Account Recovery

OCTOBER 4, 2022

For the first time ever, the Federal Communications Commission has announced enforcement actions that will remove seven different carriers from its Robocall Mitigation Database after being accused of failing to implement anti-spam measures like the STIR/SHAKEN protocols. The companies have 14 days to prove to the FCC why they should not be removed, and if … The post FCC Enforcement Action to Block Calls from Seven Carriers appeared first on AccountsRecovery.net.

246

246

Nerd Wallet

OCTOBER 4, 2022

Ether, or ETH — the Ethereum blockchain’s native token — can be held in most of the leading crypto wallets on the market. You can store ETH in a “hot” software wallet connected to the internet on your computer or phone, or a “cold” hardware wallet that can keep your data fully offline. For DeFi. Dalia Ramirez writes for NerdWallet. Email: dramirez@nerdwallet.com.

92

92

Account Recovery

OCTOBER 4, 2022

DEBT RELIEF POWER OF ATTORNEY DOC AT CENTER OF FDCPA SUIT A collector is being sued because it allegedly refused to discuss the particulars of a debt with the plaintiff, due to the fact the plaintiff had previously executed a power of attorney with the debt relief firm at which she was working. The plaintiff … The post Daily Digest – October 4.

246

246

Nerd Wallet

OCTOBER 4, 2022

Flying can be expensive. Because of consolidation between the U.S. airlines, there is a lot less competition on some routes, leading to even higher prices on those trips. But, what if you could pay less to fly on the exact same flight? Enter Skiplagged. This service finds “hidden city” tickets — which means you buy. JT Genter writes for NerdWallet. Email: travel@nerdwallet.com.

83

83

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

OCTOBER 4, 2022

The New York Department of Financial Services yesterday announced it was relaunching its Consumer Protection Advisory Council, and that the group has already held its first meeting. Along with bringing the group out of mothballs, the DFS also sought to expand Council’s membership, adding 14 new members, bringing the overall size of the group to … The post NY DFS Brings Back Consumer Protection Council appeared first on AccountsRecovery.net.

Financial services 246

Financial services 246

Account Recovery

OCTOBER 4, 2022

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 21 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

Accounts Receivables Management 246

Accounts Receivables Management Collections 246

Nerd Wallet

OCTOBER 4, 2022

Does the thought of dealing with your debt make you want to go back to bed? More than 1 in 5 Americans (22%) are likely to put off creating a debt payoff plan, according to a June 2022 survey from NerdWallet conducted online by The Harris Poll. That’s a lot of procrastination, and it’s no. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com.

80

80

Account Recovery

OCTOBER 4, 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 Debt Relief Power of Attorney Doc at Center of FDCPA Suit appeared first on AccountsRecovery.net.

246

246

Nerd Wallet

OCTOBER 4, 2022

Financial misinformation is rampant, and it could be hurting your credit score. A new NerdWallet survey finds that Americans hold many misconceptions about their credit, some of which could seriously damage their scores. Here are three common credit score myths and how to guard against them. Myth 1. Leaving a balance on your credit card. Erin El Issa writes for NerdWallet.

77

77

Advertisement

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.

Collections

Account Recovery

OCTOBER 4, 2022

Malone Frost Martin PLLC is excited to announce that it has changed its name to now be known as Martin Lyons Watts Morgan PLLC. The firm announced the name change to recognize the efforts and leadership of partners Loraine Lyons, Xerxes Martin, Porter Heath Morgan, and Patrick Watts. Partners Xerxes Martin and Patrick Watts have … The post Malone Frost Martin Changes Name, Now Known as Martin Lyon Watts Morgan appeared first on AccountsRecovery.net.

245

245

Nerd Wallet

OCTOBER 4, 2022

Are you a Hilton loyalist? Do you arrive in a city, scope out the nearest Hilton property, and settle in without looking elsewhere? Hilton rewards its frequent customers with an elite status program that offers suite upgrades, food and beverage credits and executive lounge access, so it’s no surprise that many travelers seek out its. Carissa Rawson writes for NerdWallet.

74

74

Account Recovery

OCTOBER 4, 2022

In a ruling that is emblematic of what is happening in Hunstein cases across the country, a District Court judge in North Carolina has used the Eleventh Circuit’s en banc ruling to determine that a plaintiff does not have standing to sue in federal court and remanded the case back to state court where it … The post Hunstein Ruling Pushing More Cases Back to State Court appeared first on AccountsRecovery.net.

Financial services 242

Financial services Collections 242

Nerd Wallet

OCTOBER 4, 2022

Platinum Medallion is the second-highest standard tier in the Delta Air Lines SkyMiles program and offers a significant swath of benefits for some of Delta’s most frequent flyers. Not only are the perks available for domestic travelers, but several benefits make flying overseas especially rewarding. You can even earn Medallion status when redeeming miles for.

72

72

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

Troutman Sanders

OCTOBER 4, 2022

On September 29, the Consumer Financial Protection Bureau (CFPB or Bureau) released a special edition of its Supervisory Highlights , focusing on student loan servicing. The report contained findings on federal student loan servicing that echo many recent public comments by the Bureau, but more notably, this edition of Supervisory Highlights also focused heavily on loans made by schools themselves, and the CFPB simultaneously announced that it was updating its examination manual and would be con

Student loans 52

Student loans Student Loans Loans Education 52

Nerd Wallet

OCTOBER 4, 2022

The “abortion pill” — common shorthand for medication abortion, which is actually two pills taken separately — can cost upwards of $800, according to Planned Parenthood. Some insurance plans cover the cost of medication abortion. Since the Supreme Court overturned Roe v. Wade in June, access to abortions in the United States has been severely. Cara Smith writes for NerdWallet.

66

66

Troutman Sanders

OCTOBER 4, 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 September 30, the Commodity Futures Trading Commission (CFTC) filed an enforcement action against crypto futures and spot market exchange Digitex and its founder and CEO Adam Todd.

Financial services 52

Financial services Trade Retail Banks 52

FFGN COLLECT NY

OCTOBER 4, 2022

Companies that grow by acquisition are often faced with challenges when taking a deep dive into recently acquired new customer accounts. Although acquisitions can increase your customer base, new client relationships don’t always go as anticipated. The predecessor company had a history–maintaining customer accounts with previously established patterns of doing business, deliverables, and customer payment schedules.

Acquisition 52

Acquisition Collections Construction Debtor 52

Advertisement

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.

Collections

Consumer Finance

OCTOBER 4, 2022

Company did not provide accurate fee, exchange rate, and other key information for money transfers.

55

55

NACM

OCTOBER 4, 2022

NACM's recent eNews poll on Days Sales Outstanding (DSO) shows 45% of credit departments have seen an at least 5% increase within the past year. 20% say DSO has decreased and 35% report that DSO levels remained the same.Nathan Hutton, CICP, global credit manager at Donaldson Company, Inc. (Minneapolis, MN) has seen a fairly stable DSO over the past.

Credit Management 5

Credit Management 5