Wed.Oct 06, 2021

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USPS Rolling Out New Financial Services; Bill Payment Option on the Menu

Account Recovery

For all the talk about moving debt collection and paying bills into the 21st century by allowing consumers to communicate via text messaging and pay bills using apps like Venmo, a published report is touting the expanding presence of an old school brick-and-mortar building — the post office — as a financial services hub for … The (..)

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3 Tips to Successful Debt Negotiation

Payment Savvy

If they have no prior relationship with the debtor, it can be nearly impossible to get payment from the debtor. Create a Debtor-Centric Payment Plan. Try offering payment plans centered around a debtor’s pay period to ensure a high likelihood of success. Send Payment Plan Confirmation. Listen to the Debtor. .”

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Authorize.net vs. PayPal: Which Is Right for Your Business?

Nerd Wallet

Authorize.net and PayPal are payment service providers, or PSPs, that help small businesses take payments in person and online. What to look for in a PSP Payment service providers. PayPal may be better for small businesses with an international customer base, but small businesses may prefer Authorize.net on price.

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The CARES Act, Consumer Bankruptcy, and Mortgage Servicing

Sawin & Shea

Though enacting the CARES Act helped, those dealing with hefty mortgage payments and considering bankruptcy, for example, weren’t entirely clear on their options. File a notice of payment change on the bankruptcy court claims register outlining the forbearance terms. Of the options above, there is no right or wrong choice.

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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.

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How Credit Scores Affect Mortgage Rates

Better Credit Blog

Missing payments can negatively impact your score, but making regular payments, at or above the minimum due for credit cards, positively impacts your score,” says Scott Hermann. A history of timely payments often matters the most.” CEO of Identity IQ.

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The CARES Act, Consumer Bankruptcy, and Mortgage Servicing

Sawin & Shea

Though enacting the CARES Act helped, those dealing with hefty mortgage payments and considering bankruptcy, for example, weren’t entirely clear on their options. File a notice of payment change on the bankruptcy court claims register outlining the forbearance terms. Of the options above, there is no right or wrong choice.

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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.

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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST