Tag Archives: TrueAccord

TrueAccord Joins the Visa Fintech Partner Connect Program

LENEXA, Kan., Nov. 8, 2022 — TrueAccord Corp, a debt collection company using machine learning-powered digital recovery solutions to improve consumer experience, today announced it joined the Visa Fintech Partner Connect program. Through Visa Fintech Partner Connect, TrueAccord is Visa Ready certified. This certification helps technology companies build and launch payment solutions that …

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TrueAccord Parent Buys ERC Recovery Business

LENEXA, Kan., Oct. 4, 2022 — One True Holding Company d/b/a/ TrueML, a financial technology software company developing machine learning-driven products that enable intelligent, digital communication including in the debt collection space, today announced it has acquired the debt collection business of Enhanced Recovery Company, LLC (ERC), a leading collections provider. The deal will …

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TrueAccord Fined $10k by State Regulator

The Connecticut Department of Banking has entered into a consent order with TrueAccord for a number of alleged violations, including collecting on loans that violated state usury laws, commingling funds from its business account with funds in its trust accounts, and advertising financial products and services of unlicensed affiliates in …

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TrueAccord Launches Web Chat for Consumers

TrueAccord announced last week that it has rolled out a web chat feature for consumers who would prefer to communicate with the company online, citing data that a growing number of consumer prefer that method over phone, email, and social media support. Looking to capitalize on the last few weeks …

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Consumers Share Financial Regrets, Details about Credit Card Debt

Defaulting on payments and ending up in debt collection is the fourth-most popular regret among consumers with respect to their financial situations, according to the results of a poll commissioned by TrueAccord, which it released earlier this week. The poll also revealed that Americans are carrying about $3,000 worth of …

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TrueAccord Announces Results Confirming Effectiveness of Digital-First Retain Product for Early-Stage Delinquencies

LENEXA, Kan., Jan 25, 2022 — TrueAccord Corporation, a debt collection company offering machine learning-powered digital recovery solutions, today announced results following the September 2021 rollout of Retain, the client-branded product that addresses early-stage recovery challenges for organizations with customers with delinquent accounts. TrueAccord Retain is now being used by …

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TrueAccord Launches Retain, a Digital-First Solution for Early-Stage Collections

Lenexa, KS – Sept. 16, 2021 – TrueAccord Corporation, which offers  intelligent digital recovery and communication products and services, today launched Retain, a new, client-branded product that addresses early-stage collection challenges for lenders and other organizations with customers with past-due delinquent accounts. Using the company’s patented, machine learning-based and self-optimizing …

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A Thank You To the Sponsors of AccountsRecovery.net

I would not be able to do the things that I do on a daily basis to bring news and information to the accounts receivable management industry without the generous and bountiful support of the companies who participate as sponsors and advertisers. For allowing me to grow my platform and …

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The Pros and Cons of Trying to Sell Into Large Companies

Collection agencies that want to woo larger clients better not hold their breaths, because the sales cycle for those types of clients has expanded dramatically, according to one speaker during a webinar hosted yesterday by AccountsRecovery.net. It is not uncommon for the sales cycle for a large client to now …

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