Wed.Jan 26, 2022

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Creating a Secure High-Risk Merchant Account in 2022

Payment Savvy

Better yet, if you choose a payment provider offering cutting-edge tools and solutions, you can rest assured your high-risk merchant account is evolving to adopt the latest security technology as new threats appear. The first step to guarantee a secure high-risk merchant account is to review your current payment provider’s offerings.

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4 Reasons to Switch to Online Invoicing

Nerd Wallet

Many small-business owners are turning to online invoicing to speed up customer payments. For decades, businesses have relied on paper or PDF invoices to get paid, juggling manual processes and slow customer responses. Now, that’s starting to change. Whitney Vandiver writes for NerdWallet. Email: wvandiver@nerdwallet.com.

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President Biden’s Working Group on Financial Markets Issues Report on Stablecoins

Troutman Sanders

The prospect of rapid growth presents several key risks, including the potential for market destabilization; disruptions in payment systems; a concentration of economic power; and the need to protect consumers, preserve market integrity, and prevent illicit financial behavior. The Report covers each of these risk categories in detail.

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Businesses Are Transitioning Away from Checks to Digital Payments, Report Shows

NACM

Paper checks continue to be the most popular form of business-to-business (B2B) payment. However, more companies are looking to make the transition toward digital payments than ever before, according to a recent report from the Association for Financial Professionals (AFP).Fewer

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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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Debt Collection Tips for Working With Managing Agents in NYC

FFGN COLLECT NY

Although the agent contracted you to provide goods and/or services to the building, they are not ultimately responsible for payment, assuming the managing agent acted within the scope of their agreement with the building. A managing agent is a disclosed agent for the building.

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CFPB request for information on fees imposed by providers of consumer financial products

Public Citizen

The CFPB is seeking information about people’s experiences with fees associated with their bank, credit union, prepaid or credit card account, mortgage, loan, or payment transfers, including: Fees for things people believed were covered by the baseline price of a product or service. Unexpected fees for a product or service.

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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