General News

Minneapolis, MN — June 17, 2021 — DCM Services, LLC (DCMS) the industry leader in estate and specialty account recovery solutions, announces the addition of Elva (Betz) Krantz, SHRM-SCP to its senior leadership team. Elva will lead the DCMS Human Resources team as Vice President, Human Resources. Krantz is a …

The Biden administration is undertaking an “aggressive” effort to overhaul the senior leadership ranks of the Consumer Financial Protection Bureau, seeking to replace individuals who were hired when President Trump was in office with those who are more likely to share the current administration’s views on enforcement and supervision, according …

A published media report aims to answer a question that many in the accounts receivable management industry have long asked — Why is Buffalo the epicenter for illegal debt collection activity? According to the report, cheap office space, no licensing requirements, and huge profits reaped by legitimate debt collectors dating …

ST. GEORGE, UTAH (PRWEB) JUNE 09, 2021 — TCN, Inc., a global provider of a comprehensive cloud-based call center platform for enterprises, contact centers, BPOs and collection agencies, today announced the launch of “Understanding STIR/SHAKEN,” an online guide that breaks down the most important rules and issues related to the new Secure Telephone …

It might not seem like much until you sit down and actually quantify it, but hiring a job applicant who is not a good fit for your company can be a very costly mistake. Not just in the money that you spend on screening, training, and compensating the employee, but …

More than one-third of individuals participating in a study organized by Consumer Reports found at least one error on their credit report, leading the advocacy group to call on furnishers — including debt collectors — to be required to follow stronger standards to ensure the accuracy of information contained in …

Spire Recovery Solutions, a professional and nationally licensed full-service debt collection agency located in Lockport, New York, announces a $1500 donation to the Shriners Hospitals for Children. Shriners is a nationwide network of non-profit medical facilities that provides specialized pediatric care regardless of families’ ability to pay. “In these difficult …

Transworld Systems Inc. (TSI) continued its acquisition binge last week, announcing on Friday evening that it had closed on its purchase of Account Control Technology Holdings, which had 20 offices and nearly 4,000 employees at one time. While terms of the deal were not disclosed, sources estimated that TSI paid …

Public colleges in 49 states across the country — all but Louisiana — are being called out in a report for placing unpaid debts with private collection agencies to be repaid for tuition, library fees, and parking fines, creating a “spiraling” amount of debt that former students are not able …

A pair of senior leaders from the Consumer Financial Protection Bureau are departing in the coming weeks, according to published media reports. Bryan Schneider, the Associate Director of the Bureau’s Supervision, Enforcement, and Fair Lending Division is leaving the regulator and Peggy Twohig, the Assistant Director for Supervision Policy, has …