Tag Archives: Convergent

The Attorney General of Washington has reached a settlement with a collector that it sued last year, which will see the collector pay $1.6 million in fines and restitution to consumers for allegedly deceiving them by making settlement offers in collection letters even though the collector could not enforce the …

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 …

The “Getting to Know” series is sponsored by Applied Innovation. Applied Innovation is helping to shape the future of accounts receivable management. Product development is driven by customer feedback, agency profitability and compliance and includes platforms addressing client portal access, document management, payment negotiation, Regulation E focused electronic payment authorizations …