Credit Management Group UK

JANUARY 16, 2024

The legislation fulfils the UK’s obligations under the European Directive on combating late payment of commercial transactions. The legislation was further amended in April 2013 to allow the right to claim additional costs incurred in collecting overdue payments if the fixed fee compensation does not cover all costs.

Credit and Collections 73

Credit and Collections Credit Management Transactions 73

RMAi Blog

AUGUST 22, 2024

With the encouragement of federal regulators, RMAI spent the better part of 2012 developing the RMCP and officially launched the program in March 2013. RMAI expanded its scope to include collection agencies, law firms, brokers, and most recently vendors, recognizing their individually diverse roles within the receivables management ecosystem.

Law Firms 147

Law Firms Credit and Collections Debt Collections Transactions 147

Lendio

MAY 6, 2024

As more American consumers utilize next-generation payment methods like touchless transactions or smartphone payments, there’s a general sense that we’re headed toward a cashless world. If you’re trying to decide whether you should accept credit card payments, it’s never been easier. Why accept credit cards?

Credit Card Payments 98

Credit Card Payments Small Businesses Credit and Collections Transactions 98

Due

JANUARY 3, 2023

You might get asked similar questions by lenders when you apply for loans and credit cards. To find out, they might check your credit report. What are credit reports, why are they important and what is in them? What is a Credit Report and Why is it Important? Credit Reports vs. Credit Scores.

Credit Scoring 119

Credit Scoring Credit and Collections Bankruptcy Credit Reporting Agencies 119

Abrigo

MARCH 4, 2022

billion by 2023, synthetic identity fraud impacts customers' experiences and creates costs tied to collections. The intent of creating the synthetic identity can vary greatly, from creating a credit profile to human trafficking. Piggybacking is a method of using an individual's credit for gain. Synthetic ID Fraud.

Credit Unions 78

Credit Unions Credit and Collections Transactions Cybersecurity 78

TreviPay

NOVEMBER 11, 2022

It’s a category rather than an industry, as B2B transactions occur across different business sectors. B2C transactions include everything from groceries to high-end luxury fashion. Most B2C payments take place on debit or credit cards. Collections. Collections in B2C could be a positive for B2C in many instances.

Credit and Collections 52

Credit and Collections Debt Collections Transactions 52

Fundera

DECEMBER 29, 2018

Whether you’re collecting contact information from customers or storing payment and banking data for billing purposes, it’s highly likely that your business will at some point collect sensitive personal and banking data from your clients. Doing this, however, can attract a different kind of customer to your business: cybercriminals.

Credit and Collections 40

Credit and Collections Cybersecurity Transactions Small Businesses 40