Mon.Dec 16, 2024

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The Value of Receivables Management Association International Legislative Fund Donations

RMAi Blog

With new laws and regulations often passed at the federal, state, and local levels, the receivables management industry is ever-changing. For organizations like National Credit Adjusters , we spend quite a lot of time supporting RMAI, who is working with local policymakers and stakeholders on approaching fair and safe regulatory change , instead of embracing change for the sake of change.

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Eight New Year’s Resolutions to Improve your Commercial Credit Management in 2025

Credit Management Group UK

2025 could be the year for your business to improve and grow, however this relies heavily on how effectively your commercial credit management runs. Therefore, at CMG UK, we have compiled a list of New Years resolutions for your to carry forward into 2025 for the benefit of your business. Improving your commercial credit management in 2025 1. Start as you mean to go on Put a detailed strategy in place for your commercial credit management before Christmas so you can hit the ground running when y

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Illegal information market Rydox shut down by federal authorities

Due

After an investigation, federal authorities have closed an illegal information market and auction site, Rydox. In addition to closing the site, several administrators operating and selling personal data have been charged. Ardit Kutleshi, 26, and Jetmir Kutleshi, 28, are currently under an extradition order from Kosovo. It is alleged that since the creation of the site in 2016, over $230,000 profit has been made by the men, and there have been 7,600 sales of personally identifiable information (P

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Client Accounting Services to Help Drive Your Business

Accounting Department

When you have a small or mid-size business, one of the issues you can run into is not having all the departments a larger company would have. In other words, you might not have dedicated employees for HR, accounting, and other areas. Fortunately, there are ways to outsource a number of services, including client accounting services. This helps keep your company growing and succeeding, without the need to bring on more employees or overwork yourself to get everything done.

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Mexican specialty supermarket to pay $192,500 in back wages

Due

A Pontiac Mexican supermarket will pay $192,500 in back wages, damages, and penalties after a labor investigation. Carnival Market Inc. is a Mexican specialty supermarket and restaurant that the Department of Labor has investigated regarding employee wages and overtime. It has been found that the location’s owners illegally denied workers overtime wages and later demanded some workers transfer their wages and damages to them.

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Global GDP Themes and Forecasts

Loomis Sayles Credit Research

The US economy has continued to grow at an exceptional level. The wealth effect on consumer spending has been a strong tailwind. US equities and credit spreads reflect market expectations for a soft landing. Inflation has been a little sticky of late but should decelerate, in our view. We expect more Fed cuts, potentially down to approximately 3.5%, if the labor market softens.

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