Account Recovery

AUGUST 16, 2022

In a case that was defended by the team at Malone Frost Martin, the Court of Appeals for the Fifth Circuit has overturned certification of a Fair Debt Collection Practices Act class action, ruling that the plaintiff lacked standing to file her lawsuit because she did not suffer a concrete injury after receiving a collection … The post Appeals Court Vacates Class Certification in FDCPA Case appeared first on AccountsRecovery.net.

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Fair Debt Collection Collections 246

UK debt collections

AUGUST 16, 2022

The number of businesses in critical distress has increased by 37% in the past year. This is according to financial data from insolvency specialists Begbies Traynor. The latest Begbies Traynor Red Flag Alert report has revealed the financial strain continuing to be faced by thousands of British businesses. The research found that the number of companies rated as being in “critical financial distress” continued to rise, jumping by more than a third in Q2 2022 compared with the same period last ye

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Manufacturing Retail Government Construction 96

Account Recovery

AUGUST 16, 2022

By the end of this decade, the number of members of Generation Z (born between 1997 and 2012) who enter the workforce is going to more than triple in size, and will account for 30% of total employment. The behaviors and expectations of those individuals is a lot different than the generations that came before … The post How to Make Your Company Attractive to Generation Z appeared first on AccountsRecovery.net.

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Prosperity Now

AUGUST 16, 2022

Over the past couple of years, especially during the COVID-19 pandemic, the connections between health and wealth have become more

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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.

Account Recovery

AUGUST 16, 2022

EDITOR’S NOTE: This article is part of a series that is sponsored by WebRecon. WebRecon identifies serial plaintiffs lurking in your database BEFORE you contact them and expose yourself to a likely lawsuit. Protect your company from as many as one in three new consumer lawsuits by scrubbing your consumers through WebRecon first. Want to learn more? Call … The post Complaint Accuses Agency of Attempting to Collect Settled Debt appeared first on AccountsRecovery.net.

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Collections 246

Account Recovery

AUGUST 16, 2022

APPEALS COURT VACATES CLASS CERTIFICATION IN FDCPA CASE In a case that was defended by the team at Malone Frost Martin, the Court of Appeals for the Fifth Circuit has overturned certification of a Fair Debt Collection Practices Act class action, ruling that the plaintiff lacked standing to file her lawsuit because she did not … The post Daily Digest – August 16.

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Fair Debt Collection Collections 245

Nerd Wallet

AUGUST 16, 2022

The requirements for refinancing a car are similar to requirements for getting a car loan in the first place. Refinancing your car is really just replacing your current car loan with a new one, with a goal of lowering your interest rate, reducing your monthly payment or possibly paying off your loan sooner. Refinance lenders. Shannon Bradley writes for NerdWallet.

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Loans Lender 82

Account Recovery

AUGUST 16, 2022

Verizon has announced further enhancements to its Call Filter product that will now categorize calls when the caller is not saved in the recipient’s contact list, seeking to provide an extra layer of protection and information to its customers when they receive calls from unknown sources. Calls will be labeled with categories such as healthcare … The post Verizon Upgrades Call Filter to Start Labeling Calls from Unsaved Numbers appeared first on AccountsRecovery.net.

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Healthcare 243

Nerd Wallet

AUGUST 16, 2022

If you’re trying to decide whether to stay in a hotel or rent an Airbnb on your next vacation, you may be wondering, “Is Airbnb safe?” “Is it protecting my information?” “Can I trust the host?” Especially in regards to COVID-19, is a hotel a better option? Here’s a breakdown of whether or not staying. Alisha McDarris writes for NerdWallet. Email: travel@nerdwallet.com.

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Collections

PBWT

AUGUST 16, 2022

The owners of an ambitious Hawaiian golf project in the Makaha Valley of Oahu said Aloha (hello) to new owners, and Aloha (goodbye) to old debt obligations. In an adversary proceeding, the collective owners of the Makaha Valley Country Club , golf courses, surrounding undeveloped land, and other related assets (the “Owners”) avoided obligations undertaken in connection with a loan extension provided by Tianjin Dinghui Hongjun Equity Investment Partnership (the “Lenders”).

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Debtor Construction Collateral Lender 65

Nerd Wallet

AUGUST 16, 2022

Marriott Bonvoy and its elite status program have a legion of followers, and for good reason: There are a plethora of benefits to enjoy. The biggest and best perks go to those with Marriott’s higher-status tiers like Platinum and Titanium Elite. But is it worth it to strive for Titanium if you’ve already earned Platinum. Ramsey Qubein writes for NerdWallet.

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Fico Collections

AUGUST 16, 2022

Home. Blog. FICO. US Bankcard Industry Benchmarking Trends: 2022 Q2 Update. Bankcard delinquencies continue to rise as growth in the economy slows. Saxon Shirley. Wed, 05/25/2022 - 03:43. by Leanne Marshall. expand_less Back To Top. Tue, 08/16/2022 - 15:30. FICO Community releases quarterly US Bankcard Industry Benchmarking trends. To catch up on the last quarter click here.

Credit Card Debt 52

Credit Card Debt Retail Financial services Government 52

Nerd Wallet

AUGUST 16, 2022

TSA PreCheck helps to expedite your journey through airport security. With lines often snaking around the airport, having it can make a big difference. Membership in the program is valid for five years, and renewing it online is recommended about six months before expiration. There is no penalty to starting early since the new membership. Ramsey Qubein writes for NerdWallet.

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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?

Banks

Fico Collections

AUGUST 16, 2022

Home. Blog. FICO. Canada Bankcard Industry Benchmarking Trends: Q2 2022 Update. Bank of Canada makes major rate hike and consumer inflation increases; low unemployment rate continues. Saxon Shirley. Thu, 05/12/2022 - 07:46. by Amir Sikander. expand_less Back To Top. Tue, 08/16/2022 - 15:30. The FICO Blog releases quarterly Canadian Bankcard Industry Benchmarking trends.

Banks 52

Banks Financial services Financial Institution Collections 52

True Accord

AUGUST 16, 2022

The Consumer Financial Protection Bureau (CFPB) quietly published on its website additional frequently asked questions (FAQs) on the Debt Collection Rule (i.e. Regulation F) relating to electronic communications and communicating during unusual or inconvenient times or places. The FAQ answers multiple questions, ranging from “is a debt collector required to honor a consumer’s request to opt out of electronic communications if the request does not conform to the debt collector’s opt-out instructi

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Debt collector Collections Collection Agencies Collections Agency 53

Fico Collections

AUGUST 16, 2022

Home. Blog. FICO. U.S. Card Skimming Fraud Grows 700+% in First Half of 2022. Credit card and debit card skimming fraud is back with a vengeance in the US, while other fraud types are seeing global growth. Darcy Sullivan. Tue, 11/10/2020 - 12:17. by Debbie Cobb. Senior Director, Product Management. expand_less Back To Top. Tue, 08/16/2022 - 11:10. At FICO World 2022, I hosted a session where we talked about global fraud trends like authorized push payment scams and romance scams.

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Financial Institution Banks Financial services 52

Troutman Sanders

AUGUST 16, 2022

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 August 12, VantageScore announced that it completed an extensive analysis on how recent changes have impacted consumer credit score models to how medical collection accounts are reported, including changes brought by the COVID-19 pandemic.

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Financial services Loans Student loans Student Loans 52

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