Payment Processing Tips
Regulation F – What is it?
In 2020, the Consumer Financial Protection Bureau (CFPB) published two rules which implement the Fair Debt Collection Practices Act (FDCPA). This federal law, known as Regulation F goes into effect…
The 4-1-1 on Skip Tracing
When a consumer defaults on payment, you first contact them about the missed payment. What happens when that customer vanishes completely? To collect debt more quickly, many businesses utilize collection…
3 Payment Trends to Watch
Payment trends are a powerful signal of how businesses and consumers respond to fundamental global changes in technology, demographics, policy, and the economy. Payments have become not only digitalized but…
Steps to Successfully Set Up a New Business
Starting a new business is an exciting new adventure for many people. Those new to the world of small businesses tend to become overwhelmed with all of the latest information…
A Guide to B2B Debt Collection
Got unpaid invoices piling up? You’re in good company. When other businesses don’t pay for your products or services, it creates a domino effect – suddenly, you’re struggling to make…
The Data Privacy Policy: A Website’s Best Friend
Companies and business owners are responsible for safeguarding the personal data of their customers. Simply put, if you collect it then you need to protect it! A data privacy policy…
3 Tips to Successful Debt Negotiation
Collection agencies often find themselves in a tough position when attempting to collect on a delinquent account. If they have no prior relationship with the debtor, it can be nearly…
How to Expedite a High-Risk Merchant Account Approval
High-risk merchant account approval is not easy. Turn-around times and approval criteria vary from processor to processor. Both of these processes can take an extended amount of time. In the meantime,…