Collections Industry

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Southwest Credit Announces Website Redesign
Submitted 271 days ago
Plano, TX – Southwest Credit, a national provider of accounts receivable management services, is proud to announce the launch of a new and much anticipated website redesign at www.sw-credit.com.The new website contains up-to-date information about our company, our services, background on our management team, industries we serve as well as information on how to join the Southwest Credit team.
 
Topic: Collections Industry
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NARCA Files Amicus Brief to Uphold FDCPA "bona fide error" Defense
Submitted 271 days ago
WASHINGTON, DC — The National Association of Retail Collection Attorneys (NARCA) has filed an amicus brief in the U.S. Supreme Court in the matter of Jerman v. Carlisle, McNellie, Rini, Kramer, and Ulrich LPA, et al., No. 08-1200 (U.S. S. Ct.). This case concerns whether the Fair Debt Collection Practices Act’s (FDCPA) “bona fide error” defense applies to errors of law or s
 
Topic: Collections Industry
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Executive Change: New Managing Director for Intrum Justitia in Norway
Submitted 846 days ago
Reidun Korsnes has been appointed managing director of Intrum Justitia’s Norwegian subsidiary, Intrum Justitia AS. Ms. Korsnes was most recently with DnB Nor Finans. During her twenty years with DnB NOR, Reidun Korsnes held a number of positions, including as head of factoring with responsibility for both service production and sales of credit services. She has a broad base of experience
 
Topic: Collections Industry
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Agencies Fighting Back Against Advance-Fee Fraudsters
Submitted 846 days ago
The fraudsters behind the “advance-fee” scam appear to have been aggressively approaching a number of commercial collection firms in recent months in both Canada and the U.S., insideARM has learned. “They contacted me on March 6 and I received a check Monday for $177,000. It’s a pretty elaborate scam,” said John Monderine, owner of Rapid Recovery Solution, Inc. in F
 
Topic: Collections Industry
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USCB Leverages Five9 Technology for Collection Operations
Submitted 846 days ago
Five9, Inc., a leader in on-demand call centers, announced that medical and financial receivables company, USCB Inc., implemented the Five9 Virtual Call Center to provide patient credit services for premier hospitals throughout California. In business since 1915, USCB is responsible for patient billing, revenue recovery, and customer service to some of the region's largest hospitals. As a long
 
Topic: Collections Industry
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Executive Change: Account Control Technology Names David Stocker General Counsel
Submitted 847 days ago
Canoga Park, CA-based Account Control Technology (ACT), an educational debt management solutions company, recently welcomed Mr. David Stocker, Esquire, as General Counsel for the company effective April 16, 2008. Mr. Stocker brings over 30 years of experience within the industry to ACT. “David’s long tenure in the student loan industry was an ideal match for ACT, bringing i
 
Topic: Collections Industry
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U.S. Collection Agency Foils Advance Fee Scam
Submitted 847 days ago
The scamsters have landed in the U.S. A fraud targeting Canadian commercial collection agencies has touched down in the U.S. and the crooks were still answering their phone yesterday afternoon. The fraudsters unsuccessfully went after New York City-based National One Credit Corp., in March, sending an email requesting its help in going after a $300,000 debt for a contingency fee of 20 percen
 
Topic: Collections Industry
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Collection Agency Getting Paid by Issuing Credit Cards
Submitted 847 days ago
A collection agency in Oregon is using a unique business model to ensure the money they are going after gets collected: they’re extending credit cards to debtors. The cards not only guarantee a monthly payment, they give those with very poor credit a chance to obtain a low-interest credit card. Beaverton, Ore.-based Genesis Financial Solutions has been extending credit to their debt
 
Topic: Collections Industry
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CR Software Launches Titanium ORE Release 2.3
Submitted 847 days ago
CR Software LLC (CRS), the leading collections solutions provider for collection agencies and corporate debt recovery departments, announces today the second release of Titanium ORE, CR Software's best-in-class, next generation flagship product. The Titanium Open Receivables Environment (ORE) is a feature-rich, enterprise debt recovery solution, built from the ground up to provide operationa
 
Topic: Collections Industry
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Scammers Up the Ante in Targeting Canadian Commercial Collectors
Submitted 849 days ago
Editor’s Note: The day after we published an article detailing an attempted scam on a Canadian collection agency (“Canny Collection Agency Spots Fraudsters,” April 21), we received a call from a collection agency in Alberta that experienced the same scam. It looked like it was going be the easiest $58,000 commercial collection agency W.D. With and Associates (WDW) had ever co
 
Topic: Collections Industry