ARM 3rd Party
Payment Portals: Electronic Payments and Card Fees – The Final Hurdle
Electronic payments and fees go hand-in-hand with your payment portal. Third-party collections agencies must understand the regulations around these fees when deploying a payment portal.
Read MoreThe Role of AI in Collections
AI is no longer a “nice to have.” It is now table stakes, and the effective use of AI is becoming critical for collections agencies to increase collections without increasing costs.
Read MorePayment Portals: The Checklist Approach
Before launching your third-party collections payment portal, review these important and necessary elements to see if your portal checks all the boxes and is ready for prime time.
Read MoreIn Agreement: Understanding Consumer Agreements for Payment Portals
Consumer agreements are an important part of any payment portal. They enhance transparency for the user and compliance for your organization, as well as help improve overall payment efficiency. Collections agencies must understand the different consumer agreements and how they can affect your payment portal.
Read MoreWhat to Look for in a Payment Portal
Payment portals are becoming a necessity for collections and recovery agencies. These portals can simplify the collections process, help increase recovery rates, and improve the consumer experience.
Read MoreConfiguration or Customization? The Best Choice for Third-Party Collection Agencies
Configurable software is the best choice for third-party collection agencies to address industry challenges and propel their business forward.
Read MoreThe Ruling is In: CFPB Funding Is Constitutional
Our Senior Compliance Counsel, Rozanne Andersen, looks at the impact of the recent U.S. Supreme Court ruling that CFPB funding is constitutional.
Read MoreMore Secure in the Cloud? Exploring Cloud Security
Cloud security might prove a better option than securing data in your on-premises data center.
Read MoreTrends 2024: The Good, The Bad and Anyone’s Guess
Four trends should be top of mind for collection agencies in 2024.
Read MoreMinnesota Collections Agency Improves Customer Satisfaction and Saves Money with Finvi Payments
As Central Resources became increasingly frustrated with the attentiveness and overall customer service of its payment provider, owner Phaen Waldron turned to Finvi, the company’s collections and revenue recovery partner. Timing was perfect — Finvi had recently introduced a new integrated payment solution which would work cohesively with Central Resources’ current Finvi products to streamline…
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