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Recent Posts by Megan Carswell

Why Communication Is Essential To A Better Borrower Experience

Why Communication Is Essential To A Better Borrower Experience

Timely payments from borrowers are vital to maintaining a healthy lending business. One way to increase payments is through an open and effective line of communication. No matter what type of loan you’re dealing with — car, personal or mortgage — lenders and borrowers should be able to easily communicate to ensure both sides remain in good financial standing. 

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How Lenders Can Improve Digital Payment Security

How Lenders Can Improve Digital Payment Security

Digital payment technology has made tremendous strides over the years, enabling anyone to receive or make payments from almost anywhere. Offering consumers digital payment options gives lenders a significant advantage but also opens the door to potential bad actors. Financial institutions store highly valuable information, making them the perfect targets for security breaches. As a result, security risks are rising, making it essential for lenders to implement safety measures that minimize these...

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Digital Wallets and Mobile Payments: Why Are They Important?

Digital Wallets and Mobile Payments: Why Are They Important?

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What Size Payments Processor Is Right For Your ISO Program?

What Size Payments Processor Is Right For Your ISO Program?

Payment processors are essential for any business that accepts customer payments or makes payments to their vendors. They are particularly beneficial to Processing ISOs and Retail ISOs who own merchant portfolios. Because payment processors come in all shapes and sizes, it can be challenging to decide what size processor will best support the ISO's goals.

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Driving Debit Card Adoption Can Decrease Delinquent Payments

Driving Debit Card Adoption Can Decrease Delinquent Payments

When you open your wallet to make a payment on a loan or bill, have you ever considered why you reached for a particular payment method? Whether you are trying to earn travel miles on a credit card or are being mindful of your budget with debit cards, we all have different reasons for making our payment choices.

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How Lenders Can Take Advantage of Tax Season

How Lenders Can Take Advantage of Tax Season

Most people dread tax season — a typically chaotic time of year when we scramble to get our documents organized in a timely and accurate manner. Some of us get them done early, while others wait until the last minute.

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Reasons Checks Are Not Cutting It for Businesses

Reasons Checks Are Not Cutting It for Businesses

For many businesses, 2022 was a year of digital transformation. Continuing through 2023, we expect more companies to leave behind the days of paper and manual processes and take that first step to digitize processes by automating their payment procedures and ditching paper checks.

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Forms of Payment Fraud and How to Address Them

Forms of Payment Fraud and How to Address Them

Payment fraud has been rising for years as fraud schemes become easier to execute. The increased reliance on digital platforms, processes and payments has given fraudsters more ways to commit crimes. Studies show that in 2023, businesses' cost of fraud could rise by $7 billion, bringing the total to $48 billion. With such staggering predictions, taking the necessary precautions to mitigate these attempts is essential. 

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Tech That Pays — How Digital Payment Technology Can Improve Your Bottom Line

Tech That Pays — How Digital Payment Technology Can Improve Your Bottom Line

Organizations are under immense pressure to do more with less in today's economy. After relying on traditional business processes and legacy systems for years, they're now having to step out of their comfort zones in search of ways to enhance operations and cut costs. Digital payment technology has emerged as a viable approach to improve and streamline back-office functions such as AP (accounts payable) and AR (accounts receivable), eliminating costly bottlenecks. 

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Florida School System Generates Revenue Through Virtual Card Program

Florida School System Generates Revenue Through Virtual Card Program

REPAY partnered with a Florida school system to optimize its payments to vendors. As one of the largest public school systems in the United States, the system has over 270,000 students across 300 schools and educational centers.

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