Account Recovery

NOVEMBER 18, 2024

Granted, this appears to be available in England only for now, and it’s intended to fight fraud and scams, but it’s likely only a matter of time before it makes its way westward to the United States and could possibly be deployed against collection calls. England’s largest cellphone carrier has unveiled a new technology that could pose a new challenge for debt collectors.

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Prosperity Now

NOVEMBER 18, 2024

Starting a business is never easy, and for entrepreneurs of color, the journey is often filled with unique challenges. Bianca Jackson, founder of BrickRose Exchange, shares her journey, the hurdles she's faced, and her vision for a future where technology and innovation empower all entrepreneurs.

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Account Recovery

NOVEMBER 18, 2024

In a development first announced by ACA International, the New York City Department of Consumer and Worker Protection (DCWP) has proposed an amendment to its new debt collection regulation. The amendment aims to clarify that the definition of a “debt collector” under the city’s Consumer Protection Law (CPL) explicitly includes creditors collecting their own debts.

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Hudson Weir

NOVEMBER 18, 2024

Find out how a freezing order works in this guide and learn about the options for business recovery after a creditor has blocked access to the company’s cash or assets. What is a freezing order exactly? Courts may grant a freezing order after a successful application from a creditor to deny directors access to their company’s cash or assets of an equivalent value to the debt.

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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 18, 2024

A District Court judge in Maryland has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act lawsuit after it was accused of not responding to a validation request from the consumer, pointing out that the defendant doesn’t necessarily have to respond, as long as it doesn’t attempt to collect on the debt. The background: The plaintiff received a notice regarding the debt from the defendant.

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Account Recovery

NOVEMBER 18, 2024

Judge Dismisses FDCPA Suit After Defendant Doesn’t Respond to Validation Request NYC Amends Collection Regulation to Clarify Debt Collection Definition Includes Creditors U.K. Cellphone Provider Unveils AI ‘Granny’ To Talk to Scammers Compliance Digest – November 18 WORTH NOTING: A refresher on food safety tips, like the five-second rule, in advance of holiday dinners and leftovers … Nine countries offer ancestry-based citizenship to Americans, if you are looking for a new place to l

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