Wed.Jul 03, 2024

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Appeals Court Rules Defendant Can Refuse to Pay Arbitration Fees

Account Recovery

The Court of Appeals for the Seventh Circuit issued a ruling this week on the topic of arbitration that at least one published report claims will allow defendants to effectively choose between court proceedings or arbitration hearings by doing nothing more than refusing to arbitration fees.

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How Much Are Debit Card Processing Fees

Payment Savvy

Understanding debit card processing fees is important for any business that takes card payments. These fees can add up, so knowing how much you’re being charged and how to reduce these costs can help you save money. What Are Debit Card Processing Fees? Debit card processing fees are charges that businesses must pay every time they accept a debit card payment.

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CFPB Supervisory Highlights Spotlight Issues with Debt Collectors

Account Recovery

You can say a lot of things about the Consumer Financial Protection Bureau, but one thing you can’t say is that they keep you in the dark about what they are thinking and the issues that matter to them.

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What Is Debit Card Processing & How Does It Work?

Payment Savvy

Debit cards have become an indispensable part of our financial lives, with the majority of American adults, spanning all demographics, now possessing at least one debit card. According to a 2022 study by Research and Markets on U.S. Consumer Payment Choice, an impressive 85% of adults in the United States use them as a payment method. As the preferred method for many, debit card transactions offer convenience, security, and immediate fund transfers, making them integral to modern commerce.

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Solve Your Firms Automation Complexities Once and For All

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.

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Report Calls Out AI Tool for Lying About Being Human

Account Recovery

There is a new term the describes artificial intelligence tools that pretend to be real people — human-washing.

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Daily Digest – July 3. CFPB Supervisory Highlights Spotlight Issues with Debt Collectors; Report Calls Out AI Tool for Lying About Being Human

Account Recovery

CFPB Supervisory Highlights Spotlight Issues with Debt Collectors Report Calls Out AI Tool for Lying About Being Human Appeals Court Rules Defendant Can Refuse to Pay Arbitration Fees 22 Companies Seeking Collection Talent WORTH NOTING: The social etiquette surrounding large groups splitting the check at a restaurant … Tips to keep dogs from freaking out […]

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How keeping medical debt off credit reports will help Americans

Roths Child Law

There’s no question that much of Americans’ overall debt is medical debt. It’s also the type of debt most likely to be sent to a third-party collector. Debt sent to collections goes on a person’s credit report. There, it drives down their credit score. In discussing the Biden administration’s efforts to get and keep medical debt off Americans’ credit reports, Vice President Kamala Harris recently noted, “Credit scores determine whether a person can buy a home, whether they can buy a car, rent an

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22 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.