RevSource Solutions, LLC, a leader in innovative, personalized online payment solutions for revenue maximization, and CPS Statements, one of the nation’s leading statement processing and document delivery providers, have formed a partnership to offer clients an integrated online payment solution for their clients, debtors or end-users.
Most debt collection professionals would like to see the Consumer Financial Protection Bureau take the guesswork out of written communication with consumers. In a July poll conducted by insideARM.com, 79 percent of participants said they were in favor of having the CFPB develop standard letters. Of the 145 votes cast, participants seemed to walk a [...]
With the U.S. Postal Service proposing an emergency postal increase of 5.9% across the board, raising first-class stamps to 49 cents, ARM agencies that heavily rely on mailed communications will need to bolster their online communication programs to combat the incurred postal costs.
A federal judge in Pennsylvania last week dismissed a proposed class action lawsuit that sought damages under the Fair Debt Collection Practices Act (FDCPA) for language used in a collection letter. The lead plaintiff took a swing at a hyper-technical violation and got called out by the judge.
RevSpring announced today that Analiese Fusner, chief compliance officer, has successfully completed the Certified Compliance & Ethics Professional (CCEP) examination, earning the ‘CCEP’ designation from the Compliance Certification Board.
The Federal Trade Commission and Consumer Financial Protection Bureau are teaming up more and more to identify and tackle bad collection companies and practices. For instance, in September the two agencies filed an amicus brief together before the Seventh Circuit Court of Appeals in Delgado v. Capital Management Services, LP, et al.; the case that [...]
Online negotiation, payment by text and online payment portals continue to grow in popularity with both consumers and receivables management organizations. When a consumer is ready to make a payment, it is important your organization be able to accept it, using a method the consumer prefers at that moment.
“Harnessing the Power of Electronic Communication,” a Webinar sponsored by RevSpring, will provide an educational look at the trends behind electronic communication.
Web Recon’s litigious debtor scrub is now integrated with RevSpring’s market-leading receivables communication and payments platform. The Litigious Debtor identifies consumers who have previously initiated litigation with ARM firms.
RevSpring announces another critical achievement in its industry-leading security compliance efforts – PCI DSS and FISMA certifications.