Credit Management Group UK

JANUARY 19, 2025

Wed all agree that writing effective collection letters is a balancing act between ensuring you receive payment in full and maintaining a positive working relationship with your customers. You dont want your correspondence to end up thrown to one side, added to a stack of unread post, because the seriousness of the matter wasn’t made clear to the reader; but you also dont want to alienate your customers through poorly worded warnings that sound threatening.

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Credit and Collections Credit Management 84

Abrigo

JANUARY 24, 2025

CRE origination, refinancing, and pricing challenges Experts from Trepp and Abrigo describe recent origination and delinquency trends in commercial real estate portfolios. They also share tips for managing risk and pricing. Key topics covered in this post: The big-picture view of CRE from Trepp Trepp bank consortium originations are 58% below pre-COVID averages Rising delinquency rates, especially in specific markets How to manage CRE risk and pricing Changes in the commercial real estate marke

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Credit Unions Credit and Collections Credit Risk Small Businesses 78

Accounting Department

JANUARY 23, 2025

For entrepreneurs and SMB owners, accounting is the backbone of a healthy business. Without accurate and reliable accounting practices, even the most successful companies can find themselves in turmoil.

Small Businesses 63

Small Businesses 63

Emagia

JANUARY 22, 2025

The financial industry is going through major changes driven by advancements in artificial intelligence (AI) and natural language processing (NLP). These technologies are revolutionizing document processing, transforming how financial institutions manage data, ensure compliance, and make strategic decisions. In this article, we explore how NLP and AI are shaping the future of finance and why businesses must embrace these innovations to stay competitive.

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Transactions 52

lsq

JANUARY 22, 2025

ORLANDO, Fla. (January 22, 2024) LSQ, a leading provider of working capital and payments management solutions, recently originated a $2 million accounts receivable credit facility for a Georgia-based staffing firm serving lodging and hospitality industry. The facility presents a landmark milestone for LSQ, as the funding was the result of a new partnership between LSQ and Bridge.

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Credit and Collections Credit Management 52

RMAi Blog

JANUARY 24, 2025

January 24, 2025 (Sacramento, CA) Flock Financial, LLC, (Flock or the Company), a leading financing partner to middle market receivables management and consumer finance companies active in the purchase, sale, and collection of performing and nonperforming receivable assets, is pleased to continue its support and ongoing commitment to the Debt Buying and Accounts Receivable Management (ARM) industry by sponsoring the Receivables Management Association International (RMAI) Annual Conference, occu

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Law Firms Transactions 130

RevCycle

JANUARY 23, 2025

The healthcare industry is abuzz with the recent finalization of the CFPB rule removing medical bills from credit reports. Rightfully so, as it removes a key piece of leverage in the collection of medical debts. However, ACA International has already filed a lawsuit against the rule, arguing overreach beyond the CFPBs regulatory authority. In light of the delay in implementation this will likely cause, our January blog post will review noteworthy recent regulatory changes in various states acros

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Medical Billing Collector Debt Collections Credit and Collections 131

Abrigo

JANUARY 21, 2025

Taking a vacation is often a well-deserved break, but for financial crime professionals, it can trigger significant stress. Fraud and AML/CFT suspicious activity monitoring is a cornerstone of any AML program and a critical part of a financial institutions safety and soundness. However, compliance departments are frequently understaffed. Unexpected disruptions like turnover or family leave can exacerbate an already challenging workload for staff.

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Transactions 78

RMAi Blog

JANUARY 21, 2025

Strengthening Community Ties As a company founded by U.S. Veterans Jacob Torriere and Joseph Torriere , Spire Recovery Solutions mission extends beyond resolving financial challenges to fostering meaningful connections within its community. In the fourth quarter of 2024, Spires contributions to three impactful organizations highlight its commitment to making a difference.

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Debt Collections 130

Accounting Department

JANUARY 21, 2025

Financial reporting has always been a critical pillar of effective business management. It's the roadmap that guides decisions, uncovers opportunities, and highlights risks. However, in a fast-evolving economic landscape, relying solely on monthly reports or quarterly financial statements is slowly becoming obsolete.

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Enterprise Recovery

JANUARY 22, 2025

Understanding the differences between business and consumer debt collections can profoundly influence your approach to developing an effective recovery strategy. This knowledge allows you to tailor your methods to suit the specific type of debt you are dealing with, ensuring that you employ the most appropriate techniques and adhere to relevant regulations.

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Debt Collections 69

Due

JANUARY 24, 2025

According to multiple respected market indicators, current stock market valuations have reached unprecedented levels, suggesting potential risks for investors who maintain exclusively stock-focused portfolios. This analysis examines the market through two significant valuation metrics that point to historically high stock prices. The Warren Buffett Indicator The Warren Buffett Indicator, known for its straightforward approach, compares the total value of U.S. companies to the country’s ove

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RMAi Blog

JANUARY 21, 2025

Communities thrive when organizations step forward to create meaningful connections and support local initiatives. Latitude by Genesys, a leading debt collection software provider, recently demonstrated this by sponsoring the 10th Annual Springs Run, an event dedicated to raising funds and awareness for The Florida Springs Institute. Held at First Magnitude Brewing in Gainesville, Florida, the Springs Run drew participants from across the state to celebrate and support the preservation of Florid

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Debt Collections 130

Waystar

JANUARY 24, 2025

The U.S. healthcare system loses $350 billion to administrative waste annually , as denial rates continue to rise in number and complexity. In fact, estimates show that hospitals and health systems spend $20 billion annually trying to overturn denied claims. But providers are elevating productivity and precision with Waystar Altitude AI to ascend toward their goals, while combating ongoing turbulent topics like rising denials, high costs, and surging transaction volumes.

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Transactions 52

TMC Financing

JANUARY 23, 2025

The recent wildfires in Southern California have caused significant damage, displacing residents, devastating properties, and disrupting businesses. During this challenging time, there are several programs and resources available to. The post California Wildfire Recovery Resources for Businesses and Individuals appeared first on TMC Financing.

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Due

JANUARY 24, 2025

You may not have known that Brazil is one of the largest exporters of beef in the world. Many developed countries such as the US and Japan, however, generally don’t import large amounts of beef from Brazil due to sanitary concerns. Recently, however, Brazil seems to have increased the sanitary and safety standards of the beef industry, and is in serious conversation with Japan about exporting large amounts of meat.

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RMAi Blog

JANUARY 21, 2025

Orion Capital Solutions, a nationally licensed collection agency based in Orchard Park, NY, continues to demonstrate its dedication to community empowerment through its recent contribution to the Boys and Girls Club. This initiative underscores Orions commitment to fostering youth development and creating brighter futures for young people in the communities it serves.

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Debt Collections 130

Emagia

JANUARY 21, 2025

In todays fast-paced business world, companies are continually striving to improve operational efficiency and reduce costs. One critical area where businesses can achieve significant improvements is in procurement. A key component of procurement is handling purchase orders (POs), which contain essential details about the goods or services a business intends to buy.

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Credibly

JANUARY 21, 2025

The financial landscape for small businesses is shifting rapidly, presenting both challenges and opportunities. After some recent economic disruption, many businesses are now facing high demand for their products and services. While this surge is promising, it also creates new hurdles: securing the capital needed to scale operations, hire staff, and meet customer demand.

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Small Businesses 52

Due

JANUARY 24, 2025

The consumer packaged goods (CPG) market has historically been inclined toward tremendous growth, and thanks to AI, it shows no signs of slowing. Given that its worth billions in the United States alone, the CPG industry has fueled a tremendous sense of competition between brands. Yet it can be hard for a company within this crowded space to stand out.

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RMAi Blog

JANUARY 21, 2025

By Michael Kane, J.J Marshall & Associates We all want to believe that our data security is bulletproof, that we have taken all the necessary measures to protect our systems and data, both proprietary and consumer, and that we are keeping this data private. We have the best hardware and software solutions in place and top-notch, more-than-competent CISOs and IT personnel on constant alert.

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Collector Credit and Collections 130

Emagia

JANUARY 21, 2025

In the digital age, businesses are moving away from manual processes and adopting automation tools to streamline their operations. One of the most important aspects of this transformation is Invoice Data Extraction. This powerful tool helps companies handle large volumes of invoices with accuracy and speed. In this blog, well dive into the ins and outs of invoice data extraction, how it works, its benefits, and how it can drastically improve your business’s financial workflows.

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Transactions Small Businesses 52

Cpcmcredit Blog

JANUARY 21, 2025

According to a survey of 4000 CEOs conducted by PWC having “leapfrogged”over India china and Germany This is of course welcome news at what is a difficult time and maybe a surprise to many of the naysayers? And without wishing to bring up Brexit once again (ill always emphasise I was pretty neutral), this is very contrary to claims made and continuing to be made by those who haven’t quite accepted the decision “The PwC survey cheered the findings as a vote of confidence i

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Due

JANUARY 23, 2025

Retirement. Its a word that evokes images of relaxation, travel, and enjoying the fruits of your labor. However, you need a solid financial foundation before fully relaxing and enjoying your golden years. And at the center of that foundation lies diversification. You can think of your retirement savings as a garden. You wouldn’t plant all your seeds in one place, would you?

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Investment Firms 52

SSI Healthcare Rev Cycle Solutions

JANUARY 20, 2025

Five Critical Cybersecurity Questions to Ask Your Medical Claims Clearinghouse Home / January, 20 2025 Author: Diana Allen, PhD, Chief Executive Officer, The SSI Group, LLC In the healthcare industry, medical claims clearinghouses play a vital role in processing and transmitting sensitive patient data. However, this critical position also makes them prime targets for cyberattacks.

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Cybersecurity 52

TreviPay

JANUARY 20, 2025

Welcome to a special episode of the Beyond the Transaction podcast! Following the success of our TreviPay Crossroads Conference the premier B2B payments eventweve invited some of our favorite speakers back for a post-conference discussion. In this episode, we sit down with Bob Cohen and Rebecca Meeker from Mastercard, who share their insights from Crossroads and dive deeper into the evolving B2B payments landscape.

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Transactions 52

aptic

JANUARY 20, 2025

The debt collection industry, often marked by inefficiency and strained relationships with customers, is undergoing a profound transformation powered by artificial intelligence (AI). AI is not only streamlining operations but also fostering a more personalized and empathetic approach to debt recovery. In this article we share some highlights of the multifaceted benefits of integrating AI into debt collection, including automation, data-driven strategies, and improved customer experience.

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Debt Collections Payment Portals Transactions 52

Due

JANUARY 23, 2025

Netflix stock rose as much as 13.5% on Wednesday January 22nd as their fourth quarter earnings exceed expectations. Each share is now just under $1,000 per share, and many investors are eager to see the potential growth ahead. Why did Netflix Do So Well? Netflix has always been a powerhouse in the entertainment industry, and last quarter announced 18.9 million users.

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Gaviti

JANUARY 20, 2025

In todays fast-paced business environment, achieving financial accuracy is critical for maintaining stakeholder trust and ensuring compliance with accounting standards. One cornerstone of accurate financial reporting is the matching principle in accounting, a concept that ensures revenues and expenses are recorded in the same period. But how does this principle align with the technological advancements in accounts receivable (A/R) automation?

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AR Automation Revenue Recognition DSO Credit and Collections 52

Eagle Business Credit

JANUARY 21, 2025

Running a small business can be both rewarding and challenging. One of the biggest hurdles small business owners face is managing cash flowthe lifeblood of any business. A healthy cash flow ensures you can cover expenses, invest in growth, and weather unexpected challenges. For 2025, small business owners face several emerging and evolving cash flow challenges influenced by areas such as economic shifts, regulatory changes, and industry trends.

Small Businesses 40

Small Businesses Cybersecurity Credit and Collections Transactions 40

Emagia

JANUARY 21, 2025

In todays fast-paced financial environment, managing and analyzing large volumes of data has become more complex than ever. Among the most critical tasks for both businesses and individuals is bank statement extraction , a process that allows you to extract crucial financial data from your bank statements and convert it into a structured, usable format.

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Transactions Dashboards Small Businesses 40

Due

JANUARY 22, 2025

HF Sinclair Navajo has been instructed to pay a $35 million civil penalty and make a number of other changes to reduce emissions. The companys refinery is based in Artesia, New Mexico, and works with a refining facility in Lovington, New Mexico, to process sweet and sour Permian crude oil. HF Sinclair Navajo Refining LLC, is an HF Sinclair Corp. subsidiary and is the focus of the environmental complaints.

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TreviPay

JANUARY 22, 2025

TICO buyers in the U.S. and Canada will have access to pay on invoice with 30-day interest-free payment terms, meeting key payment preferences of corporate buyers OVERLAND PARK, Kan., January 22, 2025 TreviPay , the most-trusted B2B payments and invoicing network, today announced a partnership with TICO Manufacturing , a North American pioneer in fleet services, terminal services and terminal tractor manufacturing, to power its net terms program.

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JANUARY 22, 2025

A GE-brand appliance manufacturer faces a financial penalty and regulatory scrutiny for failure to comply with safety standards. Haier US Appliance Solutions failed to de-energize equipment as required, according to a Department of Labor report, which resulted in the fatality of an employee. The facility was located in Decatur, the largest city in Macon County, Illinois, and is the home of legendary president Abraham Lincoln.

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JANUARY 21, 2025

The United States Department of the Treasury has sanctioned individuals connected to the Salt Typhoon hacking group. One of the individuals in question, Yin Kecheng, is reported to be a notable cyber actor who is connected to the perpetrators of the compromise of Treasury systems and infrastructure last year. The Department of the Treasurys Office of Foreign Assets Control (OFAC) has led the sanctions on Kecheng and also sanctioned Sichuan Juxinhe Network Technology Co., LTD.

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Cybersecurity 52

Due

JANUARY 21, 2025

Two Arizona drywall companies have been instructed to pay a combined $7.4M after denying overtime pay to more than 1,400 employees. The U.S. District Court for the District of Arizona found that Apodaca Wall Systems Inc. and Empire Wall Systems Inc. had violated the Fair Labor Standards Act (FLSA). Both companies are based in Phoenix and specialize in interior painting and drywall construction.

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JANUARY 21, 2025

For many investors, doubling their initial investment is one of their main goals. As a result, this can be a significant step in securing their financial future. Using the principles of diversification, patience, and well-informed investment choices, here are 10 ways to get you started on this journey. It is important to remember that no investment offers a 100% return.

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