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Los Angeles, CA Los Angeles Business Journal has spotlighted CSS Impact, a leader in financial technology solutions, for its groundbreaking use of artificial intelligence in debt collection. The feature, titled “CSS Uses AI For Collection,” details the company’s innovative AI agents, Ava and Ivan, transforming customer interactions in the debt recovery industry.
Wire fraud is the second highest fraud scam impacting financial institutions As fraudsters continue to refine their tactics, financial institutions must remain vigilant to protect both their clients and employees from evolving wire fraud schemes. A single misstepwhether its sending funds to a fraudulent account or clicking on a compromised emailcan lead to severe financial losses and reputational damage.
While there are many conferences for finance professionals , there are no conferences exclusively dedicated to Accounts Receivable (A/R), several events heavily feature this topic, attracting numerous A/R professionals. Below are the top five conferences in the USA for 2025 that offer significant value to those in the accounts receivable department and finance sectors.
After a lifetime of hard work and dedication, retirement is a time for unwinding and relaxing. Even though retirement is primarily associated with physical relaxation and more free time, its equally important to consider a less tangible yet equally vital aspect of well-being: mental wellness. After all, to truly enjoy retirement, we must nurture our mental and emotional well-being like our physical health.
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.
Top 5 Benefits Using Business Credit Cards for Business In the competitive landscape of business today, managing finances effectively is crucial for both growth and sustainability. One useful financial tool that can significantly streamline financial management is a business credit card. Unlike personal credit cards, business credit cards offer unique advantages tailored specifically for the […] The post Top 5 Benefits of Using Business Credit Cards for Your Business appeared first on Busi
The stock market experienced its most significant downturn of 2025 as the Services Purchasing Managers Index (PMI) reported concerning numbers for January. The data revealed that the service sector, representing approximately 70% of the U.S. economy, entered a contractionary phase. Understanding the Services PMI Impact The Services PMI serves as a critical economic indicator that measures the health of various service-based industries, including: Restaurants Hotels Airlines Financial services Te
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The stock market experienced its most significant downturn of 2025 as the Services Purchasing Managers Index (PMI) reported concerning numbers for January. The data revealed that the service sector, representing approximately 70% of the U.S. economy, entered a contractionary phase. Understanding the Services PMI Impact The Services PMI serves as a critical economic indicator that measures the health of various service-based industries, including: Restaurants Hotels Airlines Financial services Te
When Bench suddenly ceased operations and left thousands of businesses stranded, it reignited an important conversation about the tools we choose to keep our businesses running. Bench was known for its proprietary accounting system, which unfortunately became an obstacle for its clients during the transition. This event underscores an essential lesson for every business owner and entrepreneurchoosing the right accounting system can make or break your operations.
In February, consumer confidence in economic wellbeing plummeted and was the largest decrease in confidence since August 2021. Many are not happy with the lack of lowering inflation by President Donald Trump Consumer Confidence Plummets The consumer confidence index , a standardized indicator of future household consumption and saving dropped from 105.3 to 98.3, much lower than the expected 103.
Returning to this subject once again and at the risk of repeating myself, Trump’s promised tariffs of 25% on EU goods are seriously unwelcome news. Even so, the markets have reacted negatively but not too negatively. My take on that is that the markets are sensing that this might all be bluster in the typical Trump manner. Yes it is a familiar (although I believe misconceived) tactic to start a negotiation by taking an extreme line and rowing back from that point and maybe thats being fact
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