Mon.Nov 08, 2021

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How to Refund a Payment on PayPal

Nerd Wallet

If you accept payments online, issuing a refund from time to time is an inevitable part of doing business. The article How to Refund a Payment on PayPal originally appeared on NerdWallet. If you need to refund a PayPal transaction, you can do so in just a few steps from your “Activity” page: Choose the transaction.

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CFPB’s Payments Data Obsession May Broadly Target Third-Party Data Purchasers

Collection Industry News

In late October, the Consumer Financial Protection Bureau (CFPB) sent a shot across the bow at Big Tech’s use of consumer payments data. based technology companies that operate payment systems. Source: site. They do, and we explain why below. What Happened.

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CFPB request for comment on Request for Big-Tech payment platforms

Public Citizen

On October 21, the Consumer Financial Protection Bureau ordered six large technology companies that operate payments systems in the United States -- Google, Apple, Facebook, Amazon, Square, and PayPal -- to provide information about certain of their business practices.

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Ed. Dept. Cancels Contracts With Private Collection Agencies

Account Recovery

The Department of Education last week notified the private collection agencies it had been using to help recover payments on defaulted student loan debts that it would no longer be placing accounts with them.

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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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What Does the Mastercard-Bakkt Alliance Mean for Crypto Credit Cards?

Nerd Wallet

As traditional payment networks scramble to incorporate cryptocurrency into their offerings, a move by Mastercard could usher in an era when more credit card issuers offer rewards in the form of bitcoin and ether alongside cash back, points and miles. That could give consumers a way to passively earn a cryptocurrency just by using a.

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Here’s How to Boost Your Credit after a Big Purchase Impacts Your Score

Credit Corp

Channel says that borrowers need time to prove to lenders that they’re able to handle their new debt, noting that “one of the main ways to do this is to make multiple, one-time payments, which is a time-consuming process.”. In addition to on-time payments , you might consider paying down any outstanding credit card balances you owe.

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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