by HealPay | Jul 7, 2023 | Blog, Compliance, Posts
Regulatory compliance has become a fundamental aspect of operations for organizations across industries. It’s often seen as a necessary evil—a way to keep clients happy and avoid legal problems—but compliance contributes to business success in many ways,... 
by HealPay | Jul 5, 2023 | Blog, Compliance, Posts
Collections firms have a number of compliance considerations when it comes to communicating with consumers. Keeping up with compliance requirements not only reduces the risk of penalties and legal issues, it also fosters trust and creates a positive consumer... 
by HealPay | Jun 22, 2023 | Blog, Compliance, Posts
The Consumer Financial Protection Bureau (CFPB) recently issued an advisory opinion clarifying the rules for lawsuits filed by debt collectors on time-barred debts. The opinion became effective on May 1, 2023. The advisory opinion emphasizes that debt collectors who... 
by HealPay | Jun 9, 2023 | Blog, Posts
Recurring bill payments improve cash flow and streamline payments, but businesses are required to provide consumers with key information before billing them automatically. Having consumers read and agree to required disclosures for recurring payments keeps consumers... 
by HealPay | Jun 5, 2023 | Blog, Posts
As cybersecurity threats grow more sophisticated implementing strong security protocols is becoming increasingly important for businesses. Not only that, certain security measures may be required by state or Federal regulations or service providers. At HealPay, we...