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NY Federal Court Blocks Retroactive Judgment Interest Law

A New York federal judge on April 28 temporarily enjoined three New York sheriffs from refusing to enforce judgment executions which seek to collect judgment interest “calculated with the interest rate in effect at the time the judgment was obtained.”

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Is your data a revenue generator or compliance hazard?

Your company is collecting more data than ever, but it matters how you organize it. Companies that manage data well can use it to generate revenue. Those that don't are just generating compliance risk. Which company is yours? ​Find out Wednesday, May 4 at 2pm ET at Data Matters: How to Build the Foundation of Your Data Stewardship, Standardization, & Security Programs, part 2 of a ​3-part webinar series​ from iA Strategy & Tech​​. For business leaders AND CTOs/CIOs. ​Register here.
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insideARM is grateful to our 2022 Strategic Supporters:

NCB Crown Asset Management Spring Oaks Capital TransUnion Provana

Compliance Advisor, Tonia Brown, Joins ARM Compliance Business Solutions, LLC.

BIRMINGHAM, Ala. -- ARM Compliance Business Solutions is excited to announce that Tonia Brown has joined the company as a Senior Compliance Advisor. In this role, Tonia will navigate ARM Compliance Business Solutions clients through the ever-changing regulatory compliance requirements of consumer financial laws by enhancing their Compliance Management System through policy development and implementation, training development, service provider oversight, audit controls, and risk assessments.

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CFPB Issues Annual FDCPA Report; FTC Issues Annual Letter on Debt Collection to CFPB

The CFPB has issued its annual Fair Debt Collection Practices Act report covering the CFPB’s debt collection activities in 2021.  The report incorporates information from the FTC’s most recent annual letter to the CFPB describing its 2021 activities in the debt collection market, including information about the FTC’s enforcement actions involving collection practices directed at small businesses.

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Concepts2Code and SMAX Technologies Partner to Provide Real-time Integrated Consumer Portals

BUFFALO, N.Y. -- Concepts2Code and SMAX Technologies are pleased to announce a partnership that allows Agencies to have a seamless and real-time integration between their Collection Software and their payment portal. The partnership enables both the consumer and the agent to have full visibility of account information including payments, documents, settlement offers and more. Online payments made on the Concepts2Code Web Portal are immediately available in the SCollect system and transactions in the SCollect system are immediately available for the consumer to view on the portal.

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Continuing Its Focus on Consumer Medical Debt, CFPB Issues April Report Spotlighting Medical Billing and Collection Issues

Medical debt continues to dominate the headlines in 2022 and continues to be an area of significant focus for the Consumer Financial Protection Bureau.

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RMAI Shares FinancialLiteracy.Rocks for Financial Literacy Month

SACRAMENTO, Calif. -- Receivables Management Association International (RMAI) is excited to provide a resource for financial success: FinancialLiteracy.Rocks.  RMAI is committed to protecting consumers and helping them reach their financial goals, manage debt, and create a stronger economy one financial decision at a time.  This website gathers helpful resources together for ease of access and discovery.  FinancialLiteracy.Rocks debuted in 2019 and is updated with new resources on an ongoing basis.

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Solve Your Staffing Shortage: How to Recruit, Hire, and Retain Your Best Employees

19 May 2022 at 02:00 p.m.

Recruiting, hiring, and retaining great employees has never been easy, but now, with the changes in the workforce as a result of the pandemic, it’s more challenging than ever. Organizations are recruiting in non-traditional ways, putting more effort into a thorough interview process, and trying really hard to retain their best employees. Plus, prospective employees are interviewing you the same way you’re interviewing them. So how can you solve your staffing shortage?

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