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Is AI Right for Your Organization? 3 Questions to Consider

Discussions about implementing Artificial Intelligence seem to be everywhere these days, and the Collections Industry is no exception. Some debt collectors have been early AI adopters, yet others have chosen to sit on the sidelines and see how the landscape develops. Here are three questions to consider when evaluating whether AI is right for your organization.

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At Research Assistant, we understand that compliance is a massive job that’s performed by increasingly smaller teams. As a member, you’ll get the insight you’re looking for from weekly roundtables, an alert service, and CMS-enhancing tools, all curated by our team of compliance experts. Learn More.  

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insideARM is grateful to our 2024 Strategic Supporters:

NCB Crown Asset Management Spring Oaks Capital

insideARM Weekly Recap- Week of April 8, 2024

Our team at insideARM tries to pick the one piece of news those in the ARM industry need to know each day to keep up to date with the changes in debt collection. Last week we did just that, bringing you an article about the future of medical debt in California, a key 5th Circuit decision for FDCPA cases, and a breakdown of the myriad of activity from the CFPB in the month of March. Here's our recap of the weekly news and why we felt you needed to see it.

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CFPB Bites of the Month - March 2024 - Here Comes the Sun and the CFPB

The CFPB continued their busy 2024 with a lot of activity in March. In this article, we'll share some of our top CFPB "bites" of the month so you can stay on top of recent developments.

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5th Circuit Reverses Judgment in FDCPA Case

Recently, the U.S. Court of Appeals for the Fifth Circuit ordered an FDCPA case to be reversed and remanded after the U.S. District Court for the Eastern District of Louisiana granted a motion for summary judgment.

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Kredit Achieves SOC 2 Type 1 Compliance for Superior Data Security

NEW YORK, N.Y. - Kredit, the leading centralized debt resolution platform and network, is thrilled to announce that it has successfully achieved SOC 2 Type 1 compliance. This significant milestone demonstrates the company's commitment to maintaining the highest standards in data security and protection for its customers.

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California Attorney General Sponsors Bill Banning Credit Reporting of Medical Debt

On April 2, the California Senate Judicial Committee passed Senate Bill 1061. The bill seeks to prevent health care providers and contracted collection agencies from providing information about patients’ medical debt to credit reporting agencies. The bill would also prevent credit reporting agencies from accepting, storing, or sharing information related to medical debt.

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Help Wanted: Predictive, Collaborative and Intelligent Contact Data

25 April 2024 at 03:00 p.m.

When your contact data isn’t meeting expectations, your organization lags behind. In this webinar by TransUnion, we'll discuss transformative technologies to make your data smarter and more strategic to optimize customer communications.

Event Details »