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So far Aurora Sain has created 840 blog entries.

Member News: Kaulkin Ginsberg Company Releases an Important Report Detailing the State of the Accounts Receivable Management Industry in Q1 2020

June 10, 2020Germantown, MD. – Despite starting 2020 on strong footing, the U.S. economy has almost certainly plunged into recession due to the coronavirus pandemic, also known as COVID-19. Even as states begin to reopen, consumer demand is frozen and supply chains are disrupted. Businesses in every industry, including accounts receivable management (ARM), […]

2024-12-09T09:50:01-08:00June 11, 2020|Member News|

Member News: RevSpring Introduces eVoke™ Inbox, A Strategic Email Solution for ARM Organizations

Includes Advancements in Email Deliverability, Content in the Body of the Email, and a Guarantee That Customers Only Pay for What’s Delivered

LIVONIA, MI (June 9, 2020) – RevSpring, a leading provider of consumer engagement and payment solutions, today announced eVoke™ Inbox, which includes advancements to its email document delivery capabilities, allowing accounts receivables management (ARM) organizations […]

2021-01-19T20:57:22-08:00June 9, 2020|Member News|

Weekly COVID-19 Member Alert

CONTENTS

  • State Updates: Nevada, New York
  • Federal Update: HEROES Act
  • RMAI COVID-19 Resources

State Updates: Reopening Guidance and Court Operations

Nevada

Nevada Financial Institutions Division – Collection Agencies Can Operate

The Nevada Financial Institutions Division (FID) released updated guidance today advising that collection agency licensees can operate their business while following state and federal orders and guidance. To view […]

2024-10-15T13:36:05-07:00June 5, 2020|Member Alerts|

Member News: Absolute Resolutions Corp. Provides Relief Donations to Local Communities Struggling During National Unrest

June 4, 2020: BLOOMINGTON, MN – Absolute Resolutions Corp., headquartered in Bloomington, MN, announced today that on behalf of their employees they have made financial contributions to several community groups in the Twin Cities focused on relief efforts and community support.

“Minneapolis is our home, and the death of George Floyd has impacted so many across […]

2023-11-13T11:13:24-08:00June 4, 2020|Member Community Involvement|

Member Alert: Office of the Comptroller of the Currency Final Rule Follows RMAI’s Recommendations – Sale, Assignment or Transfer of Contract Rights Includes Permissible Interest

June 4, 2020: In 2015, in the matter of Madden v. Midland Funding, LLC, the Second Circuit made news in the lending and debt buying industries when it held a non-bank purchaser of bank-originated credit card debt was subject to New York State’s usury laws.  See, Madden v. Midland Funding, LLC., 786 F.3d 246, 250-51 […]

2023-11-13T11:13:43-08:00June 4, 2020|Member Alerts|

Member News: PSCU Partners with Telrock to Offer Next-Generation Delinquency Management Software Platform

St. Petersburg, Fla. — (June 4, 2020) — PSCU, the nation’s premier payments credit union service organization (CUSO), announced it has entered into an agreement with Telrock to offer its cloud-based collection and recovery software platform, Optimus, to PSCU Owners and other credit unions to improve their overall delinquent account management performance.

Through this partnership, both […]

2021-01-19T20:57:28-08:00June 4, 2020|Member News|

Weekly COVID-19 Member Alert

CONTENTS

  • State Updates: Connecticut, New York, Idaho
  • RMAI COVID-19 Resources

 


State Updates: Updated Regulatory Guidance and Recovery Loan Programs

Connecticut   

No Action Position Regarding Temporarily Working from Home Due to COVID-19 Extended

On May 20, 2020, the State of Connecticut’s Department of Banking issued an announcement indicating it would continue to allow consumer collection agencies to operate […]

2024-10-15T13:36:10-07:00May 28, 2020|Member Alerts|

Weekly COVID-19 Member Alert

CONTENTS

  • State Updates: New York, Texas, Minnesota, Nevada
  • Consumer Financial Protection Bureau
  • RMAI COVID-19 Resources

State Updates: Debt Collection Suspension Status and Regulatory Guidance

New York

Suspension of State Debt Collection Renewed

New York State: On May 15, 2020, recognizing many New Yorkers are still suffering physically and economically from the impact of the COVID-19 pandemic, New York […]

2023-11-13T11:13:28-08:00May 22, 2020|Member Alerts|
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