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Englewood, Colo. – The Western Union Company (NYSE: WU), together with Consumer Portfolio Services Inc. (CPS) and VeriSign’s Messaging and Mobile Media Division (NASDAQ: VRSN), today announced a pilot project enabling CPS customers to trigger their monthly car payment directly from their mobile phone. Unlike mobile payment services that direct the consumer to a website [...]
Today, businesses rely on time-sensitive communication with the ability to have direct contact with their customers. They want to notify them to get an immediate action and effect delinquent bill payment. With Wessan Interactive, these businesses can now use Text Collect – a mobile phone text messaging (SMS) and email notification system to deliver instant, [...]
Rockville, MD – The Kaulkin Ginsberg Index (KGI), the leading indicator of economic conditions affecting the accounts receivables management (ARM) industry, continued its decline from the month prior. The updated February figure for the KGI shows the index fell 36.5 points from January to 1128.5 in February, a decline of 3.1%. The February adjusted figure [...]
ATLANTA – FTRANS, a leading provider of complete accounts receivable and credit management solutions, today announced several additions to its bank program, highlighted by partnerships with three banks — including KeyWorth Bank (Johns Creek, GA), TouchMark (Norcross, GA), & Decatur First (Decatur, GA). The bank program allows financial institutions looking to diversify their lending portfolios [...]
CR Software LLC, the leading financial software solutions provider to collections entities, announces today the next generation Titanium ORE Interactive Voice Response (IVR) system, a pure software solution that needs no additional hardware and leverages emerging Voice-over IP (VOIP) technology. With the implementation of Titanium ORE IVR, organizations can reduce operational costs by offloading a [...]
ATLANTA, GA – Magnum, an industry leader in credit analytics, decisioning applications and professional consulting services will host a Webinar on Alternative Data Sources on Wednesday, May 20th at 1:00pm EST. Joining Magnum will be Executive Vice President Mark Doman of eBureau, Paul DeSaulniers, Director of Credit Decisioning at Lexis-Nexis and Michelle Wheeler Vice President [...]
The first quarter is traditionally a strong quarter for collections, but results from the public debt purchasers that have reported earnings so far is more than encouraging.
The Atlanta-based debt collector was the most-searched term on SearchReceivables.com for the past week.
The Web site that anyone can edit has caused a stir in the ARM industry since a judge held its editability against a collection attorney who used it as evidence.
Encore Capital Group posts a 32 percent increase in earnings for the first quarter and watches it’s stock price soar close to 50 percent in one day.