RMAi Blog

MARCH 11, 2025

The Court of Appeals of Wisconsin, District I, recently held that the National Bank Act does not preempt the Wisconsin Consumer Acts requirement to send a notice of right to cure to a borrower in default prior to filing a collection action. Bank of America., N.A. v. Riffard , No. 2023AP125, 2025 Wisc. App. LEXIS 157 (Feb. 18, 2025). BACKGROUND A Wisconsin borrower defaulted on two credit card accounts issued by a national bank.

Credit and Collections 130

Credit and Collections Collector Default 130

Due

MARCH 11, 2025

To maintain financial stability, it is essential to manage money wisely. However, professional financial advice can be very costly. The good news is that many resources are available for free or even cheap financial advice. Whether you need help with budgeting, investing, managing debt, or planning for retirement , these are some of the best places to turn.

Nonprofit Organizations 52

Nonprofit Organizations Credit Scoring Credit Management 52

RMAi Blog

MARCH 11, 2025

Since June of 2019, Andrew Roskam has owned and operated his own regional debt buying company and related collection agency, Acctcorp International, Inc./Accounts Receivable, Inc. The Vancouver Business Journal recently recognized him as part of the 2024 Class of Accomplished and Under 40. Accomplished & Under 40 program recognizes our young leaders who inspire while providing an example of what it means to not only care about our community, but to actually go about helping the community be

130

130

CreditStrong for Business

MARCH 11, 2025

The sudden return of student loan payments may aversely affect your credit score in a number of ways. If youve been relying on credit cards or loans to make ends meet, you may see your credit utilization rate rise, which will bring your score down. And if youre dealing with missed payments or higher-than-usual debt, your credit score may take a major hit.

Credit Scoring 52

Credit Scoring Credit and Collections 52

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

Bad Debt

Biz2X

MARCH 11, 2025

Reading Time: 3 minutes It wasnt long ago that small and medium-sized businesses (SMBs) had to go to a bank to obtain a loan or line of credit. With embedded finance, that has quickly changed. Business owners can access financing directly through platforms theyre already using, like payment processors or accounting software, transforming the lending experience for SMBs.

Transactions 52

Transactions Small Businesses 52

Your Virtual Credit Manager

MARCH 11, 2025

Not very long ago, Digital Transformation was the prominent business buzzword. Then Artificial Intelligence (AI) took center stage. You might be led to think that Digital Transformation became passe, but that is clearly not the case. Digital Transformation, the migration of business processes to digital formats, continues its march through commercial organizations, but now with AI helping to automate and digitize the last mile.

Days Sales Outstanding 130

Days Sales Outstanding Credit and Collections DSO Accounts Receivable (AR) 130

Abrigo

MARCH 11, 2025

How to prevent internal fraud at your bank or credit union Of the many fraud risks banks and credit unions face, one of the most costly comes from within the institution itself. Employees in positions of trust may manipulate accounts, conceal information, or abuse their authority for personal gain. Learn how to prevent internal fraud in banks and credit unions.

Credit Unions 78

Credit Unions Transactions 78

Gaviti

MARCH 11, 2025

In the realm of B2B transactions, it’s easy to assume that securing a sale signifies the culmination of your efforts. However, the real challenge lies in ensuring that the customer fulfills their payment obligations. Without proper credit assessments and checks, businesses expose themselves to significant financial risks, including cash flow disruptions and potential bad debts.

Credit Risk 52

Credit Risk Credit Scoring Credit and Collections Credit Application 52

Emagia

MARCH 11, 2025

In financial operations, human error is a persistent challengeparticularly in Accounts Payable (AP) and Accounts Receivable (AR). Errors such as incorrect invoice amounts, overlooked purchase order mismatches, and duplicate payments can lead to significant financial and operational setbacks. As businesses scale, the volume of invoices and payments escalates, further complicating efforts to maintain accuracy and efficiency.

Accounts Receivable (AR) 40

Accounts Receivable (AR) Invoice Amount AR Automation Dashboards 40

Waystar

MARCH 11, 2025

Telemedicine and Medicare reimbursements are top-of-mind for healthcare organizations in 2025. With so many moving pieces, the changes can be difficult to navigate. However, Dr. Elizabeth Woodcock shines a light on the complexities to help guide providers forward. For more than 30 years, I’ve been tracking what happens in the reimbursement and payment landscape, says Dr.

Transactions 71

Transactions 71

Due

MARCH 11, 2025

Global events have made significant changes to economies of various products all over the world. While tariffs and policies are being put in place, the US is also attempting to be a leader in the race for rare minerals. In years prior, Ukraine was a large supplier, but with the Russian conflict ensuing, imports from Ukraine have decreased. US to Lead Race for Critical Minerals On Tuesday March 4th, President Trump discussed his drive and desire to produce these minerals in in the US.

52

52