Sat.Jul 16, 2022 - Fri.Jul 22, 2022

article thumbnail

More People Having Problems Making Ends Meet: Survey

Account Recovery

Three-quarters of individuals earning less than $100,000 per year say their earnings are falling behind their cost of living, compared with 50% who said so 22 months ago, according to the results of a survey released by Primerica. As well, the number of individuals who have an emergency savings fund that could cover an expense … The post More People Having Problems Making Ends Meet: Survey appeared first on AccountsRecovery.net.

245
245
article thumbnail

12 Ways to Make This Summer’s Travel Less Bad

Nerd Wallet

The on-time airline arrivals rate hasn’t been this bad since 2014. Since airports are chaotic, you may opt to drive, but gas prices have been soaring. Plus, hotel prices have hit all-time highs, even though many properties cut some services like daily housekeeping. Despite all those deterrents, traveling might be non-negotiable. You might have five.

106
106
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Do not put off hiring a collection agency this year

American Profit Recovery

Our economy is changing, and you need to be ready! If your business has thought about hiring a collection agency to improve cash flow, but has never made a firm decision, you’ll want to listen up. Economic conditions are changing rapidly, and your ability to weather the shifting conditions could rely on just a few basic principles and techniques in your business.

article thumbnail

Citing Uptick in Complaints, CFPB Will Push Banks to Refund More Victims of Money Transfer Scams

Troutman Sanders

As peer-to-peer money transfer services (or cash apps) become more popular, there has been an increase in the number of scams enticing consumers to transfer funds to fraudsters. The law currently provides that the banks that own the cash apps are only required to reimburse transactions not authorized by the customer — meaning if a customer is tricked into transferring money to a scammer, but authorizes the transaction, the banks are not responsible for those transactions.

Banks 98
article thumbnail

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.

article thumbnail

Collector Facing Class-Action Suit for Failing to Provide Validation Information in Initial Notice

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. 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 Collector Facing Class-Action Suit for Failing to Provide Validation Information in Initial Notice appeared first on AccountsRe

246
246

More Trending

article thumbnail

4 little known benefits of using a debt collection agency

American Profit Recovery

When running any type of business, you are obviously dealing with clients and customers who ultimately need to pay you for your goods and services. But we all know that there are a certain percentage of your customer’s over time that will drag out payments, not pay you at all, or run into circumstances where they lose the ability to meet their financial obligations.

article thumbnail

Continuous Financial Education for Women Small Business Owners

Fico Collections

Home. Blog. FICO. Continuous Financial Education for Women Small Business Owners. FICO-hosted panel at NAWBO’s 2022 Advocacy Days discusses how financial education impacts access to capital and business growth for small businesses. FICO. Tue, 02/18/2020 - 14:57. by Joanne Gaskin. expand_less Back To Top. Thu, 07/21/2022 - 15:30. In June, I had the pleasure of participating in a panel discussing credit access and financial education for women small business owners at the National Association of W

article thumbnail

Panel Discusses How Blockchain Can Improve Debt Collection Process

Account Recovery

ORLANDO — Could blockchain be coming to the accounts receivable management industry? A panel of speakers presenting at ACA International’s annual convention here yesterday laid out a series of scenarios in which the technology could be applied to debt collection process, with some surprising benefits. For those who are not terribly familiar with the technology, … The post Panel Discusses How Blockchain Can Improve Debt Collection Process appeared first on AccountsRecovery.net.

article thumbnail

11 Ways to Earn Hilton Points

Nerd Wallet

Hilton is one of the largest hotel chains in the world. With more than 6,800 properties worldwide, across 122 countries and territories, there is likely to be one of Hilton’s 18 brands in many of the destinations you are looking to travel to. Hilton’s loyalty program, Hilton Honors, offers its members the opportunity to collect. Aaron Hurd writes for NerdWallet.

article thumbnail

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.

article thumbnail

TV stars company collapses due to unpaid debts

UK debt collections

Former Emmerdale TV soap Star Danny Miller has had his company put into liquidation due to a series of unpaid debts. The performing arts company Cannon Professional Acting company owing a whopping £117,528 of unpaid debts. The actor left the popular soap Emmerdale last year before going on to win the 2021 series of I’m a celebrity… get me out of here.

article thumbnail

Default: The Risk of Failing to Respond to a Lawsuit Brought Against You

Fraser

The risk of failing to respond to a lawsuit against you is severe. Understanding what a default is, and the implications associated with a default judgment is important when having a lawsuit brought against you. What is a default? A default can occur when a party that has been sued fails to respond to the complaint or otherwise defend against the lawsuit in a timely manner.

article thumbnail

Getting to Know Larry Baker of RGS Financial

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 Larry Baker of R

article thumbnail

Alaska Airlines vs. Delta Air Lines: Which Is Right for You?

Nerd Wallet

Once partners, now competitors, Alaska Airlines and Delta Air Lines each have a large presence at Seattle-Tacoma International and Los Angeles International airports. If you live near one of these cities or are planning a trip to visit, you’ll likely have flight options on both carriers. If you’re not already loyal to one or the. Anya Kartashova writes for NerdWallet.

93
article thumbnail

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.

article thumbnail

Enforcing a CCJ – What are the options?

UK debt collections

Obtaining and enforcing a CCJ may seem straight forward but that is not always the case. A CCJ ratifies a debt and makes it official that the debtor owes money and it must be repaid. Whilst obtaining a County Court Judgment (CCJ) is a often a necessary step in some situations, it does not guarantee the debt will be repaid. When a CCJ is not repaid despite a request by the court to do so, there are various options available to the claimant and creditor.

Debtor 81
article thumbnail

What Debt Collectors Can and Cannot Do in Indiana

Sawin & Shea

Have you ever been incessantly contacted by a debt collection agency trying to get money from you? Many individuals experience unwanted contact from debt collectors and are unsure how to approach the situation. That’s why we’re here to help. It can be difficult to understand just what exactly these agencies are legally allowed to do, and what crosses the line.

article thumbnail

Sedric Welcomes New Advisory Board Members to Support its Growth in the Consumer Finance Market

Account Recovery

Tel Aviv, Israel and New York, NY –News Direct– Sedric.ai (“Sedric”), an AI-based compliance excellence platform for fintechs and financial services firms, today announced the newest members of its Advisory Board. The experts joining Sedric’s Advisory Board are Joann Needleman, Partner, and Leader at ClarkHills, and a former member of the Consumer Financial Protection Bureau’s (CFPB) … The post Sedric Welcomes New Advisory Board Members to Support its Growth in the

article thumbnail

Smart Money Podcast: Building the Right Team

Nerd Wallet

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week, we talk with a business owner about how she launched her IT consulting business, the way she learned to choose the right partners and what her exit strategy is. Check out this episode on any of these platforms: Apple Podcasts. Rosalie Murphy writes for NerdWallet.

90
article thumbnail

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!

article thumbnail

Shocking rise in Business Insolvencies

UK debt collections

A shocking rise in Business insolvencies has seen a 70% increase. The alarming rise has seen business insolvencies jump from 11,261 to 19,191 in the last year. This latest blow is according to analysis by international audit, tax and advisory firm Mazars. The company says the highest interest rates in 13 years have made businesses’ debts more expensive to service and has led to an even greater number of indebted businesses falling into insolvency.

article thumbnail

MicroBilt appoints Joseph Fitzpatrick as President and Chief Revenue Officer

Micro Bilt

Alternative credit data pioneer MicroBilt today announced that Joseph Fitzpatrick has joined MicroBilt in the role of President and Chief Revenue Officer (CRO). Joe will work directly under the leadership of Walt Wojciechowski, Chief Executive Officer.

65
article thumbnail

Daily Digest – July 19. Class Action Accuses Collector of Violating FDCPA; State Honors Tom Haag

Account Recovery

CLASS-ACTION ACCUSES COLLECTOR OF VIOLATING FDCPA, FCCPA BY ADDING ‘ILLEGAL’ COLLECTION FEE A class-action lawsuit has been filed against a collection agency, accusing it of violating the Fair Debt Collection Practices Act and the Florida Consumer Collection Practices Act because it allegedly added an “illegal” collection fee that represented 67% of the total amount owed, … The post Daily Digest – July 19.

article thumbnail

How to Buy Tether (USDT)

Nerd Wallet

Tether’s flagship cryptocurrency, USDT, is supposed to be pegged to the U.S. dollar, meaning that each USDT token should maintain a corresponding value of $1. Since Tether is pegged to a traditional fiat currency, it tends to behave as such, and its value rarely fluctuates. If you’re searching for a cryptocurrency with big growth potential, Connor Emmert writes for NerdWallet.

90
article thumbnail

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.

article thumbnail

49% of Small Business Owners being forced to raise prices

UK debt collections

Almost half of all Small Business owners on the UK are said to be increasing prices to combat rising costs and increasing late payments. The SME Insights Report, released by Simply Business, one of the UK’s biggest small business insurance providers, saw over 1,000 small business owners from across the UK surveyed. It lays bare the truth of how SMEs are responding to the current economic climate – navigating an uphill challenge of rising costs, late payment, staggering levels of inflation and po

article thumbnail

Paper responds to Wilf-Townsend's Assembly-Line Plaintiffs

Public Citizen

Last year, we published a link to Daniel Wilf-Townsend's Harvard Law Review article  Assembly-Line Plaintiffs. Now Jessica Steinberg of George Washington, Colleen F. Shanahan of Columbia, Anna E. Carpenter of Utah, and Alyx Mark of Wesleyan's Dept. of Government and the American Bar Foundation have written a response to it, The Democratic (Il)legitimacy of Assembly-Line Litigation, 135 Harv.

article thumbnail

Compliance Digest – July 18

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.

246
246
article thumbnail

How to Afford Big-Ticket Items for the Year

Nerd Wallet

When Brandy Baxter needed to replace her home’s entire heating and air conditioning system several years ago, she asked contractors if they offered deals at certain times of the year. She learned that if she waited until February, the slow season for such work, she could get a lower price. Baxter, a financial coach based. Kimberly Palmer writes for NerdWallet.

86
article thumbnail

Operational Strength Starts with People: The New Rules of Finance Leadership

Speaker: Melissa Hurrington

What’s holding finance teams back isn’t just process inefficiency. It’s culture gaps, reactive mindsets, and missed opportunities to lead real change. In an era of disruption, finance leaders can no longer afford to operate on autopilot and the most resilient teams aren’t just efficient—they’re connected, talent driven, and culture-focused. Join Melissa Hurrington for an exploration into how finance leaders can evolve beyond process and numbers to create adaptive, people-powered teams that thriv