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Finvi Announces Retirement of Rozanne Andersen, a Decades-Long Luminary Leader in the Collections Industry

Account Recovery

Andersen’s illustrious career spans over three decades, during which she established herself as a leading authority on compliance within the collections, debt purchasing, and financial services industries. Rozanne built her career on advancing the interests of the debt collection industry like no other, said John H. Bedard, Jr.,

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Federal Gov’t Announces Crackdown on Discrimination in Financial Services

Account Recovery

It might not specifically mention debt collection or the accounts receivable management industry, but everyone’s ears should still be perking up after a number of departments within the federal government on Friday announced a crackdown on discrimination in the financial services industry.

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15M Could Lose Medicaid Coverage When Pandemic Ends: Study

Account Recovery

When the federal government declares the COVID-19 public health emergency to finally be over, as many as 15 million individuals could lose their health insurance coverage through Medicaid, according to a new study, which would likely result in a lot more medical debt to be collected for the accounts receivable management industry.

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Transworld Systems Inc. Completes Acquisition of EOS North America

Account Recovery

technology-enabled provider of accounts receivable management (ARM) solutions, announced today it has completed its acquisition of EOS North America, a leading first- and third-party collection agency serving government, financial services, healthcare, telecom and utility clients in the United States and Canada.

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Gov’t Extends Student Loan Moratorium, Wipes Out All Existing Defaults, Delinquencies

Account Recovery

As expected, the federal government yesterday announced that it was extending the moratorium on making student loan payments for an additional four months — to August 31 — but added in an extra wrinkle that will impact those in the accounts receivable management industry: The 7 million borrowers who are in default on their student … (..)

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Debt collection problems: StepChange call on government to ‘get its house in order’

Collection Industry News

ACA International’s comprehensive comments in response to the Consumer Financial Protection Bureau’s proposed debt collection rule recommend fair and objective policies that clarify legal obligations for the accounts receivable management (ARM) industry and provide clarity for consumers. See Infographic ).

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Starting a Debt Collection Agency? Here are the Tools to Success

Payment Savvy

We don’t need to justify the vital role collection agencies play in our economy. Agencies also help consumers stay accountable for their financial purchases with manageable repayment plans. Are you interested in opening a collection agency? Acquire Debt Collection Software. Not sure where to start?