Collections news and trends

Chaser Promotes SMS Payment Reminders by Absorbing Processing Costs
Accounts Receivable // January 03, 2024

Chaser, a global accounts receivable (AR) platform and credit control service provider, is promoting the adoption of SMS payment reminders by enabling businesses to pay nothing for SMS usage from January to June 2024. During this time, the company will absorb the costs associated with processing SMS,...

Alternative Payments Adds Collections Support for B2B Payments
B2B Payments // December 18, 2023

Alternative Payments has launched a product designed to improve the accounts receivable (AR) collections process for services companies.  The new Collections Assist product joins the company’s B2B payments and checkout infrastructure offerings, Alternative Payments said in a Monday (Dec. 18) press release.  What sets Alternative Payments apart is...

Chaser Deploys AI to Predict Best Times for Payment Reminders
artificial intelligence // August 02, 2023

Chaser, a global accounts receivables (AR) platform and credit control service provider, has launched an artificial intelligence (AI)-powered “recommended chasing times” feature designed to help businesses optimize collections efforts and improve cash flow. This new feature uses AI to predict the best times for businesses...

Manual Reconciliation Tops List of Bill Payment Headaches for Executives
Accounts Receivable // January 09, 2023

Manual reconciliation of customers’ bill payments is sending finance executives in search of aspirin. That’s according to research in the December 2022 edition of PYMNTS’ “The One-Stop Bill Pay Playbook,” which found manual reconciliation to be the most common headache payment executives face when their...

Interviews & Exclusives
Manual Reconciliation Tops List of Bill Payment Headaches for Executives

January 09, 2023
Manual reconciliation of customers’ bill payments is sending finance executives in search of aspirin. That’s according to research in the December 2022 edition of PYMNTS’ “The One-Stop Bill Pay Playbook,” which found manual reconciliation to be the most common headache payment executives face when their customers go to pay their bills. Other common headaches include […]

Quick Reads
Stake Expands Rent Collections Capabilities With Circa Acquisition

June 13, 2024
Stake has acquired Circa to help reduce delinquencies and arrears in the rental economy by offering both rent incentives and collections management. This acquisition, which was completed earlier in June, adds Circa’s free payment processing and success-based collections management to Stake’s loyalty, renter banking services and incentive optimization services, the companies said in a Thursday […]

Chaser Promotes SMS Payment Reminders by Absorbing Processing Costs

January 03, 2024
Chaser, a global accounts receivable (AR) platform and credit control service provider, is promoting the adoption of SMS payment reminders by enabling businesses to pay nothing for SMS usage from January to...

Alternative Payments Adds Collections Support for B2B Payments

December 18, 2023
Alternative Payments has launched a product designed to improve the accounts receivable (AR) collections process for services companies.  The new Collections Assist product joins the company’s B2B payments and checkout infrastructure offerings,...

Chaser Deploys AI to Predict Best Times for Payment Reminders

August 02, 2023
Chaser, a global accounts receivables (AR) platform and credit control service provider, has launched an artificial intelligence (AI)-powered “recommended chasing times” feature designed to help businesses optimize collections efforts and...