Tue.Sep 14, 2021

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Student Loan Debt Spans Generations, and Many Aren’t Ready to Resume Payment

Nerd Wallet

The article Student Loan Debt Spans Generations, and Many Aren’t Ready to Resume Payment originally appeared on NerdWallet. Parent PLUS loan debt — currently exceeding $100 billion [2] — is one such example. Parent PLUS loans are. Erin El Issa writes for NerdWallet. Email: erin@nerdwallet.com.

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Fraud Protection for P2P Payments at Point of Sale

Fico Collections

As consumers flock back to stores , some may be surprised and delighted to learn that they can use popular person-to-person (P2P) payment apps like Venmo and PayPal at the cash register. As you can see, QR codes figure prominently into a growing category of payment methods. Of course, any payment method carries inherent fraud risk.

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Best Practices for Using Email to Collect Payments

PDC Flow

For decades, paper bills and telephone calls have been the standard when seeking payment from customers. Using email to collect payments is popular, simple to implement, and creates a quicker way for people to pay their bills. Using Email to Collect Payments. Using email to collect payments isn’t just helpful to your customers.

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Volusion vs. Shopify: Which Is Right for Your Business?

Nerd Wallet

Both services are similar in terms of ease of use and price, however Shopify offers more features, integrations and design options, while Volusion delivers cheaper payment processing. If you’re in the market for an e-commerce platform, two options you’ve likely encountered are Volusion and Shopify. Matthew Speiser writes for NerdWallet.

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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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CFPB Finds That Income Share Agreements Are Credit Products

Collection Industry News

A percentage of income exceeding that floor is paid to the ISA provider as an investment return—potentially subject to a cap on overall payments depending on the terms of the specific ISA at issue.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

The report also finds that agreements with alumni associations continued to make up the largest part of this market, as defined by the number of agreements, the number of accounts, and the amounts of payments made by issuers to their counterparties. For more information, click here. For more information, click here.

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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