Top Creditor Collections Today Client Expectations Creditworthiness Content for Tue.Jun 22, 2021

Vanco Payment Solutions Review: Pricing, Features, Top Alternatives

Nerd Wallet

JUNE 22, 2021

Vanco Payment Solutions is a provider of merchant services for religious organizations, schools and nonprofits. If your business is a religious organization, school or nonprofit, Vanco should be a serious contender for your business’s payment processor. Matthew Speiser writes for NerdWallet. Email: mspeiser+wpguestuser@nerdwallet.com.

PayPal Here Review 2021: Is This Mobile POS Right for You?

Nerd Wallet

JUNE 22, 2021

If you rely on PayPal to process payment from customers, vendors or both, then you might be wondering what your PayPal credit card reader options are. The online invoicing that PayPal offers can be a lifesaver for companies that need to remotely access payment from customers. But for those moments that you find yourself face-to-face.

High-Risk Merchant Account and Credit Card Processing: What You Need to Know

Nerd Wallet

JUNE 22, 2021

A high-risk merchant account is a merchant account given to a business that the payment processor deems to be at greater risk of fraud and chargebacks. Payment processors make that determination based on factors such as the nature of the business, its financial history and its location. Matthew Speiser writes for NerdWallet.

TSYS Review 2021: Features, Pricing, Alternatives

Nerd Wallet

JUNE 22, 2021

TSYS is a top-to-bottom payment solutions provider whose products and services enable businesses of any size, and in any industry, to accept credit card payments in almost every conceivable way. It’s an excellent option for merchants who are seeking a one-stop shop for all their credit card processing needs.

10 Ways to Improve Payment Collections with Salesforce

For finance teams using Salesforce’s powerful CRM technology, automation can transform accounts receivable processes, driving efficiency and delivering measurable results like cost savings, reduced customer churn, and lower DSO.

Collections

10 Best Stripe Competitors for Small Businesses

Nerd Wallet

JUNE 22, 2021

If you’re exploring different payment processing solutions, particularly for accepting payments online, it’s likely you’ve come across Stripe.

New Bilt Mastercard: Earn Rewards on Rent, Minus the Pesky Processing Fees

Nerd Wallet

JUNE 22, 2021

But since credit cards aren’t always accepted as a method of paying rent — or you might be charged a processing fee for doing so — it’s not easy to earn rewards on those monthly payments. The new $0-annual-fee Bilt Mastercard. Erin Hurd writes for NerdWallet. Email: ehurd@nerdwallet.com.

Your Business Experienced a Ransomware Attack, and It Was Not Prepared – Now What?

Burr Forman

JUNE 22, 2021

As part of the insurance review look to see: Do you have coverage for a ransom payment, and if so, what conditions must be met for the ransom to be covered? Is the ransom payment part of the overall coverage limit or is it a separate coverage limit? Vendors / Customers. PAYING THE RANSOM.

Trade

Trade Government Collections

That’s a Brunner, Man. Supreme Court Declines to Revisit Overly Rigid Standard for Discharge of Student Loans in Bankruptcy

PBWT

JUNE 22, 2021

4] Under this approach, bankruptcy courts must analyze all the “facts and circumstances surrounding each particular bankruptcy case” to determine whether the debtor’s “reasonable future financial resources will sufficiently cover payment of the student loan debt-while still allowing for a minimal standard of living.”

Student loans

Student loans Student Loans Bankruptcy Loans

When It Comes to Collections Software, “Good Enough” Isn’t Good Enough

With delinquencies, and the number of consumers looking for payment assistance on the rise, it may be time to consider an efficient cloud-based software to support your team. Are you finding some snags in your collections process? Learn how MeridianLink® Collect has helped financial institutions like yours streamline collections processes.

Collections

Technology Adoption: Lessons Learned from the Pandemic

PDC Flow

JUNE 22, 2021

You can use digital solutions to streamline office processes, make payment collection more efficient and better serve consumers making payments. This is not only a good business practice to maintain client loyalty, it’s an excellent way to collect more payments. Take into account points along the way where paths might diverge.

Client Expectations

Client Expectations Retail Collections Financial services

Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

JUNE 22, 2021

Federal Activities: On June 18, the Federal Housing Administration (FHA) announced updates to its student loan monthly payment calculations to help provide greater access to affordable single-family FHA-insured mortgage financing for creditworthy individuals with student loan debt, which has a disproportionate impact on people of color.

Financial services

Financial services Student loans Student Loans Financial Institution