Skip to content
Bankruptcy Filings Rose in August by 8.47%

Bankruptcy Filings Rose in August by 8.47%

Overall bankruptcy filings continued to rise in August compared to the same month last year but at a slower-than-usual pace of 8.47 percent. Despite the more modest August numbers, the year-to-date increase is a much higher 15.56 percent.

Read More →

Revolutionizing Banking: How Automation and BPO Managed Services Are Shaping the Future – A Conversation with Walt Boyer

Revolutionizing Banking: How Automation and BPO Managed Services Are Shaping the Future – A Conversation with Walt Boyer

As the commercial banking sector advances, the integration of innovative technologies and strategic services is becoming increasingly vital. In this exclusive conversation with Walt Boyer, our Managing Director of Banking, we explore how Robotic Process Automation (RPA) and BPO Managed Services are fundamentally transforming banking operations.

Read More →

Bankruptcy Filings Leaped by 24.4 Percent in July

Bankruptcy Filings Leaped by 24.4 Percent in July

Following a modest increase in June, July saw a significant 24.4 percent surge in bankruptcy filings compared to the same month last year. Year-to-date, filings have risen by 16.7 percent, trending towards a return to pre-pandemic levels by 2026.

Read More →

Navigating New Norms

WHITE PAPER:
Navigating New Norms
Outsourcing as a Catalyst for
Mortgage Service Excellence

As the mortgage sector navigates through complex market dynamics, the primary objectives for many organizations remain the same: master cost efficiency, ensure the delivery of high-quality service, and effectively scale operations.

Read More →

894x476 (60)

CASE STUDY: Tailoring and Scaling Specialized Support to Meet the Dynamic Needs of a Mortgage Servicer

AIS partnered with a Top 5 mortgage servicer to help enhance service quality performance, increase operational efficiencies, and reduce departmental expenses.

Read More →

894x476 (56)

CASE STUDY: Enhancing Accounts Receivable Efficiency for a Premier Invoice Factoring Firm

A leading specialty finance company recognized the need to enhance their accounts receivable processes to stay competitive.

Read More →

AIS Strengthens Enterprise Risk Management Program with Hiring of Saurabh Jhingan

AIS Strengthens Enterprise Risk Management Program with Hiring of Saurabh Jhingan

AIS, a professional services and technology firm providing quality back-office talent and automation, is pleased to announce the hiring of Saurabh Jhingan as its new Vice President of Enterprise Risk Management.

Read More →

Supreme Court Rules Against Sackler Family in Purdue Pharma Case

Supreme Court Rules Against Sackler Family in Purdue Pharma Case

In a 5 to 4 ruling, the U.S. Supreme Court today overturned a settlement in the Purdue Pharma bankruptcy case that would release members of the Sackler family from liability for their alleged role in the national opioid epidemic.

Read More →

CFPB Funding Scheme Survives Supreme Court Challenge

CFPB Funding Scheme Survives Supreme Court Challenge

In a 7-2 decision, the U.S. Supreme Court upheld the mechanism for funding the Consumer Financial Protection Bureau (CFPB). The stakes were high for the CFPB, which had said that an adverse decision would threaten “the validity of virtually all CFPB past actions.”

Read More →

894x476 (10)

Bankruptcy Insight Report - June 2024

In June 2024, total bankruptcy filings reached 40,277, marking a 6.6% increase from last June. This modest rise is a slowdown compared to the larger increases we've seen over the past year. However, Chapter 11 cases surged by 83.2%, and SubChapter V cases rose by 79.8%, reflecting ongoing economic trends and the impact of recent changes in debt eligibility limits for SubChapter V.

Read More →

May-2024

Bankruptcy Insight Report - May 2024

Bankruptcy filings continued the upward spiral begun last year with 16.28 percent more filings in May compared to the same month in 2023. With 44,981 bankruptcy petitions filed, the May increase follows a similar trend from last year when filings rose by approximately 17 percent. For the first half of 2024, total bankruptcy filings are up by 17.29 percent.

Read More →

894x476 (32)

Bankruptcy Insight Report - April 2024

In April 2024, total bankruptcy filings reached 45,608, marking a surge of 28.5 percent compared to April 2023. The significant uptick persisted even after adjusting for two extra weekdays this year, with filings increasing by over 20 percent. This growth exceeds last year's increase of 17.6 percent, indicating a consistent upward trend in 2024.

Read More →