Companies are moving quick to protect themselves from the Reg' E fallout as this is an ongoing problem on the top 10 list from the CFPB for their Spring 2014 list.
Jeremy Mapes was a guest speaker at the DBA conference on the subject of Regulation E requirements, which many agencies are currently out of spec's with the current requirements of the law. Dara Tarkowski explained the legal implications of not finding a Reg' E solution for recurring check debit and ACH transactions (up to an including criminal charges) while debt buyer executive Marian Sangalang talked of her company's decision to fix the Reg' E problem and her use of the E-Comply solution by Agent-Z, LLC. Jeremy Mapes moderated and highlighted the technical aspects of implementing a solution. Companies are moving quick to protect themselves from the Reg' E fallout as this is an ongoing problem on the top 10 list from the CFPB for their Spring 2014 list.
0 Comments
Leave a Reply. |
AuthorJeremy Mapes is the president and founder of Mapes LLC and Mapes Consulting, having worked for over twenty years in the ARM debt collection industry in various positions, from VP of Operations to Executive Director of IT for companies ranging from as little as thirty employees to multinational public corporations. Archives
November 2023
Categories
All
|