Wed.Oct 09, 2024

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The Critical Role of Payment Options in Maximizing Collections

Account Recovery

If you go to a store or a website and they don’t have what you are looking for, do you settle for something similar or go somewhere else and get what you want? In a lot of cases, you’re not going to settle for what’s being offered to you. You’re going to go where they have exactly what you want. In a lot of ways, what is on your portal is the same experience.

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CFPB Takes Action Against Arbitration Platform Ejudicate for Deceiving Student Borrowers

Consumer Finance

The CFPB banned private dispute resolution platform Ejudicate from arbitrating disputes about consumer products after it misled borrowers about its neutrality and initiated sham arbitration proceedings.

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Daily Digest – October 9. Judge Grants MSJ For Defendant in FDCPA Case Over Debt Amount; Collection Manager Sentenced to 21 Months for Role in $2M Scam

Account Recovery

Judge Grants MSJ For Defendant in FDCPA Case Over Debt Amount Collection Manager Sentenced to 21 Months for Role in $2M Scam The Critical Role of Payment Options in Maximizing Collections 25 Companies Seeking Collection Talent WORTH NOTING: How much time and money you are losing by being stuck in traffic everyday … Human life expectancy has reached its maximum, according to new research … A lot of people think that Starbucks is not affordable, compared to other coffee chains …

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AI in credit management: Useful but limited? 

On Guard

The surge in popularity of ChatGPT in late 2022 has put AI in the spotlight for its potential to streamline work processes in every business, including the finance sector. How do organisations perceive and leverage AI to optimise their processes and what is the role of the finance professional in this landscape? This is what we attempted to explore in our latest research, entitled “ The future of credit management: AI and the role of the finance professional ”, deriving input from 30 interim pro

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4 Things Great Companies Do to Improve Cash Flow

Speaker: Don Gallianza, Credit Manager at Chevron Phillips Chemical and Indy Chakrabarti, Chief Marketing Officer at HighRadius

4 Case Studies to Optimize DSO 26 Days Sales Outstanding. Already better than most. But, should you improve on that? Why would 3 fewer days even matter? It matters because it fundamentally transforms business outcomes. Join this webinar to explore 4 things companies do to reclaim hard dollars - not just soft costs - and go from good to great! What You'll Learn 6 operational KPIs every AR manager should track: Define and track these metrics to enhance performance, drive efficiency, and make infor

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25 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant to be a service to aggregate industry job opportunities into one convenient location.

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Collection Manager Sentenced to 21 Months for Role in $2M Scam

Account Recovery

Erica Lounsberry, 37, of Niagara Falls, N.Y., has been sentenced to 21 months in prison for her involvement in a fraudulent debt collection scheme that bilked victims out of more than $2 million. The sentencing, handed down by District Court Judge Richard J. Arcara, marks another chapter in the ongoing crackdown of an illegal debt collection ring that has landed a handful of others in jail.