Sat.May 22, 2021 - Fri.May 28, 2021

article thumbnail

Overcoming data overwhelm in the finance department

On Guard

Data is now the lifeblood of business. Driving digital transformation initiatives across finance departments requires visibility of data assets and the right technology in place to truly harness it. Hurdles however stand in the way, with only 5% of finance professionals stating that their organisation is fully data driven. Data is now entering organisations from all sides and is rapidly growing in volume, with consumption worldwide predicted to double from 74 zettabytes in 2021 to 149 zettabytes

article thumbnail

How Millennials Prefer to Communicate, According to Arbeit

Arbeit Software

We wanted to share some updated data & insight on how millennials prefer to communicate inside & outside of the workplace. Who better to ask than the millennials on our team at Arbeit?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Inflation: What It Is and Why It Matters

Nerd Wallet

If you’ve ever heard someone say something like, “I remember when a soda pop only cost me a nickel,” there’s one big reason: inflation. Because of inflation, the price of a bottle of Coca-Cola has increased twelvefold since it debuted in 1886. Understanding what inflation is and how it affects you can be useful when. Tiffany Lam-Balfour writes for NerdWallet.

124
124
article thumbnail

Collection Agency Owner Pleads Guilty to Wire Fraud, Tax Evasion

Account Recovery

The owner of a Kentucky collection agency is facing up to 20 years in prison after pleading guilty to charges of wire fraud and tax evasion. Kevin Welsch, who owned and operated RCC Services, admitted to defrauding clients by collecting debts on behalf of creditors and keeping the money for himself. He also admitted to … The post Collection Agency Owner Pleads Guilty to Wire Fraud, Tax Evasion appeared first on AccountsRecovery.net.

article thumbnail

Your Accounting Expertise Will Only Get You So Far: The New Way To Lead

Speaker: Victor C. Barnes, CPA, MBA

In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.

article thumbnail

Is your consulting firm losing cash flow? 4 tips to get back on track

American Profit Recovery

If you are running a professional services firm or a consulting agency, we know that you are working closely with your clients and have far more interaction than other industries. This can include law firms, management consulting firms, marketing agencies, and others. Because you are constantly working on behalf of these clients, you’ve also built a working relationship.

More Trending

article thumbnail

5 Ways to Help Small Businesses Recover From the Pandemic

Nerd Wallet

When the COVID-19 pandemic hit, communities around the U.S. rallied to help small businesses by launching “shop local” initiatives, purchasing gift cards and starting fundraising campaigns. Now that states have begun to roll back social distancing restrictions and vaccination rates continue to climb, small businesses still need continued support. “When we shop local, the statistics.

126
126
article thumbnail

TSI Buys Assets From Performant

Account Recovery

For the second time in two months, Performant Financial Corp. has sold off some of its assets, this time selling parts of its business — including customer contracts — to Transworld Systems Inc. (TSI). Terms and specifics of the deal were not disclosed. Back in March, Performant announced it had sold some of its recovery … The post TSI Buys Assets From Performant appeared first on AccountsRecovery.net.

246
246
article thumbnail

Lowering the stress level in your small business

American Profit Recovery

While running any type of small business can be stressful and cause business owners some type of anxiety, this past year during the coronavirus pandemic has caused more business owners and small business operators some of the hardest stress we have all seen in recent times. We worry about small business cash flow, hiring, and firing, regulations, permitting, community relations and so much more.

Banks 246
article thumbnail

It’s 2021. Do You Know What Your AI Is Doing?

Fico Collections

Responsible AI has been one of my big topics for a few years now, the subject of many articles, blogs and talks I’ve given to audiences around the world. So how are companies faring in adopting Responsible AI, making sure they are using artificial intelligence ethically, transparently, securely and in their customers’ best interests? The short answer: not great.

article thumbnail

The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It

Speaker: Kim Beynon, CPA, CGMA, PMP

The most overlooked, yet most critical, element of transformation is preparing people for change. Automation and AI aren't just technical upgrades, they’re cultural shifts which can challenge identities. That’s why change management isn’t a side project—it’s the foundation. In finance, where precision and process rule, navigating change can feel especially disruptive.

article thumbnail

20 Best Seasonal Business Ideas for Warm Weather

Nerd Wallet

When the cold weather breaks and the sun begins to stay out later, many enterprising people ask themselves the same question: What are the best seasonal business ideas? After all, higher temperatures mean customers are out and about, looking for a bit of sunshine in their lives after a long and dreary winter. If you’re. Brian O'Connor writes for NerdWallet.

121
121
article thumbnail

Daily Digest – May 28. Briefs in Support of Hunstein Petition Start Rolling in; Judge Approves Settlement in FDCPA Class Action

Account Recovery

BRIEFS IN SUPPORT OF HUNSTEIN PETITION START ROLLING IN Companies and organizations across the accounts receivable management industry are starting to line up behind the defendant in Hunstein v. Preferred Collection and Management Services, filing amicus briefs supporting the defendant’s petition for an en banc re-hearing before the entire Eleventh Circuit Court of Appeals.

article thumbnail

Takeover Agreements on Performance Bond Claims: What Are They and How Do They Work?

Jimerson Firm

On many construction projects, the general contractor may be required to furnish a performance bond. That performance bond guarantees the completion of the prime contract if the general contractor defaults. A performance bond is a three-party contract between a surety (the party promising to be responsible if the principal fails to perform), the principal (the party who is performing the work—the general contractor), and the obligee (the party who is protected by the performance bond—the owner)

article thumbnail

Courier Scams – How They Work and How to Fight Them

Fico Collections

The ‘courier scam’ is a global issue that intensified late last year and presented another worrying trend in the new world of digital payments and card scams. Courier scams have long been a problem, but the threat has gathered momentum in recent months, as fraudsters have found a lot of success and will continue the ‘winning’ formula while they still can find a victim that will fall to their schemes.

Banks 98
article thumbnail

Agent Tooling: Connecting AI to Your Tools, Systems & Data

Speaker: Alex Salazar, CEO & Co-Founder @ Arcade | Nate Barbettini, Founding Engineer @ Arcade | Tony Karrer, Founder & CTO @ Aggregage

There’s a lot of noise surrounding the ability of AI agents to connect to your tools, systems and data. But building an AI application into a reliable, secure workflow agent isn’t as simple as plugging in an API. As an engineering leader, it can be challenging to make sense of this evolving landscape, but agent tooling provides such high value that it’s critical we figure out how to move forward.

article thumbnail

SBA Loan Denied? Here’s What to Do Next

Nerd Wallet

Having an application for an SBA loan denied can be a frustrating experience for business owners in need of financing. These loans often come with some of the best interest rates available and are partially guaranteed by the U.S. Small Business Administration, which makes them very competitive. If you’re denied an SBA loan, the right. Brian O'Connor writes for NerdWallet.

Loans 117
article thumbnail

Daily Digest – May 27. Getting to Know Bobbie Blue; Defunct Agency Fined $500k

Account Recovery

GETTING TO KNOW BOBBIE BLUE OF RENKIM It’s always nice to see someone have the self-confidence to be able to point to someone else and say, “I wouldn’t be here if not for him/her.” Bobbie Blue is humble enough to give credit where it is due, and that is a large reason why he has … The post Daily Digest – May 27. Getting to Know Bobbie Blue; Defunct Agency Fined $500k appeared first on AccountsRecovery.net.

246
246
article thumbnail

How to Check Your Credit Report for Identity theft

Credit Corp

Identity thieves are almost always opportunistic—but the crimes they commit feel very personal. Unauthorized credit card charges, bogus loan applications, missing money, and other financial violations make fraud a major nightmare. To keep fraud in check, you need to know how to check your credit report for identity theft, and how to deal with problems when they arise.

article thumbnail

Data Tokenization and Encryption: Are Your Payments Protected?

PDC Flow

Security is an essential part of taking payments. If your payment communication software doesn’t take precautions with the sensitive data they help you manage, they aren’t looking out for you or your consumers. Encryption and data tokenization are essential steps to protect credit card and bank account numbers from being improperly handled. PDCflow uses both encryption and tokenization to manage sensitive consumer data.

Banks 98
article thumbnail

Future-Proof Your Firm: Smarter Tech for Stronger Returns & Simpler Workflows

Speaker: Joe Wroblewski, Senior Sales Engineer

Is your tech stack working for you—or are you working for it ? 🤖 In today’s world of automation and AI, technology should simplify workflows—not add complexity. Seamless integration and interconnectivity are key to maximizing productivity, optimizing workflows, and improving collaboration. Join expert Joe Wroblewski for a practical and insightful session on how you can build a smarter, more connected tech stack that drives efficiency and long-term success!

article thumbnail

One’s Credit Builder: Build Credit With Guardrails

Nerd Wallet

One, creator of a banking app that allows you to manage multiple types of accounts in one place, is adding a feature that will function much like a secured credit card, but with an adjustable credit limit. It will become available to those ages 18 and older in the coming weeks. One’s no-fee Credit Builder. Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com.

Banks 115
article thumbnail

Defendant Files Petition for En Banc Re-Hearing in Hunstein Case

Account Recovery

The defendant in the Hunstein case yesterday filed its petition with the Eleventh Circuit Court of Appeals seeking to have the case re-heard before all of the court’s judges — known as an en banc hearing — arguing that the three-judge panel erred when it ruled last month that a statutory violation of Section 1692c(b) … The post Defendant Files Petition for En Banc Re-Hearing in Hunstein Case appeared first on AccountsRecovery.net.

article thumbnail

Filing Bankruptcy Without Your Spouse: What Happens to Debts & Property?

Sawin & Shea

If you’re married and considering bankruptcy in Indiana, you’re probably wondering whether you can file alone and how this could impact your spouse. This is one of the most common questions for bankruptcy attorneys. Yes, you can file bankruptcy without your spouse. But there are some important things you should know because bankruptcy can affect your debts and property in unexpected ways.

article thumbnail

CFPB Takes Action Against Company and its CEO for Deceptive Deposit and Loan Products

Consumer Finance

The Consumer Financial Protection Bureau (CFPB) today filed a proposed settlement against Driver Loan, LLC, and its CEO, Angelo Jose Sarjeant. If entered by the court, the settlement would require the defendants to refund about $1 million in deposits to harmed consumers, stop deceptive practices, and pay a civil penalty.

Loans 91
article thumbnail

Protect What Matters: Rethinking Finance Ops In A Digital World

Speaker: Cheryl J. Muldrew-McMurtry

Distributed finance teams are rewriting how the back-office runs, and attackers are taking notes. Disconnected workflows, process blind spots, and rising cyber threats are more than just growing pains—they’re liabilities. The challenge isn’t just going remote. It’s building resilient systems that protect accuracy, control, and speed across every transaction and touchpoint.

article thumbnail

Smart Money Podcast: Buy Now, Pay Later Loans and How to Start Building Wealth

Nerd Wallet

Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a discussion about buy now, pay later loans. These offers are common when shopping online, but they aren’t always a good option. Then we pivot to this week’s question from Patricia, who left us a voicemail: “Hi, Liz Weston writes for NerdWallet.

Loans 111
article thumbnail

Former CFPB Assoc. Dir., Caught Up in Racist Scandal, Calls out ‘Lawless’ Bureau

Account Recovery

A former associate director at the Consumer Financial Protection Bureau, who came under a wave of criticism when racist comments he made under a pen name 15 years ago were uncovered, has published an article calling out a “lawless” CFPB and equating the new leadership at the regulator to the mob, “willing to use the … The post Former CFPB Assoc.

246
246
article thumbnail

Want to know how forced arbitration affects ordinary folks? A website has videos of them telling their stories

Public Citizen

by Jeff Sovern. Here. [Disclosure: the website is put up by AAJ, which gave St. John's a grant to fund some of my research back in 2015].

85
article thumbnail

25 Best Ways to Make Money as a Kid

Credit Corp

This article originally appeared on Arrest Your Debt and has been republished with permission. When I was a kid, there was always something I wanted to buy. The problem was, I usually had spent all my birthday money, and my parents were not in the habit of buying me whatever I wanted just because. If I wanted to buy something, I needed to learn how to make money as a kid on my own.

article thumbnail

Operational Strength Starts with People: The New Rules of Finance Leadership

Speaker: Melissa Hurrington

What’s holding finance teams back isn’t just process inefficiency. It’s culture gaps, reactive mindsets, and missed opportunities to lead real change. In an era of disruption, finance leaders can no longer afford to operate on autopilot and the most resilient teams aren’t just efficient—they’re connected, talent driven, and culture-focused. Join Melissa Hurrington for an exploration into how finance leaders can evolve beyond process and numbers to create adaptive, people-powered teams that thriv