Mon.Nov 22, 2021

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Judge Partially Grants MSJ for Defendant in Itemized Debt Case

Account Recovery

A District Court judge in Pennsylvania has partially granted and partially denied a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act and Telephone Consumer Protection Act case that may offer a glimpse into how judges are going to address itemized debts once Regulation F goes into effect next week. A copy … The post Judge Partially Grants MSJ for Defendant in Itemized Debt Case appeared first on AccountsRecovery.net.

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4 Common Winter Home Insurance Claims and How to Prevent Them

Nerd Wallet

Whether it’s tumbling temperatures or a blackout blizzard, winter weather can wreak havoc on a home. But you can avoid a disaster with some preventive action. Here are four common types of winter-related home damage and how you can prevent them, plus how home insurance works if you can’t. 1. Burst water pipes If your. Ben Moore writes for NerdWallet.

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DFPI Issues Draft Rules to License Four New Types of Industries, Including Debt Settlement Providers

Account Recovery

The California Department of Financial Protection & Innovation is seeking comments on a proposed rulemaking that would require four different industries to be registered with the state in order to operate — debt settlement services, student debt relief services, education financing, and wage-based advances. Comments on the proposed rulemaking are due by December 20 and … The post DFPI Issues Draft Rules to License Four New Types of Industries, Including Debt Settlement Providers

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Cash Advance Apps Can Hurt More Than Help at the Holidays

Nerd Wallet

Cash flow can get tight around the holidays when bills must compete with things like gifts and travel for space in your budget. Paycheck advance apps offer a cash boost. They let you borrow money from your expected earnings for low or no fees, and take repayment from your next paycheck. Though that offer may. Annie Millerbernd 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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Daily Digest – November 22. Judge Partially Grants MSJ for Defendant in Itemized Debt Case; CFPB Releases Ethics Guidance

Account Recovery

JUDGE PARTIALLY GRANTS MSJ FOR DEFENDANT IN ITEMIZED DEBT CASE A District Court judge in Pennsylvania has partially granted and partially denied a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act and Telephone Consumer Protection Act case that may offer a glimpse into how judges are going to address itemized debts … The post Daily Digest – November 22.

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Compliance Digest – November 22

Account Recovery

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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Huge Disney Park Changes for 2022, and How to Fund Your Trip

Nerd Wallet

The holidays have come early for Disney nerds. The company unveiled new shows, attractions, hotels and restaurants coming to its theme parks worldwide during its Destination D23 event held in Florida this weekend. While not a comprehensive list of all of the news Disney dropped, here are among the most exciting changes, broken down by. Sally French writes for NerdWallet.

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Judge Grants $71k in Legal Fees in FDCPA Case

Account Recovery

A District Court judge in New Jersey has granted a plaintiff’s motion for more than $71,000 in attorney’s fees — exactly what the plaintiff was asking for — after the plaintiff agreed to an offer of judgment in a Fair Debt Collection Practices Act case. A copy of the ruling in the case of Rhee … The post Judge Grants $71k in Legal Fees in FDCPA Case appeared first on AccountsRecovery.net.

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Marriott to Be Upfront About Resort Fees After Lawsuit

Nerd Wallet

While Marriott’s resort fees aren’t going away at this time, the largely loathed, additional — and sometimes hard to spot — fees are set to be less hidden soon. Marriott International this month committed to implementing a policy that would be upfront and transparent in the disclosure of mandatory fees, including resort fees, as part. Sally French writes for NerdWallet.

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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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CFPB Releases Guidance For Dealing with Former Employees

Account Recovery

One of the new shows I have watched and enjoyed recently is “Dopesick,” a limited series about the opioid crisis and how the drug was sold by its manufacturer. The series details a number of situations where individuals working for branches of the federal government end up working for the manufacturer, often at jobs that … The post CFPB Releases Guidance For Dealing with Former Employees appeared first on AccountsRecovery.net.

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How to Get TSA PreCheck

Nerd Wallet

As travel ramps up again, security lines at airports seem longer than ever — but not for everyone. For example, in October 2021, 95% of the Transportation Security Administration PreCheck program members waited less than five minutes to pass through airport security. Such speediness is due to dedicated TSA PreCheck lanes at over 200 U.S. Paul Rubio writes for NerdWallet.

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5 Simple Cuts to Curb Your Spending

Debt Guru

Living paycheck-to-paycheck is all too common. In fact, recent data indicate that three-fourths of American workers with salaries of $50,000 or less rely on each paycheck to make ends meet. If you’re part of this (very large) group, chances are good that you’re also struggling with debt. To make a dent in your debt balance – or even pay it off for good – your best bet is to reduce your spending.

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U.S. Bank Cash+ Card Now Available Only via U.S. Bank, NerdWallet

Nerd Wallet

Among 5%-bonus-category credit cards, the $0-annual-fee U.S. Bank Cash+™ Visa Signature® Card – NerdWallet Exclusive Offer has long been a standout option for its flexibility and customization options. And as of Nov. 22, 2021, the only places that the card will be available online are through U.S. Bank’s website and NerdWallet. The ability to choose your.

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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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District Courts Find ATDS Allegations Implausible Following Facebook

TCPA

Courts in the Southern District of California and District of Arizona recently added to the line of decisions addressing ATDS pleading requirements in the wake of the Supreme Court’s landmark ruling in Facebook v. Duguid.

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What to Do When Inflation Cuts Into Your Black Friday Deals

Nerd Wallet

If you’ve noticed price hikes at the gas pump, grocery store or clothing retailer lately, you’re not dreaming. Rising prices may complicate your holiday gift-buying, meal-planning and travel. What you’re experiencing is inflation, which simply means that the prices of goods and services are increasing. When prices rise faster than people’s wages, inflation becomes “a.

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FinCEN Deputizes Financial Institutions in Hunt for Environmental Crimes

Burr Forman

The Financial Crimes Enforcement Network (“FinCEN”) unit of the U.S. Department of the Treasury called this week for the nation’s financial institutions to be on the lookout for money flows indicative of environmental crimes. The Notice links environmental crimes to FinCEN’s traditional missions of combatting corruption and international terrorism and money-laundering, but also expressly recites a new ESG mission due to “environmental crimes’ contribution to the climate crisis, including threate

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Black Friday 2021 Store Hours and Online Hacks

Nerd Wallet

NerdWallet is here to help you win Black Friday, while leaving your budget intact. We spend the time, you save the money. Visit regularly for holiday shopping tips and announcements about your favorite retailers. Black Friday is Nov. 26. Remember camping overnight in lawn chairs waiting for a retailer’s “doorbusters” sale to begin pre-dawn on. NerdWallet writes for NerdWallet.

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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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Meeting Future Leaders in AI and Machine Learning

Fico Collections

On Wednesday 4th November I had the pleasure of presenting and talking to over a hundred Mathematics, Computing, Physics and Economics A-Level students at Winstanley College in Orrell, Wigan, about AI and machine learning , as a part of the Pathways to Profession programme. Every year Winstanley College students pursue careers in the tech field, thanks to the college's longstanding dedication to the disciplines of science, technology, engineering, and mathematics - so-called STEM subjects.

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The Catch With Buy Now, Pay Later Could Be Your Credit

Nerd Wallet

Buy now, pay later, or BNPL, is a payment plan that lets you break up your total purchase at checkout into a series of smaller installments. Though these plans aren’t new, they’ve recently catapulted into the mainstream, with major U.S. retailers like Amazon, Walmart and Target now offering them. But with promises of convenience, zero. Jackie Veling writes for NerdWallet.

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MRA Orders Largest Marijuana Product Recall in Michigan History

Fraser

Michigan’s Marijuana Regulatory Agency (MRA) issued its largest marijuana recall ever on November 17 because of concerns over safety tests conducted by two companies. Most products containing marijuana flower that had passed safety testing at Viridis Laboratories, LLC and Viridis North, LLC between August 10 and November 16 were recalled in a move that reportedly affected products sold at over 400 retail locations.

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What Is Shopify and How Does It Work?

Nerd Wallet

What is Shopify? Shopify is a popular online e-commerce platform that small businesses can use to build online stores to sell products on websites or via social media. The company also sells point-of-sale, or POS, software that small businesses can use in their brick-and-mortar stores. Shopify has several add-ons that can help you do more. Tina Orem 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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Survey Finds Suppliers May See a Rise in Pricing While Manufacturers Expect a Rise in Sales

NACM

Material suppliers are expecting costs to rise over the next year, according to Construction Products Association (CPA) recent State of Trade survey for Q3. Data shows that cost pressures are expanding from raw materials to fuel, energy, wages and salaries.This expansion is likely due to the rise in global gas, electricity and crude oil prices—alon.

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5 Things to Know About the Paceline Credit Card

Nerd Wallet

The Paceline Credit Card is designed to encourage cardholders to lace up their sneakers and get moving. It earns an elevated cash-back rewards rate for health and wellness purchases, plus a points boost every week you achieve 150 minutes of elevated heart-rate activity per week. The card, which is issued by Evolve Bank & Trust, Sara Rathner writes for NerdWallet.

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5 Ways to Fight Holiday Shopping Fraud in 2021

Fico Collections

Welcome to the holiday shopping season for 2021, the second impacted by the pandemic. Global Supply chain issues and scenes of countless ships waiting to unload their global cargo have certainly reminded us all of how interconnected we are around the globe. When we combine those logistics challenges with lingering fears of entering crowded malls, we have certainly injected a heightened level of stress and scarcity into this year’s e-commerce bonanza.

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Rule 144: Sale of Restricted or Control Securities

Nerd Wallet

Depending on your role within a company, you may have acquired restricted or control securities. If you no longer want some or all of them, don’t worry, they’re not impossible to offload. However, you’ll need to follow Rule 144 requirements. What is Rule 144? Rule 144 provides an exemption to the Securities Act of 1933. Tiffany Lam-Balfour writes for NerdWallet.

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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.