Mon.Sep 23, 2024

article thumbnail

Abrigo Lending Insights: Current interest rate trends for banks and credit unions

Abrigo

Recent loan rate trends from Abrigo Connect Carefully monitoring interest rate trends for loans will help financial institutions remain competitive as rates drop. Would you like other articles like this in your inbox? Data for banks & credit unions Real-time pricing trends for loans Now that the Fed has lowerered interest rates , financial institutions will want to carefully monitor current loan interest rate trends in their markets to remain competitive as rates drop.

article thumbnail

Chaser finalist for the AI in FinTech Award at Global FinTech Awards

Chaser

I am thrilled to share that Chaser has been shortlisted for the AI in FinTech Award at The Global FinTech Awards 2024. In their inaugural ceremony, the Global FinTech Awards 2024 will be recognizing and celebrating innovative solutions in the financial services and fintech industries, honoring organizations that demonstrate exceptional creativity, technologically advancements, and industry leadership.

59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Lessons from the National Public Data breach for consumers and financial institutions

Abrigo

Critical practices for individuals and organizations to protect their data The National Public Data breach serves as a reminder to all of us that proactive measures are necessary to safeguard our personal information. You might also like this whitepaper: "Protecting banking customers starts with you." DOWNLOAD Takeaway 1 The National Public Data breach exposed over 2.7 billion records and is a reminder to be proactive when safeguarding your data.

article thumbnail

Receivables Turnover vs. Days Sales Outstanding (DSO): What’s the Difference?

Gaviti

If cash flow is the lifeblood of any business, then accounts receivable (A/R) turnover is the heart that keeps cash flowing. Optimizing your collections process is crucial for cashflow. The better you optimize collections procedures and tasks, the more efficient and effective your A/R becomes. Two critical key performance indicators (KPIs) that help your accounts receivable team optimize collections are receivables turnover and days sales outstanding (DSO).

article thumbnail

Newton Property Management selects GoCardless for open banking payments

GoCardless

GoCardless Instant Bank Pay to reduce admin, cut costs and improve customer experience

52
article thumbnail

Fair Payment Code: The answer to late payment woes?

Hilton Baird

The recent announcement from the UK government regarding new measures to tackle late payments appears to be a significant development for SMEs. The post Fair Payment Code: The answer to late payment woes? appeared first on Hilton-Baird Collection Services.

More Trending

article thumbnail

Man convicted for lengthy $4 million telemarketing fraud scheme

Due

A North Carolina jury has convicted a man for a years-long telemarketing scam that cost his victims $4 million. Rodger Rodger, a Costa Rican national, is the man at the center of the fraud verdict and the orchestrator of a scam that hoodwinked vulnerable individuals across America. Most of those victims were elderly individuals that Rodger and his co-conspirators tricked into thinking they received official U.S. government correspondence about winning a competition.

52
article thumbnail

Best thanksgiving email examples for BigCommerce fashion stores

Grit

The holiday season approaches, making it one of the busiest shopping periods of the year for fashion retailers on BigCommerce. Thanksgiving marks the beginning of this festive rush, and crafting the perfect email campaign can make all the difference in driving sales and engaging customers. In this post, we’ll explore some of the best Thanksgiving email examples specifically tailored for BigCommerce fashion stores.

52
article thumbnail

EMEA Cooperation Agreements Tracker 2024

Reorg Blog

Cooperation agreements, designed to strengthen creditors' collective bargaining power against borrowers, have recently gained prominence in Europe.

52
article thumbnail

Real Estate Investing for Retirement Income: 7 Key Strategies You Need to Know

Due

Supplementing your retirement with rental income can be a beneficial way further to increase your financial security, secure generational wealth, and invest in properties that can generate long-term value and capital appreciation. When building your retirement plan and setting goals, it’s important to consider how real estate investing and earning rental income can become consistent wealth generators while minimizing risk and maximizing overall returns.

52
article thumbnail

EMEA Cooperation Agreements Tracker 2024 – Creditors Improve Bargaining Power Against Restructuring Debtors

Reorg Blog

Legal Analyst: Shan Qureshi Cooperation agreements, designed to strengthen creditors' collective bargaining power against borrowers, have recently gained prominence in Europe.

52
article thumbnail

Collapse of ISG. Will they be missed?

Cpcmcredit Blog

Good question. Now clearly unsecured creditors are going to take some huge losses here and there will be the domino effect of smaller contractors collapsing under the weight of their ISG bad debts. This does bring up the old question of whether contractors were too reckless with their credit and sadly given the rumours that have been swirling around the industry for some time, the answer has to be yes.

article thumbnail

The Sandwich Generation in Retirement: How to Balance Care for Parents and Adult Children

Due

A good friend of mine is in her 50s and getting closer to retirement. She and her husband hope to live a life more filled with leisure and self-discovery, but economic realities have created new caregiving responsibilities that often make leisure sound like a fantasy. My friend is part of the “Sandwich Generation.” She’s not only taking care of her mother-in-law, but her son who just graduated from college is living there as well.

52
article thumbnail

Copy of Navigating aged debts: The pros and cons of writing off bad debt

Hilton Baird

A look at the pros and cons of writing off aged debts, the options businesses have at this stage, as well as how bad debt relief can impact businesses. The post Copy of Navigating aged debts: The pros and cons of writing off bad debt appeared first on Hilton-Baird Collection Services.

article thumbnail

5 Ways AI & Generative AI (GenAI) Can Enhance the Invoice-to-Cash Process

Emagia

Effective cash management is critical for organizations to meet financial obligations and invest in growth. A streamlined invoice-to-cash (I2C) process—an integral part of the broader order-to-cash (O2C) cycle—significantly impacts an organization’s ability to manage cash flow. The advent of AI – and, more recently, the Generative AI (GenAI) variant – is transforming O2C and procure-to-pay (P2P) processes, driving operational efficiencies and enhanced decision-making.

article thumbnail

Will Government Debt be the Next Big Thing for Bond Markets?

Loomis Sayles Credit Research

The Greek poet Archilochus wrote, "The fox knows many things, but the hedgehog knows one big thing." Global bond markets are typically more hedgehog than fox: they focus on “the one big thing.” Since 2022, that big thing has been the COVID-19 pandemic-driven inflation surge and the efforts of the G-20 central banks to bring it down. Interest rate hikes have done their job; inflation is falling nearly everywhere, and (ex-Japan) the global rate cycle has turned towards ease.

64