As the holiday season ramps up, so does consumer spending…and financial stress. From travel expenses to gift-giving splurges, borrowers often face sharp increases in personal debt as we near the end of the year. These behaviors have a direct impact on loan payment behavior, leading to increased late payments, higher default risk and an overburdened servicing staff.

Business Payment Regulations 2025: What You Need to Know

New mandates, evolving standards and reporting rules are reshaping how businesses send payments, and the deadlines are closer than they seem.

Auto loan delinquencies are at their highest levels since the Great Recession, reshaping risk for lenders and servicers. Here’s how to protect your portfolio and your bottom line.

Why Government Payments Must Evolve

For decades, government agencies have relied on paper checks to disburse funds to citizens, vendors and employees. But the world has changed. Citizens pay bills online. Workers receive wages by direct deposit. Businesses manage finances through secure apps. Paper-based processes now feel outdated, inefficient and costly.

Delinquent payments affect revenue timelines and require coordination across servicing, compliance and finance teams. Failed attempts add manual effort, borrower outreach and reconciliation work.

Healthcare providers and facilities face a dual challenge in their accounting operations: a critical shortage of accounting professionals coupled with increasingly complex payment processes. Unless properly addressed and managed, this problem can threaten the operational stability and security of any healthcare organization, from large hospitals and clinics to rural and specialty care providers.

Borrowers have changed. Has your payment strategy?

Why Payment Flexibility Matters Now

Consumers expect flexible payments everywhere, from subscriptions to buy-now-pay-later at checkout. For businesses, offering installment plans builds loyalty, improves cash flow and even reduces delinquency rates.

How long should it take to pay your vendors in 2025? Standards and expectations are constantly evolving, especially as technology changes and creates new benchmarks for speed.

Credit unions stand out in the financial world with their close connection to the community. Their members are different from account holders at a bank, for example. Helping those members stay current on their financial obligations is a real part of the mission for a credit union, as opposed to a faceless ledger item.