Mon.Aug 05, 2024

article thumbnail

Crown Asset Management Supports Charity Golf Tournament

RMAi Blog

DULUTH, GA – Crown Asset Management , a Georgia-based receivables management firm, proudly supported the Mitsubishi Electric Classic this April. The charity golf tournament took place at TPC Sugarloaf. The Mitsubishi Electric Classic is an annual Champions Tour men’s professional golf tournament featuring players ages 50 and over. Giving back is at the heart of this tournament, with two primary beneficiaries selected annually.

130
130
article thumbnail

How to check for liquidity and solvency in your debtors

Chaser

Liquidity and solvency are important in determining debtors' financial health and repayment ability. The former describes the ease of selling an asset or security with minimal impact on its market price. While the latter is an entity's ability to fulfill its long-term debt obligations.

81
Insiders

Sign Up for our Newsletter

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

article thumbnail

How to detect counterfeit checks

Abrigo

The basics of counterfeit check detection for banks and credit unions Check fraud is surging and technology advances aren't helping. Are traditional methods of detection enough to protect your financial institution from losses? You might also like this webinar, "Tackling operational risks: Strategies for check fraud and ransomware prevention" register Takeaway 1 Financial fraud is becoming more sophisticated in today's world, and counterfeit checks and duplicate check deposits are significan

article thumbnail

Understanding BigCommerce Marketing Banners: A Comprehensive Guide

Grit

According to Forbes , 80% of companies report seeing a boost in revenue after implementing personalized marketing strategies. Marketing banners in BigCommerce are versatile tools that can significantly enhance your store’s promotional activities. These banners can be used to highlight sales, announce new products, or deliver important messages to your customers.

52
article thumbnail

Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

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.

article thumbnail

Surviving market downturns: a guide

Due

The financial market is a volatile entity subject to dramatic fluctuations that can make investors anxious. Recently, the S&P 500 experienced a significant drop of 4%, with tech stocks such as Nvidia seeing a staggering 12% decrease. In addition, trading platform Robinhood halted trading, preventing people from selling their stocks, and the fear index skyrocketed by 235%.

52

More Trending

article thumbnail

Thrilling CD Investment Strategies for 2024

Due

The year 2024 is marked by individuals seeking to reduce risk in their financial holdings and enhance their net worth consistently in foreseeable ways. In the quest to achieve economic stability, many investors have turned to certificates of deposit (CDs) as an attractive option. Why Certificates of Deposit are Gaining Popularity Investing in CDs has been experiencing a rising trend in interest rates, varying from 4.75% to 5.5% APY.

52
article thumbnail

How to Review and Reset Your Business Goals When You’re Not on Target

Eagle Business Credit

Running a small business is a dynamic endeavor that often requires adjusting to changing economic landscapes. When the economy isn’t performing as well as anticipated and interest rates remain high, it can be even more challenging to meet the financial goals set at the beginning of the year. If you find your business off-target, you should review and reset your goals now to align with the current climate.

article thumbnail

Federal grand jury indicts six members of bank fraud scheme

Due

A federal grand jury has indicted six members of an elaborate banking fraud scheme that targeted millions of U.S. accounts. The racketeering gang conducted a years-long campaign on the savings of hard-working Americans to line their pockets, says the Justice Department report. “The scheme alleged in the indictment involved an elaborate plot to steal consumers’ hard-earned savings directly from their bank accounts,” said Principal Deputy Assistant Attorney General Brian M.

52
article thumbnail

$170 million fraud claims aimed at social media founder

Due

The Securities and Exchange Commission has levied a $170 million case against a social media company founder. The government watchdogs took the decision to investigate Abraham Shafi, the owner and chief operating officer of Get Together Inc. The charges come at the individual for claims that he exaggerated the company’s worth and for a litany of personal uses of company assets.

52