on collection call frequency while also failing to provide enough information to consumers … The post New Mass.

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Collections 130

Nerd Wallet

FEBRUARY 6, 2023

Kate Ashford, CSA® writes for NerdWallet. Email: kashford@nerdwallet.com. Twitter: @kateashford. The article 6 Ways to Move Back Out of Your Parents’ House originally appeared on NerdWallet.

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Account Recovery

FEBRUARY 6, 2023

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H.

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Consumer Finance

FEBRUARY 6, 2023

CFPB Director Chopra’s statement on digital mortgage comparison-shopping platforms.

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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.

Nerd Wallet

FEBRUARY 6, 2023

Lee Huffman writes for NerdWallet. Email: travel@nerdwallet.com. The article What is a ‘Type P’ Passport? originally appeared on NerdWallet.

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Albuquerque Law

FEBRUARY 6, 2023

When a relationship becomes serious, the couple often starts to carefully consider their finances. After all, a long-term commitment like marriage usually means two people will combine their finances. As you consider both your assets and debts, you may wonder: will your partner’s financial situation affect yours if they filed bankruptcy in the past?

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Bankruptcy Student loans Student Loans Lender 75

Nerd Wallet

FEBRUARY 6, 2023

Connor Emmert writes for NerdWallet. Email: cemmert@nerdwallet.com. The article Community Property: What It Means for Your Assets, When It Applies originally appeared on NerdWallet.

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Consumer Finance

FEBRUARY 6, 2023

CFPB emite opinión legal para proteger de negociaciones escondidas por compañías que operan plataformas digitales de comparación de ofertas hipotecarias.

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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.

Nerd Wallet

FEBRUARY 6, 2023

Dalia Ramirez writes for NerdWallet. Email: dramirez@nerdwallet.com. The article How to Choose a Health Care Proxy originally appeared on NerdWallet.

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Troutman Sanders

FEBRUARY 6, 2023

In a recent decision, a Michigan district court found that because there was a genuine issue of fact as to whether the defendant debt collector notified the consumer reporting agency (CRA) to remove a disputed debt notification from the plaintiff’s tradeline, the case could proceed to trial. In Evans v. Merchants and Medical Credit Corp. , the plaintiff received a letter from the defendant attempting to collect on an unpaid debt.

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Nerd Wallet

FEBRUARY 6, 2023

Kate Ashford, CSA® writes for NerdWallet. Email: kashford@nerdwallet.com. Twitter: @kateashford. The article What’s New for Medicare in 2023? originally appeared on NerdWallet.

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Payment Savvy

FEBRUARY 6, 2023

An ISO can help companies elevate the customer experience they’re providing by offering stellar payment processing services. A good ISO offers extensive support to its clients, both in regard to technical solutions and day-to-day merchant services. Many businesses, ranging in size and industries they’re operating in, benefit significantly from ISOs partnerships.

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Banks Financial Institution Financial services 52

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.

Nerd Wallet

FEBRUARY 6, 2023

Jae Bratton writes for NerdWallet. Email: jbratton@nerdwallet.com. Liz Weston, CFP® writes for NerdWallet. Email: lweston@nerdwallet.com. Twitter: @lizweston. Sean Pyles writes for NerdWallet. Email: spyles@nerdwallet.com. Twitter: @SeanPyles. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com. Twitter: @sarakrathner. The article Smart Money: ChatGPT vs. the Nerds, and Rental Properties originally appeared on NerdWallet.

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Troutman Sanders

FEBRUARY 6, 2023

On February 3, an Illinois federal court dismissed a case brought by the Consumer Financial Protection Bureau (CFPB) against Townstone Financial, Inc., a Chicago mortgage lender, for alleged violations of the Equal Credit Opportunity Act (ECOA) for purportedly discouraging prospective African American applicants in the Chicago metropolitan area from applying for mortgages.

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Nerd Wallet

FEBRUARY 6, 2023

Kurt Woock writes for NerdWallet. Email: kwoock@nerdwallet.com. The article Level 2 EV Charger: What It Is and Where to Find One originally appeared on NerdWallet.

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Loans 69

Payment Savvy

FEBRUARY 6, 2023

Choosing the most suitable payment processor for your business is crucial. Since the majority of merchant accounts are being opened by ISOs or MSPs, you may already be familiar with these acronyms. Understanding the basis on which ISOs operate and how they can be beneficial for your business can help you in deciding which payment processing solutions make sense for you.

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Financial Institution Banks Financial services 52

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

Nerd Wallet

FEBRUARY 6, 2023

Over 900,000 people in Oregon are signed up for Medicare, placing it about in the middle of U.S. states for Medicare beneficiaries. Medicare is the government health care program for people ages 65 and older. Medicare Advantage is a bundled alternative to Medicare sold by private companies. It offers all the same benefits and usually. Alex Rosenberg writes for NerdWallet.

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Government 66

Payment Savvy

FEBRUARY 6, 2023

Card-on-file (CoF) payments are taking over the payment processing industry. This payment method is slowly becoming a standard among both retail and subscription-based businesses, offering a more seamless and convenient customer experience. Essentially, card-on-file transactions allow merchants to charge their customers’ cards without them having to perform any action.

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Nerd Wallet

FEBRUARY 6, 2023

JT Genter writes for NerdWallet. Email: travel@nerdwallet.com. The article Lufthansa vs. British Airways originally appeared on NerdWallet.

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Troutman Sanders

FEBRUARY 6, 2023

To help you keep abreast of relevant activities, below find a breakdown of some of the biggest events at the federal and state levels to impact the Consumer Finance Services industry this past week: Federal Activities State Activities Federal Activities: On February 3, while delivering remarks at the American Bar Association Business Law Section Derivatives and Futures Law Committee Winter Meeting , Commodities Futures and Trading Commission (CFTC) Chairman Rostin Benham noted that “there remain

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Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?