Thu.Aug 11, 2022

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Getting to Know Kelli Edmonds of Kota Business Solutions

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 Kelli Edmonds of

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Money News: 3 Companies Commit Major Consumer Credit Blunders

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. Three major consumer companies have been involved in separate credit reporting issues recently. Meanwhile, two popular trading platforms have.

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Daily Digest – August 11. Getting to Know Kelli Edmonds; Judge Grants MSJ in Separate FDCPA Suit Filed Over Same Account

Account Recovery

GETTING TO KNOW KELLI EDMONDS OF KOTA BUSINESS SOLUTIONS After a 35-year career in the industry, Kelli Edmonds took the bold step earlier this year to hang out her own shingle and start her own business. When you have the depth and breadth of experience that Kelli has, though, sharing it with the rest of … The post Daily Digest – August 11.

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How I Got My Student Loans Forgiven: Legal Director in D.C.

Nerd Wallet

Search the internet for “student debt stories,” and you’ll easily find dozens of anxiety-ridden tales of student loan borrowers struggling to keep up with enormous debt balances that have swelled out of control due to compounding interest. Very few of those stories, however, end in total debt forgiveness. But that’s exactly what happened with Kristin.

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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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Judge Grants MSJ in Separate FDCPA Suit Filed Over Same Account

Account Recovery

A District Court judge in Missouri has granted a defendant’s motion for summary judgment after a plaintiff filed two separate lawsuits related to two different collection letters that she received five months apart attempting to collect on the same debt. A copy of the ruling in the case of Branum v. Midland Credit Management can … The post Judge Grants MSJ in Separate FDCPA Suit Filed Over Same Account appeared first on AccountsRecovery.net.

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CFPB Fines Fintech $3M for Using Faulty Savings Algorithm That Led to Customers Being Overdrawn

Account Recovery

The Consumer Financial Protection Bureau yesterday announced that a fintech company that promoted itself as a savings tool for consumers engaged in deceptive acts and practices by using a faulty algorithm that actually ended up causing its customers to “routinely” incur overdraft fees, and announced that the company will pay $2.7 million in fines as … The post CFPB Fines Fintech $3M for Using Faulty Savings Algorithm That Led to Customers Being Overdrawn appeared first on Accou

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Don’t Bank on Your Business to Fund Your Retirement

Nerd Wallet

Retirement can loom like a dark cloud for small-business owners. Many invest blood, sweat and tears — and every penny — into building their business but never set cash aside for the future. A huge number of entrepreneurs have reported putting aside no retirement savings at all. For some, selling the business is their only retirement. Kelsey Sheehy writes for NerdWallet.

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National Financial Awareness Day: Why Financial Literacy is Beneficial For Everyone

True Accord

August 14 is National Financial Awareness Day , making it an appropriate time to shine a spotlight on initiatives that can help improve consumer financial awareness in the collections space. Financial literacy is an essential life skill that benefits people throughout their lives, but is often overlooked when it comes to what happens if a payment is late or missed.

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How to Get into an AmEx Centurion Lounge Before Your Flight

Nerd Wallet

Navigating the airport can be an exhausting experience. Whether you’re taking your shoes off for the hundredth time or trying to explain to the gate agent that you really do have just one personal item, traveling can take a lot out of you. This is likely one of the reasons that airport lounges are so. Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com.

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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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Consumer Protection and Safety and Soundness Perspective of Credit Union Regulation

Troutman Sanders

Please join Consumer Financial Services Partner Chris Willis and his guests and colleagues James Stevens and Carlin McCrory as they discuss the consumer protection and safety and soundness sides of credit union regulation. The discussion includes topics on the National Credit Union Administration’s 2022 consumer protection priorities, loan participations, the 2023 CECL implementation, and the regulatory impact of a recession on consumer loan portfolios held by credit unions.

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Ethereum (ETH) vs. Ethereum Classic (ETC): How the Split Happened

Nerd Wallet

If you’re looking to buy Ethereum, you might come across two similarly named cryptocurrency blockchain networks: Ethereum and Ethereum Classic. Both have native coins — ETH and ETC, respectively — referred to as “ether,” but their prices and market caps are dramatically different. Ethereum is the most popular option by a large margin. The Ethereum. Connor Emmert writes for NerdWallet.

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How Banking CIOs Can Leverage IT Agility to Enable the Business

Fico Collections

Home. Blog. FICO. How Banking CIOs Can Leverage IT Agility to Enable the Business. Instead of supporting a piecemeal set of disconnected enterprise applications, IT can lead the way in advocating for platform-based solutions that will scale across use cases. FICO. Tue, 07/02/2019 - 02:45. by Richard Lagerweij. expand_less Back To Top. Thu, 08/11/2022 - 10:05.

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The Best American Airlines Credit Card Offers

Nerd Wallet

Fittingly for one of the largest airlines in the world, American Airlines offers a wide variety of credit cards — including personal and business cards from two banks. For travelers trying to determine which AA credit card offers the best fit, the options can be overwhelming. Here’s a comparison of American Airlines credit card offers. JT Genter 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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3 Ways to Fight Inflation and Win the Long Game

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. Inflation is scary. Groceries, gas, airfare, car purchases, utilities: In so many areas, your buying power is shrinking as.