EverChain: Certified Receivables Vendor

RMAI Official Logo

EverChain: Certified Receivables Vendor We are pleased to announce that EverChain has once again met the requirements and earned the designation of an RMAI “Certified Receivables Vendor” (CRV). As a designated CRV, our organization will continue to uphold the policies and procedures outlined in the Receivables Management Certification Program Governance Documents. EverChain was the first […]

Tips for Compliantly Buying Debt

Rocket launch from an laptop icon

Tips for Compliantly Buying Debt This article was published in Cornerstone’s newsletter on April 19. Table of Contents 5 TIPS FOR MITIGATING RISK WHEN BUYING DEBT 1. Strategy 2. Segment 3. Security 4. Due Diligence 5. Post-Sale 5 OBSTACLES THAT PREVENT CREDITORS FROM SELLING DEBT 1. Perception of Risk: 2. Lack of Resources: 3. Lack […]

Broker vs. EverChain’s Full-Service Debt Sales Approach.

When lenders decide to sell their debt, they have options. Broker vs. EverChain’s Full-Service Debt Sales Approach.  Many lenders choose to use a broker because they don’t want to invest in the staff, and the technology it would take to compliantly sell debt directly to a buyer. Sure, you could hire the staff, train them, […]

Why I Joined EverChain: Nana Osei

Welcome to the Team Nana! Nana Osei (Network Compliance Analyst)

Why I Joined EverChain: Nana Osei We sat down with EverChain’s newest hire, Nana Osei, who joined our Compliance team recently, on Valentine’s Day, as our Network Compliance Analyst. We wanted to understand the “Why” behind her choice to join EverChain and learn about her first impressions these past few weeks. Why I joined EverChain: […]

EverChain Celebrates International Women’s Day

Dont live life in the past lane

EverChain Celebrates International Women’s Day March 8th is International Women’s Day EverChain is proud to support women in the ARM industry – and in all industries. EverChain is committed to giving women opportunities to excel and advance in their careers and sets an example for the industry. Currently, on EverChain’s Executive Leadership Team, including our […]

Non-Performing Loans EverChain Reduces Consumer Complaints

Non-Performing Loans, EverChain Reduces Consumer Complaints A major consumer lender who historically sold non-performing loans (NPLs) directly to an individual debt buyer was experiencing a high volume of consumer complaints. The lender wanted to determine if selling their accounts via EverChain’s Certified Network would reduce their consumer complaint volume. As a result, EverChain’s certified network […]

Why Employees Violate Cybersecurity Policies

Why 67% of employees violate cybersecurity policies

Why Employees Violate Cybersecurity Policies by Harvard Business Review Harvard Business Review published an article on Why Employees Violate Cybersecurity Policies. They explored why employees violate cybersecurity policies, and the results were quite interesting. Contrary to popular belief, their recent study suggests that “the vast majority of intentional policy breaches stem not from some malicious desire […]

Receivables Roundtable: Jenn Wilson, EverChain’s Head of Compliance

Receivables Roundtable with Adam Parks, The Balance of Deals and Compliance

Receivables Roundtable: Jenn Wilson, EverChain’s Head of Compliance   Systems, platforms, media, oh my! Much to consider before, during, and after debt sales and acquisitions. Receivables Roundtable Founder, Adam Parks talks with Jenn Wilson, Corporate Secretary and Chief Compliance Officer of EverChain, about the balance of deals and compliance. Find out more about what it […]

Is Your Customers’ Data Secure?

More digital services mean more fraud risk to your business, Is your customer data secure? A few things to consider

Is Your Customers’ Data Secure? With more digital services users than ever before ($5 trillion dollars have moved online), data security is top of mind for most businesses, especially in the finance industry. More users and more data mean more opportunities for fraudsters to wreak havoc. Are you prepared? Is your customer’s data secure? Fraud: […]