Sun.Aug 30, 2020

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How Data Analytics Can Help Your AR

Nexa Collect

In a data-driven business world, knowing how to use data analysis tools optimally and what the advantages of data models are will allow you to assess the efficiency of your Accounts Receivable department. Predictive analysis can help monitor and manage outstanding receivables, and post-collection data will identify the most effective payment recovery methods.

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Consumer Financial Protection Bureau Report Examines Early Impact of Pandemic on Consumer Credit

Consumer Finance

The Consumer Financial Protection Bureau issued a report examining the early effects of the COVID-19 pandemic on consumer credit.

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Women Are Affected More by Coronavirus

Credit Corp

This article appeared on The Female Economist and is republished here with permission. There’s no denying the fears that we all face right now—from changes in our personal lives to the economic downturn and the healthcare crisis. Data shows that 22 million Americans have now filed for unemployment and the virus has claimed the lives of thousands across the nation.

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Consumer Financial Protection Bureau Settles with Remittance Transfer Providers for Remittance Transfer Rule Violations

Consumer Finance

Today the Consumer Financial Protection Bureau (Bureau) entered into settlements with Trans-Fast Remittance LLC and Sigue Corporation and its subsidiaries, SGS Corporation and GroupEx Corporation.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

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.

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Domesticating Out-of-State Default Judgments in New York

FFGN COLLECT NY

As New York debt collection attorneys , other attorneys and creditors often retain us when domesticating out-of-state judgments in New York. New York draws a large distinction between out-of-state judgments obtained on the merits and those obtained on default. The court does not ask why the creditor seeks domestication in New York. In most cases, it’s because the judgment debtor maintains assets within New York.