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McHenry Tapped to Lead House Financial Services Committee

Account Recovery

was selected yesterday to be the next chair of the House Financial Services committee. when the new congressional term is gaveled into session … The post McHenry Tapped to Lead House Financial Services Committee first appeared on AccountsRecovery.net.

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Monterey Financial Services Acquires Continental Central Credit

Account Recovery

Monterey Financial Services announced earlier this week that it had purchased Continental Central Credit. Monterey offers debt buying, servicing, and delinquent debt recovery solutions. General News Continental Central Credit M&A Monterey Financial Services

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Subcommittees Demonstrate McHenry’s Priorities as House Financial Services Chair

Account Recovery

If you are curious what the priorities of the House Financial Services Committee will be under new Chair Rep. The post Subcommittees Demonstrate McHenry’s Priorities as House Financial Services Chair appeared first on AccountsRecovery.net.

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Chatbot Usage Growing in Financial Services

Account Recovery

Chatbots are becoming a more common component of customer service offerings in the financial services industry, and offer companies in the accounts receivable management … The post Chatbot Usage Growing in Financial Services appeared first on AccountsRecovery.net.

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Connect, Care, Convert: Secrets to Establishing Trust with Niche Markets and Turning Them Into Clients

Speaker: Lynnette Khalfani-Cox, The Money Coach®

Lynnette Khalfani-Cox, The Money Coach, is here to give you insights into the consumer mindset along with proven strategies for nurturing trust and client-building in underserved markets.

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Rep. McHenry to seek Chair of Financial Services Committee if Republicans Take Back House

Account Recovery

McHenry to seek Chair of Financial Services Committee if Republicans Take Back House appeared first on AccountsRecovery.net. Compliance House Financial Services Committee Rep.

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Federal Gov’t Announces Crackdown on Discrimination in Financial Services

Account Recovery

It might not specifically mention debt collection or the accounts receivable management industry, but everyone’s ears should still be perking up after a number of departments within the federal government on Friday announced a crackdown on discrimination in the financial services industry.

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Barron & Newburger, P.C. Adds Compliance Expert to Financial Services Practice Group 

Account Recovery

She will be a significant addition to the firm’s Financial Services Practice Group. Adds Compliance Expert to Financial Services Practice Group appeared first on AccountsRecovery.net.

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Clark Hill Adds Ari Derman to Banking and Financial Services Practice

Account Recovery

Clark Hill announced today that Ari Derman has joined the firm as Senior Counsel in its Banking and Financial Services group. He will be based in Clark Hill’s Chicago office and also be a part of the Financial Services Regulatory and Compliance team.

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Getting to Know Ken Rowen of CMRE Financial Services

Account Recovery

… The post Getting to Know Ken Rowen of CMRE Financial Services appeared first on AccountsRecovery.net. The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management.

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USPS Rolling Out New Financial Services; Bill Payment Option on the Menu

Account Recovery

General News United States Postal Service

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Operational Risk Management in Financial Services

PDC Flow

You may encounter clients and vendors who are suspending services due to the pandemic. You may also speak to vendors to make sure you are not left without essential services without advanced notice or a backup plan. Financial Services

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Getting to Know Lee-Madeline Dowls of First Investors Financial Services

Account Recovery

… The post Getting to Know Lee-Madeline Dowls of First Investors Financial Services appeared first on AccountsRecovery.net. The “Getting to Know” series is sponsored by Applied Innovation.

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Top Financial Services Podcasts for AR and Consumer Finances

PDC Flow

Here are just some of the many financial services podcasts available centering on accounts receivable , consumer finance and other aspects of business that can strengthen your skills and keep your company current. Financial Services and Fintech. Financial Services

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

The bulletin details recent findings by CFPB examiners that certain loan servicers illegally returned loans to collections after bankruptcy courts discharged the loans. On March 15, the Federal Reserve announced that the FedNow Service will start operating in July.

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Avoiding Wage and Hour Lawsuits in the Financial Services Industry

Jimerson Firm

That trend holds true in the financial services industry, despite such lawsuits being more commonly associated with lower paid jobs. Below, we discuss three of the most common wage and hour issues that commonly arise in the financial services industry.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On March 2, the Consumer Financial Protection Bureau (CFPB) published a new report, analyzing the financial profiles of Buy Now, Pay Later borrowers. They also will more likely exhibit measures of financial distress than non-users.

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Clark Hill Adds Industry Leader Leslie Bender as Financial Services Regulatory and Privacy Lawyer in D.C.

Account Recovery

Bender has joined the firm as Senior Counsel in its Financial Services Regulatory & Compliance group in Washington, D.C. WASHINGTON, D.C., October 19, 2020 – Clark Hill PLC today announced Leslie C.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On March 2, the Consumer Financial Protection Bureau (CFPB) published a new report, analyzing the financial profiles of Buy Now, Pay Later borrowers. They also will more likely exhibit measures of financial distress than non-users.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

While risks to borrowers impacted by COVID-19 have declined, they remain high for leveraged loans, as well as the entertainment, recreation, and transportation services industries.

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Daily Digest – October 6. Appeals Court Upholds Ruling for Medical Provider in FDCPA False Name Case; USPS Rolling out New Financial Services

Account Recovery

Appeals Court Upholds Ruling for Medical Provider in FDCPA False Name Case; USPS Rolling out New Financial Services appeared first on AccountsRecovery.net.

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Connecticut Regulator Revokes License, Fines Agency $100k

Account Recovery

Financial Services Connecticut Department of Banking Connecticut Medical Financial Services

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

Corp and nonbank financial service provider Zera Financial for allegedly making false and misleading statements, implying that FDIC deposit insurance protected their customers’ digital assets. EU Joint Financial Regulatory Forum.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

collectively “Kraken) for its offering of a “staking-as-a-service program, which the SEC alleged was “an investment contract and therefore a security whose offers and sales were subject to the registration requirements of the federal securities laws.

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Brand Building for Financial Services: An Interview With Phoebe Assenza, Brand Strategist

PDC Flow

We sat down to discuss the importance of a brand strategy for financial services and ARM firms, and what that entails. How is brand building for financial services different from, say, a packaged product on a store shelf? Ease of service above all else.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

District Court for the Northern District of Illinois dismissed with prejudice claims that Townstone Financial, Inc. Although the changes become effective on April 30, mortgage servicers may begin immediately offering these options to borrowers.

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Previewing Thursday’s House Hearing on Reforming the CFPB

Account Recovery

Compliance House Financial Services Committee House Financial Services Subcommittee on Financial Institutions and Monetary Policy Rep.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

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.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

Negative option programs include subscription services that automatically renew unless the consumer affirmatively cancels, as well as trial marketing programs that charge a reduced fee for an initial period and then automatically begin charging a higher fee.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

Senator Elizabeth Warren (D-MA) applauded the SEC’s crypto-related enforcement actions to date, while delivering remarks during a virtual event co-hosted by the American Economic Liberties Project and Americans for Financial Reform.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

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.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

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.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

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. financial markets.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

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.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

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.