Account Recovery
DECEMBER 11, 2024
The Consumer Financial Protection Bureau has initiated a rulemaking process related to the Fair Credit Reporting Act aimed at protecting survivors of domestic violence, elder abuse, and financial coercion from the long-lasting financial harm of coerced debt. Driving the news: Earlier this week, the CFPB announced an advance notice of proposed rulemaking (ANPR) to amend the FCRA.
Consumer Finance
DECEMBER 11, 2024
The CFPB took action to close an outdated overdraft loophole that exempted overdraft loans from lending laws.
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Account Recovery
DECEMBER 11, 2024
A District Court Judge in Ohio has granted a defendant’s motion for judgment on the pleadings — albeit on a technicality — in a Fair Debt Collection Practices Act (FDCPA) case that accused the defendant of sending a text message attempting to collect on a debt after the plaintiff had responded to an earlier text message declining to pay the debt.
Consumer Finance
DECEMBER 11, 2024
Joint letter from the CFPB and IHS to medical providers, suppliers, billers, and debt collectors re: improper bills.
Speaker: Anna Tiomina, MBA
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?
American Profit Recovery
DECEMBER 11, 2024
We see it all too often. Businesses have a pile of outstanding invoices. They are not getting paid, and the business waits far too long to get serious about getting those customers to keep up with their payments. Maybe they dont have the systems in place to get late customers to pay or they may not want to upset their customers by implementing collection activity.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
DECEMBER 11, 2024
The Federal Communications Commission yesterday announced it was putting 2,411 voice service providers on notice for failing to comply with the agency’s Robocall Mitigation Database (RMD) requirements. These providers now face removal from the database, effectively barring them from transmitting calls through U.S. phone networks. This is the largest such action taken by the FCC.
True Accord
DECEMBER 11, 2024
Its that time of year againthe season of giving, which has landed nearly half (47%) of consumers in debt thanks to holiday spending in the past. And the struggle continues to be real for consumers with 68% reporting that inflation is stretching their holiday budgets thin and 89% of consumers reporting they feel tempted to spend more than they should.
Account Recovery
DECEMBER 11, 2024
Judge Grants MJOP in FDCPA Case Over Text Message Sent After Cease Request FCC Threatens to Block 2,400 Voice Providers for Failure to Comply CFPB Targets Coerced Debt in FCRA Overhaul 25 Companies Seeking Collection Talent State Donates $32,000 to Family Promise of Beloit Shelter WORTH NOTING: Another list of the best movies and TV shows of 2024 … Experts weigh in on the OMAD fad of eating only once per day … The cities and metropolitan areas that will be the hottest housing markets
Account Recovery
DECEMBER 11, 2024
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 to be a service to aggregate industry job opportunities into one convenient location.
Speaker: Melissa Hurrington
Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.
Account Recovery
DECEMBER 11, 2024
State recently presented a check for $32,000 to Family Promise of Greater Beloit, a homeless shelter serving families. The funds were raised by State’s leadership team and vendors at State’s Annual Charity Golf Outing. “As a local employer located in the former Eclipse Center, we want to help the entire Beloit community thrive,” said Tim Haag, State’s president and chief executive officer. “We value the important work by Family Promise in preventing and resolv
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