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Managing Delinquencies in Subprime Auto

Managing Delinquencies in Subprime Auto

Delinquencies were increasing before the virus outbreak. What happens now? Even before the massive drop in economic activity due to COVID-19, there were signs of trouble brewing on the subprime loan side of the auto lending market. Now more than ever, it's important for subprime lenders to understand and effectively manage these delinquencies.

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REPAY Outlines How Businesses are Innovating Due to COVID-19

REPAY Outlines How Businesses are Innovating Due to COVID-19

Operating a business can be hard and the COVID-19 virus (also known as Coronavirus) has made things more challenging than ever with at least 311 million people in at least 41 states being urged to stay at home, and about 30 percent of American’s unable to work from home. The last few weeks have been a whirlwind for us all; changing how we are living, working and communicating around the globe.

Our world shifted quickly, according to PYMNTS reports, just a month ago, we were all in our offices, kids were in...

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Personal Loan Demand and COVID-19. What Now?

Personal Loan Demand and COVID-19. What Now?

Our appetite for borrowing only continues to grow, Coronavirus or not.

Debt levels are rising despite what has been eleven years of favorable economic performance. That was before the Coronavirus outbreak. Borrowing demand, however, is likely to remain strong, if not just a little delayed, despite the forced global slowdown.

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Why Credit Unions Should License Payment Technology

Why Credit Unions Should License Payment Technology

Does your credit union use technology to make things easier for members?

Mambu, Salesforce, Microsoft Office 360, Google G Suite, and Leasewave

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Payment Options for Millennial Borrowers

Payment Options for Millennial Borrowers

At this point, millennial borrowers probably make up a large portion of your customer base, so it’s important to understand their spending habits and priorities. The American Institute for Certified Public Accountants (AICPA) conducted astudyof millennials and found 70% believed that financial stability was the ability to pay all their bills each month. So, according to millennials, stability means striving for zero payments due at the end of the month.

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Tax Season is a Huge Payment Opportunity for Auto Dealers & BHPH

Tax Season is a Huge Payment Opportunity for Auto Dealers & BHPH

Take advantage of one of the few times of year you KNOW your customers have money for both down payments and loan payments.

The average tax refund last year was $2,869, according toMarketwatch.

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Tokenization vs Encryption in Payment Processing

Tokenization vs Encryption in Payment Processing

Because both tokenization and encryption in payment processing can help prevent hacking or unauthorized access, they’re often used interchangeably. However, they function very differently. As a business owner, you should know the differences between these two security measures to choose the most appropriate one to protect your data and secure customer payments.

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Top 3 Problems with Payment Processing in Healthcare

Top 3 Problems with Payment Processing in Healthcare

Payment processing in healthcare is one of the most complex and challenging problems facing the industry. As technology and policies continue to evolve, healthcare providers are struggling to keep up with the financial side of patient care. 

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The 3 Biggest Benefits of Integrated Payment Processing

The 3 Biggest Benefits of Integrated Payment Processing

Merchants today are savvy and know the importance of getting the best deal they can for payment processing.  What many merchants fail to realize is how critical integrated payment processing can be to streamline workflows and save money. There’s no easier or better way to improve your bottom line than implementing an integrated payments solution that works with the business systems you already use today.

Integrated payments enables you to save time and money, benefit from Level 3 discounted rates for B2B...

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What is Payment Processing?

If you have a product or service, you need to provide customers with every payment processing method available. Only 20 short years ago, check and card payments were the only way to go. Now, there is a multitude of payment options for consumers to choose from.

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