Kino Financial is proud to announce that Anne Hameroff, Managing Member, has generously donated $25,000 to the Community Food Bank of Southern Arizona as part of a matching gift program, raising over $50,000 for the CFBSA. This contribution reflects our ongoing commitment to giving back to the community and supporting vital organizations that make a […]
Are you passionate about shaping the future of the receivables management industry? RMAI is now accepting candidates for the 2026 board of directors. Serving on the board offers a unique opportunity to drive strategic initiatives, represent our members’ interests, and influence the direction of your association.
RMAI is seeking qualified candidates who wish to run for […]
Partnering Together to Seamlessly Enhance Third-Party Collections Nationwide
Rochester, N.Y. – October 22, 2025 – Continental Service Group, LLC d/b/a ConServe, a top-performing provider of accounts receivable management services specializing in customized collections solutions, proudly announces its integration partnership with AKUVO, the leading provider of collections software solutions. This integration will allow credit unions […]
On October 3, 2025, California Governor Gavin Newsom approved Senate Bill 446 which amends California’s data breach notification statute, Cal Civ Code § 1798.82. The bill goes into effect January 1, 2026. The amendments would:
Bringing Over 40 Years’ Combined Experience in Client Development and Collections Management
Rochester, N.Y. – October 20, 2025 – Continental Service Group, LLC d/b/a ConServe, a top-performing provider of accounts receivable management services specializing in customized collections solutions, is excited to announce the addition of Joe Del Bene and Tammy Kelley to their Sales […]
On September 26, a federal court judge ended a challenge to the constitutionality of New York’s Fair Consumer Judgment Interest Act (“FCJIA”), which retroactively reduced the statutory post-judgment interest rate on consumer debt judgments from 9% to 2%. The basis for the challenge by three New York-based credit unions was that FCJIA amounted to an […]
On September 12, 2025, the Massachusetts Division of Banks announced final amendments to its regulations regarding the conduct of debt collectors, student loan servicers, and third party loan servicers. The amendments also address aspects of licensing and registration procedures. The amendments became effective September 26, 2025.
Notably, the amendments reflect previous regulatory guidance that […]
Nominate an Industry Leader for the Bud Reitzel Award
Considered one of the industry’s founding fathers and a mentor to many, Bud Reitzel brought integrity, innovation, and passion to the field he helped shape. The values he instilled at Asset Acceptance and impressed upon all who worked with him continue to guide thousands of professionals, whether […]
Members who are licensed in the State of California as Debt Collectors should have received their first annual assessment fee from the California Department of Consumer Protection and Innovation (DFPI) on or before September 30, 2025. This annual assessment fee is required pursuant to section 100020 of the California Financial Code.
In the September 30th […]
By: Keshonda Walker, Director of Compliance, InvestiNet
Social media has become a primary source of information (including misinformation and disinformation) for millions of people. In recent years, a trend has emerged of viral videos encouraging consumers to avoid paying debts in collection. These videos are often created by financial influencers or small business owners looking to […]