Thu.May 28, 2020

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re:ceeve Partners with Ferratum, Signaling a Shift to a New Standard in Collections

Re:Ceeve

How can a business continuously improve its collections processes and further grow? How can one implement fast, new solutions to clients? We answered these questions together with the team at ?Ferratum? - who we proudly have as our first large customer. re:ceeve and Ferratum Group. We were introduced to Ferratum through one of our business angels who was acquainted with their CEO. ?

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£4m Dubai Debt upheld by English Court

UK debt collections

An English Court has ordered an ex-Football Club boss to repay a Debt order issued by a Dubai Court. The Court ruling made in Dubai ordered David Haigh to re-pay millions of pounds in cash he was convicted of siphoning from an investment company in the UAE. David Haigh was convicted in 2015 by Courts in Dubai for a breach of trust. It was found that he embezzled almost £4m in funds from his previous employer GFH Capital Ltd.

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Reopening Offices Under Michigan COVID-19 Executive Orders

Fraser

Governor Whitmer’s various Executive Orders (“EOs”) have transitioned from shut-down to phased reopening. Those multiple EOs make the reopening process confusing. This article summarizes the requirements to permissible recall office workers for work outside of their own homes. However, the actual requirements are lengthy and all must be met by the employer.

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What To Do When A Good Customer Incurs Bad Debt

JMA

Don’t let a good business relationship turn sour because of debt — what do you have to do when the need arises? Customer Conundrum Every business has encountered this scenario in one way or another – that of having good customers with a proven track record with your company but is not able to pay. Read more » The post What To Do When A Good Customer Incurs Bad Debt appeared first on JMA Credit Control.

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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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Payday Loans Are Illegal in New York State

FFGN COLLECT NY

When money is tight, some seek out the last resort: a payday loan. These short-term, high-interest cash loans are offered in advance of a paycheck or some other form of cash injection. But the typically massive interest quickly adds up. Critics call these loans predatory and warn that borrowers can fall into even greater debt. That’s why New York made payday loans illegal.

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