Account Recovery
MARCH 7, 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.
UK debt collections
MARCH 7, 2024
Small Business Late Payment and the cost of such has more than doubled in the past two years, reaching £1.6 billion at the end of 2023, according to a report by Xero. The latest quarterly data shows small firms were paid, on average, 6.1 days late during the last three months of 2023. This figure shows no signs of improving, with the average payment still received over a working week beyond the agreed terms.
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Account Recovery
MARCH 7, 2024
Getting to Know Amanda Gazos of Bayview Solutions Judge Grants MSJ for Defendant in FDCPA Case Over Non-Removal of Dispute Flag Nigerian Tech-Focused Collection Platform Raises $3M to Help Expand Delinquency Rates Keep Rising, Close to Pre-Pandemic Levels WORTH NOTING: Here is the best way to organize your fridge … Have you heard of oil […]
Consumer Finance
MARCH 7, 2024
A letter written by Director Rohit Chopra to the Appraisal Subcommittee.
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
MARCH 7, 2024
More consumers continue to fall behind on their debt payments and are likely going to be in that situation for a while because of the amount of debt they are carrying from month-to-month, according to data released last week by VantageScore.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
MARCH 7, 2024
A District Court judge in Michigan has granted a defendant’s motion for summary judgment in a Fair Debt Collection Practices Act case, ruling the plaintiff lacked standing to sue because he did not suffer a concrete injury.
Troutman Sanders
MARCH 7, 2024
In this episode of Payments Pros, co-hosts Keith Barnett and Carlin McCrory discuss the Consumer Financial Protection Bureau’s (CFPB) latest proposed rule. This rule aims to prohibit covered financial institutions from charging consumers nonsufficient funds (NSF) fees on transactions that are declined instantaneously or near instantaneously. The CFPB believes this rule will benefit consumers who would otherwise incur NSF fees, potentially leading their accounts to drop to zero or below zero.
Account Recovery
MARCH 7, 2024
Even in places like Nigeria, artificial intelligence-driven tools and building robust self-service portals to allow consumers to pay debts, set up payment plans, and more are being used in debt collection.
Troutman Sanders
MARCH 7, 2024
In this episode of The Consumer Finance Podcast , Chris Willis is joined by Partners Sheri Adler and Mary Weeks to discuss the recent uptick in SEC enforcement activity related to whistleblowers. They focus on the implications for financial institutions and other companies, particularly those targeted by the SEC for documents potentially restricting whistleblowers from reporting violations of securities laws.
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.
Taurus Collect
MARCH 7, 2024
If you are having any issues with getting customer to pay on time, check out these 5 sure-fire ways to help you get paid quickly.
Jimerson Firm
MARCH 7, 2024
The Bert Harris Act was enacted in 1995 by the Florida Legislature in response to concerns that governmental regulations and actions could unfairly diminish the value of private property without providing just compensation to the property owners. See Section 70.001, Florida Statutes. The Act addresses situations that may not rise to the level of a “Taking” under the Florida Constitution or the U.S.
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