2015 data shows where billing and shipping e-commerce fraud attacks occur in the United States.

Experian e-commerce fraud attacks and rankings now available.

Does knowing where fraud takes place matter? With more than 13 million fraud victims in 2015,[1] assessing where fraud occurs is an important layer of verification when performing real-time risk assessments for e-commerce. Experian^® analyzed millions of e-commerce transactions from 2015 data to identify fraud-attack rates across the United States for both shipping and billing locations.

View the Experian map to see 2015 e-commerce attack rates for all states and download the top 100 ZIP Code^TMrankings.

“Fraud follows the path of least resistance. With more shipping and billing options available to create a better customer experience, criminals attempt to exploit any added convenience,” said Adam Fingersh, Experian general manager and senior vice president of Fraud & Identity Solutions.… Read the rest

By: Cindy Robert, Rainmaker Government Strategies

All the legislation of interest to NACM failed. One we were opposed to and worked against, and on the other two we were neutral.

HB 4065 OPPOSED

In response to the recent Secretary of State audit relating to collection of funds owed to the state and consistently poor reports by the Legislative Revenue Office on the state’s progress toward improvements, House Bill 4065 created new provisions in ORS chapter 279A, which governs public contracting in Oregon.

The measure required state agencies wishing to enter into a public contract to first consult with the Legislative Fiscal Office in order to determine whether potential contractors appear on a list of delinquent or liquidated accounts that a state agency has assigned for collection or are 90 days delinquent.… Read the rest

By Ranjit Nair, Ph.D., Price Associates

Understanding and evaluating others is the innate leadership trait and ability to see the individuality in others and to recognize a person’s perspective and how that perspective was formed. Demonstrating brilliance in managing the performance of employees is evident when leaders demonstrate authenticity and drive the right dialogues therein.

The very fact that a performance management process exists in an organization is recognized and acknowledged by high-performers as the means and vehicle in which their hard work, performance, and potential is recognized and rewarded. However, performance management is typically viewed as a necessary evil, a one-sided affair (usually favoring the evaluator) and one where fear and uncertainty is abound and ever-present.… Read the rest

In the last ten days, various committees of the Washington State Senate have been considering Senate Bill 6482 which seeks to modify current lien law.

The bill has been moved out of the Rules Committee aiming for an ultimate vote by the Washington State Senate. It is clear that none of the business association testimony was heeded. None of the proposed changes are acceptable for the commercial credit profession.

A summary of the proposed legislation can be found here.

NACM was in Olympia again on Thursday, February 11, 2016 and met with the prime sponsor of the bill, Sen. Mike Hewitt of Walla Walla and his staff attorney. The bottom-line is that his interest is in “protecting consumers.” … Read the rest

Written by: Laurie R. Hager, Sussman Shank LLP
Republished from Sussman Shank’s newsletter.

This article is based on a scenario that I encounter as a litigator all too often. “You,” for purposes of this article, have entered into a long-term contract with Company, Inc., an Oregon corporation. The contract may be a credit agreement, a supply agreement, a commercial lease agreement, or another agreement under which Company, Inc. has various ongoing obligations.

At some point during the term of the contract, the Oregon Secretary of State administratively dissolves Company, Inc. for failure to renew when required, or Company, Inc. dissolves itself.

Immediately on the dissolution, Company, Inc. is legally authorized to wind up its affairs and liquidate its assets.… Read the rest

NACM Oregon and NACM Inland Northwest will merge this week! And we’re changing the company name to NACM Northwest! The Associations received the approval of the Boards and the membership over the last two months. We plan to provide the same first-rate products, services, and exceptional customer service. Please talk with your Account Executive or call me if you’d like more information.

Member Events & Education – Please take a look at the calendar published in this edition. We will offer the 10-week Business Credit Principles class, beginning in April. We also will offer the Financial Analysis class this Fall. Please call Shawna Kelly (917-230-1202) with any questions. We hope you’ll join us!

Mark your calendar for the 2016 Credit Congress, which will be held in Las Vegas, June 12-16, 2016.… Read the rest

No matter the industry, a company’s culture is vital to its image and perhaps more importantly, its survival.  Upper managers and department managers alike must constantly work hard to create an atmosphere that makes people never want to go on another job interview, or perhaps, in extreme cases, get a tattoo of the company logo on their body. Below are some timeless approaches to creating a business culture that “rocks,” as author and past Credit Congress keynote speaker, Jim Knight, put it.

Celebrate heritage, but focus on culture—today’s behaviors

A company’s culture shapes so much of their performance now and in the future. However, it is critical to focus on today’s behaviors, not yesterday’s habits.

Be like U2—everyone singing off the same sheet of music

Staff at every level of a company or department—no matter if they are the president or maintenance staff—needs to have a shared mindset.… Read the rest