Sat.Apr 23, 2022 - Fri.Apr 29, 2022

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Companies struggling with B2B Debt Collection

UK debt collections

UK Companies are struggling with their B2B Debt Collection according to recent research. Over sixty one per cent of Businesses have failed to recover debts owed to them for a wide range of issues including outdated customer data and email addresses. The research conducted by Debt register has revealed that reduced business cash flow has highlighted the incompetency’s of staff to accurately maintain and manage customer data.

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Here’s 5 Reasons Why You Should Pay Your Debts Sooner Rather Than Later

JMA

As a debt collection agency servicing Australian businesses nation-wide, we’ve seen all kinds of situations involving debts. Whether it’s businesses trying to chase up unpaid invoices or customers trying to dodge payments, we’ve seen it all. Usually, we use our experience to provide advice on how you can recover debts or how to avoid them, Read more » The post Here’s 5 Reasons Why You Should Pay Your Debts Sooner Rather Than Later appeared first on JMA Credit Control.

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Talk-Off Participants Share Perspective About Hybrid Work Trend

Account Recovery

If the COVID-19 pandemic showed us all that working from home is not just something for day traders and writers, then the end of the pandemic is teaching us another lesson as well — a lesson about the importance of job flexibility and transparency, the panelists on this week’s Talk-Off discussed. Discussing the results of … The post Talk-Off Participants Share Perspective About Hybrid Work Trend appeared first on AccountsRecovery.net.

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5 Green Flags That Reveal that Your Client Will Pay On Time

Enterprise Recovery

There are numerous red flags that could signal a late payment from your clients. Red flags, however, could be easily ignored. Green flags, on the other hand, provide a sense of safety and trust. The more green flags, the more you know that your business is working with the right clients - those who respect your time and value your partnership - and that you're doing A/R right.

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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.

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Making Medical Credit Reporting Harder is a Disaster in the Making

Nexa Collect

We all agree that healthcare costs in the USA are extremely high. Most doctors (and dentists) who do private practice, struggle to cope with never-ending government regulations and mandates, a constant fear of frivolous lawsuits, dealing with insurance companies, and loss due to unpaid patient bills. The medical profession is among the most stressful careers out there.

More Trending

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Google to Start Wiping Contact Info From Search Results at Consumers’ Request

Account Recovery

Those using Google to help them find contact information for people, whether skiptracing accounts or just looking to get in touch with someone, may start finding it harder to get what you are looking for, because the search engine giant is going to start allowing individuals to request to have their contact information removed from … The post Google to Start Wiping Contact Info From Search Results at Consumers’ Request appeared first on AccountsRecovery.net.

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CFPB Makes Move to Widen Supervisory Scope

Troutman Sanders

On April 25, the Consumer Financial Protection Bureau (CFPB or Bureau) announced that it would begin invoking a provision in Dodd-Frank, previously used only infrequently, to conduct supervisory examinations over a greater number of nonbank financial companies that may “pose risks to consumers.”. Under Dodd-Frank, the CFPB has authority to examine three categories of nonbank entities: Nonbank entities that offer or originate mortgages, private student loans, and payday loans, regardless of the n

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How to Avoid Zelle Scams, Plus What to Do If You Can’t

Nerd Wallet

Zelle is a peer-to-peer payment network used by more than 1,000 banking apps. Like other P2P services, Zelle makes it convenient to send money to friends and family using their email address or phone number. But as convenient as it can be for you, it’s also that convenient for scammers who want your money. Recently, Ruth Sarreal writes for NerdWallet.

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CFPB Obtains Ban Against Debt Relief CEO Daniel Crenshaw

Consumer Finance

Today, the Consumer Financial Protection Bureau (CFPB) filed a proposed order to resolve its allegations that Performance SLC, a student loan debt relief business, and Performance Settlement, a general debt-settlement company, along with their owner and CEO, Daniel Crenshaw, engaged in wrongful fee-charging practices and deceptive telemarketing.

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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.

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23 Companies Seeking Collection Talent

Account Recovery

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any offers. This is merely meant … The post 23 Companies Seeking Collection Talent appeared first on AccountsRecovery.net.

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BNPL in Credit Reports: How Could This Data Impact FICO Scores?

Fico Collections

Buy Now, Pay Later (BNPL) plans allow shoppers to make purchases and pay for them in installments over a defined period. According to the research from Cornerstone Advisors , these point-of-sale short-term installment loans with low credit amounts have been increasing in popularity during recent years for retail purchases like clothing, household goods, electronics, and more.

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Ask a Travel Nerd: What Do Oil Prices Mean for My Summer Travel? 

Nerd Wallet

When I originally pitched the idea for this article, it was titled, “What $100 oil could mean for your summer travel.” Back then, $100 oil seemed like a distant possibility. Then prices spiked to over $120 before settling back down to a mere $100. By the time you read this … who knows. The point. Sam Kemmis writes for NerdWallet. Email: skemmis@nerdwallet.com.

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Fiduciary Duties Waivable by Contract, Precluding Claims

PBWT

The U.S. Bankruptcy Court in Manhattan recently reminded us why Delaware choice-of-law provisions are so popular in limited partnership and other agreements. In an adversary proceeding, Judge David S. Jones held that proposed fiduciary claims were futile because of the relevant partnership agreement’s (the “Agreement”) exculpatory clause.

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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.

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Daily Digest – April 28. Getting to Know Daniel Estes of R3 Dynamics; Reg F Lawsuit Over Email Opt Out

Account Recovery

GETTING TO KNOW DANIEL ESTES OF R3 DYNAMICS If you needed proof that Daniel Estes will always go above and beyond, imagine doing 300 more burpees in a month than you were supposed to do and you’ll know all you need to about what he can accomplish when he puts his mind to something. But … The post Daily Digest – April 28. Getting to Know Daniel Estes of R3 Dynamics; Reg F Lawsuit Over Email Opt Out appeared first on AccountsRecovery.net.

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Tennis Ace facing Jail over avoidance of Bankruptcy Debts

UK debt collections

G rand Slam champion and well known Tennis ace Boris Becker is facing a possible lengthy prison sentence for insolvency breaches today. He is accused of hiding hundreds of thousands of pounds of assets. He was previously declared bankrupt in 2017 and as part of his bankruptcy supposed to declare all assets. The three time Wimbledon winner ran aground financially in 2017 after his £38 million tennis earnings were absorbed up by an expensive divorce, child maintenance and a lavish luxury lifestyle

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Smart-Home Devices Could Save You Money on Home Insurance

Nerd Wallet

A smart thermostat can turn up the heat in your home before you roll out of bed. A smart speaker can play your favorite podcasts with a voice command. A smart lightbulb can be turned on or off from across the room. But smart-home devices aren’t just about convenience. Because some of them can help. Sarah Schlichter writes for NerdWallet. Email: sschlichter@nerdwallet.com.

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Client Alert: Transparency Rules Are In Full Force –Be Sure You Are Ready!

Fraser

As you know, both the Affordable Care Act from 2010 (ACA) and the Consolidated Appropriations Act of 2020 (CAA, 2021) contain various transparency rules and requirements upon group health plans. Some of the rules are similar; others vary and have different effective dates. Thankfully, the Departments of Labor, Treasury, and Health and Human Services (collectively, the Departments) issued FAQ Part 49 to reconcile some of these issues.

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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!

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Appeals Court Denies Creditor’s Bid for Attorney Fees in Spat with Former Collection Agency Partner

Account Recovery

A battle between a failed partnership between a creditor and a collection agency has spilled over into the Court of Appeals for the Eleventh Circuit, with a panel of judges yesterday affirming a lower court’s decision not to award the creditor attorney’s fees after it accused the agency of breaching the terms of their agreement … The post Appeals Court Denies Creditor’s Bid for Attorney Fees in Spat with Former Collection Agency Partner appeared first on AccountsRecovery.

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Retail Payments Fraud: How Consumers and Banks Can Fight Back

Fico Collections

There’s a lot going on in the retail payments space – defined as transactions between two consumers, between consumers and businesses, or between two businesses. With any change, fraud comes hand-in-hand. Some of the changes are related to new digital payments methods like P2P apps, tap-to-pay, and cryptocurrency, which are all growing options in retail environments.

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You Can Tweak Your Tech Settings to Protect Your Privacy

Nerd Wallet

So much of our sensitive personal data is being tracked and sold that trying to protect our privacy can seem like a pointless exercise. We can disable the location tracking on phone apps only to find new apps stalking us the next time we check. We can turn off personalized advertising and still get bombarded. Liz Weston, CFP® writes for NerdWallet. Email: lweston@nerdwallet.com.

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Congress Tackles Incident Response for Critical Infrastructure

Troutman Sanders

On March 15, Congress passed the Cyber Incident Reporting for Critical Infrastructure Act (Act). Many outlets reporting on the Act focused on its 72-hour breach notification requirement. But such reports created uncertainty over the Act’s application and requirements, as well as the steps an organization should take in response to the Act. To help resolve this uncertainty, we’ve distilled the Act into four main parts: (1) to whom it applies; (2) what it requires; (3) what is left unresolved; and

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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.

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Getting to Know Daniel Estes of R3 Dynamics

Account Recovery

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 Daniel Estes of

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UK Cards Report: Repayments Not Impacted by Cost of Living Hike

Fico Collections

The FICO Credit Market Report for February 2022 shows UK card trends following typical post-seasonal spend and repayment patterns. It’s as yet unclear whether pandemic savings are masking the early impact of the cost of living hike. Highlights . Average card spend climbs by over 5 percent compared to January and nearly 30 percent compared to February 2021.

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What Is a Bond ETF?

Nerd Wallet

Financial advice can feel conflicting. Someone may have told you bonds are a good way to balance your financial portfolio and weather stock market volatility. Some headlines might have warned you away from bonds during periods of inflation. The truth is a bit more complicated. Bonds still offer consistent long-term returns and can be an. Alieza Durana writes for NerdWallet.

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Idaho’s Digital Asset Act Excludes Cryptocurrency From Securities Laws

Troutman Sanders

On March 31, Idaho Governor Brad Little signed HB 583, the Digital Asset Act. The bill amends Title 28 of the Idaho Code, which governs commercial transactions generally, to include a new chapter dedicated to regulation of digital assets. The bill goes into effect on July 1. Idaho’s bill is multifaceted: (1) It distinguishes digital securities and virtual currencies, the latter of which do not constitute securities under Idaho law; (2) It defines “control,” or custody of digital assets, to encom

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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