Wed.Jan 22, 2025

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Business Debt Negotiation: Key Differences from Consumer Debt

Enterprise Recovery

Understanding the differences between business and consumer debt collections can profoundly influence your approach to developing an effective recovery strategy. This knowledge allows you to tailor your methods to suit the specific type of debt you are dealing with, ensuring that you employ the most appropriate techniques and adhere to relevant regulations.

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Truecaller Rolls Out Major Update for iPhone, Enhancing Spam and Scam Blocking

Account Recovery

Truecaller, a leading global communications platform, has announced a significant update for iPhone users, bringing its full range of spam and scam blocking features to Apple’s mobile operating system. With the new update, Truecaller now offers real-time caller identification, bringing iPhone users in line with their Android counterparts for the first time.

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How to Optimize SaaS Revenue and Collections

The Kaplan Group

The relationship between revenue quality and collection efficiency has become increasingly critical for sustainable growth. A new analysis by The Kaplan Group of eight leading SaaS companies reveals significant variations in how companies balance high-value revenue streams with effective collection practices, offering insights into optimal strategies for financial success.

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Consumer Sentiment Declines as Economic Outlook Dims, But More Consumers Excited to Pay Down Debt

Account Recovery

Consumers are turning increasingly pessimistic about the state and future of the economy and are making adjustments, like pulling back on making big purchases. One silver lining for the credit and collection industry is that it appears consumers are going to be more focused on paying down their debt levels, according to data released yesterday by WalletHub.

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Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

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CFPB Finds More Vehicles Eligible for Repossession Than Pre-Pandemic

Consumer Finance

The CFPB published a report showing that the rate of auto repossessions at the end of 2022 surpassed pre-pandemic levels.

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Building Economic Resilience

Prosperity Now

Housing affordability isn't just an economic issueit also shapes families, communities, and long-term financial strength.

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Paying down debt is Americans’ top financial goal for 2025. Here are some tips that can help

Collection Industry News

When it comes tofinancial resolutionsfor 2025, theres one goal that often lands on the top of the list paying down debt, according to a new survey from Bankrate. Thats as a majority of Americans 89% say they have a main financial goal for 2025, the Novembersurveyof almost 2,500 adults found. Whilepaying down debtcame in as a top goal, with 21%, other items on Americans financial to-do lists include saving more for emergencies, with 12%; getting a higher paying job or additional source of inco

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Daily Digest – January 22. Assessing the Legacy of the Biden Administration on the Credit and Collection Industry; Consumer Sentiment Declines as Economic Outlook Dims, But More Consumers Excited to Pay Down Debt

Account Recovery

Assessing the Legacy of the Biden Administration on the Credit and Collection Industry Consumer Sentiment Declines as Economic Outlook Dims, But More Consumers Excited to Pay Down Debt Truecaller Rolls Out Major Update for iPhone, Enhancing Spam and Scam Blocking 22 Companies Seeking Collection Talent WORTH NOTING: Photos from the rare winter storm that blanketed the South with snow yesterday … Eating oatmeal may help you live longer, according to a new study … How Spotify shapes wha

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Assessing the Legacy of the Biden Administration on the Credit and Collection Industry

Account Recovery

A new era has begun in Washington, D.C., with the inauguration of President Trump, who replaced President Joe Biden. A new president and a new Congress provides a good opportunity to look back on the past four years and assess the legacy and impact of the Biden administration on the credit and collection industry. AccountsRecovery asked a number of industry professionals to share their thoughts on how the Biden administration impacted collections.

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The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.