Account Recovery

SEPTEMBER 22, 2022

To continue the effort to humanize each conversation, we recognized we … The post Halsted Financial Services Partners with Prodigal to Elevate Customer Experiences appeared first on AccountsRecovery.net. What else can tell us what borrowers experience, and how we can help them reach a resolution?

Financial services 246

Financial services 246

Account Recovery

OCTOBER 6, 2021

For all the talk about moving debt collection and paying bills into the 21st century by allowing consumers to communicate via text messaging and pay bills using apps like Venmo, a published report is touting the expanding presence of an old school brick-and-mortar building — the post office — as a financial services hub for … The (..)

Financial services 246

Financial services Collections 246

Account Recovery

SEPTEMBER 9, 2021

… The post Getting to Know Ken Rowen of CMRE Financial Services appeared first on AccountsRecovery.net.

Financial services 234

Financial services Accounts Receivables Management 234

Account Recovery

AUGUST 19, 2021

… The post Getting to Know Lee-Madeline Dowls of First Investors Financial Services appeared first on AccountsRecovery.net.

Financial services 246

Financial services Accounts Receivables Management 246

Account Recovery

FEBRUARY 22, 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.

Financial services 246

Financial services Collections 246

Account Recovery

OCTOBER 6, 2021

Appeals Court Upholds Ruling for Medical Provider in FDCPA False Name Case; USPS Rolling out New Financial Services appeared first on AccountsRecovery.net.

Financial services 245

Financial services Fair Debt Collection Judgment Collections 245

Account Recovery

OCTOBER 19, 2020

Bender has joined the firm as Senior Counsel in its Financial Services Regulatory & Compliance group in Washington, D.C. WASHINGTON, D.C., October 19, 2020 – Clark Hill PLC today announced Leslie C. appeared first on AccountsRecovery.net. appeared first on AccountsRecovery.net.

Financial services 173

Financial services Lawyers 173

Account Recovery

APRIL 26, 2023

The Department of Justice’s Civil Rights Division, the CFPB, the FTC, and the Equal Employment Opportunity Commission (EEOC) released a … The post Regulators Affirm Commitment to Policing AI in Financial Services first appeared on AccountsRecovery.net.

Financial services 130

Financial services Trade 130

Account Recovery

MARCH 13, 2023

Clark Hill announced today that Ari Derman has joined the firm as Senior Counsel in its Banking and Financial Services group. He will be based in Clark Hill’s Chicago office and also be a part of the Financial Services Regulatory and Compliance team.

Financial services 130

Financial services Banks 130

Account Recovery

JUNE 14, 2023

After going before the Senate Banking Committee yesterday, Rohit Chopra, the director of the Consumer Financial Protection Bureau will testify before the House Financial Services Committee, in what is sure to be a raucous hearing that will focus more on scoring points and trying to get the best soundbite than on anything substantive, especially if (..)

Financial services 130

Financial services Banks 130

Account Recovery

MAY 8, 2023

Conversational Voice AI Leader enables LTD Financial Services, L.P.’s LTD), a Texas-based collection … The post LTD Financial Services, L.P.; LTD), a Texas-based collection … The post LTD Financial Services, L.P.; The post LTD Financial Services, L.P.; Partners with Skit.ai

Financial services 130

Financial services Collections 130

Account Recovery

JUNE 20, 2024

These digital assistants are set to revolutionize customer service and internal operations within financial institutions. Artificial intelligence (AI) chatbots are transforming the banking sector, offering significant cost savings, improved efficiency, and enhanced customer satisfaction, according to a published report.

Financial services 130

Financial services Financial Institution Banks 130

Account Recovery

NOVEMBER 21, 2024

is emerging as the frontrunner to chair the House Financial Services Committee, a pivotal role that could significantly impact the debt collection industry’s regulatory landscape, thanks to indications he is the choice of House Majority Leader Rep. Andy Barr [R-Kent.] Steve Scalise [R-La.].

Financial services 130

Financial services Collections 130

Account Recovery

OCTOBER 5, 2023

Getting to Know Angelia Emanie of KLS Financial Services Judge Grants MTD in State Court Class-Action Over Lack of License Using Credit Reporting to Get Consumers to Repay Debts is ‘Deliberate Misuse’ of System: CFPB GC Mass. Regulator Fines Servicer $1.5M

Financial services 147

Financial services 147

Account Recovery

APRIL 26, 2023

House Committee to Mark Up Omnibus CFPB Reform Bill Today; Regulators Affirm Commitment to Policing AI in Financial Services first appeared on AccountsRecovery.net. House Committee to Mark Up Omnibus CFPB Reform Bill Today; Regulators Affirm Commitment to Policing AI in Financial Services appeared first on AccountsRecovery.net.

Financial services 130

Financial services 130

Consumer Finance

JUNE 7, 2023

The Consumer Financial Protection Bureau (CFPB) took action against medical debt collector Phoenix Financial Services (Phoenix) for numerous debt collection and credit reporting violations.

Financial services 110

Financial services Debt collector Collections 110

Account Recovery

AUGUST 17, 2021

Linda Lacewell, the Superintendent of the New York Department of Financial Services, has announced her resignation and will leave office on August 24, the same day as departing Gov. Andrew Cuomo.

Financial services 246

Financial services 246

Account Recovery

NOVEMBER 7, 2022

A copy of the order, issued against Full Circle Financial Services, can be accessed by clicking here. The Massachusetts Division of Banks has issued a cease and desist order to a debt collector that has been accused of operating in the state for more than six years without a license, in violation of state law. … The post Mass.

Debt collector 246

Debt collector Financial services Banks 246

Account Recovery

NOVEMBER 10, 2022

The New York Department of Financial Services yesterday announced proposed amendments to its cybersecurity regulation, including increasing the size threshold for companies that are exempt from following much of the regulation, while also requiring more risk and vulnerability assessments and investing in training and cybersecurity awareness programs, (..)

Financial services 246

Financial services 246

Account Recovery

APRIL 11, 2022

The New York Department of Financial Services has issued guidance “to address potential confusion” about how to comply with a new statute of limitations requirement that went into effect last week, lowering the period to three years while also disallowing a partial payment to restart the statute of limitations, and requiring additional (..)

Financial services 246

Financial services 246

Account Recovery

APRIL 14, 2022

Under the terms of the settlement, Monterey Financial Services will cancel nearly $700,000 of leases … The post Finance Company Settles with Mass. AG Over Illegal Collection Practices For Illegal Dog Leases appeared first on AccountsRecovery.net.

Collections 246

Collections Financial services 246

Consumer Finance

OCTOBER 21, 2024

The CFPB finalized a rule to give consumers greater rights, privacy, and security over their personal financial data by requiring providers to unlock personal financial data for free.

Financial services 145

Financial services Banks 145

Account Recovery

NOVEMBER 2, 2021

The New York Department of Financial Services has issued a series of amendments to its debt collection rules for third-party debt collectors and debt buyers that could change how consumers are communicated with, including the information that must be provided after an initial communication is made.

Third-party Debt Collectors 245

Third-party Debt Collectors Collections Debt collector Financial services 245

Account Recovery

AUGUST 10, 2021

A class-action lawsuit has been filed against Harley-Davidson Financial Services, accusing the lender of violating the Telephone Consumer Protection Act and the Illinois Consumer Fraud and Deceptive Business Practices Act because it allegedly contacted the plaintiff on her cell phone after she had revoked consent to be contacted.

Lender 246

Lender Financial services Collections 246

Account Recovery

DECEMBER 29, 2022

The New York Department of Financial Services yesterday issued its long-awaited debt collection rule amendments, which are scheduled to take effect in 180 days, in late June 2023.

Collections 245

Collections Financial services 245

Account Recovery

APRIL 20, 2021

The House Financial Services Committee will be marking up a series of bills today, including one that was introduced last week by Rep. Maxine Waters [D-Calif.], the chairwoman of the Committee, that includes eight different bills aimed at debt collectors. The committee will be marking up H.R.

Collections 240

Collections Debt collector Financial services 240

Account Recovery

FEBRUARY 22, 2024

Reilly of RTR Financial Services State Appeals Court Overturns Ruling in Favor of Debt Buyer on Grounds it Did Not Have Enough Proof it Bought Account in Question Collector to pay $1M Fine Under Settlement with Washington AG New Wave of AI Tech Making it Easier for Consumers to Complete […] Getting to Know Robert J.

Financial services 100

Financial services 100

Consumer Finance

AUGUST 11, 2024

The CFPB comment on the Department of Treasury’s Request for Information on Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector.

Financial services 86

Financial services 86

Account Recovery

FEBRUARY 14, 2022

Valentine’s Day, but it is also the last day to submit comments to the New York Department of Financial Services to let them know what you think of their proposed amendments to the state’s debt collection regulations. Today is not only St.

Collections 230

Collections Financial services 230

Account Recovery

DECEMBER 2, 2024

that aim to provide regulators with more transparency about how companies in the financial services industry are using artificial intelligence. The bills were introduced days before the House Financial Services Committee holds a hearing on “How Technology is Shaping the Future of Finance.”

Financial services 130

Financial services Credit Unions Credit Unions Creditworthiness 130

Account Recovery

JULY 20, 2021

Carmichael, who will report directly to Encore Chief Executive Ashish Masih, most recently was the head of enterprise and financial risk management at Discover Financial Services. Encore Capital Group yesterday announced that it has hired Steve Carmichael to be its Chief Risk and Compliance Officer.

Financial services 246

Financial services 246

Account Recovery

OCTOBER 14, 2020

Gregory will work both with the firm’s Consumer Financial Services Law Group, and with its Bankruptcy and Reorganization Practice Group. AUSTIN, TEXAS, UNITED STATES, October 13, 2020 — Gregory M. Friedman has joined Barron & Newburger as an attorney in the firm’s Austin office.

Bankruptcy 246

Bankruptcy Financial services 246

Account Recovery

JULY 12, 2022

Acknowledging that it takes more than lawyers and examiners these days to keep tabs on the financial services industry, the Consumer Financial Protection Bureau has announced an initiative where it plans to hire 25 technologists to join the agency, who will be tasked with supporting the CFPB’s efforts to uncover misconduct and unlawful activities. (..)

Lawyers 246

Lawyers Financial services 246

Account Recovery

MARCH 8, 2022

Sherrod Brown [D-Ohio], the chairman of the Senate Banking Committee, that would ban forced arbitration clauses in the financial services industry. A bill has been introduced in the Senate by Sen. A copy of the bill, S. 3755, called the Arbitration Fairness for Consumers Act, can be accessed by clicking here.

Financial services 246

Financial services Banks 246

Account Recovery

MARCH 29, 2022

The Consumer Financial Protection Bureau is planning to establish dedicated units aimed at detecting repeat offenses and corporate recidivism “to better hold them accountable” while also laying out a series of enforcement options that the regulator will consider when it finds financial services organizations committing the same types of (..)

Financial services 246

Financial services 246

Account Recovery

JUNE 8, 2022

But this year, Apple announced during its keynote address on Monday, that it is expanding its presence in the financial services … The post Apple Unveils BNPL Service appeared first on AccountsRecovery.net.

Financial services 244

Financial services 244