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?? Follow Receivables Info for Exclusive Industry Insights! ?? Stay informed on the latest in debt collection, receivables management, and compliance with expert insights, exclusive interviews, and industry updates! ?? Watch this video and see why professionals across the debt collection industry trust us for the latest trends and expert discussions. ?? Don’t miss out – FOLLOW us today for real-time updates and valuable content! #ReceivablesInfo #FollowUs #DebtCollection #ReceivablesManagement #IndustryNews #Compliance

?? Cost Management Challenges ?? According to the TransUnion 2024 Debt Collection Industry Report, 41% of companies cite cost management as a top challenge. ?? Insight: Investments in automation and efficiency-focused technology help balance rising operational costs. ?? Learn about cost-saving strategies at https://zurl.co/Lb43y. ?? What tools have helped your company control costs? Share your insights below! #CostManagement #EfficiencyMatters #ReceivablesInfo #FactFriday

?? When AI gets it wrong—who takes the blame? AI hallucinations are real and happening right now. In this clip from AI Hub Podcast, Adam Parks and Tim Collins explore the ethical dilemma of AI-generated misinformation. ?? “If AI hallucinates an error, who is responsible—the AI, the developer, or the person using it?” ?? Key Takeaways: ? AI models generate false information more often than people realize. ? Users must fact-check AI outputs—especially in high-stakes industries. ? AI developers need safeguards to reduce errors, but perfection isn’t possible. ?? Watch the full discussion here: https://lnkd.in/dCEA8da2 ?? Who do you think should be held accountable for AI-generated misinformation? Let’s discuss below! ?? ?? Guest: Tim Collins | Host: Adam Parks #ArtificialIntelligence #AIethics #FinTech #AIerrors #HumanOversight

Excitement is building at Receivables Info as we gear up for the Collection and Recovery Solutions (CRS) 2025 conference! ?? This exclusive, creditor-focused event is set for May 7th–9th at the Four Seasons Hotel in Las Vegas. ?? We’re eager to connect with other industry leaders, share insights, and explore the latest strategies in collections and recovery! ?? https://zurl.co/MnW8b #CRS2025 #CreditAndCollections #ReceivablesManagement

What does true leadership look like in debt collection today? In our newest episode of the Receivables Podcast, we explore accountability in debt collection leadership—not as a concept, but as a daily commitment to team growth, personal integrity, and business sustainability. We sat down with Jeremiah Wheeler of DRN DATA, whose leadership journey offers powerful lessons for every collections firm leader looking to empower their people and evolve their culture. ??Top Moments You’ll Want to Rewind: ? Personal accountability fuels professional success Jeremiah reflects on his own transformation through sobriety and self-awareness—and how it reshaped his approach to leadership. ? Empowerment over micromanagement “When you stop micromanaging and start trusting, teams thrive.” Enough said. ? Build the bench True leadership means preparing others to lead. Succession isn’t optional—it’s essential. ? Balance isn’t a luxury—it’s leadership Jeremiah gets candid about burnout and the cost of neglecting your personal foundation. ??Highlighted Quotes “You can’t lead others if you’re lying to yourself.” — Jeremiah Wheeler, DRN Data “Leadership isn’t about control—it’s about creating space for others to rise.” — Adam Parks, Host, Receivables Podcast ??Watch the Full Episode ??YouTube: https://lnkd.in/d3GgP4BY ??Episode Page: https://lnkd.in/dkMcmPH2 ??More Industry Insights: https://lnkd.in/dFnWWwm8 Join the Conversation ?Watch now to hear firsthand how Jeremiah leads with purpose ??Comment: What’s one way you’re building accountability in your team? ??Share with leaders who need to hear this message ??Follow Receivables Info for more insights that shape the future of debt collection

??Cybersecurity isn’t about breaking in—it’s about tricking you to open the door. ??"A weak password at a CEO almost took down a multi-billion-dollar corporation." – Adam Parks In today’s digital world, hackers aren’t cracking encryption—they’re tricking employees into handing over the keys. Social engineering is one of the most effective and dangerous cyber threats facing debt collection agencies today. ??Key Takeaways from this Short Video: ?The biggest cyber breaches in history didn’t start with hacking—they started with human error. ?How social engineering manipulates people into handing over credentials. ?Why every agency must invest in cybersecurity awareness training. ???Watch the full discussion: https://zurl.co/Tvkue ??Protect your business—Attend the Cybersecurity & Risk Forum: https://zurl.co/40Au2 ??Have you ever spotted a phishing attempt? Share your experience in the comments! ?? #DebtCollection #CyberSecurity #SocialEngineering #Compliance

Learn more about Stephanie Eidelman (Meisel) with Women in Consumer Finance in our Receivables Spotlight series! https://zurl.co/K9dPf #ReceivablesSpotlight #Receivables #ReceivableManagement #DebtCollection

?? Phone collections aren’t just about making calls—it’s about making the right calls. What’s the secret to improving promise-to-pay rates in phone collections? In our latest Receivables Podcast short clip, we dive into: ? Right-party contact rates: How do you ensure you're reaching the right people? ? Agent engagement strategies: What changes can improve conversion rates? ? Optimizing call structures: What makes a conversation more effective? ?? Data-driven insights are changing the way collections teams approach promise-to-pay conversions. The companies seeing the highest success rates aren’t just making calls—they’re strategically refining their approach based on performance metrics. ?? Watch the short clip now and check out the full episode for more insights: https://lnkd.in/dyG6eRCx ?? How does your team optimize phone collections for better conversion rates? Share your thoughts in the comments! #PhoneCollections #DebtCollection #CustomerEngagement #Fintech #CollectionsStrategy

Lawyers: Don’t DIY Your Succession Plan! Many business owners think they can handle succession planning on their own—but Randy Slovin advises against it. ??? In this clip from Receivables Podcast, Randy shares why firms should work with legal and financial experts to ensure a smooth leadership transition. ?? Key Insights: ? Lawyers and business owners often try to handle succession planning alone—but they shouldn’t. ? Specialized consultants help navigate complex transitions. ? A structured approach ensures long-term business success and stability. ?? Watch now & check out the full conversation: https://zurl.co/7vtfc ?? What’s your biggest challenge with succession planning? Let’s discuss! #SuccessionPlanning #LeadershipTransition #LawFirmManagement #DebtCollection #ReceivablesPodcast

?? Data Security: A Top Concern ?? The TransUnion 2024 Debt Collection Industry Report reveals 62% of large companies prioritize data security as critical, reflecting growing cyber threats. ?? Insight: Safeguarding sensitive consumer data is key to maintaining trust and meeting compliance standards. ?? Discover data protection strategies at https://zurl.co/AcrSt. ?? What security measures are you prioritizing? Let’s discuss below! ??? #DataSecurity #TrustAndCompliance #ReceivablesInfo #FactFriday