RMAI publishes and distributes press releases on various RMAI and receivables management industry topics including the RMAI Receivables Management Certification Program, the RMAI Annual Conference, financial literacy, member resources, and more.
RMAI Commends National Crackdown on the Collection of Phantom, Unsubstantiated Consumer Debt
On Monday September 29, 2020, the Federal Trade Commission (FTC) along with State and Federal Law Enforcement Partners announced, Operation Corrupt Collector, a nationwide law enforcement and outreach initiative to protect consumers from phantom debt collection and abusive and threatening debt collection practices. This crackdown [...]
RMAI Applauds CFPB Consumer Financial Protection Week
July 13, 2020: On July 14, 2020 through July 17, 2020, the Consumer Financial Protection Bureau (CFPB or Bureau) will host a series of events in connection with its launch of Consumer Financial Protection Week. The week’s events focus on how the Bureau protects consumers [...]
Press Release: RMAI Supports Consumers and Protecting Federal Stimulus Funds from Collections
(Sacramento, CA): On April 23, 2020, the Receivables Management Association International (RMAI) published the RMAI Commitment to Consumers and FAQs. To help consumers, RMAI prepared answers to frequently asked questions addressing a variety of concerns. RMAI members take hardship issues seriously and implemented guidance on [...]
Press Release: RMAI Supports Protection of Federal Stimulus Funds from Collections
(Sacramento, CA): On Monday, April 13, 2020, the Receivables Management Association International (RMAI) delivered a letter to U.S. Treasury Secretary Steven Mnuchin in support of recent efforts to ensure that direct funds distributed to households through the Coronavirus Aid, Relief, and Economic Security (CARES) Act [...]
Receivables Management Association International Honors Outstanding Members
February 5, 2020 (Sacramento, CA) – Leaders from Receivables Management Association International (RMAI) honored outstanding members this week at the association’s 2020 Annual Conference in Las Vegas, Nevada. Bud Reitzel Award RMAI awarded Walt Collins of Collins Asset Group, the Bud Reitzel Lifetime Commitment Award, the [...]
RMAI Launches Certification Version 7.0
RMAI EXPANDS NATIONAL CERTIFICATION PROGRAM TO INCLUDE VENDORS Launches Certification Version 7.0 April 15, 2019 (Sacramento, CA) – The RMAI Certification Council announces the adoption of version 7.0 of the Receivables Management Certification Program (RMCP) after a nine-month development and review process. The most significant enhancement to [...]
Massachusetts Court Rules in Favor of Passive Debt Buyers.
April 9, 2018 - Sacramento, CA - The Massachusetts Supreme Judicial Court handed down a ruling this morning holding that passive debt buyers are not required to obtain a Massachusetts license when "all aspects of the debt collection process are contracted out to and conducted [...]
Accounts Receivable Management Executives to Collaborate on Key Issues Impacting Industry
Leaders hold “Executive Roundtable” to share information and develop strategic alliances March 28, 2018 – Minneapolis, MN – Executives from leading trade associations representing the accounts receivable management industry gathered recently to strategize and discuss collaborating on projects of common interest. This Executive Roundtable, which [...]
RMA Adopts National Standards for the Purchase of Auto Receivables
RMA Launches Certification Version 6.0 March 9, 2018 (Sacramento, CA) – Last week, the RMA International Certification Council formally adopted version 6.0 of the Receivables Management Certification Program (RMCP), after a seven-month deliberation, drafting, and review process. One of the most significant enhancements in version 6.0 is [...]
Annual Conference Launches Optimistic Year for Receivables Management Professionals
February 13, 2018 (Sacramento, CA) – Optimism and energy permeated the atmosphere of Receivables Management Association International’s (RMA) 21st Annual Conference last week in Las Vegas, Nevada. The more than 1,100 attendees—made up of debt buyers, collection agencies, collection law firms, brokers, originating creditors, affiliates, [...]