Nerd Wallet
AUGUST 4, 2022
The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. In some ways, feeling “rich” is less about how many zeroes you have in your bank account and more. Kimberly Palmer writes for NerdWallet.
Troutman Sanders
AUGUST 2, 2022
An amendment to the National Defense Authorization Act passed by the House in July would create a “systemically important entity” designation, applying new regulations and offering priority aid to certain critical infrastructure companies. But the American Bankers Association and Bank Policy Institute say the amendment as applied to financial institutions would duplicate existing regulations under the Dodd-Frank Act, while also requiring the turnover of a substantial amount of cybersecurity-rela
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Account Recovery
AUGUST 5, 2022
Goldman Sachs, which launched a credit card business in partnership with Apple, announced yesterday that it is being investigated by the Consumer Financial Protection Bureau for how it handles customer refunds and billing disputes, and how it furnishes information to the credit bureaus. Goldman, which is making a big push into the credit card lending … The post Goldman Discloses CFPB Looking Into its Credit Card Operation appeared first on AccountsRecovery.net.
Enterprise Recovery
AUGUST 5, 2022
Being a leader in a tough economy means staying positive, no matter what. Inspiration can be hard to come by, but it's necessary to motivate those around you. Allow these quotes to encourage you to push past the tough times and create a wave of possibility. Here are 10 of the Best B2B Leadership Quotes to keep you motivated.
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.
Nerd Wallet
AUGUST 2, 2022
The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. The Ethereum merge is the moment when the network switches from using a proof-of-work consensus mechanism to proof-of-stake.
Creditor Collections Today brings together the best content for creditors and collection professionals from the widest variety of industry thought leaders.
Account Recovery
AUGUST 3, 2022
It is rare to get all 50 state attorneys general to agree on anything, so the fact that they are all coming together to create a task force aimed at investigating and taking legal action against telecommunication companies responsible for robocalls should be all the context you need to understand just how fed up people … The post AGs Come Together to Create Anti-Robocall Task Force appeared first on AccountsRecovery.net.
Troutman Sanders
AUGUST 5, 2022
Escalating efforts to crack down on illegal robocalls, state attorneys general announced on August 2 that they have established a nationwide Anti-Robocall Litigation Task Force. The task force comprises attorneys general from all 50 states and will investigate and prosecute companies suspected of allowing or using illegal robocalls from foreign entities.
Nerd Wallet
AUGUST 1, 2022
Small businesses still adapting to the pandemic and labor shortages face yet another economic hurdle. Inflation is the top concern for 44% of small-business owners, according to a 2022 MetLife and U.S. Chamber of Commerce Small Business Index. It could also be a contributing factor to their decreasing morale. The Small Business Optimism Index, measured.
UK debt collections
AUGUST 3, 2022
The latest survey and research undertaken the the Federation of Small Businesses shows late payment is worse than ever. A survey of 1,300 Small Businesses and sole traders showed that half of SME’s are dealing with late payment for the quarter April to June 2022. Of the businesses surveyed, 1 in 5 said the issue of small business late payment is worsening due to chaotic economic conditions.
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.
Account Recovery
AUGUST 4, 2022
GETTING TO KNOW MARK REINHARD OF CONCEPTS2CODE My kids loved the movie, “Robots.” While the movie is about chasing your dreams, no matter how big or far away they might be, there is a line from that movie that I will always remember — “See a need, fill a need.” In the accounts receivable management … The post Daily Digest – August 4. Getting to Know Mark Reinhard of Concepts2Code; Appeals Court Denies En Banc Request in TCPA Case appeared first on AccountsRecovery.net.
Troutman Sanders
AUGUST 5, 2022
On August 4, Consumer Financial Protection Bureau (CFPB or Bureau) Director Rohit Chopra spoke at the Philadelphia Federal Reserve Bank’s Sixth Annual Fintech Conference , arguing that enforcement actions rather than financial literacy efforts were necessary to prevent consumer abuse. Chopra said that while there is value in educating consumers to spot risks and find trustworthy advice, financial products are inherently challenging to understand.
Nerd Wallet
AUGUST 4, 2022
Equifax, one of the three major credit bureaus, announced that a computer coding error resulted in the miscalculation of credit scores for consumers in a three-week period between March 17 and April 6. For 300,000 consumers, the error shifted credit scores as much as 25 points. The changes to credit scores did not show up. Amanda Barroso writes for NerdWallet.
TCPA
AUGUST 5, 2022
The District of Connecticut recently dismissed a TCPA action against the Subway Franchisee Advertising Fund Trust (“Subway”) because plaintiff failed to allege that Subway used an ATDS to send text messages to her cell phone. Soliman v.
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Account Recovery
AUGUST 5, 2022
A District Court judge in Washington has partially granted a plaintiff’s motion for summary judgment, ruling that the defendant’s attempts to collect an unpaid apartment debt that was inflated because the creditor determined that the plaintiff had forfeited her security deposit violated certain provisions of the Fair Debt Collection Practices Act.
Price Meese
AUGUST 5, 2022
Rules of the Road: Siting of Small Wireless Facilities in the Public Rights-of-Way. Two recently decided cases shed light on FCC regulations and provide a summary of the new rules of the road in this area of law. By Gregory D. Meese and Edward W. Purcell. Ever since the erection of the first cell towers in the 1980s, the public has asked the wireless industry why antennas could not be placed on utility poles, rather than the taller, more obtrusive monopoles.
Nerd Wallet
AUGUST 1, 2022
The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. In the first half of 2022, the price of every major cryptocurrency dropped. Now, a handful of crypto-related companies.
UK debt collections
AUGUST 5, 2022
Businesses are being urged to take action to collect unpaid invoices as a new UK recession in on the horizon. The latest setback fro the UK economy has been touted as the “final straw” for thousands of small businesses across the country. Rises in the late payment of invoices is stirring up a potential t idal wave of Small Business insolvencies.
Speaker: Erika R. Bales, Esq.
When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.
Account Recovery
AUGUST 3, 2022
JUDGE DISMISSES CASE CLAIMING REG F VIOLATION FOR LACK OF STANDING In a case involving a claim that a defendant violated one of the provisions of Regulation F, a District Court judge in New York has dismissed a Fair Debt Collection Practices Act case, ruling the plaintiff lacked standing to sue after receiving a letter … The post Daily Digest – August 3.
Troutman Sanders
AUGUST 4, 2022
Eight national banking trade groups — the American Bankers Association, Consumer Bankers Association, Credit Union National Association, Housing Policy Council, Independent Community Bankers of America, National Association of Federally-Insured Credit Unions, National Bankers Association, and The Clearing House Association — petitioned the Consumer Financial Protection Bureau (CFPB) to extend its supervision to “data aggregators.
Nerd Wallet
AUGUST 1, 2022
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode we take on money questions from two kids, Ellington and Langston, who want to know where money comes from, where it goes after you spend it and how to decide how much you need to save. Check out this. Andy Rosen writes for NerdWallet. Email: arosen@nerdwallet.com.
NCBA Law Practice Management Blog
AUGUST 4, 2022
Especially in the current job market, it’s important not to overextend yourself in hiring for new attorneys or staffpersons. But, since lawyers aren’t very good with math or data, hiring often becomes a real ad hoc adventure. Most attorneys hire like they do everything else = they guess about what they can afford, and what they can take on. That, however, can be dangerous, when it comes to hiring, because law firms can overpay (and waste money) or underpay (and risk losing a candidate , or good
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?
Account Recovery
AUGUST 4, 2022
In an interview last week, Rohit Chopra, the Director of the Consumer Financial Protection Bureau, pondered whether assessing fines is enough to deter illegal behavior in the financial services industry, saying that the Bureau will “continue to seek new remedies” to ensure companies meet their responsibilities and obligations. Chopra has been on the interview circuit … The post Fines Might Not be Enough: CFPB’s Chopra appeared first on AccountsRecovery.net.
Troutman Sanders
AUGUST 4, 2022
Please join Consumer Financial Services Partner Chris Willis and his guest and fellow Partner Tony Kaye for this latest podcast episode as they discuss the Military Lending Act and the Servicemembers Civil Relief Act, including the differences between the two, their state analogues, and several key issues in the consumer finance industry surrounding servicemembers.
Nerd Wallet
AUGUST 2, 2022
August mortgage rates forecast Mortgage rates will likely rise in August as the Federal Reserve continues to yank interest rates higher. The Fed’s chairman, Jerome Powell, has repeatedly said that the central bank’s “overarching focus” right now is to slow inflation. The Fed applies the brakes on inflation by raising short-term interest rates. When the.
Fico Collections
AUGUST 3, 2022
Home. Blog. FICO. Fraud Ideas from FICO World 2022 – and Excitement for 2023! FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. FICO. Tue, 07/02/2019 - 02:45. by TJ Horan. expand_less Back To Top. Wed, 08/03/2022 - 12:40. It’s summer, and for most of San Diego, this year that means visiting “Top Gun” film locations or heading to one of our city’s amazing beaches.
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