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General News

M&A Activity in ARM Industry Picks Up in 2Q

After a fairly slow start to 2019, merger & acquisition activity in the accounts receivable management space picked up in the second quarter, according to data released by Corporate Advisory Solutions. There were 14 deals in the second quarter, with a total enterprise value of $957 million. That compares with …

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Industry Veteran Named to State Collection Board

Congratulations to a very good friend of AccountsRecovery.net, Mike Hiller from American Profit Recovery, for being named to the Michigan Collection Practices Board by Gov. Gretchen Whitmer. Hiller, who is a frequent speaker on webinars produced by AccountsRecovery.net, had previously served as a Subject Matter Expert (SME) for the state’s …

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Bureau Extends Collection Rule Comment Period For 30 Days

Admitting it has received requests from representatives in both the financial services industry and consumer advocacies, the Consumer Financial Protection Bureau announced yesterday via a publication in the Federal Register that it will extend the comment period by 30 days for the Notice of Proposed Rulemaking related to debt collection. …

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House Committee Reschedules Collection Hearing

A hearing that was originally scheduled for late June before the House Financial Services Committee on the topic of debt collection has been rescheduled for Thursday, Sept. 26 at 10 a.m. EDT. The hearing, “Examining Legislation to Protect Consumers and Small Business Owners from Abusive Debt Collection Practices” will be …

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Nordis Technologies Automates USPS Certified Mail, Making It Faster, Easier and Less Expensive

CORAL SPRINGS, FLORIDA, July 31, 2019—Nordis Technologies is rolling out ExpressoCertified™, a product that automates and streamlines the time-consuming process of sending Certified Mail®. Moving to ExpressoCertified also saves senders $2 in postage costs per Certified Mail piece and offers electronic archival of the Electronic Return Receipt, including signatures. Many companies …

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