A commercial debt collection agency in New Jersey revealed to insideARM.com that it is currently the target of a scam that operates much like advance-fee cons. Originating from overseas, the scheme appears to be targeting high-balance account recoveries most often found in the commercial sector.
Optio Solutions, LLC., an accounts receivable management company and CrossCheck, Inc., a national payment approval and guarantee company announced a donation of over $6,100 to the American Cancer Society Relay For Life.
A new, unexpected opportunity seems to be unfolding as a result of the current market trends in the credit card sector and the ARM companies taking advantage of it are not the type you would expect.
The process of making political change can be frustrating, tedious and LONG. I just finished my SECOND ACA International Washington D.C. fly-in, so this reality is still fresh on my mind.
You know what’s creepy? This story:
The FTC and Illinois Attorney General Lisa Madigan this week announced a settlement with a rental company that digitally spied on consumers who had leased laptop computers. Madigan said the company used the spyware as a debt collection tool to locate customers who had fallen behind on as little as one payment on their lease agreement.
Reliant Capital Solutions, LLC announced today they received the Tech LockSM Certified compliance assessment. Utilizing a holistic assessment approach, Reliant Capital Solutions achieved all of its compliance requirements without having to go through multiple assessments pertaining to each individual standard.
CR Software, the world’s leading collections and recovery software provider and creator of the first open architecture platform today announced the successful implementation of Titanium ORE (Open Receivables Environment) at First Marblehead Corporation, the leading provider of private student loan solutions.
RGS Financial, Inc of Richardson, TX is proud to announce the addition of Jeff McCown to the Company’s Business Development Team. Mr. McCown brings more than 15 years of experience in Operations, Vendor Management, and Client Services from the Banking and ARM industries to RGS.
Noble Systems Corporation, a global leader in unified contact center technology solutions, today announced that it has acquired assets from ALI Solutions, Inc (formerly Austin Logistics), an award-winning provider of contact center decisioning and analytics applications and technology partner to 5 of the top 10 largest global banks.
We can sum up the current playing field in accounts receivable management (ARM) in one word: Dynamic. From technology advances, to regulatory oversight, to client demands, to consumer actions, the ARM industry is rapidly evolving and it is challenging for collection professionals to keep up.