Credit Research Foundation

FEBRUARY 8, 2024

Opinions on the economy seem to be like the weather report – somewhat correct and somewhat missing the mark. What is true is that bankruptcies are up and there is more risk in the economy than we have seen in the past several years. CRF was fortunate to have Ryo Tashiro, Outreach Economist from the Philadelphia Federal Reserve, speak in our 2024 webinar series and provide clarity across the economic landscape.

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Bankruptcy 195

Accounting Department

FEBRUARY 8, 2024

Have you or your clients outgrown Quickbooks or a related solution? Need to streamline the process of handling operations? Stuck in an old system that is slowing down growth? Then this session is for you. Join Jennie Hoffman of AccountingDepartment.com and Chrissy Allard of goVirtualOffice as they take you through the signs that you have outgrown your current systems and tell the stories of businesses that have harnessed the power of an ERP.

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Abrigo

FEBRUARY 8, 2024

Romance scams are costly and cruel, and happening everyday. You may not be in the market for a relationship, but you can help protect others from falling for romance scams. You might also like this on-demand webinar explaining how fraudsters use checks to their advantage. WATCH Takeaway 1 Romance scams are one of the most common forms of fraud schemes seen in the U.S. , with reported losses of a staggering $1.3 billion.

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Cybersecurity Transactions 88

Reorg Blog

FEBRUARY 8, 2024

Barring a significant turnaround in operations, Lai Sun Development Company Limited could face a liquidity shortfall of up to HKD 4 billion.

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Abrigo

FEBRUARY 8, 2024

Client fraud education to prevent banking losses Financial institutions play a crucial role in safeguarding customers and members from fraud. Fraud education is key. You might also like this infographic: 5 Fraud typologies impacting you and your customers or members. DOWNLOAD Takeaway 1 U.S. consumers lost billions of dollars due to fraud during 2023.

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Credit Unions Transactions Small Businesses Cybersecurity 78

Enterprise Recovery

FEBRUARY 8, 2024

Accounts receivable is an essential aspect of any business's financial management. It refers to outstanding payments owed to your company for goods or services provided on credit or with an agreement that payment is owed. By allowing your business clients to defer payment, your company can attract more clients and increase sales. Managing A/R effectively , however, is crucial to maintain a healthy cash flow.

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Debt Collections 52

Due

FEBRUARY 8, 2024

The commercial real estate market has been in turmoil over the past two years, experiencing a significant downturn. The market has seen a 40% drawdown since early 2022. The severity of this decline has been so extreme that it has been likened to “blood in the streets,” a phrase often used to describe a market that has been heavily sold off and is potentially ripe for savvy investors to step in.

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Credit Tools

FEBRUARY 8, 2024

On February 1st, My DSO Manager's team attended the British Credit Awards hosted by The Chartered Institute of Credit Management in London. Let's take a look at this wonderful night !

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DSO Credit Management 52

SOA People

FEBRUARY 8, 2024

The European credit transfer (SEPA Credit Transfer) and the European direct debit (SEPA Direct Debit) were introduced in 2008 and 2009 respectively. The European Commission (EC) and the European Parliament believed this implementation was happening to slowly and prepared legislation in 2010 to legally regulate migration. In 2012, the final version of the EU regulation was adopted by the European Parliament and thus came into force and is binding for 36 countries.

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Credit Management 52

Cpcmcredit Blog

FEBRUARY 8, 2024

The number of online-only retailers going bust has soared to a record high as the “pendulum swings back towards bricks-and-mortar retail”. A total of 615 businesses entered insolvency last year , an increase of 13 per cent compared with 2022, when 545 companies collapsed, according to Price Bailey. It may come as a surprise to some but the High street is fighting back strongly against the online retailers. “Online retail” is now a pretty high risk sector and in my view there are a n

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Reorg Blog

FEBRUARY 8, 2024

The post UPDATE 1: Analysis: Lai Sun Development May Face Up to HKD 4B Liquidity Shortfall as $500M Due’26s Mature; Credit, Corporate Structures Suggest Favorable Downside Enforcement Prospects; But Amendment Provisions Provide Contractual Cram-In Mechanism For Money Terms appeared first on Reorg.

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Cpcmcredit Blog

FEBRUARY 8, 2024

The story is behind the Times paywall but in essence “Government staff have been sacked for allegedly sharing details of potential jobs with private sector insolvency practitioners. The government’s Insolvency Service said three people had been dismissed “following an investigation into case data being improperly shared with two insolvency practitioners”.

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Eagle Business Credit

FEBRUARY 8, 2024

In small business financing, the influence of interest rates is a critical factor shaping various funding options. It is important to understand specifically how interest rates impact small business financing options. There is typically a straightforward connection between interest rates and the cost of small business financing, but some financing options that do not require repayments can be excluded from this.

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Small Businesses Invoice Amount 40

Due

FEBRUARY 8, 2024

Let’s forget about snake oil and miracle cures. Bryan Johnson, an iconoclast from Silicon Valley who sold his company Braintree for $800 million , hacks his own biology through good old-fashioned grit — primarily with barbells and doing burpees. His secret weapon? Well, there are many things, but today we’ll be talking about his home gym and, more importantly, his anti-aging home gym.

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