Search Results for "Collection and Financial Services"
Results in News (140) Sorted by date
77%
(11/09/09)
ACA Defends Self-Regulatory Proposal for Debt Collection Industry Association leaders at ACA International’s Fall Forum last week used the final day of the meeting to further explain their idea to propose a self-regulatory structure for the accounts receivable management industry. ” According to ACA International, the proposal, as currently drafted, is designed to: Provide uniform license ...
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(11/05/09)
ACA International Board Halts Plans for Self Regulation in Collection Industry ACA International’s Board of Directors moved quickly Wednesday to halt proposed legislation that sought to create a self-regulation structure for the debt collection and purchasing industry after complaints from some of the board members. Emil Hartleb, executive director of Commercial Collection Agency Association, told insideARM that ACA’s approach to self regulation was “fraught...
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(10/22/09)
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77%
(10/21/09)
With the Consumer Financial Protection Agency, they will be trying to handle consumer protection in the financial arena. “One regulator for both originating creditors and debt buyers could eliminate confusion for the financial services industry and consumers alike,” <!--PAGEBREAK--> Peterman likes the idea of one set of rules for collectors rather than different rules in ...
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(10/19/09)
Executive Change: LDG Financial Services Promotes Willie Gray to Vice President of IT Press Release Mr. Randy Carbo, President/CEO and Mr. David Fletcher, EVP announced today the promotion of Mr. Willie Gray to the position of Vice President of IT. “David and I are very proud to announce that Willie has accepted the position of Vice President of IT” said Randy Carbo.
Results in Analysis (5) Sorted by relevance
82%
(05/23/07)
Global Aspirations: International and Cross-Border ARM M&A Activity Gains Momentum With the U.S. domestic market maturing, and competition also stiffening in other countries, debt collection and debt purchasing firms are eying foreign shores. “We’re a full-service collection agency in the U.S.,” notes Adam S. Cohen, the firm’s co-chair and CEO. Credit Corp acquired Pioneer Credit Management Services; Repcol acquired debt buyer Javelin; and Trans Tasman Collection,...
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2004 Not Just Another Year in the Collection Industry
(02/09/05)
Off Shore BPO firm purchases leading third party agencyFor the first time, an India-based business process outsourcing (BPO) firm acquired a U.S. debt collection agency. Financial buyers are also closing dealsIn January 2004, Parthenon Capital, a private equity firm, led a $167 million recapitalization of Diversified Collection Services ...
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Interest in Collection Agencies Soaring
(10/19/04)
Interest in Collection Agencies Soaring Merger and acquisition activity among collection agencies has certainly picked up in 2004. Generally when you hear of a merger or acquisition in this industry, or any industry for that matter, it is a deal where a larger collection agency purchases a smaller collection agency and absorbs it into its operations. While the Sallie Mae and West deals were merely continuations of an acquisition ...
77%
(01/29/08)
Those who are providing ARM services to credit grantors, including collection agencies, collection law firms, debt buyers, and other vendors, will undoubtedly feel the effect of these tumultuous economic conditions on collection results if they haven’t already. Strategic buyers continue their acquisitive ways Business Process Outsourcing (BPO) and CRM companies continued to aggressively acquire U.S. ARM companies. Consider that in ...
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(02/13/08)
A Growing Movement of PCI Compliance The Payment Card Industry Data Security Standard (PCI DSS) was developed by the major payments firms­­—American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa—as a common set of industry tools for organizations to follow to ensure the safe handling and protection of consumer’s sensitive information. Compliance to PCI requires merchants and service ...
Results in Research (3) Sorted by relevance
82%
Kaulkin Report 6th Edition - Chapter 2: Mergers & Acquisitions
(12/13/06)
Deal Terms Deal activity has increased with the prices paid for companies in the ARM industry. Types of Buyers Industry, strategic and financial buyers have targeted the ARM industry with varying levels of interest over the years. Strategic buyers recently acquiring ARM companies include: West Corp.</...
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Kaulkin Report, 6th Edition - Chapter 7: Debt Buying
(04/15/05)
As a result, a number of companies are considering or have made their first purchases of debt portfolios in recent years, driving up both the prices of debt portfolios and the size of the debt buying market. Important and sizable parts of the debt buying market are not included in these calculations: As the prices of debt portfolios have increased in recent years, many debt buyers have resold debt portfolios. --PAGEBREAK--> Face Value of Debt Exchanged</...
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Kaulkin Report, 6th Edition - Chapter 5: Legal Framework
(03/15/06)
--PAGEBREAK--> Federal Debt Collection Practices Act The Fair Debt Collection Practices Act (FDCPA) regulates the way in which debt is collected from consumers. --PAGEBREAK-->Telephone Consumer Protection Act The Telephone Consumer Protection Act (TCPA) regulates the use of automatic dialers, including the predictive dialers widely used by collection agencies to ...
Results in Pages (2) Sorted by relevance
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A.R.M. Solutions – Camarillo, CA ACCESS Receivables Management – Towson, MD American Coradius International LLC - Amherst, NY American Profit Recovery, Inc – Marlborough, MA Americollect – Manitowoc, WI ARSI - Wichita, KS Asset Recovery Solutions, LLC - Des Plaines, IL B-...