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RMAI Update August 2024

RMAi Blog

The Q&A largely focused on participant inquiries about the process of submitting medical debt rulemaking comments, the likelihood of the rule proposal surviving legal opposition, and the relevance of credit reporting. RMAI is concerned that the current exemption for credit cards is not broad enough.

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ACH Transactions: What Small Business Owners Need To Know

Lendio

For small businesses, understanding the basics of ACH is important on two fronts: you can make and receive payments through ACH, and ACH is a common method funders use to collect repayment of a business cash advance. Essentially, it is the method banks use to send money between accounts electronically. In 2019, some 24.7