Account Recovery

MARCH 4, 2022

PRA Group reported this week that it made $34 million during the fourth quarter of 2021, up from $30 million in the same period a year earlier, while profits for all of 2021 were up to $183 million, from $149 million in 2020. Overall revenue at the company in the fourth quarter was $257 million, … The post Profits Up at PRA Group, Thanks to Improvements in Digital Collections, Internal Legal Capacity appeared first on AccountsRecovery.net.

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Collections 246

American Profit Recovery

MARCH 4, 2022

Did you ever wonder why your customers are not paying you on time? It’s one of the more frustrating aspects of running any size business. Customers contact your business, you provide the service that you promised and then in some cases, you’re left to chase that customer for the money they owe you. And because you have other customers to serve, and a whole host of other obligations to run your business adequately, you and your staff now must expend time and other resources to get tha

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Collection Agencies Collections Agency Collections 220

Enterprise Recovery

MARCH 4, 2022

Unfortunately, many of us learn from hard lessons about money in adulthood. When you run a business, there are more hard lessons to learn, often at a high cost to your success. Certain expectations can actually be harmful to your business's cash flow. Take a look at these assumptions to see if you need to re-examine your thoughts around money and your business.

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Collections 188

American Profit Recovery

MARCH 4, 2022

National Consumer Protection Week in 2022 is March 6-12 and is meant to educate everyone about how to improve finances, avoid scams and fraud as well as educate consumers about their rights. This is a program established by the Federal Trade Commission and one that we fully embrace. Everyone here at American Profit Recovery understands that as a collection agency we need to be as transparent as possible.

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Debt collector Collection Agencies Collections Agency Education 207

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.

Nerd Wallet

MARCH 4, 2022

Payment terms are the conditions of a sale. They’re usually associated with invoice payments, and specify how and when clients provide payment for goods or services. Terms include when payment is expected, accepted payment methods and any discounts for early payment and/or late fees. They help confirm expectations for clients and business owners alike, ensuring.

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Nerd Wallet

MARCH 4, 2022

Rental car insurance is one of the most underrated perks among many travel credit cards. Most of the best travel credit cards from the major credit card networks, including Visa, Mastercard and American Express, offer rental car coverage as a benefit for booking with that card. Some even provide primary coverage, which pays out before. Sally French writes for NerdWallet.

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Public Citizen

MARCH 4, 2022

FTC Takes Action Against Company Formerly Known as Weight Watchers for Illegally Collecting Kids’ Sensitive Health Data. and. FTC Kicks Off National Consumer Protection Week this Sunday.

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Nerd Wallet

MARCH 4, 2022

NCR Silver Pro is a cloud-based point-of-sale system that runs on an iPad or Android tablet. It’s a product of the NCR Corporation, formerly known as the National Cash Register Company, the oldest cash-register manufacturer. But despite the company’s longtime industry status, its POS options NCR Silver Pro and Aloha POS are less comprehensive than newer.

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Manufacturing 70

CICM

MARCH 4, 2022

(January, 2022) A new set of Professional Standards that defines the unique skills and contribution that credit professionals deliver in protecting and growing business and the economy has been launched by the Chartered Institute of Credit Management (CICM), the largest recognised professional body in the world for the credit management community.

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Credit Management Debt Management Consumer Credit Collections 40

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Collections

Nerd Wallet

MARCH 4, 2022

Citi cardholders have long been able to convert their hard-earned points into cash at a rate of 0.5 cent per point. However, Citi recently improved its ThankYou points program and now, eligible Citi cardholders can convert Citi ThankYou points to cash at a rate of 1 cent per point. This improvement effectively doubles the baseline. JT Genter writes for NerdWallet.

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On Guard

MARCH 4, 2022

The role of the CFO has changed. In recent years, as technology has evolved, so too has the role and day-to-day activities of individuals working within finance. Nowadays, financial processes within businesses are using automation technology, and this is on the rise. Research data from the 2021 edition of Visma | Onguard’s Fintech Barometer discovered a significant uptake in robotic process automation (RPA) among financial organisations, with 61% of organisations now either using this technology

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Credit Management Collections 52

Nerd Wallet

MARCH 4, 2022

Community colleges typically grant associate degrees, which are two-year programs. But community colleges in many states are increasingly offering bachelor’s degrees, which are usually four-year programs. Until the last two decades, the only academic credentials you could earn from a community college were an associate degree or certificate, and if you wanted a bachelor’s degree, Colin Beresford writes for NerdWallet.

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Student loans Student Loans Loans 68

Troutman Sanders

MARCH 4, 2022

On February 25, the New York State Department of Financial Services (NYDFS) issued Guidance to all individuals and entities subject to its regulation due to the rapidly evolving situation in Ukraine, following the Russian invasion and the imposition of sanctions, in particular businesses engaged in virtual currency activity. Relatedly, on March 2, Governor Hochul announced additional actions to strengthen NYDFS enforcement of sanctions against Russia, including the expedited procurement of addit

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Banks Financial Institution Trade Financial services 52

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support? Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

Banks

Nerd Wallet

MARCH 4, 2022

Among the different ways to trick yourself into saving, money-saving challenges are some of the most engaging. They can help you feel connected to finances by requiring frequent check-ins and debunking feelings of inadequacy when it comes to saving. For Cristina Brown, a self-described savings-challenge designer and founder of the blog Happy Savings Co, money-saving.

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