Account Recovery

JULY 20, 2023

(Rock Hill, SC – July 20th, 2023) Williams & Fudge, Inc., an industry leading receivables management firm since 1986 focused on the recovery of education-receivables, is proud to announce the acquisition of RGS Financial, Inc. (“RGS”), a trusted first and third-party accounts receivable management (ARM) agency.

Acquisition 130

Acquisition Accounts Receivables Management Education 130

Troutman Sanders

JULY 20, 2023

The Federal Reserve (Fed) has officially launched its new instant payment service, FedNow, which aims to modernize the U.S.’s payment system. As previously discussed here and here , consumers and businesses will be able to send and receive money within seconds, at any time of the day and on any day of the year. This will eliminate the one to three days’ lag time of traditional money transfers, providing the public with more flexibility in managing their money.

Banks 52

Banks Credit Unions Credit Unions Financial Institution 52

Account Recovery

JULY 20, 2023

Dick Williams has spent nearly six decades in the ARM industry and has likely forgotten more about collecting debts than most in the industry will ever learn. But does that stop him from trying to learn new things? Absolutely not.

Collections 100

Collections 100

On Guard

JULY 20, 2023

At Onguard, we use the Power of One every day to help us succeed financially. Our approach is all about using clear and friendly information to educate people, convince them of the advantages, and show them how important it is to focus on customers to achieve financial success. We know that customer-centric strategies are vital for long-term growth and sustainability.

Credit Management 40

Credit Management Education 40

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.

Account Recovery

JULY 20, 2023

The California State Appeals Court has issued rulings in a pair of cases involving the same plaintiff and defendant — a collection law firm — affirming a jury award against the law firm and reversing the $269,325.

Law Firms 100

Law Firms Collections 100

Account Recovery

JULY 20, 2023

The Consumer Financial Protection Bureau yesterday filed a lawsuit against a consumer finance company, accusing it of a number of violations, including making threats to take actions against consumers when collecting on delinquent accounts that it did not intend to take and not having policies and procedures concerning the accuracy of information it was furnishing […]

Collections 100

Collections 100

Account Recovery

JULY 20, 2023

Five years after announcing a $15 million investment that would bring 500 jobs to the region, PRA Group yesterday announced it was closing its call center in Danville, Va., in October, and 123 employees at the location will be affected.

100

100

Account Recovery

JULY 20, 2023

Getting to Know Dick Williams of Advanced Recovery Systems CFPB Sues Finance Co. for ‘Bullying’ Consumers by Making False Collection Threats, Among Other Allegations Calif.

Law Firms 100

Law Firms Collections 100