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Home Daily Digest

Daily Digest – September 13. Payment Processor Offers No-Cost-To-Biller Solution; BK Filings Increase in August

mikegibb by mikegibb
September 13, 2017
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The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide. 

PAYMENT PROCESSOR OFFERS NO-COST-TO-BILLER SOLUTION

  • Compliance is king these days in the ARM industry. That includes how collection agencies and debt buyers process payments, as well. A new payment processing company that just came to market — LucentPay — is seeking to position itself by aiming to help collection agencies and debt buyers tighten their compliance while also reducing their costs.

 

IN MEMORIAM: MARCUS TAYLOR

  • Marcus Taylor, a recently promoted assistant manager at Diversified Consultants Inc. passed away last week. Marcus had just been hired at the Louisville office of the collection agency in May. He leaves behind a wife and young daughter.

 

BK FILINGS INCREASE IN AUGUST FROM JULY

  • Bankruptcy filings increased 11% in August compared with a month earlier, according to data from the American Bankruptcy Institute. Business filings were 13% higher while consumer filings were up 11% on a month-over-month basis. On a year-over-year basis, the number of total filings was essentially flat.

 

WORTH NOTING: Median income in the U.S. increased 3% in 2016 compared with 2015, and the 8% growth during the past two years is the highest in five decades … Looking at the new iPhones that were released yesterday … All the changes coming to iOS 11 next week … Not for the faint of heart: a “fatberg” is clogging up sewers in London … Nearly 20% of parents say they’ve given their 8-to-14 year olds a credit card to use … The mayor of Seattle is resigning after a fifth man has come forward with claims of sexual abuse … The best and worst cities for jobs this Fall … Eight mistakes you can make shopping at Costco … How to trick your brain to like receiving criticism … What the future of email will look like.

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The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide. 

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