Account Recovery

DECEMBER 8, 2023

Owners of Allegedly Unlicensed Collection Operations Facing FDCPA Suit Judge Grants MTD in FDCPA Case Over Undated MVN Overdraft Fee Issues Cost Bank $6.2M in CFPB Enforcement Action January Raises $12M to Expand Collection Platform MCA Collection Agency Turns to Skit.ai

Collection Agencies 147

Collection Agencies Collections Agency Collections Banks 147

On Guard

NOVEMBER 30, 2020

Most UK businesses still rely on antiquated cash collection tools, systems and techniques that ultimately lead to underperforming businesses in the area of cash flow management and debt collection. We work closely with Onguard as one of the key AR automation partners”.

Collections 52

Collections Credit Management Debt Recovery 52

On Guard

NOVEMBER 30, 2020

Most UK businesses still rely on antiquated cash collection tools, systems and techniques that ultimately lead to underperforming businesses in the area of cash flow management and debt collection. We work closely with Onguard as one of the key AR automation partners”.

Collections 52

Collections Credit Management Debt Recovery 52

Account Recovery

NOVEMBER 18, 2022

A company that is building a platform for creditors to automate processes for collecting on unpaid debts using artificial intelligence and machine learning has announced that it has raised an additional $42 million, bringing the total amount it has raised to $140 million.

Collections 244

Collections Creditors 244

Account Recovery

SEPTEMBER 14, 2023

Skit.ai’s conversational Voice AI solution, which delivers fully automated, intelligent conversations at scale, has enabled the California-based debt collection agency to achieve a 27% increase in call volume so far.

Collections 147

Collections Collection Agencies Collections Agency 147

Account Recovery

JANUARY 10, 2023

The post FCC Chair Calls on Congress for Help Redefining ATDS, Right to Collect appeared first on AccountsRecovery.net.

Collections 246

Collections 246

Account Recovery

APRIL 4, 2022

A class-action complaint has been filed in Florida against a cell phone carrier and the vendors and third parties it uses to place outbound calls, alleging violations of the Telephone Consumer Protection Act by making more than 50 debt collection calls using an automated telephone dialing service to a wrong number, after being informed that … (..)

Collections 244

Collections 244

Account Recovery

JUNE 15, 2022

APPEALS COURT HOLDS CAPACITY NOT ENOUGH TO MEET ATDS DEFINITION FOR TCPA VIOLATION The Third Circuit Court of Appeals has upheld a lower court’s ruling in favor of a defendant in a Telephone Consumer Protection Act case involving an automated telephone dialing system.

Collections 244

Collections 244

Account Recovery

FEBRUARY 25, 2022

A District Court judge in Indiana has granted a defendant’s motion for summary judgment in a Telephone Consumer Protection Act case, ruling that the defendant did not use an automated telephone dialing system when contacting the plaintiff on his cell phone to collect on an unpaid debt after he had revoked consent to be contacted.

Judgment 246

Judgment Collections 246

Account Recovery

DECEMBER 22, 2021

Prodigal, a leading AI driven loan servicing and collections automation platform, is a team with a strong shared drive for serving others in the community. RICHMOND, Va. In their personal lives, they strive to be good stewards of what they accomplish in their professional lives.

Loans 242

Loans Collections 242

Account Recovery

DECEMBER 21, 2021

A District Court judge in California has granted a defendant’s motion to dismiss claims it violated the Telephone Consumer Protection Act when it contacted an individual on his cell phone to attempt to collect on an unpaid debt because the defendant did not use an automated telephone dialing system, but denied the defendant’s motion to (..)

Collections 244

Collections 244

Account Recovery

MAY 8, 2023

s seamless transition from legacy processes to fully compliant end-to-end call automation, unlocking unprecedented scale and reach New York, NY (May 04, 2023) Skit.ai, the leading Conversational Voice AI solution provider in the ARM industry, announced its strategic partnership with LTD Financial Services L.P. Partners with Skit.ai

Financial services 130

Financial services Collections 130

Account Recovery

FEBRUARY 25, 2022

Judge Grants MSJ for Defendant in TCPA ATDS Case; Plaintiff Accuses Collector of Requiring Reason for Dispute appeared first on AccountsRecovery.net.

Judgment 246

Judgment Collections 246

Account Recovery

SEPTEMBER 22, 2020

An individual has filed a Telephone Consumer Protection Act lawsuit, claiming she received more than 130 debt collection calls from a defendant allegedly using an automated telephone dialing system after revoking consent to be contacted. A copy of the complaint in the case of Hammond v.

Collections 246

Collections Banks 246

Account Recovery

SEPTEMBER 16, 2020

A number of groups, including two debt collection companies, have filed briefs with the Supreme Court in support of Facebook in a Telephone Consumer Protection Act Case that seeks to define what constitutes an automated telephone dialing system once and for all. Amicus briefs were due to be filed by Sept.

Collection Companies 246

Collection Companies Collections 246

Qualco

MARCH 12, 2024

In our recent study on the collections sector conducted in partnership with Deloitte France, difficulty in finding the right staff emerged as a key challenge for respondents, both among those managing Banks’ collections departments and those overseeing servicing operations. This seems to be a recurring theme.

Collections 97

Collections Debtor Banks Loans 97

Account Recovery

MAY 11, 2021

a global provider of a comprehensive cloud-based call center platform for enterprises, contact centers, BPOs and collection agencies, today announced the launch of TCN Operator, the next generation of its flagship platform. GEORGE, Utah – May 11, 2021 – TCN, Inc.,

Collection Agencies 246

Collection Agencies Collections Agency Collections 246

Account Recovery

MAY 25, 2021

a global provider of a comprehensive cloud-based call center platform for enterprises, contact centers, BPOs, and collection agencies, today announced the launch of its Voice Analytics, a set of advanced tools for search and discovery combined with automated call transcription and reduction. GEORGE, Utah – May 25, 2021 – TCN, Inc.,

Collection Agencies 227

Collection Agencies Collections Agency Collections 227

Taurus Collect

APRIL 9, 2024

In the dynamic landscape of business, maintaining a healthy cash flow remains a paramount challenge, particularly in the face of rising collection costs. This is where the innovative concept of No Cure No Pay debt collection in the UK presents a compelling solution. It’s part art, part science, and entirely essential.

Collections 72

Collections Debt Recovery Collection Agencies Collections Agency 72

Account Recovery

FEBRUARY 24, 2021

has granted a collection agency’s request for a stay in a Telephone Consumer Protection Act case pending the outcome of a Supreme Court case that will seek to define how an Automated Telephone Dialing System is defined under the statute. A District Court judge in Washington, D.C.,

Collection Agencies 208

Collection Agencies Collections Agency Collections 208

Account Recovery

OCTOBER 5, 2020

Judge Grants MTD in TCPA ATDS Case; Report Spotlight Resumption of Collection Lawsuits appeared first on AccountsRecovery.net.

Collections 246

Collections 246

Account Recovery

OCTOBER 2, 2020

A copy of the … The post FCC Issues NPRM on TCPA Exemptions appeared first on AccountsRecovery.net.

Collections 246

Collections 246

Qualco

OCTOBER 25, 2023

Artificial Intelligence and Machine Learning automate credit scoring, making loan approvals swifter and more accurate. This shift also reshapes the realms of credit and collections as a collaborative model, revolutionising how financial data is used. This productivity improvement empowers faster and more effective debt recoveries.

Credit Management 80

Credit Management Debt Recovery Retail Collection Agencies 80

Qualco

APRIL 15, 2024

THE NEW ERA OF CONSUMER LENDING In today ’ s rapidly evolving financial landscape, the significant increase in consumer lending presents new challenges for financial institutions, particularly in managing collections.

Collections 74

Collections Financial Institution Debt Recovery Unsecured Debt 74

NCBA Law Practice Management Blog

APRIL 14, 2024

Law firms usually collect money in arrears, ie – we’ve done the work, now kindly pay us. Most often, that payment is collected via a standard invoicing process. But, there is a better way – automating payments. A bill is sent to the client; then, the firm waits to get paid. And, it can be done in a law firm.

Law Firms 98

Law Firms Collections Creditors 98

NCBA Law Practice Management Blog

MAY 5, 2024

Accounts receivable end up counting against your profitability, because these reduce the amount of gross revenue you collect = the top line for your profit margin. So, the more you collect : the more you make. At that point, you can refer that person to collections, if you’re willing to pay for and utilize a service like that.

Law Firms 52

Law Firms Creditors Collections 52

Account Recovery

JUNE 15, 2023

TO AUTOMATE COLLECTION […]

Student loans 130

Student loans Student Loans Loans Collections 130

Account Recovery

APRIL 21, 2021

A District Court judge in Delaware has granted a plaintiff’s motion for reconsideration in a Telephone Consumer Protection Act case, ruling that the Supreme Court’s decision to invalidate the exception for using an automated telephone dialing system to collect on debts owed to the federal government means that companies that used that exception (..)

Government 147

Government Collections 147

Debtor Daddy

JANUARY 16, 2022

In this post, Debtor Daddy looks at five key trends we’re predicting in accounts collections this coming year. Increasing automation. Implementing accounts receivable collections tools (such as Debtor Daddy) that automate processes has many advantages. They also need a clear process for complaints or disputes.

Collections 80

Collections Debtor Debt Management 80

Burt and Associates

APRIL 1, 2024

Tackling Business Debt Collection in 2024: Hurdles and Game Plans for Entrepreneurs One constant challenge remains for business owners – getting paid on time. As we head into 2024, let’s look at the major debt collection roadblocks entrepreneurs will face, along with some essential tips for navigating this tricky territory.

Collections 52

Collections Debt Recovery Creditworthiness Collection Agencies 52

CICM

JUNE 7, 2023

The digital age has transformed how organisations operate in almost every industry, and collections are no exception. Advances in technology have made it easier than ever for businesses to enhance and streamline their collections processes, improve their cash flow, and manage risk. Use Automation Automation can be a game-changer.

Collections 52

Collections Collection Agencies Collections Agency Credit Management 52

PDC Flow

JULY 27, 2021

Automating these simple processes streamlines day-to-day responsibilities. If you manage operations for your call center , collection agency or office, identifying automation solutions that will impact your business should be a priority. Why Look for Automation Solutions? Consider automating repeated tasks.

Healthcare 94

Healthcare Collection Agencies Collections Agency Collections 94

FFGN COLLECT NY

DECEMBER 10, 2023

Did you know that the debt collection industry in the US is valued at $20.3 With a growth rate of 4.4%, finding a solution to expedite the debt collection process is crucial. Individuals and businesses involved in debt collection must overcome numerous hurdles, including the legal consequences and technological hurdles.

Collections 52

Collections Debtor Debt collector Financial services 52

Taurus Collect

SEPTEMBER 17, 2023

In the fast-paced world of collections operations, staying ahead means embracing innovation and modernisation. This blog post delves into five critical considerations for data modernisation in collections operations. In collections operations, it can be particularly valuable for budgeting purposes.

Collections 52

Collections Debt Recovery Debtor Collection Agencies 52

Nexa Collect

JUNE 10, 2023

AI, or artificial intelligence, has the potential to impact the field of debt collection significantly. Debt collection involves pursuing individuals or businesses to repay outstanding debts. Lowering Collection Costs: Human debt collectors take a significant percentage of all money recovered by them.

Collections 130

Collections Debtor Collection Agencies Collections Agency 130

American Profit Recovery

MAY 5, 2023

We always advise the organizations we work with to have an internal debt collection strategy prior to issuing accounts to a collection agency. There are many ways to get your customers to pay before handing that account over to your debt collection agency. Check out our pros and cons of various methods of debt collection.

Collections 210

Collections Collection Agencies Collections Agency Debt collector 210