RMAi Blog

OCTOBER 14, 2024

In This Update Earlier this month, the CFPB issued an Advisory Opinion reminding debt collectors of their obligation to comply with the Fair Debt Collection Practices Act and Reg F’s prohibitions on false, deceptive, or misleading representations in the collection of medical debt (see RMAI’s October 4, 2024 Member Alert ). The Advisory Opinion increases the scrutiny on those collecting medical debt by requiring substantiation of the medical debt as well as ensuring documentation of payments, rec

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TreviPay

OCTOBER 14, 2024

Three of the world’s five oldest companies are hotels. The oldest is over 1,300 years old: the Nishiyama Onsen Keiunkan hotel in Japan, founded in 705 AD. It has thirty-seven rooms, natural hot springs, and has been run by the same family for fifty-two generations. So, hotels have been around for a long time. But nowadays, innovation is essential if they want to thrive in a competitive industry.

Credit and Collections 101

Credit and Collections Transactions 101

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OCTOBER 14, 2024

A study conducted by business and analytics firm S&P Global states that countries will default more frequently on their foreign currency debt. A recent Reuters report discussed the statistics provided as part of the S&P Global Rankings in detail. They show that several nations with stable financial circumstances may face the risk of defaulting on foreign debt in the coming years. “Sovereign defaults have significant implications for economic growth, inflation, exchange rates, and t

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TMC Financing

OCTOBER 14, 2024

131 Arizona Small Businesses Supported, Securing $401 Million in Total Financing for Fiscal Year 2024 For the third year running, TMC Financing remains Arizona’s leading U.S. Small Business Administration (SBA). The post TMC Financing Remains Arizona’s #1 SBA 504 Commercial Real Estate Lender for the Third Consecutive Year appeared first on TMC Financing.

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OCTOBER 14, 2024

Teva Pharmaceuticals has agreed to pay $450m to settle allegations that it violated several government acts and a raft of kickback allegations. On two serious occasions, it was alleged that Teva Pharmaceuticals breached the Anti-Kickback Statute (AKS) and the False Claims Act (FCA). The New Jersey company is the largest generic drug manufacturer in the United States and a trusted name in the pharmaceutical world.

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Know-It Global

OCTOBER 14, 2024

As a small or medium-sized enterprise (SME), managing cash flow is crucial to your business’s success. Unfortunately, late payments can disrupt your financial stability and growth. When invoices go unpaid despite reminders, it’s time to consider sending a Letter Before Action (LBA). What is a Letter Before Action (LBA)? A Letter Before Action (LBA) is a formal letter sent to a customer or client who has failed to pay an outstanding invoice.

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Debt Collections 52

TMC Financing

OCTOBER 14, 2024

Achieving over $120 million in Total Financing Since Expanding into the State For the second year in a row, TMC Financing has been recognized as Oregon’s No. 1 U.S. Small. The post TMC Financing Ranks as Oregon’s #1 SBA 504 Lender appeared first on TMC Financing.

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OCTOBER 14, 2024

The Federal Reserve, the central banking system of the United States, wields a significant influence on the country’s economy. Its decisions on interest rates can ripple through everything from the stock market to the average American’s mortgage payment. Recently, renowned economist Dr. Ed Yardeni made a bold prediction: the Federal Reserve is done cutting interest rates this year.

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Team Financial Group

OCTOBER 14, 2024

Consumers have come to expect immediate results and instant gratification in today’s tech-driven world, which means business owners need to move products and information faster than ever. However, small businesses don’t always have resources to dedicate to the latest IT hardware, automation equipment, or staying ahead of technology obsolescence.

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Deductions Small Businesses 52

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OCTOBER 14, 2024

Allstar Health Providers Inc., based in California, is set to pay $399,990 to the United States to resolve allegations that it violated the False Claims Act (FCA) regarding Paycheck Protection Program (PPP) loan rules. The company’s owner, Maria Chua, has also been found complicit in the loan saga and will contribute to the payments made to settle allegations that the healthcare provider knowingly breached PPP statutes.

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Small Businesses 52

TMC Financing

OCTOBER 14, 2024

Achieving over $120 million in Total Financing Since Expanding into the State For the second year in a row, TMC Financing has been recognized as Oregon’s No. 1 U.S. Small. The post TMC Financing Ranks as Oregon’s #1 SBA 504 Lender for the Second Consecutive Year appeared first on TMC Financing.

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Small Businesses 52

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OCTOBER 14, 2024

Generally, annuities are financial contracts that provide the purchaser with a guaranteed income stream. Regular payments or a lump sum are both ways to invest in annuities. In return, the institution pays the annuitant for a set period or for life. Typically, annuities provide retirement income. By providing a consistent source of income, they can reduce the risk of outliving savings.

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Cpcmcredit Blog

OCTOBER 14, 2024

According to the Times today, 72% of retailers across Europe are planning to expand their “physical presence” which is up from just 26% in 2022 On the face of it, this is a very surprising statistic in the face of the relentless march of Amazon but as i’ve posted here before, for man the actual shopping experience is a pleasure. And when you struggle with a heavy parcel to be returned to a surly local newsagent because the sizing or colour wasn’t quite what was expected,

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OCTOBER 14, 2024

Managing expenses and minimizing the impact of rising prices can be challenging in the summer. However, you can reduce the impact of seasonal inflation by implementing small daily habits. Using these eight daily habits, you can beat summer inflation in order to protect your savings while also enjoying the season. Related: What Causes Inflation? Everything You Need To Know. 1.

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Emagia

OCTOBER 14, 2024

In just two years, Generative AI (GenAI) has emerged as one of the most innovative technologies of the 21st century, reshaping industries from entertainment to healthcare. Its ability to create new content, enhance decision-making, and optimize processes positions generative AI not only as a technological advancement but as a driver of innovation. Although still in its early stages, adoption presents significant opportunities and challenges.

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Invoice to Cash 52

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OCTOBER 14, 2024

Silicon Valley is fast-paced, and startups come and go at breakneck speed; few stories stand out as clearly as that of Keith Peiris, co-founder and CEO of Tome. What began as a multimodal AI storytelling platform designed for a broad audience has now evolved into one of the most innovative AI-driven tools for sales teams, all thanks to Peiris’ bold decision to zero in on highly-specific use cases.

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Loomis Sayles Credit Research

OCTOBER 14, 2024

The US national election year of 2024 has been extraordinary in so many ways. It is understandable that some are worried about the electoral process. Despite the uncertainty, the process will remain intact. The rules governing the Electoral College are encoded in US federal law. The rules cannot be changed without changing the Constitution and federal law.

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