UK debt collections

APRIL 27, 2022

UK Companies are struggling with their B2B Debt Collection according to recent research. Over sixty one per cent of Businesses have failed to recover debts owed to them for a wide range of issues including outdated customer data and email addresses. The research conducted by Debt register has revealed that reduced business cash flow has highlighted the incompetency’s of staff to accurately maintain and manage customer data.

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JMA

APRIL 27, 2022

As a debt collection agency servicing Australian businesses nation-wide, we’ve seen all kinds of situations involving debts. Whether it’s businesses trying to chase up unpaid invoices or customers trying to dodge payments, we’ve seen it all. Usually, we use our experience to provide advice on how you can recover debts or how to avoid them, Read more » The post Here’s 5 Reasons Why You Should Pay Your Debts Sooner Rather Than Later appeared first on JMA Credit Control.

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Collection Agencies Collections Agency Collections 52

Account Recovery

APRIL 29, 2022

If the COVID-19 pandemic showed us all that working from home is not just something for day traders and writers, then the end of the pandemic is teaching us another lesson as well — a lesson about the importance of job flexibility and transparency, the panelists on this week’s Talk-Off discussed. Discussing the results of … The post Talk-Off Participants Share Perspective About Hybrid Work Trend appeared first on AccountsRecovery.net.

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Enterprise Recovery

APRIL 29, 2022

There are numerous red flags that could signal a late payment from your clients. Red flags, however, could be easily ignored. Green flags, on the other hand, provide a sense of safety and trust. The more green flags, the more you know that your business is working with the right clients - those who respect your time and value your partnership - and that you're doing A/R right.

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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.

Nexa Collect

APRIL 27, 2022

We all agree that healthcare costs in the USA are extremely high. Most doctors (and dentists) who do private practice, struggle to cope with never-ending government regulations and mandates, a constant fear of frivolous lawsuits, dealing with insurance companies, and loss due to unpaid patient bills. The medical profession is among the most stressful careers out there.

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Account Recovery

APRIL 29, 2022

Those using Google to help them find contact information for people, whether skiptracing accounts or just looking to get in touch with someone, may start finding it harder to get what you are looking for, because the search engine giant is going to start allowing individuals to request to have their contact information removed from … The post Google to Start Wiping Contact Info From Search Results at Consumers’ Request appeared first on AccountsRecovery.net.

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Troutman Sanders

APRIL 26, 2022

On April 25, the Consumer Financial Protection Bureau (CFPB or Bureau) announced that it would begin invoking a provision in Dodd-Frank, previously used only infrequently, to conduct supervisory examinations over a greater number of nonbank financial companies that may “pose risks to consumers.”. Under Dodd-Frank, the CFPB has authority to examine three categories of nonbank entities: Nonbank entities that offer or originate mortgages, private student loans, and payday loans, regardless of the n

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Student loans Student Loans Loans Government 105

Nerd Wallet

APRIL 28, 2022

Zelle is a peer-to-peer payment network used by more than 1,000 banking apps. Like other P2P services, Zelle makes it convenient to send money to friends and family using their email address or phone number. But as convenient as it can be for you, it’s also that convenient for scammers who want your money. Recently, Ruth Sarreal writes for NerdWallet.

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Banks 102

Consumer Finance

APRIL 28, 2022

Today, the Consumer Financial Protection Bureau (CFPB) filed a proposed order to resolve its allegations that Performance SLC, a student loan debt relief business, and Performance Settlement, a general debt-settlement company, along with their owner and CEO, Daniel Crenshaw, engaged in wrongful fee-charging practices and deceptive telemarketing.

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Student loans Student Loans Debt settlement Loans 99

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

Account Recovery

APRIL 27, 2022

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 … The post 23 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

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Accounts Receivables Management Collections 246

Fico Collections

APRIL 28, 2022

Buy Now, Pay Later (BNPL) plans allow shoppers to make purchases and pay for them in installments over a defined period. According to the research from Cornerstone Advisors , these point-of-sale short-term installment loans with low credit amounts have been increasing in popularity during recent years for retail purchases like clothing, household goods, electronics, and more.

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Loans Consumer Credit Credit Bureau Student Loans 98

Nerd Wallet

APRIL 27, 2022

When I originally pitched the idea for this article, it was titled, “What $100 oil could mean for your summer travel.” Back then, $100 oil seemed like a distant possibility. Then prices spiked to over $120 before settling back down to a mere $100. By the time you read this … who knows. The point. Sam Kemmis writes for NerdWallet. Email: skemmis@nerdwallet.com.

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PBWT

APRIL 28, 2022

The U.S. Bankruptcy Court in Manhattan recently reminded us why Delaware choice-of-law provisions are so popular in limited partnership and other agreements. In an adversary proceeding, Judge David S. Jones held that proposed fiduciary claims were futile because of the relevant partnership agreement’s (the “Agreement”) exculpatory clause.

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Collection Agencies

Account Recovery

APRIL 28, 2022

GETTING TO KNOW DANIEL ESTES OF R3 DYNAMICS If you needed proof that Daniel Estes will always go above and beyond, imagine doing 300 more burpees in a month than you were supposed to do and you’ll know all you need to about what he can accomplish when he puts his mind to something. But … The post Daily Digest – April 28. Getting to Know Daniel Estes of R3 Dynamics; Reg F Lawsuit Over Email Opt Out appeared first on AccountsRecovery.net.

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UK debt collections

APRIL 29, 2022

G rand Slam champion and well known Tennis ace Boris Becker is facing a possible lengthy prison sentence for insolvency breaches today. He is accused of hiding hundreds of thousands of pounds of assets. He was previously declared bankrupt in 2017 and as part of his bankruptcy supposed to declare all assets. The three time Wimbledon winner ran aground financially in 2017 after his £38 million tennis earnings were absorbed up by an expensive divorce, child maintenance and a lavish luxury lifestyle

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Bankruptcy Banks Loans Collections 59

Nerd Wallet

APRIL 25, 2022

A smart thermostat can turn up the heat in your home before you roll out of bed. A smart speaker can play your favorite podcasts with a voice command. A smart lightbulb can be turned on or off from across the room. But smart-home devices aren’t just about convenience. Because some of them can help. Sarah Schlichter writes for NerdWallet. Email: sschlichter@nerdwallet.com.

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Home Insurance 98

Fraser

APRIL 29, 2022

As you know, both the Affordable Care Act from 2010 (ACA) and the Consolidated Appropriations Act of 2020 (CAA, 2021) contain various transparency rules and requirements upon group health plans. Some of the rules are similar; others vary and have different effective dates. Thankfully, the Departments of Labor, Treasury, and Health and Human Services (collectively, the Departments) issued FAQ Part 49 to reconcile some of these issues.

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Lawyers Manufacturing Collections 52

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Account Recovery

APRIL 27, 2022

A battle between a failed partnership between a creditor and a collection agency has spilled over into the Court of Appeals for the Eleventh Circuit, with a panel of judges yesterday affirming a lower court’s decision not to award the creditor attorney’s fees after it accused the agency of breaching the terms of their agreement … The post Appeals Court Denies Creditor’s Bid for Attorney Fees in Spat with Former Collection Agency Partner appeared first on AccountsRecovery.

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Collection Agencies Collections Agency Collections Creditors 246

Fico Collections

APRIL 29, 2022

There’s a lot going on in the retail payments space – defined as transactions between two consumers, between consumers and businesses, or between two businesses. With any change, fraud comes hand-in-hand. Some of the changes are related to new digital payments methods like P2P apps, tap-to-pay, and cryptocurrency, which are all growing options in retail environments.

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Nerd Wallet

APRIL 28, 2022

So much of our sensitive personal data is being tracked and sold that trying to protect our privacy can seem like a pointless exercise. We can disable the location tracking on phone apps only to find new apps stalking us the next time we check. We can turn off personalized advertising and still get bombarded. Liz Weston, CFP® writes for NerdWallet. Email: lweston@nerdwallet.com.

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Troutman Sanders

APRIL 28, 2022

On March 15, Congress passed the Cyber Incident Reporting for Critical Infrastructure Act (Act). Many outlets reporting on the Act focused on its 72-hour breach notification requirement. But such reports created uncertainty over the Act’s application and requirements, as well as the steps an organization should take in response to the Act. To help resolve this uncertainty, we’ve distilled the Act into four main parts: (1) to whom it applies; (2) what it requires; (3) what is left unresolved; and

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Speaker: Genevieve Hancock, CPA

Cash flow isn’t just about balancing numbers - it's about ensuring your organization is positioned for both immediate stability and long-term success. Understanding that cash flow management fuels every decision, every opportunity, and every growth phase is critical. But how can you shift from simply managing cash to strategically optimizing it for resilience?

Financial services

Account Recovery

APRIL 28, 2022

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms. … The post Getting to Know Daniel Estes of

Accounts Receivables Management 246

Accounts Receivables Management 246

Fico Collections

APRIL 27, 2022

The FICO Credit Market Report for February 2022 shows UK card trends following typical post-seasonal spend and repayment patterns. It’s as yet unclear whether pandemic savings are masking the early impact of the cost of living hike. Highlights . Average card spend climbs by over 5 percent compared to January and nearly 30 percent compared to February 2021.

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Lender Collections 52

Nerd Wallet

APRIL 28, 2022

Financial advice can feel conflicting. Someone may have told you bonds are a good way to balance your financial portfolio and weather stock market volatility. Some headlines might have warned you away from bonds during periods of inflation. The truth is a bit more complicated. Bonds still offer consistent long-term returns and can be an. Alieza Durana writes for NerdWallet.

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Troutman Sanders

APRIL 28, 2022

On March 31, Idaho Governor Brad Little signed HB 583, the Digital Asset Act. The bill amends Title 28 of the Idaho Code, which governs commercial transactions generally, to include a new chapter dedicated to regulation of digital assets. The bill goes into effect on July 1. Idaho’s bill is multifaceted: (1) It distinguishes digital securities and virtual currencies, the latter of which do not constitute securities under Idaho law; (2) It defines “control,” or custody of digital assets, to encom

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Collateral Loans Creditors Government 52

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