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WEST POINT, Utah, July 9, 2024 – Strategy3, a leading AI consulting firm specializing in the Accounts Receivable Management (ARM) industry, today announced the appointment of industry veterans Jeremy Mapes and Matt Kiefer as Senior Consultants.
The Federal Financial Institutions Examination Council (FFIEC) today published data on 2023 mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA) by 5,113 U.S. financial institutions, including banks, savings associations, credit unions, and mortgage companies.
Appeals Court Overturns Summary Judgment for Defendants in Case Over Call Frequency CFPB Takes Action Against Bank Collector Reveals Data Breach Affected Twice as Many People as Originally Disclosed 23 Companies Seeking Collection Talent WORTH NOTING: Secrets to help you fit more things in your suitcases … How hot is it in Arizona right now?
NPL Management: A 5-Step Roadmap to Strategic Success is the latest e-Guide to be published by Qualco UK. You can view it here. In today's regulatory environment, when it comes to collecting overdue accounts, the clear, overarching message is that the customer must be treated fairly and ethically. However, in a small number of credit businesses, the right strategies for systems and people have not been set.
AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?
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.
The Court of Appeals for the First Circuit has overturned a summary judgment ruling in favor of a creditor and two debt collectors that were sued in a class action for violating state law in Massachusetts related to how often a consumer can be contacted on the phone by a collector, ruling the plaintiff had […]
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The Court of Appeals for the First Circuit has overturned a summary judgment ruling in favor of a creditor and two debt collectors that were sued in a class action for violating state law in Massachusetts related to how often a consumer can be contacted on the phone by a collector, ruling the plaintiff had […]
The Consumer Financial Protection Bureau yesterday announced a pair of enforcement actions against Fifth Third Bank, including force-placing unnecessary auto insurance and opening unauthorized accounts. The bank will pay fines and customer restitution in the amount of $20 million.
A Pennsylvania-based debt collector that initially reported a data breach back in April that impacted 2 million individuals has filed an updated notice that reveals the number of impacted consumers is more than double that amount and that their medical information was among the information that was compromised.
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