CBA Live 2024: Why EverChain is Heading to DC
Banking’s Future: Tech Trends, Compliance, and Networking at CBA Live We’re thrilled to share that EverChain is gearing up for CBA Live 2024, happening in Washington, DC, from March 25–27. This event is the go-to gathering for those in the retail banking sector, offering a chance to dive into insightful keynote addresses, engaging workshops, and […]
Revolutionizing Debt Resolution: EverChain Adding E-Signatures
Discover EverChain’s Coming E-Signature Feature At EverChain, we’ve been pioneering compliant and secure debt sales solutions for over a decade, always with a keen focus on enhancing recovery for both creditors and consumers. Today, we’re excited to preview a groundbreaking addition to our platform that’s set to transform the way you engage in debt resolution: […]
Facing the Storm: 2024’s Challenges for Credit Card Issuers
How Creditors Can Leverage Offset Rising Charge-offs and Delinquencies The coming year poses significant challenges for issuers of middle-market consumer credit cards, as highlighted in a recent American Banker article by Kate Fitzgerald. With an economy rebounding post-pandemic, many loans approved during the surge in spending and travel are now turning sour. Inflation continues to […]
EverChain’s New Era: Introducing Suraj Nekram and Rebecca Taylor
Driving Innovation and Integrity: New Leaders Join the EverChain Team At EverChain, we’re not just about business; we’re about making a difference. Our purpose is to look out for one another by creating dignity for the consumer and protecting your brand, and as we step into 2024, we’re thrilled to welcome two remarkable leaders who […]
Join EverChain at the 2024 RMAI Annual Conference: A Gateway to Industry Excellence
We’re thrilled to share that EverChain is not just attending but also sponsoring the RMAI Annual Conference happening this week in Las Vegas, from February 5–8, 2024. But let’s be real, calling it just an ‘event’ hardly does it justice. This is the place to be for anyone and everyone in the receivables management industry. […]
Debt Collectors Can Bolster Compliance Efforts with Account Monitoring Processes
The scenario presented in this recent ACA article highlights the complexities and legal ramifications debt collectors face when unknowingly contacting consumers who have declared bankruptcy. The court case, Carrasquillo v. CICA Collection Agency, Inc., illustrates how a debt collector was found to have unintentionally violated the automatic stay in bankruptcy because they weren’t informed of […]
Celebrating 6 Years of SOC 2 Type 2 Compliance: EverChain’s Dedication to Data Security
EverChain’s Dedication to Data Security Today, we’re proud to mark a significant milestone – six years of unwavering SOC 2 Type 2 compliance. It’s not just a badge of honor; it’s solid proof of our commitment to keeping your data safe and sound. Let’s dive into what this means and why it’s so important, especially […]
Webinar – Reviving Financial Resilience – TransUnion’s Recovery Model & Legal Strategies Unveiled
Reviving Financial Resilience RMAi recently presented a TransUnion-sponsored webinar titled “Reviving Financial Resilience: TransUnion’s Recovery Model and Legal Strategies Unveiled,” which focuses on TransUnion’s recovery model and legal strategies for debt collection. It highlighted using data to build predictive models, which replace manual reviews and provide empirical results. Key elements include credit, demographic, non-traditional credit, […]
The Buy Now, Pay Later Phenomenon
The Rise of BNPL: A Financial Revolution In our dynamic financial era, the Buy Now, Pay Later (BNPL) model isn’t just a trend—it’s a revolution. Projected to boost global consumer spending to an astonishing $437 billion by 2027, BNPL is reshaping not just consumer behavior but also the very fabric of financial decision-making. Understanding Buy […]
Resuming Student Loan Payments Will Affect Consumer Credit Risk
Resuming Student Loan Payments Will Affect Consumer Credit Risk A recently released white paper from BCG and TransUnion explores the impact that resuming federal student loan payments will have on consumer credit markets and provides lenders with guidance to mitigate the increased risk. “How Resuming Student Loan Payments Will Affect Consumer Credit Risk” (November 2023), […]
