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Skip tracing defines the techniques and products used to locate people. In the ARM context, debt collectors are trying to find debtors that are not reachable using contact information on hand.
Most ARM companies use the services of skip tracing vendors who furnish access to massive databases of consumer contact information mined from public records, credit reports, and many other sources.
American InfoSource LP announced the acquisition of substantially all of the assets of Ascension Capital Group, Inc., a subsidiary of Encore Capital Group, Inc. ACG is a leader in secured bankruptcy servicing, and litigation management for the financial services industry. The financial terms of the deal were not disclosed. With AIS’ success in the unsecured [...]
ARM organizations are now using a new set of tools to identify accounts that require special treatment before they are routed to collectors and before they are factored into predictive equations. And they are doing it not only in the name of revenue, but to mitigate risk and ensure legal compliance.
A huge sector of vendors has been in place to supply accounts receivable management operations with analytics packages to score and route accounts to the right collection departments.
Collection organizations are recognizing that in order to drive better results from emerging technology, they must leverage and integrate traditional collection infrastructure that is already in place.
TransUnion to be acquired by buyout firm Advent International and GS Capital Partners in a deal that values TransUnion at more than $3 billion.
TECnet, a web-based collection integration solution, announced that its users will now have access to industry-leading skip tracing data through a new interface with CBCInnovis.
Merlin Information Services, a leading provider of data solutions to the collection and investigative industries, announces its 20 year anniversary. Founded in 1991, Merlin will commemorate the milestone with an employee celebration at the corporate headquarters in Kalispell, Montana.
Ontario Systems, a premier accounts receivable and revenue cycle management solutions provider, has announced the availability of a skip-tracing interface with CBCInnovis.
Debt collection agency and credit management specialist, Clarity Credit Management Solutions, is harnessing the consumer credit analytics expertise of Equifax, combined with its market-leading tracing tool, Equifax Locate, to enhance its collections strategy.
Hey, want to hear a story about a popular debt collection technology that involves a former drug smuggler, the ACLU, child pornography, and Dick Cheney? Of course you do.
JantaKhoj InfoServices Pvt Ltd, a leading people search and background verifications company, today announced the launch of People Search subscriptions for collections, recovery and lending agencies. These agencies can now look up the addresses and other contact details of more than 500 million people, covering nearly 40% of the Indian population.
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