Account Recovery

OCTOBER 18, 2021

15, 2021 – Minneapolis, Minnesota – ACA International, the world’s largest trade association for the accounts receivable management industry, has named Scott Purcell as CEO effective on Jan.

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Account Recovery

JANUARY 22, 2021

President Joe Biden named temporary heads to the three major government agencies regulating the accounts receivable management industry — the Consumer Financial Protection Bureau, the Federal Communications Commission, and the Federal Trade Commission.

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National Service Bureau

OCTOBER 29, 2015

The point is this: the 80-20 rule holds true for accounts receivable management. With that in mind, and with Halloween on the horizon, we wanted to go over three treats of the trade that will make a difference for your business as we enter the holiday season of the year.

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Account Recovery

JANUARY 22, 2021

BIDEN NAMES TEMPORARY PICKS TO LEAD CFPB, FCC, FTC President Joe Biden named temporary heads to the three major government agencies regulating the accounts receivable management industry — the Consumer Financial Protection Bureau, the Federal Communications Commission, and the Federal Trade Commission.

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Collection Industry News

APRIL 8, 2021

He joins fellow credit practitioners, as well as the other board members, who represent all facets of the accounts receivable management arena: collection agency executives, creditors’ rights attorneys, business consultants, controllers, certified public accountants, industry trade group officers and chief financial officers.

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True Accord

JUNE 6, 2023

Where data has its own intrinsic value and where data breaches and cyberattacks are a risk for every business, the Safeguards Rule under the Gramm-Leach-Bliley Act (GLBA) provides financial institutions, including those in the accounts receivable management industry, with guidance on how to safeguard customer information.

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PDC Flow

AUGUST 18, 2020

These compliance and defense litigation skills applied nicely to the accounts receivable management industry. . My bosses encouraged me to join several industry trade groups. Industry trade groups and private news agencies provide a tremendous amount of valuable resources to help industry remain current.

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National Service Bureau

AUGUST 19, 2015

Like any industry, the debt collection and accounts receivable management industries have some bad apples. The latter are obviously people and organizations that you would want to avoid should your business need assistance with collecting on delinquent accounts. So what’s the implication for you, the business owner?

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CICM

MAY 19, 2022

Nils Strachanowski, VP Product for Cash Application, discusses how humans and Artificial Intelligence can collaborate in Accounts Receivable Management to achieve the best possible results. Cash collection and allocation processes are more critical than ever in times of trade volatility and economic instability.

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Better Credit Blog

APRIL 1, 2022

With over 50 years of experience and a recovery record of about $6 billion in accounts receivable management for 60,000+ clients in the last decade, discovering Transworld Systems Collection on your credit report is never a welcomed situation. Especially when credit reporting agencies reduce your score by up to 50 points.

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Debt Recoveries

DECEMBER 6, 2020

If you have the name of the principals of the company, get their direct contact information, so if you need to discuss the account with them, you can easily reach them. Get trade references. I hope these little credit manager habits from a debt collection expert have helped you. Ask how many years have they been in business.

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Troutman Sanders

APRIL 19, 2021

On April 15, the Federal Trade Commission (FTC) announced the first enforcement action taken under the new COVID-19 Consumer Protection Act (COVID-19 CPA), which imposes monetary penalties on violators. Companies also would be required to submit business-specific requirements, which pertain to information related to licensing a business.

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Troutman Sanders

JULY 7, 2021

The plaintiffs, who include landlords and real estate trade associations from Alabama and Georgia, argue that the CDC exceeded its authority by imposing the ban. For more information, click here. On June 29, the U.S. Supreme Court refused to lift the CDC’s moratorium on evictions during the COVID-19 pandemic. For more information, click here.

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