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RMAI Update March 2023

RMAi Blog

Nevada AB 223 – This bill would require debt collectors to provide a payoff letter within 10-days of a consumer request. New York AB 1035 – This bill would prohibit debt collectors from communicating with consumers through the use of email, text messaging, or private communication tools offered by social media companies.

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RMAI Update April 2023

RMAi Blog

Nevada AB 223 – This bill would require debt collectors to provide a payoff letter within 10-days of a consumer request. New York AB 1035 – This bill would prohibit debt collectors from communicating with consumers through the use of email, text messaging, or private communication tools offered by social media companies. NPAS, Inc. ,

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Technical details on S/4HANA ZDO(Zero Downtime upgrades/updates)

SAP Credit Management

All business transactions of the applications that are enabled for ZDO are fully available during the upgrade via the bridge subsystem to end users. This can be executed via SUM or t-code SUMTOOLBOX after passing the phase RUN_RSPTBFIL_ZDM_CLASSIFY (The initial shipment of SUM toolbox was released in Dec 2021 via TCI sap note.

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Your Reg F Resource

Professional Credit

While these edits to Reg F went into effect at the end of 2021, we’ve found many organizations are still unaware of the elements that affect them. The rules and regulations needed a refresher in order to better serve all consumers, creditors, and collectors in the modern world. First of all, what is it?

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Top 5 Debt Collection Posts of 2022: Crisis and Opportunity

FICO Blog

This frees up human collectors to spend more time with customers in forbearance situations that require empathy and consultation. A mass of digital solutions and fintech innovations offering real-time Open Banking data alongside transactional insight into customer affordability and vulnerability are being touted to Tier-1 lenders.

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Understanding Debts in Bangladesh: A Guide to Credit Management (????????? ?? ?????? ??????)

MNS Credit Management Group

Introduction Bangladesh, a nation the size of this state that borders both India and Burma and is located in the northeastern part of the Indian subcontinent, is expected to have 165 million people living there by the year 2021, according to the World Bank. billion in 2021. use mobile money; and 19% make transactions online.

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Accelerate digital payments by leveling up your AR automation

billtrust

Automation brings B2B opportunities for B2B transactions. In a 2022 survey, Forrester Research found that 73% of organizations say growth is a top priority (up from 40% in 2021), and 71% also say improving products and/or services is at the top of their minds. Credit remains tied up, and collectors are unaware.