Sat.Nov 19, 2022 - Fri.Nov 25, 2022

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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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Staying agile and ahead with fintech

On Guard

From mobile payments to peer-to-peer lending, fintech is changing the way we invest, bank and do business. Fintech encompasses all technology that improves financial services and products. In short, fintech makes our financial lives easier. And this is true not only for individuals, but especially for businesses. Fintech helps you scale your business!

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FCC Rules Consent Needed for Ringless Voicemails

Account Recovery

The Federal Communications Commission yesterday announced it had issued a declaratory ruling that entities using ringless voicemail products must first obtain the consent of the consumer before using the product to drop voicemails into consumers’ voicemail boxes. The ruling, which the FCC said was unanimous, means that ringless voicemails are considered to be telephone calls … The post FCC Rules Consent Needed for Ringless Voicemails first appeared on AccountsRecovery.net.

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Why it’s important for collection agencies to share what they do

American Profit Recovery

There is a lot of important work done by reputable and professional debt collectors daily in this country. This work helps the overall economy, consumers that may be struggling with ongoing debt, and small businesses struggling to meet payroll and other expenses. The debt collection industry helps larger organizations keep costs down and keeps the workforce employed.

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Your Accounting Expertise Will Only Get You So Far: What Really Matters

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. 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 (a concept first popularized by Marshall Goldsmith in his book What Got You Here Won’t Get You There ). 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.

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Despite New Law, Consumers Feel Ambushed by Surprise Medical Bills

Nerd Wallet

The No Surprises Act, billed as protection for patients against surprise medical bills, took effect on New Year’s Day 2022. But has the federal law actually curbed health care charges at high out-of-network rates, as well as certain forms of “balance billing” for the portion of provider charges not covered by insurance? The new law’s. John Rossheim writes for NerdWallet.

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More Trending

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21 Companies Seeking Collection Talent

Account Recovery

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 first appeared on AccountsRecovery.net.

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Does Bankruptcy Clear Lawsuit Debt?

Sawin & Shea

Both being sued by a creditor and bankruptcy can feel like scary situations, but rest assured, filing for bankruptcy can help. Once bankruptcy is filed, whether it’s under Chapter 7 or Chapter 13 , an automatic stay prevents debt collectors from taking further legal action. Does bankruptcy clear lawsuit debt? Read on to answer this question and more regarding your bankruptcy situation.

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Wells Fargo, Back in the Hot Seat, Could Face Over $1B in Fines

Nerd Wallet

Wells Fargo appears to be back in the crosshairs of federal regulators, with Bloomberg reporting this month that the bank is expected to be fined more than $1 billion by the Consumer Financial Protection Bureau to settle investigations into its business practices. Details on these inquiries were not made available, and the CFPB and Wells. Cara Smith writes for NerdWallet.

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Worst sectors for late payment in 2022 named and shamed

UK debt collections

The worst sectors for late payment are named and shamed in new ports. The reports looks at the late payment practices of different business sectors in 2022. Analysis of payments data provided to the Department for Business, Energy, and Industrial Strategy of the FTSE 100 and 250 by AP automation provider Medius, reveals the three worst industries for late payments in the first half of this year.

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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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Class Action Accuses Collector of Requiring Reason to Accept Dispute

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 Class Action Accuses Collector of Requiring Reason to Accept Dispute first appeared on AccountsRecovery.net.

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FTC Safeguards Rule Deadline Extended, But Don’t Wait to Implement Data Security Compliance Protocols

Fraser

The Federal Trade Commission recently extended the deadline , from December 9, 2022, to June 9, 2023, for compliance with the most stringent requirements of its latest rulemaking, revisions to the Safeguards Rule under the Gramm Leach Bliley Act (“the GLBA”). The GLBA, which was implemented over 20 years ago, defines how businesses gather, use, and share certain financial information about their customers.

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Federal Student Loan Forbearance Extended Yet Again

Nerd Wallet

The White House has once again extended the federal student loan payment pause as it battles lawsuits threatening to derail its sweeping student debt forgiveness plan. Students may be off the hook for payments until summer 2023, the Department of Education said Tuesday. But if the Supreme Court decides the fate of Biden’s plan to. Eliza Haverstock writes for NerdWallet.

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CFPB and New York Attorney General Take Action Against Companies that Cheated 9/11 Victims

Consumer Finance

The CFPB and the New York Attorney General today took action against RD Legal Funding, two related entities, and the companies’ founder and owner, Roni Dersovitz to resolve their claims that defendants engaged in deceptive and abusive acts or practices under the Consumer Financial Protection Act in connection with offering cash advances to people on their settlement payouts from victim-compensation funds.

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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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Judge Sets Aside Default Judgment Against Defendant in FDCPA Case

Account Recovery

A District Court judge in North Carolina has granted a defendant’s motion for relief from judgment on the grounds that a default judgment obtained by the plaintiff in a Fair Debt Collection Practices Act case is void due to lack of service of process. A copy of the ruling in the case of Becvar v. … The post Judge Sets Aside Default Judgment Against Defendant in FDCPA Case first appeared on AccountsRecovery.net.

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Crypto Company FTX Files Massive Bankruptcy in Delaware

PBWT

Another domino has fallen. Earlier this year, we wrote about the challenges facing the crypto industry that resulted in the bankruptcy filings of Three Arrows Capital, Celsius Network, and Voyager Digital. We noted that other crypto entities could also end up in chapter 11, and that prediction has proven correct. On November 11, FTX Trading LTD and approximately 130 of its affiliates filed voluntary chapter 11 bankruptcy petitions in Delaware.

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4 Ways Savings Vaults Can Help You Manage Holiday Spending

Nerd Wallet

If Black Friday and the holiday shopping season are on your mind, it might seem odd to think that savings accounts — and specifically savings vaults — should also be on your radar. But savings vaults are sub-accounts that help track different savings goals, and you can use them to keep your shopping organized as. Margarette Burnette writes for NerdWallet.

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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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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!

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JPMorgan, Mastercard Partner on New Pay-by-Bank Service

Account Recovery

JPMorgan Chase and Mastercard have announced a partnership that will enable consumer data to be shared by “trusted” entities and allow consumers to pay bills from their bank account with greater ease and security. Called Pay-by-Bank, the solution will even use machine learning to determine the best time to initiate payments based on a consumer’s … The post JPMorgan, Mastercard Partner on New Pay-by-Bank Service first appeared on AccountsRecovery.net.

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Rising Unpaid Rent Arrears sees surge in Landlords seeking rent insurance

UK debt collections

Rising Unpaid rent arrears across the UK has seen a sharp upturn in Private Landlords seeking rent protection insurance. Data from different firms suggest there’s been an upsurge in the purchase of rent protection insurance by various different agents. More buying insurance products. Firstly, Goodlord and Vouch claims that 17 per cent more agents are buying insurance products now compared to this time last year, presumably on the instruction of their landlord clients.According to Goodlord’s mont

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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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Important Contract Terms for Every Small Business

Jimerson Firm

Every small business should have a written contract, whether it is with its customers, vendors, or suppliers. While every business is different, and this may apply to some industries more than others, it is important for small businesses to evaluate when or how a dispute could arise and whether they are protected if that happens. As a litigation attorney, I am constantly presented with disputes and come to find out that the small business did not have a written contract in place.

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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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Judge Grants MTD in FDCPA Case Over Collection of BK Debt

Account Recovery

A Magistrate Court judge in Puerto Rico has granted a defendant’s motion to dismiss after it was sued for violating the Fair Debt Collection Practices Act because it sent a letter to an individual attempting to collect on a debt that had been included in a petition for bankruptcy, ruling it was not the defendant’s … The post Judge Grants MTD in FDCPA Case Over Collection of BK Debt first appeared on AccountsRecovery.net.

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3 tips to help you rebuild after bankruptcy

Roths Child Law

The realization that you can’t pay all your bills each month can quickly put you into survival mode, which means you only pay what’s necessary to live. Late fees and negative marks on your credit report are likely going to affect you. . For some people, the hope of getting these debts taken care of gets a little farther away with each missed payment.

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Centurion Lounge at New York-LaGuardia Airport Review

Nerd Wallet

The Centurion Lounge at New York-LaGuardia Airport reopened in 2021, doubling from its initial size to 10,000 square feet. As commonly seen in all Centurion Lounges, the lounge at New York-LGA features locally inspired amenities, along with dining and cocktails curated by local chefs and mixologists. Centurion Lounges provide a more upscale experience than other.

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Howdy, Partner: What Law Firms Get Wrong About Partnership Agreements

NCBA Law Practice Management Blog

Oh, this one’s easy. Law firms don’t often have partnership agreements. Especially small firms. Which is kind of shocking, right? Because, if a lawyer had a business owner for a client, said lawyer would most stringently advise that business owner to draft a partnership agreement , if that business owner was to enter upon a partnership. So, why don’t more attorneys follow that sage advice?

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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