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AGENCIES SHYING AWAY FROM CONVENIENCE FEES, AS ONLINE PAYMENT PROCESSING KEEPS GROWING: BILLINGTREE SURVEY
- Compliance concerns are pushing collection agencies from charging convenience fees, and for the first time, online payment processing was the most common form of payment accepted by agencies, according to the results of an industry survey conducted by payment processing company BillingTree. This year marks the fifth straight year that BillingTree has conducted the survey, and nearly 200 agencies participated. A copy of the survey’s results are available here.
ABC-AMEGA HANDS MORE RESPONSIBILITIES TO CFO
- ABC-Amega has announced that Robert States has been promoted to Executive Vice President, in addition to his role as the agency’s Chief Financial Officer. States has been with the company since 2011. He oversees the agency’s finance and information technology operations.
CONSUMERS PAINT CONTRADICTORY PICTURE OF FINANCIAL HEALTH FOR NEXT 12 MONTHS
- More consumers expect to miss a debt payment in the next 12 months, even though individuals are more optimistic than ever about their overall financial situation, according to a survey conducted by the Federal Reserve Bank of New York. The number of consumers who expect to miss a debt payment in the next 12 months increased to 12.2%, from 11.2% in March. More than 44% of consumer expect to be better off financially 12 months from now, while 11% expect to be worse off, according to the survey.
WORTH NOTING: Fidget spinners are the hot new toy and are selling out everywhere … Women bear a larger burden when it comes to dealing with healthcare costs than men do, according to a study … Neither President Trump nor the FBI are backing down and the fight looks like it’s going to get worse before it gets better … Credit and debit card fraud alerts have spiked … Your mean boss is miserable … Why you should avoid waking up at 5 a.m. every day … Full-time jobs are easier to get … Steve Harvey had some interesting rules for the staff of his TV show … Merriam-Webster is making a killing by trolling President Trump.
Driving $450,000 Ford GT
Learning how to mime is harder than it looks
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The Daily Digest is sponsored by T-Max Dialer & Communications, the leader in hosted inbound and outbound dialer technology.
