Mon.Nov 21, 2022

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Judge Rebuffs CFPB Funding Argument in Denying MTD in CFPB Case Against TransUnion

Account Recovery

A District Court judge in Illinois has rebuffed arguments from a defendant being sued by the Consumer Financial Protection Bureau that a recent Appeals Court decision invalidating the mechanism through which the Bureau is funded is sufficient grounds to have the lawsuit dismissed, denying the plaintiff’s motion. A copy of the ruling, in the case … The post Judge Rebuffs CFPB Funding Argument in Denying MTD in CFPB Case Against TransUnion first appeared on AccountsRecovery.net.

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Who Owns My Student Loans?

Nerd Wallet

Staying on top of your debt is nearly impossible if you don’t know who owns your student loans. Knowing your loan balance, monthly payment and repayment options is critical if you want to pay off the loans faster, need to lower payments or temporarily stop making them altogether. Here’s how to determine who owns your. Trea Branch writes for NerdWallet.

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Compliance Digest – November 21

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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16 Black Friday and Cyber Monday Travel Deals to Check Out

Nerd Wallet

Black Friday’s seemingly unstoppable creep into the remaining days of post-Thanksgiving shopping fever has made it all the way to Tuesday — Travel Tuesday, that is. Travel-focused shoppers should remain on the lookout for deals on Black Friday and Cyber Monday, yes. Heck, some brands have already started the sales. Just know that many brands. Steve Miller writes for NerdWallet.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

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.

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Traumatic Injuries Put Patients into Deeper Financial Hole: Report

Account Recovery

Medical debt may be keeping people who suffer traumatic injuries from truly recovering and getting all the help they need, according to the author of a recently released report that sought to uncover the financial outcomes of insured individuals who suffer serious injuries. Individuals who suffer traumatic injuries were 23% more likely to have a … The post Traumatic Injuries Put Patients into Deeper Financial Hole: Report first appeared on AccountsRecovery.net.

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Daily Digest – November 21. Just Grants MTD in Case Over Fees, Charges in Letter; Judge Rebuffs CFPB Funding Argument in Denying MTD

Account Recovery

JUDGE GRANTS MTD IN FDCPA CASE OVER FEES, CHARGES LINE ITEM IN LETTER Ahh, remember the good ole’ days, before Regulation F went into effect? The different types of collection letters and notices were as numbered as the stars in the night sky. Interpreting what those letters meant was — and still is — left … The post Daily Digest – November 21.

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Great, Inflation Is Ruining Thanksgiving Dinner, Too

Nerd Wallet

This Thanksgiving, it’s not just the pandemic or post-election political tensions threatening to ruin your family dinner — it’s also inflation. Oh, and the ongoing avian flu that has killed more than 7 million turkeys nationwide this year. The American Farm Bureau Federation, which tracks food prices, said in a news release that consumers could. Anna Helhoski writes for NerdWallet.

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Judge Grants MTD in FDCPA Case Over Fees, Charges Line Item in Letter

Account Recovery

Ahh, remember the good ole’ days, before Regulation F went into effect? The different types of collection letters and notices were as numbered as the stars in the night sky. Interpreting what those letters meant was — and still is — left to judges across the land. Thus, it was left to a District Court … The post Judge Grants MTD in FDCPA Case Over Fees, Charges Line Item in Letter first appeared on AccountsRecovery.net.

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How I Ditched Debt: How Two Teachers Wiped Out More Than $53,000

Nerd Wallet

In this series, NerdWallet highlights people’s debt payoff journeys. This month, Jae Bratton recounts how she and her husband brought a laser focus to wiping out debt, motivated by hopes of starting a family. Jae Bratton Paid off: More than $53,000 in 3 years My story of ditching more than $53,046 of debt on two. Jae Bratton writes for NerdWallet. Email: jbratton@nerdwallet.com.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

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.

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Statement of CFPB Director Rohit Chopra, Member, FDIC Board of Directors, on the Living Wills Submitted by JPMorgan Chase, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, State Street, and Bank of New York Mellon

Consumer Finance

CFPB Director Rohit Chopra’s statement on the Living Wills Submitted by JPMorgan Chase, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, State Street, and Bank of New York Mellon.

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How to Buy Bitcoin With Cash App

Nerd Wallet

Cash App, a peer-to-peer money transfer app that is comparable to Venmo or PayPal, allows users to buy Bitcoin. Its platform is a straightforward alternative to using a crypto exchange, but limited in that it only allows you to buy and sell Bitcoin. Investors looking to purchase other digital assets will have to look elsewhere. Connor Emmert writes for NerdWallet.

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First-Party Fraud Must Be Stopped Across the Customer Lifecycle

Fico Collections

Home. Blog. FICO. First-Party Fraud Must Be Stopped Across the Customer Lifecycle. Financial institutions face first-party risks “inside the wire” - 14% of customers worldwide think it is normal to exaggerate income on a mortgage application. FICO Admin. Tue, 07/02/2019 - 02:45. by Sarah Rutherford. expand_less Back To Top. Mon, 11/21/2022 - 15:15. FICO’s 2022 global consumer survey on financial services and fraud produced some surprising results, but none more alarming than the 25% to 30% of fi

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AmEx ‘Apply With Confidence’ Feature Streamlines Application Decisions

Nerd Wallet

Next time you’re shopping around for an American Express credit card, you may be able to know your odds of approval before applying. After softly launching the “apply with confidence” feature earlier in 2022, AmEx has officially announced that it’s piloting this option on its website. “With our new application experience, prospective card members can.

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Agent Tooling: Connecting AI to Your Tools, Systems & Data

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.

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Federal Court Finds Text Messages From a Chatbot Do Not Constitute a Prerecorded or Artificial Voice Under the TCPA

Troutman Sanders

Do text messages sent by a chatbot fall within the provisions of the Telephone Consumer Protection Act (TCPA) prohibiting unsolicited calls made using an “artificial or prerecorded voice?” According to the United States District Court for the Northern District of California, the answer to that question is no. In Risher v. Adecco, Inc., the litigation involved claims that the defendants violated the TCPA by using a “chatbot,” a computer program utilizing artificial intelligence to recognize a con

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Looking for Stock Bargains? Consider Value Investing

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Warren Buffett is one of the most successful investors in history. He once wrote of his strategy: “Whether we’re.

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FICO Ranks Top 5 in the 2023 Chartis RiskTech100® Report

Fico Collections

Home. Blog. FICO. FICO Ranks Top 5 in the 2023 Chartis RiskTech100® Report. FICO awarded first place in six categories on risk and compliance technology in the 2023 Chartis RiskTech100 ® Report, including Innovation for the sixth year in a row. asokolowski. Fri, 06/03/2022 - 12:24. by Darryl Knopp. expand_less Back To Top. Mon, 11/21/2022 - 20:30. I am thrilled to announce that the annual 2023 Chartis RiskTech100® Report ranking risk and compliance technology companies is live!

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Is Ryanair Safe? 

Nerd Wallet

The no-frills Irish airline Ryanair is known for having affordable ticket prices and flying to many destinations, primarily throughout Europe. If you plan to travel to destinations outside the United States, you could save money by flying with Ryanair. But is Ryanair safe? In summary, yes — the airline has received good safety ratings, and. Natasha Gabrielle writes for NerdWallet.

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Protect What Matters: Rethinking Finance Ops In A Digital World

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.

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Order of Replevin: Getting Your Goods Back With Court Order

FFGN COLLECT NY

Seeking replevin is common and used by debt collection lawyers to recover goods or collateral for their clients. Replevin is available to a party seeking the return of goods pursuant to a court order directing a party to return the goods or collateral to you. An application for replevin relies on New York’s Uniform Commercial Code (UCC), which permits a “ secured party “ to take possession of goods sold or collateral pledged as part of a transaction.

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Smart Money: Crypto Crash, and Growing Money Fast

Nerd Wallet

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with an.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

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 November 18, U.S. Assistant Secretary of the Department of the Treasury (Treasury) Elizabeth Rosenberg provided remarks at the Crypto Council for Innovation.

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Delta Raises Partner Award Rates … Again

Nerd Wallet

After years of incremental devaluations to its unpublished partner award chart, Delta Air Lines has seemingly made its most significant change. Delta now uses dynamic award pricing for partner award flights — doubling or even tripling award rates on some routes. Here’s what you need to know about the latest Delta SkyMiles devaluation and where. JT Genter writes for NerdWallet.

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Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

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!