RMAi Blog
OCTOBER 28, 2024
ConServe Earns a Spot on the 2024 Power List for Banking and Finance Rochester, N.Y. – October 28, 2024 – Continental Service Group, LLC d/b/a ConServe, is proud to announce that Pamela Baird, Chief Executive Officer was selected by the Rochester Business Journal’s editorial team as one of “2024 Power List for Banking & Finance” for their 2024 Power 100 list.
Know-It Global
OCTOBER 28, 2024
The month of October marks National Women’s Small Business Month 2024, and it is only right that we shine a light on Know-it as a female founded business! Since 2021, the company has been supporting businesses getting paid, but in this blog, we’ll discuss how Know-it began. Know-it is a business proudly female owned and founded. Lynne Darcey Quigley’s journey to becoming a prominent figure in the commercial debt recovery sector is a testament to her entrepreneurial spirit, but how did she
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Your Virtual Credit Manager
OCTOBER 22, 2024
When we first think about credit risk, our minds focus on the financial status of the company in question. To manage the risk that a customer might default, companies implement credit and collection policies and procedures. Those policies and procedures, however, also need to include practices designed to mitigate the risk of fraudulent transactions.
Due
OCTOBER 24, 2024
A Florida defense contractor faces a prison sentence after being found guilty of multiple charges, including an attempt to defraud the United States. The person in question, Yuksel Senbol, was sentenced for a lengthy list of serious offenses against the nation. The charges included “conspiracy to defraud the United States, conspiracy to commit wire fraud, wire fraud, conspiracy to commit money laundering, money laundering, conspiracy to violate the Export Control Reform Act, and violating the Ar
Abrigo
OCTOBER 22, 2024
Say "thank you" this National FinCrime Fighter Day BSA professionals and financial crime fighters are tasked with the challenge of protecting our financial system daily. October 26 is National Financial Crime Fighter Day , and it’s the perfect time to pause and applaud everything these professionals do. Since we founded the day of recognition in 2018, it’s become an opportunity for the nation to show gratitude for FinCrime fighters’ work in the financial industry.
Accounting Department
OCTOBER 22, 2024
In the fast-paced world of small and medium-sized businesses (SMBs) and startups, reliable accounting services are crucial. Recently, a new trend has emerged—accounting firms operated with the help of venture capital funding. On the surface, these services may appear attractive due to their low costs and initial benefits. However, SMB owners, entrepreneurs, and finance professionals need to tread carefully.
Credit Management Source brings together the best content for credit management professionals from the widest variety of industry thought leaders.
Due
OCTOBER 23, 2024
A Venezuelan television news network owner has been charged by a federal grand jury in the Southern District of Florida for his role in a $1.2 billion scheme to launder funds. The indictment was unsealed after evidence was presented in the Florida courthouse showing that the laundered funds were allegedly corruptly obtained from Venezuela’s state-owned and state-controlled energy company, Petróleos de Venezuela S.A.
Abrigo
OCTOBER 25, 2024
Helpful info for Cybersecurity Awareness Month Helping financial institutions mitigate AI-enhanced cybersecurity risks is the focus of a recent letter from the N.Y. Department of Financial Services. This article covers these key topics: Cyber threat warnings from New York State 3 Cyber risks posed by AI Strategies to mitigate AI-related cyber risks Cyber threat warnings for banks & credit unions Whether intentionally timed to coincide with Cybersecurity Awareness Month or not, the New Yor
Accounting Department
OCTOBER 24, 2024
In today's rapidly changing business world, small and medium-sized businesses (SMBs) face numerous challenges, especially when it comes to managing their financial operations efficiently. Many business owners find themselves juggling multiple roles, often at the expense of financial management.
RMAi Blog
OCTOBER 25, 2024
Industry vet John Kirby to join Garnet’s management team Garnet Capital Advisors, a leading company in the loan sale market, is excited to announce the addition of a new member to their senior management team: John Kirby, CTPRP. This exciting new hire will be a Managing Director at Garnet, performing a variety of responsibilities and overseeing many internal projects to support growth.
Chaser
OCTOBER 28, 2024
I am thrilled to share that Chaser has won the AI in Fintech award at the Global Fintech Awards 2024. As part of the Fintech Live 2024 conference in London, these awards recognize incredible innovations and achievements across the Fintech industry. After being shortlisted in September, it is an honor to have Chaser's software recognized with an award among some of the most innovate fintech businesses in the UK.
Due
OCTOBER 28, 2024
Becoming a TikTok star is far from easy, and few know this better than Brandon Farris. Once living out of his car, Brandon worked tirelessly to create the hilarious content that would eventually make him a viral sensation on TikTok and YouTube. During our interview, he opened up about the challenges he faced on his journey to success, the dedication behind his creative process, how he managed his newfound financial success, and the importance of staying grounded with family along the way.
NorthOne
OCTOBER 28, 2024
As a small business owner, it’s good to have a lot of small business bank accounts to choose from. These banks compete for your business by offering you better deals. The post 8 Best Small Business Bank Accounts in 2024 appeared first on North One Blog.
FundThrough
OCTOBER 28, 2024
With a sea of options available, choosing financing that’s a fit for your business feels overwhelming. As small business owners and entrepreneurs ourselves, we understand the struggle. Financing aligned with an accounting software provider, like Xero, narrows it down. Read on to discover apps that will help you get funded and get back to business […] The post The Top 4 Xero Finance Options for Small and Medium Businesses appeared first on FundThrough.
RMAi Blog
OCTOBER 22, 2024
Earlier today, the New York City Department of Consumer & Worker Protection (DCWP) announced that they are going to delay enforcement of the new Debt Collector Rules until April 1, 2025. The announcement came just two business days after a lawsuit challenging the legality of the new rule was filed, which RMAI reported on in an earlier Member Alert.
Grit
OCTOBER 28, 2024
As Black Friday approaches, businesses are gearing up for one of the most significant shopping events of the year. In a crowded marketplace, standing out requires more than just slashing prices; it demands creativity and a focus on enhancing the customer experience. This article explores irresistible Black Friday promotion ideas to captivate customers, boost engagement, and optimize the shopping journey.
Due
OCTOBER 28, 2024
Warren Buffett has long been revered as the greatest of all time (GOAT) in the world of investing. His investment strategies and decisions have been closely followed by investors worldwide, and his recent move has sent shockwaves through the market. Buffett, known for his long-term investment philosophy, first unloaded half of his Apple stock — now he’s unloaded more of his portfolio of Apple stock.
NorthOne
OCTOBER 28, 2024
Are you searching for the best bank for small businesses in Virginia? The ideal choice will vary depending on your business’s specific needs and your personal preferences, but there’s no. The post The 5 Best Banks for Small Business in Virginia (2024) appeared first on North One Blog.
Enterprise Recovery
OCTOBER 25, 2024
Failing to manage accounts receivable can result in delayed payments, hindering the ability to pay bills, meet payroll, and reinvest in your business. For freelancers and small businesses especially, it is imperative to prioritize strategies that will help keep accounts receivable in check and improve cash flow to meet expenses. Boost the financial stability of your freelance or small business by mastering accounts receivable management for a proactive cash flow.
Know-It Global
OCTOBER 24, 2024
Recovering commercial debts globally can be a complex and challenging process, requiring careful planning and strategic execution. International debt recovery involves navigating different legal systems, languages and currencies which can make the task daunting for businesses operating across borders. However, with the right approach and assistance, it is possible to successfully recover international debts.
Grit
OCTOBER 28, 2024
One of the year’s busiest shopping days is Black Friday. Because of how competitive this super sale event is, you’d need to be able to draw customers in fast, or to be exact, right from the first glance. An excellent Black Friday sale banner is one of the best resources for doing this. When potential clients visit your website, read through emails, or scroll through social media feeds, banners are frequently the first thing they see.
Due
OCTOBER 28, 2024
Companies are constantly vying for the top spot in terms of market value. One such company that has been making waves recently is NVIDIA, a leading player in the graphics processing unit (GPU) market. NVIDIA’s stock has significantly surged, with a staggering 194% increase just this year. However, the company’s fortunes are closely tied to the performance of other tech giants, namely Google , Microsoft, Amazon, Meta, and Apple, collectively known as the ‘Mag 7.
NorthOne
OCTOBER 28, 2024
Picking the right bank for your small business isn’t just about finding a place to park your cash—it’s about choosing a financial partner that can help your business thrive. With. The post 11 Best Banks for Small Business in 2024 appeared first on North One Blog.
Chaser
OCTOBER 22, 2024
As Chaser celebrates its 10th anniversary, it's moving to reflect on how far the software and team have come, especially since my first year as CEO. What started as a simple idea to help businesses follow up on overdue invoices has grown into a fully automated accounts receivables platform, helping thousands of businesses around the world to bring their revenue in on time.
CreditStrong for Business
OCTOBER 25, 2024
As a small business owner, there’s a good chance you’ll need to secure funding at some point to reach your goals. The need for funding can be pressing from the startup phase and all the way through the life of your business. One out of four businesses cites lack of funding as an obstacle to growing their business according to the U.S. Small Business Administration.
Grit
OCTOBER 28, 2024
Black Friday is one of the biggest shopping events of the year, and it presents an incredible opportunity for ecommerce businesses to significantly boost sales. With millions of consumers eagerly waiting for deals, store owners can benefit greatly from innovative Black Friday marketing strategies. We’ll look at creative Black Friday marketing ideas in this guide that help you get beyond typical Black Friday obstacles and draw in customers.
Due
OCTOBER 28, 2024
As environmental consciousness becomes more ingrained across generations, it’s no surprise that retirees embrace this mindset in their financial and lifestyle choices. The once-niche consideration of sustainability is now integral to long-term planning, with retirement strategies increasingly reflecting a growing commitment to environmental, social, sustainability, and governance (ESG) principles.
NorthOne
OCTOBER 28, 2024
A business high-yield savings account (HYSA) typically offers a higher interest rate compared to a business checking account, allowing businesses to earn more on their deposits while maintaining liquidity. In. The post 7 Best High-Yield Savings Accounts in 2024 appeared first on North One Blog.
Reorg Blog
OCTOBER 25, 2024
While LME proponents are often looking to move value away from creditors not in the “deal,” borrowers and sponsors are often looking to increase liquidity and maturity runway.
CreditStrong for Business
OCTOBER 25, 2024
Maintaining the working capital necessary to stay on top of day-to-day expenses is a challenge that all businesses face. However, it can be particularly troublesome for companies that can’t qualify for traditional financing. Cash flow loans are more accessible than many other types of business funding, but they have some significant downsides. Here’s what you should know about them, including how they work, what you need to qualify, and when they’re a good idea.
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