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An Easier Way to Accelerate Payments

In an era of workforce shortages, organizations are looking at all their options to improve employee efficiency and productivity. For some, that means adding a payment platform that is compatible with your current workflow system. But it is important to ensure the payment platform has some key features to accelerate the payment process. Let’s look at a few of those.

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Trouble Texting? Clear the Carriers’ Hurdles. 

Texting is a critical part of an effective debt collection strategy, but even after the green light from Reg F, carriers and aggregators are making it tough. Without some guidance, it could seem impossible to get your text messages delivered. In this video, presented by TCN, you’ll learn how to clear the hurdles presented by cell phone carriers and get your text messages delivered.


Watch the video here.

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Sedric AI Names David Sargent Director of Sales

New York, NY -- Sedric.ai ("Sedric AI "), a pioneer in AI-driven compliance solutions for consumer finance firms, today announced that accounts recovery management (ARM) industry veteran David Sargent has been named Director of Sales. Sargent, who brings more than 30 years of experience in the ARM industry as an entrepreneur and sales executive, will expand and strengthen Sedric AI’s U.S. client relationships.

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Abrahamsen Gindin LLC Establishes a New Commercial Collection Group

SCRANTON, Pa.-- Abrahamsen Gindin LLC (AG Law), a multi-state creditors’ rights firm, is pleased to announce the formation of a new commercial debt collection group to operate as AG Commercial Law, LLC (“AGC”).    The new group will be led by Lloyd S. Markind, Esq., together with Jerred P. Roth, Esq., long-time commercial collection attorneys in the states of Pennsylvania, New Jersey, West Virginia, and Kentucky.

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States Urge Supreme Court to Find CFPB Funding Unconstitutional

On July 10, the West Virginia attorney general, along with 26 other states, filed an amicus brief in support of respondents in Consumer Financial Protection Bureau v. Community Financial Services Association of America, arguing that the CFPB’s funding structure violates the Constitution and that by operating outside the ordinary appropriations process states are often left “out in the cold.” In their brief, the states urged the U.S. Supreme Court to uphold the U.S. Court of Appeals for the Fifth Circuit’s decision in which it found that the Bureau’s “perpetual self-directed, double-insulated funding structure” violated the Constitution’s Appropriations Clause.

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Navigate the New TCPA

Phone calls and text messages are the most effective ways to reach consumers in the debt collection world. Unsurprisingly, they are also the most heavily regulated modes of communication. The Federal Communications Commission (FCC) recently made significant changes to the Telephone Consumer Protection Act (TCPA) for calls and texts, and those changes have made it even more difficult for collectors to reach consumers about their past-due debt.

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Vertican Technologies Announces Corporate Rebranding and Newly Designed Website Coming Soon

FAIRFIELD, N.J. -- Vertican Technologies, a global leader in the legal collections software industry, is excited to announce its corporate rebranding and the launch of its newly designed website, set to go live in the coming months.

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Work Smarter, Not Harder - Compliance Sells! The Intersection Between Compliance and Sales

23 August 2023 at 02:00 p.m.

Compliance sells. Sure, your organization gets a chance to talk about its compliance program in response to questionnaires, but are your salespeople armed with this information? Do you have compliance and sales working together so salespeople can tell prospective clients what sets your organization apart and how you’ll help them increase numbers AND protect their brand?

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