Thu.Mar 18, 2021

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Getting to Know Casey Simmons of Clontz & Clontz

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 Casey Simmons of

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Start Early to Get Your House Retirement-Ready

Nerd Wallet

Many people want to remain in their homes after they retire rather than move to a senior living facility or community. Unfortunately, most homes aren’t set up to help us age safely and affordably. If your goal is to “age in place,” some early preparation could help make that possible — or point to better. Liz Weston writes for NerdWallet. Email: lweston@nerdwallet.com.

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Bill Introduced in Nevada to Restrict Collection of Medical Debts

Account Recovery

A bill has been introduced in the Nevada Senate that would require collection agencies to notify consumers at least two months before attempting to collect on a debt, while also prohibiting filing a collection lawsuit to recover unpaid medical debts if the balance is less than $10,000. The bill, SB248, was introduced this week by … The post Bill Introduced in Nevada to Restrict Collection of Medical Debts appeared first on AccountsRecovery.net.

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Real Estate Stocks: What They Are and How To Invest In Them

Credit Corp

This post originally appeared on Your Money Geek. It’s funny how sometimes life can give small clues as to how you should be handling your finances. For example, a few years ago, a minor snow skiing accident revealed my lack of diversity regarding investing. You’re probably scratching your head, wondering what I’m talking about. Let me set the scene for you.

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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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Keynote Address at RMAI 2021 Annual Conference Looks Ahead

Account Recovery

EDITOR’S NOTE: The following article was authored by RMA International and is re-published here with its permission. RMAI brings the next best thing to a crystal ball to its 2021 Annual Conference. The keynote address, “Looking Ahead – The Future of the Collection Industry,” features former Deputy Director of the Consumer Financial Protections Bureau (CFPB), … The post Keynote Address at RMAI 2021 Annual Conference Looks Ahead appeared first on AccountsRecovery.net.

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Collector Reaches $1.5M Settlement in Employee Overtime Suit

Account Recovery

A motion has been filed in Virginia federal court to approve a settlement between a group of employees and the debt collector they work for that will see the collector pay $1.5 million after it was accused of not paying the employees for overtime that was worked. A copy of the motion to approve the … The post Collector Reaches $1.5M Settlement in Employee Overtime Suit appeared first on AccountsRecovery.net.

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It’s Not Too Late to Reclaim Money ‘Lost’ to COVID Disruptions

Nerd Wallet

When Dawne Novinger’s go-to gym in Portland, Oregon, was ordered to close amid COVID-19 shutdowns in spring 2020, she assumed she wouldn’t be charged the regular monthly fee. Surprised to see the full $159 monthly membership charge on her credit card statement, she called the gym to request a refund. Unsurprisingly under the circumstances, no one. Erin Hurd writes for NerdWallet.

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Garnish-mentions

Account Recovery

As we turn our attention to another episode of “All My Garnishments” there have been a number of developments aimed at keeping debt collectors from garnishing the economic stimulus funds that are now being deposited into the bank accounts of consumers nationwide. On the Congressional level, a bill was introduced yesterday by Sen. Sherrod Brown … The post Garnish-mentions appeared first on AccountsRecovery.net.

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Small Businesses in ‘distress’ number triples

UK debt collections

New data released by Accountancy firm Mazars has shown a worrying rise in the amount of UK Small Businesses in financial distress. Over 135,000 Companies were shown to be suffering from financial strain this month, treble the pre pandemic average. Retail and service Businesses are the hardest hit. Almost 60% of Businesses in these sectors are the hardest hit.

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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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Daily Digest – March 18. Getting to Know Casey Simmons of Clontz & Clontz; Collector Reaches Settlement in OT Suit

Account Recovery

GETTING TO KNOW CASEY SIMMONS OF CLONTZ & CLONTZ Casey Simmons is one of those people that you look at and wonder, “Why can’t I be as organized as her?” Between tracking the number of books she reads every year and knowing exactly how many other women share the same personality traits that she does, … The post Daily Digest – March 18.

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QuickBooks Financial Statements: A Complete Guide

Nerd Wallet

With accounting software like QuickBooks, detailed financial information about your business is always at your fingertips. Financial statements — such as a profit and loss statement, balance sheet or statement of cash flows — are a window into the health of your business and help you spot problems and opportunities. QuickBooks Online The industry standard.

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PDCflow Announces ACH Verify for Enhanced Payment Security

PDC Flow

Ogden, UT - In accordance with the newly enacted Nacha WEB Debit Account Validation rule, PDCflow is announcing ACH Verify, a real-time account validation process to help companies comply. The guidance, which takes effect March 19, 2021, requires account validation the first time a consumer’s account number is used for payment or when the account number is changed.

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NerdWallet’s Best Accounting Software for Consultants

Nerd Wallet

One of the top areas of your consulting business that you need to manage is your accounting — and finding accounting software that fits with your business needs can help Here are our top picks based on ease of use, affordability and functionality. What consultants need in an accounting solution Consultants have specific needs when. Billie Anne Grigg 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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Ways How to Send Money Online To Italy

TAMSEY

These days with time, online money transfer has become much easier and safer. With just a few clicks, you can transfer money to other people. Because of its increasing popularity, it is becoming more common in use. Now, if your near & dear one lives in Italy, you must be thinking about how to send money online to Italy? In this guide, you will learn in detail how can you transfer money online to Italy easily.

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These Federal Student Loan Borrowers Aren’t Getting Relief

Nerd Wallet

Six million federal student loan borrowers can’t benefit from the current payment pause — one that could give most people with debt 19 months of relief if it isn’t extended past Oct. 1. These unlucky borrowers have commercially held Federal Family Education Loan Program debt or Perkins loans held by their schools. FFEL is a. Anna Helhoski writes for NerdWallet.

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How To Make Transfer Money To International Bank Step-By-Step

TAMSEY

Making an international bank transfer is although simple and can be done within so little time. With the help of a reliable bank or money transfer company, you can easily transfer money to an international bank. You need to know the steps that you have to follow to make an international transfer. For your further convenience, this article has been elaborated in detailed information on how you can carry an overseas transaction.

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Travelers Homeowners Insurance Review 2021

Nerd Wallet

If you’re looking for a customizable homeowners policy from a reputable, well-established company, Travelers home insurance may be a good bet. Founded in 1864, Travelers sells homeowners policies in most U.S. states. You can manage your Travelers policy online or work with an independent agent to talk through the coverage you need. Travelers home insurance.

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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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Restaurants and Bars: File your PPP application before the March 31, 2021 deadline!

Price Meese

The Paycheck Protection Program (“PPP”) has begun accepting loan applications again since the policy lapsed in August. Congress has allocated $284 billion through the revamped PPP, specifically targeting the hospitality, restaurant, and hotel industry. The revised program, which was put into effect in January, also sets aside aid for low-income communities and first-time borrowers who were shut out from funding last year.

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What Are Accounting Adjustments?

Nerd Wallet

Adjusting entries are made at the end of the accounting period to make your financial statements more accurately reflect your income and expenses, usually — but not always — on an accrual basis. This can be at the end of the month or the end of the year. If you have adjusting entries that need. Billie Anne Grigg writes for NerdWallet. Email: bagrigg+wpguestuser@nerdwallet.com.

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Risk Model Management: 8 Factors for Reassessing ECL

Fico Collections

The ongoing impact of the pandemic and relentless economic turmoil of the past year continue to challenge expected credit loss models (ECLs). All businesses are obliged to re-evaluate key assumptions underpinning their existing impairment analysis and ensure they continue to incorporate data into IFRS 9 models in a rational, reliable, reasonable manner that meets the expectations of ever-vigilant regulators.

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The Best Homeowners Insurance in Florida

Nerd Wallet

With an average temperature hovering between 65 and 77 degrees and a reputation for clear skies, Florida is an ideal place to live for those looking to avoid classic winter weather. The Sunshine State also boasts plenty of big cities, beaches and theme parks that help make it the third-largest U.S. state by population. But. Doug Sibor writes for NerdWallet.

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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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Can I transfer money

TAMSEY

If you wish to make transfers on behalf of a company, you will need to set up a business profile with us. To do this, you will first need to have a personal profile with us. If you do not have a personal profile yet, you can read more about this here. Once your personal profile is set up, we will then ask you to set up a business profile. You will need to enter the details of your company on the settings page.

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How to Write Off an Invoice in QuickBooks

Nerd Wallet

Uncollectible invoices are an unfortunate reality for many businesses. Although most customers enter into a business relationship intending to pay in full and on time, sometimes they are unable to make their payments as promised. And sometimes they cannot make a payment at all. QuickBooks Online The industry standard for bookkeeping and other services.

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What happens to my old marijuana arrest? What the new marijuana law in New Jersey means.

Price Meese

This February governor Murphy signed A1897 , which removes all criminal and civil penalties for the private possession of up to six ounces of marijuana by adults, as well as the personal possession of up to 170 grams of hashish. It also decriminalizes all transactions involving the transfer of up to one ounce of cannabis, and also reduces the criminal penalties for transactions involving larger quantities (distribution of more than one ounce, but less than five pounds) of the substance.

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Regions Bank Business Checking: 2021 Review

Nerd Wallet

Regions Bank is headquartered in Birmingham, Alabama, with approximately 1,500 offices and 2,000 ATMs throughout the South, the Midwest and Texas. If you live in those areas, a Regions Bank business checking account could be a good fit. The bank offers multiple accounts under its LifeGreen business checking branding, including one that bears interest and.

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How to Attract Multiple Generations to Open New Accounts and Apply for Loans

The experiences of every generation are characterized by their behaviors involving finances. Understanding these attitudes and using them to inform marketing messages enables community banks, regional banks and credit unions to better serve their customers. This entertaining and informative eBook will help your financial institution uncover the best practices when it comes to appealing to mass audiences.