On Guard

DECEMBER 6, 2021

2 Research the payment behaviour of your customers . Another important aspect in this phase is the payment behaviour. And how can you translate these insights to your payment process as part of the total customer journey? In parallel, you can also choose to experiment with a longer payment term.

Acquisition 52

Acquisition Credit Management Collections 52

Better Credit Blog

DECEMBER 6, 2021

The first issue, which we explored here , is getting your credit score to a place where you can qualify for an affordable mortgage payment, and from there the second biggest issue often is having enough money on hand for a down-payment, which can be tricky for some people, even when they have steady employment.

Lender 63

Lender Loans Government Credit Unions 63

On Guard

DECEMBER 6, 2021

Meanwhile 25% also highlighted the greater ease with which international and corporate payments could be made. In our research, 28% of respondents flagged enhanced data security as a key benefit. The journey to blockchain adoption isn’t yet free of hurdles. This saw a decrease from 40% in 2018 to 35% this year.

52

52

The Kaplan Group

DECEMBER 6, 2021

As we close out our books for 2021 and look at the amount of unpaid debt, here are three strategies to think about before you take a considerable loss or sue a client for non-payment. Voluntary Payment Plan – Another option to consider is a voluntary payment plan. There is no assurance the debtor will make all the payments.

Debtor 52

Debtor Judgment Lawyers Creditors 52

Advertisement

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

Troutman Sanders

DECEMBER 6, 2021

In January 2021, the Taskforce released a two-volume report of its recommendations, some of which included: Authorizing the CFPB to issue licenses to nondepository institutions that provide lending, money transmission, and payments services; Considering the benefits and costs of preempting state law where conflicts can impede the provision of products (..)

Financial services 52

Financial services 52

Advertisement

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

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

Banks