ACH (Automated Clearing House) payments have been a gamechanger for merchants. The efficiency, speed, and convenience make for a hassle-free experience when making or receiving payments.
Full ArticlePayment processors are facing more challenges than ever. Fraud, compliance, and increased competition are all placing more pressure on businesses looking to retain their customers going into the new year.
Full ArticleIn the current high-risk economy, where student loans constitute a significant portion of many individuals' debt, lenders increasingly recognize the need for a more nuanced approach to customer relations and debt management.
Full ArticleBorrowers are defaulting on car loans at the highest rate in 27 years There are several reasons for the unprecedented growth in delinquencies. Below, we cover three primary issues causing financial stress on consumers in the current economic environment.
Full ArticleOver the past 20 years or so, first-party fraud has intensified in scale and scope.
Full ArticleDebt collection tactics are becoming more high tech - some even have the ability to remotely repossess items bought on credit. These resources help professionals contact debtors and better communicate with them to get back the money owed. The
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