American Profit Recovery

OCTOBER 18, 2023

For any size business, maintaining healthy cash flow is essential for survival and growth. For many organizations, managing overdue invoices and recovering outstanding debts can be a challenging and time-consuming task. This is where Business-to-Business (B2B) collection agencies come into play. However, the relationship between a collection agency, its clients, and their customers can be delicate.

Collection Agencies 213

Collection Agencies Collections Agency Collections Manufacturing 213

Account Recovery

OCTOBER 18, 2023

If you knew a consumer spoke a language other than English, would you use technology that allows you to call that individual and play a message in that other language, in the sound of your voice?

147

147

Consumer Finance

OCTOBER 18, 2023

The Consumer Financial Protection Bureau (CFPB) proposed a rule that would accelerate a shift toward open banking, where consumers would have control over data about their financial lives and would gain new protections against companies misusing their data.

Banks 144

Banks Financial services 144

Account Recovery

OCTOBER 18, 2023

Judge Denies Summary Judgment Motions from Both Sides in FCRA, FDCPA Case Over ID Theft Debt CFPB Orders Remittance App Provider to Pay $3M for ‘Cheating’ Consumers AI Can Let You Make Calls in Languages You Don’t Speak 26 Companies Seeking Collection Talent WORTH NOTING: The world has a new hottest pepper, which is three […]

Judgment 147

Judgment Collections 147

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.

Qualco

OCTOBER 18, 2023

What is Business Process Automation Business Process Automation (BPA) has been on an upward trend, rapidly transitioning from a mere direction to an absolute business necessity. Designed to speed up recurring, manual, and complex tasks, BPA enhances efficiency and empowers organisations to seamlessly streamline processes, from employee onboarding to accounts payable, contract management, and beyond.

105

105

Qualco

OCTOBER 18, 2023

NPL Management: A 5-Step Roadmap to Strategic Success is the latest e-Guide to be published by Qualco UK. You can view it here. In today's regulatory environment, when it comes to collecting overdue accounts, the clear, overarching message is that the customer must be treated fairly and ethically. However, in a small number of credit businesses, the right strategies for systems and people have not been set.

Credit Management 100

Credit Management Creditors Government Collections 100

Account Recovery

OCTOBER 18, 2023

A District Court judge in Wisconsin has decided to let a jury decide whether a defendant satisfied its obligation to investigate an identity theft claim by sending a letter to the plaintiff asking for proof of residence — which the plaintiff claims never to have received — or whether it needed to do more when […]

Judgment 130

Judgment 130

Consumer Finance

OCTOBER 18, 2023

Director Chopra discussed the CFPB’s proposed rule to activate a dormant authority under a 2010 law to accelerate much-needed competition and decentralization in banking and consumer finance by making it easier to switch to a new provider.

Banks 74

Banks Financial services 74

Account Recovery

OCTOBER 18, 2023

The Consumer Financial Protection Bureau yesterday entered into a consent order with a fintech company that operates a remittance transfer app that will see the company pay $3 million in fines and refunds to customers after it was accused of forcing customers to waive their legal rights, failing to provide required disclosures, and failing to […]

Legal Rights 130

Legal Rights 130

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.

Banks

Sawin & Shea

OCTOBER 18, 2023

Everyone needs a break occasionally. But if you’re trying to decide if you should file for bankruptcy, going on vacation is more complicated. Here’s what you need to know. Vacation in Chapter 7 Bankruptcy You can take a vacation before filing for Chapter 7 bankruptcy if you’ve already paid for it, you weren’t experiencing financial difficulty at that time, and it’s non-refundable.

Chapter 13 bankruptcy 52

Chapter 13 bankruptcy Bankruptcy Chapter 7 bankruptcy Creditors 52

BN Lawyers

OCTOBER 18, 2023

Here’s the latest risk management guidance, published in July 2023, from B&N’s Attorneys Risk Management practice group. BN Tip of the Month- ABA Issues Formal Opinion 507 on Office Sharing with Other Lawyers-July 2023 The post Barron & Newburger’s Latest Risk Management Guidance appeared first on Barron & Newburger, P.C.

Lawyers 40

Lawyers 40

NACM

OCTOBER 18, 2023

In the ever-changing atmosphere of credit management, credit professionals must be adaptable. They must be prepared when changes happen within the department, company or industry. Credit professionals can adapt by earning a designation through NACM's Professional Certification Program. After earning each designation, trade creditors are not only bu.

Credit Management 5

Credit Management Education Trade Creditors 5