Thu.Oct 21, 2021

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CFPB Orders Tech Giants to Turn Over Information on their Payment System Plans

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) issued a series of orders to collect information on the business practices of large technology companies operating payments systems in the United States.

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Getting to Know Patricia Cobb of Ability Recovery Services

Account Recovery

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.

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What Happens Next If Student Loans Are Forgiven?

Nerd Wallet

Key forgiveness updates Get ready for February: What to know as payments restart Keep your guard up: How to spot a student loan scam Once your federal student loans are forgiven through one of the existing. Find the latest Do you have a new servicer? Student loan servicer changes Will PSLF work for you now? Email: anna@nerdwallet.com.

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Top Challenges in Risk Management: Are Your Risk Models Working?

Fico Collections

Payment holidays should not impact score validity. In future model developments, historical data that overlaps with COVID-19 should be avoided or used with caution since credit need/payment behaviour will not be representative.

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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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Streamlining Operations: How Medical Practices are Staying In Business

Nexa Collect

A Deloitte report on the state of the industry notes that in 2018, 39% of respondents reported spending more than 20% of their day on activities related to billing and collecting payments. Healthcare Finance News estimates that practices that take advantage of these emerging technologies can save up to 50% on operating costs.

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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