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mobile payments

FICO Debt Manager Integrates with Mobile Payment Services to Boost Collections Speed and Results

FICO, the leading provider of analytics and decision management technology, today unveiled the latest version of its FICO Debt Manager platform for collections and recovery, which integrates with the Telrock mobile and digital payments application SmartCollect to increase the speed and efficiency of collections and improve the customer experience. FICO Debt Manager supports collections for [...]

Complaints

Unverified Debt Collection Complaints Rise in FTC’s 2011 Report

Complaints about debt collection practices jumped nearly 20 percent in 2011, according to data released late Tuesday by the Federal Trade Commission. But complaints specifically regarding third party debt collection agencies soared more than 30 percent, as creditors saw their debt collection complaints fall.

ACA International noted that complaint numbers should be read with caution, as they are unverified and often do not represent rule-breaking activity.

Executive Changes: Van Ru Hires ARM Industry Veterans to Lead Business Development Initiatives

Van Ru Credit Corporation (“Van Ru”), a leading accounts receivable management company, operating in four locations in the United States and a Near Shore facility in San Jose, Costa Rica, today announced the addition of David Morton to the company’s Business Development team. Mr. Morton will serve as Vice President of Business Development with primary responsibility for key client acquisitions.

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