Collection Technology Feed Link

Collection Technology

The accounts receivable management industry relies heavily on technology to streamline processes and make operations more efficient. From complex communication technology like predictive dialers to cutting edge scoring and analytics, debt collection professionals use a host of progressive software and hardware solutions.

Integration has become very important with collection technologies. Many vendors are partnering with providers of different services so that their technology will “talk” to each other. For example, collection software providers are now sure to reach out to dialer vendors, makers of analytics suites, skip tracing providers and letter shops so that all services can be used in a single interface.

people_search

TransUnion Partners with Global Debt Registry to Offer Registry Services for Debt Buyers and Financial Institutions

TransUnion, a global leader in information and risk management, and Global Debt Registry (GDR), the pioneer and leader in debt information access and validation, today announced a collaboration to market GDR debt registry services for debt buyers, collectors and financial institutions. GDR’s debt registry offering enables debt owners to accelerate collections through streamlined access to […]

cyber-security

FTC’s Settlement with Two Debt Portfolio Brokers a Continuation of a Trend in ARM Industry

The FTC Monday announced that it has reached final settlements with two debt portfolio brokers for disclosing too much personal information about debtors in online postings marketing their portfolios for sale. The FTC announced the cases last year, and today’s announcement highlighted new security requirements for the brokers going forward.