Recent Posts

22 Companies Seeking Collection Talent

During this, The Great Resignation Era, I thought it would be helpful to start a regular posting of different jobs within the accounts receivable management industry that I have found online. Please make sure to do your own due diligence before applying for a position included here or accepting any …

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Firm Announces Acquisition of Washington-based Collection Agency

A private holding company that says it is actively seeking to purchase accounts receivable management firms has announced the acquisition of a collection agency based in Washington. Terms of the deal were not disclosed. Thomas Crown Inc., which was formed in 2019, announced the purchase of Rainier Collections Services, based …

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R.I. Legislature Passes Law Requiring Bond for Collectors

In an update that was first published by ACA International, the Rhode Island legislature has passed a bill that will require debt collectors to obtain a bond before they can be licensed. The bill, S. 2794, is now heading to the desk of Rhode Island Gov. Daniel McKee for his …

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Recovery Decision Science Acquires the Assets of Geist Holdings

CINCINNATI, Ohio – Recovery Decision Science, LLC (RDS) has acquired the assets and technology of Geist Holdings, Inc. (Geist), a skiptrace processing organization that applied proprietary data mining and quantitative analytics to provide unparalleled service finding account holder places of employment.  This acquisition improves and complements the services that RDS …

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Chatbot Usage Growing in Financial Services

We are less than a decade away from humans being unable to determine whether they are speaking with a human or a bot during webchat sessions, according to a published report. Chatbots are becoming a more common component of customer service offerings in the financial services industry, and offer companies …

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