Check vs. ACH; Yes, there is a huge difference for the Fraudsters

Apr 11, 2012 Dave King

Are your check verification procedures robust enough to keep the fraudsters at bay? Online fraud is becoming a serious epidemic worldwide, and so far, it just keeps getting worse. In the last couple years, hacking attacks have quickly moved

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When is a Check Not a Check?

Apr 04, 2012 Dave King

When it is taken electronically or more commonly known, as a “customer-not-present” transaction. There are very few tools to manage risk for such transactions. At least in a face to face transaction the check acceptor has the option

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CFPB on Collections, Accounts in Default, and Consumer Reporting

Mar 29, 2012 Admin

A CFPB examination of any lender generally involves a review of the collection practices of that lender. However, according to the CFPB Short Term and Small Dollar examination manual, companies which collect on their own behalf are not prone

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What's going on in Washington? How the CFPB is Changing the Alternative Finance Industry.

Sep 26, 2011 Todd Milner

The mood in Washington among Republicans concerning the CFPB is stalemate.  According to Michael Schreiber writing for on 9/12/2011, the stalemate comes after President Obama nominated Richard Cordray to become the

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