Debt Collection

NexaCollect Rolls Out B2B Division For Commercial Debt Collection
NexaCollect Rolls Out B2B Division For Commercial Debt Collection
June 22, 2020  |  B2B Payments

To help firms retrieve funds from past-due invoices, NexaCollect has rolled out a B2B arm that provides information about commercial debt collection, according to an...

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Will New CFPB Rules Finally Be Able To Put Zombie Debt To Rest?
Will New CFPB Rules Finally Be Able To Put Zombie Debt To Rest?
March 03, 2020  |  Debt

The phenomenon of zombie debt is not new to the U.S. economy — nor are consumer complaints about collection agencies that use aggressive tactics in...

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CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities
CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities
January 27, 2020  |  CFPB

For the Consumer Financial Protection Bureau (CFPB), 2020 may be a landmark year. There’s the looming question over the agency’s very constitutionality, recent definitions of...

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How SMBs Can Address Late Payments — Before They Happen
How SMBs Can Address Late Payments — Before They Happen
January 10, 2020  |  B2B Payments

Few small businesses (SMBs) are immune to the risk of delayed and late payments. With payment terms an age-old practice in B2B trade, ensuring trust...

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India’s Rapid But Rocky Transition Into Digital Financial Services
India’s Rapid But Rocky Transition Into Digital Financial Services
December 05, 2019  |  Alternative Finances

While much of the world is profoundly different at the end of this decade than at the beginning, there are few places on the planet...

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CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
CFPB’s Debt Collection, Payday Lending Rules Come Under Fire In Congressional Hearing
October 16, 2019  |  CFPB

Payday lending practices again came under fire Wednesday (Oct. 16) from members of the U.S. Congress, as Kathy Kraninger, director of the Consumer Finance Protection Bureau...

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Congresswoman’s Bill Seeks To Curb Aggressive Debt Collection
Congresswoman’s Bill Seeks To Curb Aggressive Debt Collection
October 11, 2019  |  CFPB

U.S. Rep. Ayanna Pressley of Massachusetts has introduced new legislation that would require the Consumer Financial Protection Bureau (CFPB) to regulate the debt collection industry....

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Can Payments Solve Healthcare’s $20K-Per-Family Cost Burden?
Can Payments Solve Healthcare’s $20K-Per-Family Cost Burden?
September 30, 2019  |  Healthcare

We all know the drill. After receiving treatment at a hospital (whether an in-and-out affair, such as an MRI, or a multi-day stay in a...

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Comment Period Extended For CFBP Debt Proposal
Comment Period Extended For CFBP Debt Proposal
August 02, 2019  |  Regulation

The Consumer Financial Protection Bureau (CFPB) has extended the comment period for its Notice of Proposed Rulemaking (NPRM) before it implements the Fair Debt Collection...

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