American Profit Recovery
AUGUST 5, 2024
American Profit Recovery is a great place to build a career. Since 2008 we have been ranked as one of the best places to work in collections. And that comes straight from our team members. For over a decade, we’ve gone through a time-consuming survey process that methodically ranks the best places to work in the collection industry. And it is well worth the effort.
Account Recovery
AUGUST 5, 2024
Judge Dismisses FDCPA Case Because Plaintiff Didn’t Dispute Debt JPMorgan Says it May Sue CFPB Over Zelle Investigation Bills Introduced in House, Senate to Amend EFTA and Boost Consumer Protections For Wire Transfers, P2P Platforms Floatbot.
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Account Recovery
AUGUST 5, 2024
Another favorable ruling for the industry in the area of disputes that aren’t actually disputes, and another notch in the belt of why recording calls is good for collection operations … A District Court judge in Oklahoma has granted a defendant’s motion to dismiss a Fair Debt Collection Practices Act case on the grounds that […]
Account Recovery
AUGUST 5, 2024
Floatbot’s mission is to redefine debt recovery and accounts receivables management with innovative GenAI-powered solutions. To bolster this commitment, we proudly announce our partnership with DAKCS. With over four decades of excellence in providing accounts receivable software solutions, DAKCS stands as a trusted leader in the industry. Debt collection involves major challenges for collections companies.
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
AUGUST 5, 2024
JPMorgan Chase, one of the banks that owns payments network Zelle, is considering litigation against the Consumer Financial Protection Bureau in response to an investigation the Bureau has been undertaking about transactions managed by the network. The bank revealed that it is considering litigation in a filing with the Securities and Exchange Commission.
Account Recovery
AUGUST 5, 2024
A bill backed by Rep. Maxine Waters [D-Calif.], the Ranking Member of the House Financial Services Committee, and Sen. Elizabeth Warren [D-Mass.], among others, is being introduced in Congress that aims to amend the Electronic Funds Transfer Act to protect consumers when making payments via wire transfers and apps like Venmo and Zelle.
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