NobelBiz was awarded $1.5 million by a Texas jury last week after Global Connect and TCN were found to have violated two of Nobel’s patents. Because the jury unanimously agreed that the defendants willfully violated the patents, the court could increase the damages to $5 million. “We are extremely pleased …
Read More »Report Details How Federal Government Tested Collection Letters To Improve Recovery Rates
How was the federal government able to get 45% more Americans who owed the government non-tax debt to pay online? By making the address that they had to put in shorter. That was part of an initiative by the White House’s Social and Behavioral Sciences Team to improve recovery rates for the Treasury …
Read More »Ontario Systems Acquired By Private Equity Firm
Ontario Systems announced today that a majority share in the company had been purchased by Arlington Capital Partners, a private equity firm. Terms of the deal were not disclosed. Arlington bought out the shares owned previously by Oxford Financial. On its website, Arlington describes itself as a middle-market investment firm …
Read More »Audit Identifies Shortcomings in CFPB Database
An internal audit conducted by the Consumer Financial Protection Bureau of complaints filed by consumers identified a number of inaccuracies in the complaint database and the agency is being asked to improve its internal controls to improve the accuracy of the database. A report of the audit’s findings and conclusions …
Read More »BillingTree adds Business Development Director ‘Greg Mallin’ to focus on Payrazr Solution Suite and Expanding Vertical Markets
Phoenix, Ariz. – September 15, 2015 BillingTree® today announced Greg Mallin as director of new business development, focused on extending access to the company’s payment services and solutions to broader markets and industries. The position was created to facilitate growth and demand as a staff addition reporting to Vice President …
Read More »Welcome To The New AccountsRecovery.net!
Thank you for checking out the new and improved AccountsRecovery.net! The site has undergone its first major redesign since it was launched eight years ago. I hope you enjoy the improvements that have been made. Everything that made the old site as valuable and worthwhile is here on the new version of …
Read More »CDS Software adopts Payrazr
Phoenix, Ariz. – September 3, 2015 BillingTree® today announced that CDS Software has adopted and is now offering the new Payrazr™ payment suite. Payrazr enables clients using the CollectOne software suite to gain a competitive edge and drive revenue by accessing the full range of Payrazr solutions for their payment …
Read More »FTC Moves Dallas Event To Larger Venue
Thanks to a volume of pre-registrations that matched the capacity for the original venue, the Federal Trade Commission has decided to relocate the upcoming Debt Collection Dialogue in Dallas to the Dedman School of Law, Southern Methodist University, Karcher Auditorium, Storey Hall, 3315 Daniel Avenue, in Dallas. Pre-registration, which had been …
Read More »Parceldocs.com Will Offer Flat-Rate Unlimited Searches
Kansas City, MO – August 20, 2015 – Firms in the legal, collection and investigative industries will soon have a fast, easy and cost-effective way to search for real estate data online. Parceldocs.com plans go live beginning on September 15, 2015, allowing members to search nationwide for property ownership by …
Read More »FTC Associate Director Writes About Debt-Buying Industry’s Efforts To Regulate Itself
Reilly Dolan, an Acting Associate Director at the Federal Trade Commission wrote a blog post this morning on the debt-buying industry’s attempts to regulate itself. Dolan was a panelist at DBA International’s recent Executive Summit and he wrote about his experience and what he saw and heard during the time he …
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