Tue.Jan 31, 2023

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Law Firm Facing Reg F, FDCPA Class Action Over Conflicting Info in Email, Letters

Account Recovery

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.

Law Firms 130
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PDCflow Releases Card Verify for Credit Card Transaction Authentication

PDC Flow

Validating credit card information before a transaction is submitted can eliminate failed payments. To help merchants ensure card data is accurate before a transaction is processed, PDCflow announces the new Card Verify feature.

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California DFPI Announces Enforcement Actions Against Five Collection Operations

Account Recovery

The California Department of Financial Protection & Innovation yesterday announced it has sent desist-and-refrain orders to five different collection operations, accusing them of operating in the state without applying for a license and other unlawful and deceptive acts and practices.

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CFPB Proposes Rule to Rein in Excessive Credit Card Late Fees

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule to curb excessive credit card late fees that cost American families about $12 billion each year.

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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

Join this exclusive webinar with Dr. Karen Hardy, where she will explore the power of storytelling in risk communication as a core component of a resilient organization's management framework!

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Judge Dismisses FDCPA Class Action for Lack of Standing

Account Recovery

A District Court judge in New Jersey has dismissed a Fair Debt Collection Practices Act class-action, ruling the plaintiffs lack standing to sue because they did not suffer a concrete injury when the defendant left voicemails using its official company name after sending letters to the plaintiffs using a different company name.

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Robot Lawyer Pivots to Consumer Rights Areas

Account Recovery

A company that built what it billed as the world’s first robot lawyer is now pivoting away from that following threats of jail time for the company’s owner and is instead focusing its technology on other areas, including a couple that involve the accounts receivable management industry.

Lawyers 130
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Most Tax Filers Work to Slash Their Bill, Embrace Green Credits

Nerd Wallet

Andrew Marder writes for NerdWallet. Email: amarder@nerdwallet.com. The article Most Tax Filers Work to Slash Their Bill, Embrace Green Credits originally appeared on NerdWallet. Taxes

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Daily Digest – January 31. Law Firm Facing Class Action; DFPI Announces Enforcement Actions

Account Recovery

Law Firms 130
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How Delta Choice Benefits Work

Nerd Wallet

JT Genter writes for NerdWallet. Email: travel@nerdwallet.com. The article How Delta Choice Benefits Work originally appeared on NerdWallet. Loyalty Programs Travel

91
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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.

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Mistakes to avoid when filing for personal bankruptcy

Roths Child Law

If you are struggling to pay your debts, you have a number of options at your disposal. You can approach your creditors for a waiver or negotiate a repayment plan that will work for you. If these options are not possible, you may consider filing for bankruptcy.

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How Does a Car Insurance Deductible Work?

Nerd Wallet

Drew Gula writes for NerdWallet. Email: dgula@nerdwallet.com. The article How Does a Car Insurance Deductible Work? originally appeared on NerdWallet. Auto Insurance Insurance

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Hiring for Florida Banks and Credit Unions: A Summary of Background Checks and Other Information Required to Comply With Various Regulatory Schemes

Jimerson Firm

Banks and credit unions should not only routinely require, but also closely scrutinize, criminal background checks during the hiring process in order to maintain compliance with applicable regulatory schemes.

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Credit Card Data

Nerd Wallet

NerdWallet writes for NerdWallet. Email: articles@nerdwallet.com. The article Credit Card Data originally appeared on NerdWallet. Credit Card Data Credit Cards

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

This exclusive webinar with Ryan McInerny will teach you all about cryptocurrency and NFTs! Register to learn more about identifying crypto transactions, crypto asset market trends, managing risk and compliance, and supporting customers and partners using crypto-based payments.

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Noncompete Agreements: Protecting Referral Relationships as Legitimate Business Interests

Jimerson Firm

Referral relationships are a valuable business asset that can be difficult to protect with noncompete agreements. Depending on whether your company is seeking to enforce a noncompete agreement or defend against its enforcement, that difficulty can act to your detriment or in your favor.

Trade 52
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The Guide to Princess Dining at Disney World

Nerd Wallet

Carissa Rawson writes for NerdWallet. Email: articles@nerdwallet.com. The article The Guide to Princess Dining at Disney World originally appeared on NerdWallet. Travel Vacations & Trip Planning

81
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Security Personnel as Independent Contractors – Part I: What Makes an Individual an Independent Contractor Instead of an Employee?

Jimerson Firm

When someone hired by the company commits a wrong, the company’s potential exposure to liability varies greatly depending on whether the individual is classified as an “employee” or an “independent contractor.”

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NerdWallet Compares the Best Small Cities to Spend Your Retirement Savings

Nerd Wallet

Courtney Miller writes for NerdWallet. Email: courtney.miller@nerdwallet.com. The article NerdWallet Compares the Best Small Cities to Spend Your Retirement Savings originally appeared on NerdWallet. Investing

81
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Effortless. Efficient. Enjoyable. Collection Software Built for Collectors.

Looking for a cloud-based collection platform that keeps track of accounts across teams, providing customizable workflows to keep collectors in sync with their collection strategy?

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Security Personnel as Independent Contractors – Part Ii: What Liability Is Incurred to the Company From Accidents Involving Independent Contractors?

Jimerson Firm

When someone hired by the company commits a wrong, the company’s potential exposure to liability varies greatly depending on whether the individual is classified as an “employee” or an “independent contractor.”

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Big Life Changes Could Spell Big Shifts in 2022 Tax Outcomes

Nerd Wallet

Elizabeth Renter writes for NerdWallet. Email: elizabeth@nerdwallet.com. Twitter: @elizabethrenter. The article Big Life Changes Could Spell Big Shifts in 2022 Tax Outcomes originally appeared on NerdWallet. Taxes

81
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Traditional Contract Principles Impacting Enforcement of Noncompete Agreements in Florida

Jimerson Firm

Florida law imposes many requirements on parties attempting to enforce noncompete agreements—some of which can be commonly overlooked. As outlined in the article below, Section 542.335, Florida Statutes, imposes the familiar requirements that can take substantial time and resources to satisfy.

Trade 52
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Millennial Parents Outpace Gen X, Boomer Parents on Retirement Savings

Nerd Wallet

Arielle O'Shea writes for NerdWallet. Email: aoshea@nerdwallet.com. Twitter: @arioshea. The article Millennial Parents Outpace Gen X, Boomer Parents on Retirement Savings originally appeared on NerdWallet. Investing

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Exploring the Overlap: Cost Optimization and Digital Transformation

Speaker: Alex Jiménez, Managing Principal, Financial Service Consulting for EPAM

The largest banks have increased reserves for protection against deteriorating economic conditions. Should banks delay their digital transformation investments and focus on cost reductions? In this webinar, Alex Jiménez will walk us through that question and examine the prudent course of action.

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Illinois Federal Court Dismisses FDCPA Claim for Lack of Article III Standing

Troutman Sanders

Federal courts across the country continue to divest themselves of Fair Debt Collection Practices Act (FDCPA) cases following the Supreme Court’s salient Article III standing decision in TransUnion LLC v. Ramirez.

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Financial Fees Could Cost Americans $1.1 Million Over Their Lifetime

Nerd Wallet

Erin El Issa writes for NerdWallet. Email: erin@nerdwallet.com. The article Financial Fees Could Cost Americans $1.1 Million Over Their Lifetime originally appeared on NerdWallet. Investing

78
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Public Comments on the CFPB’s Proposed Section 1033 Data Access Rule

Troutman Sanders

As discussed here , on October 27, 2022, the CFPB released an Outline of Proposals and Alternatives Under Consideration for public comments on the CFPB’s Section 1033 rulemaking. The window for providing written feedback closed on January 25, 2023.

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3 Ways to Save Money When Buying a Car

Nerd Wallet

Shannon Bradley writes for NerdWallet. Email: sbradley@nerdwallet.com. The article 3 Ways to Save Money When Buying a Car originally appeared on NerdWallet. Auto Loans Loans

Loans 77
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The Anti-Money Laundering Act of 2020: Initial Catalysts, Current Implications, and Future Impacts

Speaker: Elizabeth "Paige" Baumann, Founder and CEO of Paige Baumann Advisory, LLC

In this session, Elizabeth “Paige” Baumann will cover the Anti-Money Laundering Act of 2020, which also includes the Corporate Transparency Act. She'll take a deep dive into the catalysts that brought on the act, the current implications of the act, and what impacts the act has on the future of banking and finance.