Wed.Jul 17, 2024

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My Employee Week Experience

American Profit Recovery

By Matt: American Profit Recovery’s Annual Employee Week was awesome this year. We shared good food, played many in-office games, and had some great times at after-work events, including a picnic. We also received some of the coolest prizes. I wanted to share three things that I absolutely love about employee week. To start, I had a great time playing the team challenges, and it was so much fun watching everyone compete for team prizes.

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FCC Proposes Rule Requiring Disclosure for AI-Generated Calls

Account Recovery

The Federal Communications Commission is proposing new rules to combat the rise of robocalls generated by artificial intelligence, a growing concern for both consumers and businesses. If adopted, these rules could significantly impact the way companies communicate with consumers. What’s happening: FCC Chairwoman Jessica Rosenworcel has introduced a proposal aimed at regulating AI-generated robocalls.

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CFPB Proposes Interpretive Rule to Ensure Workers Know the Costs and Fees of Paycheck Advance Products

Consumer Finance

The CFPB proposed an interpretive rule explaining that many paycheck advance products are consumer loans subject to the Truth in Lending Act.

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Appeals Court Affirms Dismissal of EFTA Suit Filed by Credit Union Against T-Mobile

Account Recovery

The Court of Appeals for the Sixth Circuit has upheld the dismissal of an Electronic Funds Transfer Act case filed by a credit union against T-Mobile, in which the credit union sought to be reimbursed for funds lost by its customers in a cellphone scheme that was perpetrated against the telecom company.

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Benchmarking ROI with Forrester: Measuring the Success of Finance Transformation

Finance Transformation Myths Busted Over 75% of organizations struggle to define the right success metrics to benchmark the impact of their finance transformation investment. Whether you are just initiating your digital transformation journey or planning to pitch your next AI project to leadership, without the right metrics and a rigorous tracking process - all your efforts might go to waste!

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Agencies Finalize Interagency Guidance on Reconsiderations of Value for Residential Real Estate Valuations

Consumer Finance

Five federal regulatory agencies today issued final guidance addressing reconsiderations of value (ROVs) for residential real estate transactions.

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23 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.

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Judge Awards Defendant $4k in Fees and Costs After Plaintiff Misses Deposition

Account Recovery

A Magistrate Court judge in New York has denied a plaintiff’s attorney’s motion to withdraw as counsel in a Fair Debt Collection Practices Act lawsuit and granted a motion from the defendant for fees and costs, ordering the plaintiff’s attorney to pay $4,358.93 after the plaintiff failed to appear for a deposition.