Tag : Debt Collection

AI Unlimited Group Enters B2B Market with Game-Changing Acquisition of Resolve Debt Platform
Artificial Intelligence B2B Fintech News

AI Unlimited Group Enters B2B Market with Game-Changing Acquisition of Resolve Debt Platform

GlobeNewswire
AI Unlimited Group, a pioneering force in artificial intelligence innovation, is thrilled to announce the acquisition of Resolve Debt, a powerful AI-driven platform specializing in debt collection technology and accounts receivable automation. This transformative acquisition marks AI Unlimited’s strategic entry into the B2B space, expanding its portfolio beyond consumer solutions......
Novae Becomes First Fintech Company to Offer Debt Help to Struggling Americans
debt collection Fintech News

Novae Becomes First Fintech Company to Offer Debt Help to Struggling Americans

PR Newswire
Over the last decade, Black-owned fintech company Novae has won numerous awards for customer experience, rapid growth, and innovation in the direct sales and finance space. Now they have a new offering: a program to help consumers get out of debt by obtaining partial debt forgiveness and more favorable repayment......
Aktos Announces New Investment to Transform the $20B Accounts Receivable Management Industry
debt collection News

Aktos Announces New Investment to Transform the $20 Billion Accounts Receivable Management Industry

Business Wire
Crew Capital and 8VC co-lead $4.4M financing round for Aktos as company expands leading debt collections software platform Aktos, the leading system of record for modern debt collections agencies, announced that it has raised $4.4 million in Seed funding co-led by 8VC and Crew Capital. The new capital will be......
Banking Fintech Mortgage News

Homeowners Are Protected From “Zombie Mortgages” By New CFPB Regulations

Fintech Staff Writer
What is “Zombie Second Mortgage”? The origin of these “zombie” mortgages may be traced back to “piggyback” mortgages, when a mortgage, also known as a “80/20 loan,” consisted of a first lien loan for 80% of the home’s value and a second lien loan for the remaining 20%. The second......
TrueAccord Joins the Visa Fintech Partner Connect Program
debt collection Digital Payments Fintech News

TrueAccord Joins the Visa Fintech Partner Connect Program

Fintech News Desk
TrueAccord Corp, a debt collection company using machine learning-powered digital recovery solutions to improve consumer experience, 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 meet Visa’s global standards......
Genesis and CredHub Launch Partnership to Help the Multi-Family Industry with Collections
Digital Payments News

Genesis and CredHub Launch Partnership to Help the Multi-Family Industry with Collections

Fintech News Desk
The combination of rental credit reporting and debt collection services provide a powerful way for Property Managers to lower payment delinquency. Columbia Debt Recovery (dba Genesis) and CredHub announce collaboration to increase ease of access for the nations’ Multi-Family Providers when it comes to submitting tenant payments, or missed payments......
Intelligent Banking Solutions. Inc., the leading Collection and Recovery Software for Financial Institutions, completes strategic equity investment with Arcadea Group
Finance News

Intelligent Banking Solutions. Inc., the Leading Collection and Recovery Software for Financial Institutions, Completes Strategic Equity Investment With Arcadea Group

Fintech News Desk
Intelligent Banking Solutions. Inc. partners with Arcadea Group to strengthen product roadmap and enhance its market presence Intelligent Banking Solutions. Inc. (“IBS”), the market leader in Debt Collection & Asset Recovery Management software for Financial Institutions, announces the close of a strategic equity recapitalization investment with Arcadea Group, the only......
Try HES LoanBox Readymade Lending Software
Lending News

Try HES LoanBox Readymade Lending Software

Fintech News Desk
HES FinTech announces the launch of HES LoanBox: readymade software for lending automation. HES experts say they implemented 10-year experience in loan management software development to create an end-to-end digital product for banks, credit unions, and alternative lenders. The software covers the business processes of multiple lending businesses: single installment, PDL,......
CFPB Issues Bulletin on ‘No Surprises Act’ to Stop Unlawful Medical Debt Collection
Consumer protection laws Credit Bureaus debt collection Featured News Risk Management

CFPB Issues Bulletin on ‘No Surprises Act’ to Stop Unlawful Medical Debt Collection

Sudipto Ghosh
Thanks to Consumer Financial Protection Bureau (CFPB), consumers availing of emergency medical services will get more protection from debt collection and credit bureaus. Last week, the CFPB released a bulletin related to the No Surprises Act. This step was taken to create awareness among debt collection agents and credit bureaus......
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