Account Recovery

NOVEMBER 21, 2024

Key Takeaways The Federal Reserve Bank of New York’s latest Survey of Consumer Expectations (SCE) Credit Access Survey paints a challenging picture for consumers seeking credit in 2024. While credit demand remains largely stable, rejection rates across key credit types have surged, signaling potential challenges for both consumers and lenders in the months ahead.

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Account Recovery

NOVEMBER 21, 2024

Rep. Andy Barr [R-Kent.] is emerging as the frontrunner to chair the House Financial Services Committee, a pivotal role that could significantly impact the debt collection industry’s regulatory landscape, thanks to indications he is the choice of House Majority Leader Rep. Steve Scalise [R-La.]. There are a handful of Congressmen interested in replacing Rep.

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Account Recovery

NOVEMBER 21, 2024

I am thrilled to announce that the Getting to Know series will be sponsored by TEC Services Group in 2024. TEC Services Group is the leading technology and professional services firm in the credit collections industry offering both leading industry solutions along with unrivaled, unbiased, and experienced support. TEC is now extending its services by offering proven, industry-leading technology solutions alongside of our Professional Services to help Clients feel confident in their technology de

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Account Recovery

NOVEMBER 21, 2024

Getting to Know Jennifer Klein of Bayview Solutions Judge Grants MSJ for Defendant in FDCPA Case Over Time that Email Was Sent/Received Rejection Rates on Credit Applications Reach New Highs Signaling Potential Problems for Consumers on the Horizon Contenders Vying to be Next Chair of House Financial Services Committee WORTH NOTING: Have you ever looked at a piece of art — especially one that just sold for more than $6 million — and thought “I could do that”?

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Financial services 130

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?

Account Recovery

NOVEMBER 21, 2024

In a case that was defended by Lauren Burnette at Messer Strickler Burnette, a District Court judge in Florida has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case surrounding a common claim being made against collection operations that are communicating with consumers via email — regarding the time that the message is received or read by the consumer being outside the FDCPA’s permissible contact window.

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