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By Angela: As I sit writing this blog, I am finding it hard to believe six years have passed since coming to American Profit Recovery. I still remember getting the call to come in for an interview and didn’t completely know what to expect or how I would be treated. Everyone associates “collection specialists, or debt collectors” as bad, mean people blowing up your phone.
The number of mergers and acquisitions in the accounts receivable management industry cooled in the second quarter, compared to the first three months of the year, according to data tracked by Corporate Advisory Solutions, but that was to be expected after a record-setting first quarter. Even though the number of deals and deal value were … The post M&A Deal Volume Cools in 2Q, But More Consolidation in ARM Industry Coming: CAS appeared first on AccountsRecovery.net.
While this question will put off sales reps, collections teams may be cheering in their seats. If a sales representative works hard to land the ideal client but the invoice goes unpaid beyond the due date, who should be responsible for connecting with that client? Is a sale really complete if the invoice isn't paid? Do you have a solid process for who follows up and when it becomes necessary for your organization to move the account to collections?
If you’re the parent of a young adult, you may be asked to co-sign for a car loan or an apartment lease. Before you agree, know what’s at stake — you could be putting your own financial security at risk. What co-signing really means When you co-sign, you become fully responsible for someone else’s debt. Bev O'Shea writes for NerdWallet. Email: boshea@nerdwallet.com.
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.
Your company has done the work, you feel like the client or customer was satisfied with what you’ve done, and you’ve done your part and sent an invoice for the work provided. Most of the time, you see a check in the mail, or they arrange for other types of payments such as a credit card. Other times, it feels like an endless waiting game to get some clients to pay.
A District Court judge in New Jersey has granted a credit card company’s petition to confirm an arbitration award in the amount of $286,064.62 against an individual who had accused the company of violating the Telephone Consumer Protection Act by placing hundreds of debt collection calls to his phone without his consent. The individual had … The post Court Upholds $286k Ruling Against Plaintiff in TCPA Action Over Collection Calls appeared first on AccountsRecovery.net.
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A District Court judge in New Jersey has granted a credit card company’s petition to confirm an arbitration award in the amount of $286,064.62 against an individual who had accused the company of violating the Telephone Consumer Protection Act by placing hundreds of debt collection calls to his phone without his consent. The individual had … The post Court Upholds $286k Ruling Against Plaintiff in TCPA Action Over Collection Calls appeared first on AccountsRecovery.net.
As travel returns, you might start feeling some airfare sticker shock. It’s not necessarily because more people are vacationing again, though they certainly are. It’s more likely because fewer people are doing trips for business. And when business travelers don’t travel, leisure travel can get more expensive. It may seem counterintuitive, but these premium-paying travelers.
Insurers will likely enjoy more favorable outcomes under Florida’s new summary judgment standard. The court’s less rigorous review of attempts to withstand summary judgment will impact expected litigation outcomes, litigation strategy, and largely benefits insurers. How Does Florida’s New Summary Judgment Standard Differ From Its Old Summary Judgment Standard?
COURT UPHOLDS $286K RULING AGAINST PLAINTIFF IN TCPA ACTION OVER COLLECTION CALLS A District Court judge in New Jersey has granted a credit card company’s petition to confirm an arbitration award in the amount of $286,064.62 against an individual who had accused the company of violating the Telephone Consumer Protection Act by placing hundreds of … The post Daily Digest – August 6.
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.
As hospitals face growing and aging accounts receivable systems, and with limited data and visibility into their organizations’ financial health, the most common revenue challenges in today’s healthcare landscape all relate to not getting paid on time, every time. With patient financial responsibility increasing since the enactment of the Affordable Care Act, the challenge for hospitals and healthcare providers to collect payments consistently will become even more difficult to manage as more of
For Americans on Medicare who need expensive medications, drug costs can get steep. Unlike many private health insurance plans, Medicare Part D, which is Medicare’s prescription drug coverage, has no out-of-pocket limit on costs each year. In fact, in 2019, nearly 1.5 million people enrolled in Medicare Part D spent more than the catastrophic coverage.
In the wake of the collapse of the Champlain Towers South in Surfside, Florida, many buyers looking to purchase condos for either their primary residence, a second home, or as an investment property have paused to consider whether the unit being purchased is structurally sound. Such a pause will likely cause a corresponding temporary dip in condo sales throughout the state of Florida in what has otherwise been an historically hot real estate market.
EDITOR’S NOTE: The following was written by Manny Newburger of Barron & Newburger. We are sad to announce the passing of our firm’s founder, Barbara M. Barron. Although her health declined in recent years she continued to practice actively until the end. Barbara was a graduate of Barnard College, Columbia University, and the university of … The post Barbara Barron, Founder of Barron & Newburger, Passes Away appeared first on AccountsRecovery.net.
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.
Digital-first debt collection fintech readies for continued B2B and B2C expansion with strategic leadership reorganization. TrueAccord Corporation, a debt collection company offering digital-first and consumer-centric solutions for resolving debts, today announced changes to its executive leadership team to support a planned expansion of products and services.
Despite the pandemic, the IRS received more than 7 million requests for new employer identification numbers between January 2020 and June 2021, according to data from the U.S. Census Bureau. As those businesses grow, many will reach an important milestone: hiring their first employees. Here are six things business owners should do first. 1. Make. Rosalie Murphy writes for NerdWallet.
Using text messaging for your business is an excellent way to reach consumers through one of the communication channels they most prefer. As a vendor, it is our responsibility to provide you with convenient options to communicate with your consumers (like with our SMS texting service) while also keeping up with the latest regulations and rules. That’s why we are announcing some significant changes to the way we offer SMS delivery using our FLOW Technology.
The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. 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. … The post Getting to Know Jason Hiland of
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!
This article originally appeared on The Financially Independent Millennial and was republished with permission. In the 21st century, people are getting accustomed to shopping on online platforms. They order food, clothes, and other goods. This means that the demand for delivery services is growing. U.S. residents are less likely to leave their homes when they need to shop at grocery stores.
TSA PreCheck and Clear can both get you through airport security faster. But which is better? Here’s a look at the benefits, requirements and price of TSA PreCheck versus Clear to help you decide which will work best for you — and even whether you should get both. Plus, learn all the ways you can. Ramsey Qubein writes for NerdWallet. Email: travel@nerdwallet.com.
Hey, Eleventh Circuit! You should look at how quickly the Third Circuit rules on en banc petitions and maybe ask for a few pointers. As the industry’s wait for a ruling on the en banc petition in the Hunstein case begins its third month, the Third Circuit Court of Appeals yesterday denied an en banc … The post Third Circuit Denies En Banc Petition in FDCPA Barcode Case appeared first on AccountsRecovery.net.
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.
This article originally appeared on The Financially Independent Millennial and was republished with permission. Who Are First Generation College Students? The first thing to know about first generation college students is that the definition is actually pretty broad. Depending on what each school or university determines to qualify as a first generation college student, it isn’t always necessary that someone in your family or your household ever attended college.
Federal student loan borrowers anticipating the return of their regular student loan payments Oct. 1 can once again breathe a sigh of relief: The pause will continue through Jan. 31, 2022, the Department of Education announced Friday. The department says the extension — the fourth since March 2020 — will be the last. As with. Colin Beresford writes for NerdWallet.
The NFT of Everydays, The First 5000 Days by Mike Winkelmann sold for $6.9 million at Christie’s this year. In part 1 of this blog series my colleague defined NFTs or Non-Fungible Tokens. Now, I’m going to cover what it means for the wider financial crime space. It is well known that dealing in art can be a vehicle for money laundering and terrorist finance.
A bipartisan companion bill to one introduced recently in the Senate has been introduced in the House of Representatives that seeks to stiffen the penalties for violating the Telephone Consumer Protection Act, including jail time for those found to have willfully or knowingly violated the statute, as well as doubling the penalty for those found … The post Bipartisan Companion Bill Introduced in House; Seeks Prison Time for Some TCPA Violations appeared first on AccountsRecovery.net.
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
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