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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Election sheds light on each Parties plans to combat Late Payment

UK debt collections

With tomorrow’s election looming, promises have been made by Politicians on how they each plan to combat late payment. All the major political parties are making pledges to tackle late payments that hurt business growth in the UK. The Conservatives, Labour and Liberal Democrats have all made promises to tackle the late payments crisis harming businesses.

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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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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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How to Avoid Getting Ghosted: 3 Secrets to Staying Relevant with Gen Z

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. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

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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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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.

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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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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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