Account Recovery
NOVEMBER 30, 2023
Almost three-quarters of individuals can’t or don’t pay their healthcare bills immediately, and among those who wait, not having enough money to pay the bill is the biggest reason why, according to the results of a nationwide survey that were released earlier this week.
Credit Corp
NOVEMBER 30, 2023
Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Snapshot: This card is great if you have a weaker credit score and are looking to access a potentially larger line of credit than most credit cards for
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Account Recovery
NOVEMBER 30, 2023
Getting to Know Tracy Davis of Quanta Credit Services Judge Grants MTD in FDCPA Case Over Dismissed Collection Suit Suit Seeks $2M from Agency, Healthcare Provider Over Allegedly Illegal Collection Practices Why Most People Don’t Pay Their Healthcare Bills WORTH NOTING: If you’re getting your mail later than usual, you might want to blame Amazon […]
Credit Corp
NOVEMBER 30, 2023
Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Snapshot: Whether you go with the the Capital One Spark Cash Select for Good Credit or the Capital One Spark Cash Select for Excellent credit, you can
Speaker: Mark Stovel
When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.
Account Recovery
NOVEMBER 30, 2023
A collection agency and a healthcare provider in Oregon are being sued by an individual who is seeking $2 million in punitive damages because the provider has not complied with state and federal laws regarding charity care and financial assistance and violating the Fair Debt Collection Practices Act.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
NOVEMBER 30, 2023
For all the talk about the fact that this industry is shrinking and not a place for innovators, I give you Tracy Davis, who left a career in digital marketing to join the industry just four months ago.
Credit Corp
NOVEMBER 30, 2023
Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Editorial Disclosure: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Snapshot: The Capital One Venture X Rewards credit card is an ideal option for those with excellent credit who want a premium travel rewards credit c
JMA
NOVEMBER 30, 2023
At JMA Credit Control, we’ve witnessed first-hand the remarkable transformation in the debt collection industry, a change driven largely by technological innovation. Gone are the days when debt recovery was synonymous with endless paper trails and one-size-fits-all communication strategies. In this digital era, technology has not only refined our methods but has also enhanced the.
Troutman Sanders
NOVEMBER 30, 2023
On November 21, the U.S. Department of Justice (DOJ) unsealed its criminal indictment against Binance.com (Binance), the world’s largest cryptocurrency exchange, and its CEO, Changpeng “CZ” Zhao (CZ). The indictment against Binance contains three charges: (1) conspiracy to violate the Bank Secrecy Act (BSA) by failing to implement and maintain an effective anti-money laundering (AML) program; (2) conducting an unlicensed money services business; and (3) willful violation of the International Eme
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.
Collection Industry News
NOVEMBER 30, 2023
KNOXVILLE, Tennessee — The Federal Reserve Bank of New York has been tracking credit card debt since 1999. Credit card debt in the U.S. is at the highest level it’s been since then, with the total amount of debt in the third quarter of 2023 reaching around $1.08 trillion dollars. “It’s harder now than it has been, because interest rates are historically high just due to the economic climate that we’re in right now,” said Tim Young, a wealth advisor for the Tennessee
Troutman Sanders
NOVEMBER 30, 2023
Join Troutman Pepper Partner Chris Willis and Counsel Shannon Patterson as they discuss the top issues a company’s board of directors needs to consider regarding the use of artificial intelligence (AI) in its business. Shannon specializes in advising companies on board and management governance issues, particularly publicly traded companies, to ensure that boards are well-informed of their responsibilities.
Account Recovery
NOVEMBER 30, 2023
Filing a collection lawsuit without including all the proper documentation and then voluntarily dismissing the suit is not a violation of the Fair Debt Collection Practices Act, a District Court judge in Illinois has ruled, granting the defendant’s motion to dismiss.
Troutman Sanders
NOVEMBER 30, 2023
In this episode of Payments Pros, Keith Barnett and Carlin McCrory are joined by Pidgin’s Senior Vice President of Innovation Kevin Olsen to discuss faster payments and the FedNow service. Faster payments, such as real-time payments (RTP) and FedNow, are transactions completed in seconds, available 24/7, and restricted to U.S. financial institutions.
Speaker: Genevieve Hancock, CPA
Cash flow isn’t just about balancing numbers - it's about ensuring your organization is positioned for both immediate stability and long-term success. Understanding that cash flow management fuels every decision, every opportunity, and every growth phase is critical. But how can you shift from simply managing cash to strategically optimizing it for resilience?
Troutman Sanders
NOVEMBER 30, 2023
According to a recent report by WebRecon, court filings under the Fair Credit Reporting Act (FCRA) and Telephone Consumer Protection Act (TCPA) were down for the month of October, but filings under the Fair Debt Collection Practices Act (FDCPA) were up. Complaints filed with the Consumer Financial Protection Bureau (CFPB) were also up for the month.
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