Thu.Feb 20, 2025

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PRA Group and StepChange Advance Financial Inclusion and Consumer Resiliency in UK Parliament

RMAi Blog

Financial community comes together on practical ways to support people in debt NORFOLK, Va., Feb. 20, 2025 PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, and StepChange , the UKs largest debt advice charity, recently partnered to highlight issues impacting people in debt in the United Kingdom. On behalf of the two organizations, The Viscount Chandos hosted a key roundtable debate in the House of Lords chaired by Credit Services Association (CSA)

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How AI helps prevent fraud and false positives—without replacing compliance professionals

Abrigo

Artificial intelligence (AI) is transforming fraud prevention AI offers financial institutions a way to reduce false positives, detect fraud faster, and improve suspicious activity monitoring. However, AI is not a substitute for human expertiseits a tool that enhances efficiency and decision-making. When integrated strategically, AI allows BSA and fraud teams to focus on higher-risk cases and conduct more thorough investigations while maintaining complete control over compliance processes.

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Understanding Stock Market Valuations Through Price-to-Earnings Ratios

Due

The relationship between price-to-earnings (P/E) ratios and future stock market returns provides valuable insights for investors seeking to understand market valuations. Historical data demonstrates a clear correlation between P/E ratios at any given time and the subsequent five-year investment returns. The P/E Ratio as a Market Indicator P/E ratios serve as a fundamental metric for assessing whether stocks are expensive or inexpensive in the market.

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Unlocking Business Potential: The Benefits of Accounting and Controller Services for Entrepreneurs

Accounting Department

In the fast-paced world of entrepreneurship and business management, the importance of maintaining impeccable financial records cannot be overstated. Accounting and controller services are the backbone of a well-oiled business machine, guiding entrepreneurs toward clarity and strategic growth.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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Unlocking Your Retirement Potential: A Deep Dive into Life Insurance Retirement Plans (LIRPs)

Due

Financial decisions must balance security, growth, and tax savings to plan for retirement. The Life Insurance Retirement Plan (LIRP) is a lesser-known tool yet powerful for retirement planning. In contrast to traditional retirement accounts such as 401(k)s and IRAs, LIRPs use the cash value from permanent life insurance policies to provide tax-advantaged income.

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Artificial Intelligence (AI): Simulating Human Intelligence, Transforming Our World

TreviPay

AI has evolved from a science fiction concept to a fundamental pillar of modern technology. Its transforming industries, particularly in financial services, where the balance between progress and risk is more precarious than ever. AI’s ability to replicate human intelligence is opening up new efficiencies and insights once thought impossible. However, like any transformative technology, AI also has its darker side.

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What is Order to Cash Automation Software?

Emagia

The Order to Cash (O2C) process is the backbone of every business that sells products or services. It encompasses all the steps involved in fulfilling customer orders and collecting payments. In todays fast-paced digital world, businesses are turning to technology to automate this crucial process. Enter Order to Cash Automation Software , a solution designed to streamline and optimize the O2C cycle.

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AI as a game changer: Leapfrog to banking excellence

Abrigo

This article covers these key topics: The central value of AI for banking Efficiency vs. effective: Why it matters Workflows and transforming processes with AI Additional elements for a successful AI strategy Taking your institution directly to best in class with the right AI strategy An AI strategy will unlock the greatest value for banks and credit unions when the strategy aims for bold, audacious goals rather than incremental efficiency gains.

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How to Automate Accounts Receivable?

Emagia

Automating accounts receivable (AR) is a strategic move for businesses aiming to enhance cash flow, reduce manual workloads, and improve overall financial efficiency. This comprehensive guide delves into the intricacies of AR automation, providing a detailed roadmap for implementation, exploring its benefits, and highlighting best practices to ensure success.

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2 Industries May Flourish Under Trump, While Others May Fall

Due

As soon as he was put in office again, President Donald Trump got right to work. Amidst tariffs, talk of interest rates being slashed, Trump also invested $500 billion into an AI project, Stargate. On inauguration day, many tech executive were present, hoping for some good will from the President. Trumps investment in the tech industry and their support for him signals a potential boom in the industry.

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What Software is Used for Accounts Receivable?

Emagia

Introduction In today’s fast-paced business environment, efficient management of accounts receivable is crucial for maintaining healthy cash flow and ensuring the financial stability of an organization. Accounts receivable software automates the invoicing and collections processes, enabling businesses to track outstanding invoices, manage customer payments, and optimize their cash flow cycles.