Account Recovery

FEBRUARY 11, 2021

Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations and TCPA communication authorization platforms.

Law Firms 246

Law Firms Accounts Receivables Management 246

Account Recovery

FEBRUARY 11, 2021

The goal, obviously, is to create a connection, because that is far more likely to result in a payment than creating conflict ever will. Either a collector creates a connection with a consumer or creates conflict.

Collections 147

Collections 147

Troutman Sanders

FEBRUARY 11, 2021

This investigation may be our first sign of a more aggressive CFPB impacting the payments industry. Venmo also recently amended its user agreement to give itself the power to recover money its customers owe by seizing it from their other accounts at PayPal.”.

Collections 98

Collections Debt collector 98

Fico Collections

FEBRUARY 11, 2021

For example, if the ratio of payment to balance owed on a loan or credit card increases, we would expect that the credit risk score should improve (lower risk of default). Figure 1 shows a positively constrained monotonic relationship between these two variables.

Lender 52

Lender Government Banks Loans 52

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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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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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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

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