Tagged: debt collection

September 6, 2021 @ 10:57 pm By Omar Faridi  |  

One in 10 or around 10% of Buy Now Pay Later (BNPL) shoppers have been contacted by debt collection agencies, and this figure increases to one in eight for younger consumers, according to Citizens Advice. The Citizens Advice charity has shared research findings which reveal… Read More

August 19, 2021 @ 3:21 pm By Omar Faridi  |  

In 2019, Todd Johnsen, Snap Finance’s senior manager of Collections Vendors, had been tasked with doing something which had never been done at Snap before: implementing a third-party collections program. Johnsen noted that at that time, the only recovery program for charge-off accounts was “a… Read More

August 4, 2021 @ 11:21 am By Omar Faridi  |  

TrueAccord Corporation, a debt collection firm providing digital-first and consumer-centric services for resolving debts, revealed on Tuesday (August 3, 2021) that it made changes to its executive leadership team. TrueAccord noted that the changes were made to support “a planned expansion of products and services.”… Read More

July 19, 2021 @ 11:21 pm By Omar Faridi  |  

TrueAccord, a Fintech that aims to transform debt collection into “a pathway toward financial health,” noted that halfway through 2021, digital commerce and consumer spending continue to witness the impact of government stimulus payments “while consumers look for new ways to invest and leverage their… Read More

June 2, 2021 @ 12:36 am By Omar Faridi  |  

TrueAccord, a Fintech that aims to transform debt collection into “a pathway toward financial health,” recently revealed that Ohad Samet, CEO and Co-founder of TrueAccord Group, has been named to the inaugural debt collection advisory committee of the California Department of Financial Protection and Innovation… Read More

May 25, 2021 @ 7:09 am By Omar Faridi  |  

Andres Luts, Chief Credit Officer at EstateGuru, an online lending platform that offers retail investors the ability to back loans secured by property, is responsible for managing the platform’s credit policy across several different European nations. Luis recently talked about EstateGuru’s enforcement proceedings that are… Read More

March 26, 2021 @ 10:17 pm By Omar Faridi  |  

Regulators care “as much about consumer preference in debt collection as creditors,” according to Kelly Knepper-Stephens, Vice President Legal & Compliance at TrueAccord, a Fintech that aims to transform debt collection into “a pathway toward financial health.” Kelly, who’s based in the San Francisco Bay… Read More

February 27, 2021 @ 3:58 pm By Omar Faridi  |  

Kansas-based TrueAccord, a Fintech firm that has created special software that allows financial institutions to negotiate debt payments with borrowers, announced earlier this month that they welcomed Courtney Graham, former Chief People Officer of Four Winds Interactive, to their team. Courtney Graham has been appointed… Read More

January 21, 2021 @ 8:14 pm By Omar Faridi  |  

Kansas-based TrueAccord, a Fintech firm that has created special software that allows financial institutions to negotiate debt payments with borrowers, notes that as they begin 2021, they’re “looking ahead and seeing a lot to be optimistic about in the world of collections.” TrueAccord writes in… Read More

September 7, 2020 @ 12:25 pm By Omar Faridi  |  

Latvia-based peer to peer (P2P) lender Grupeer has provided an update regarding the current status with the repayments and debt collection processes on its platform. The Grupeer team noted that, as its clients already know, since April 2020, the lender had suspended its “economic activity.”… Read More

February 20, 2019 @ 7:01 am By Erin Hobey  |  

TrueAccord, an automated debt recovery platform, has partnered with Lenexa, Kansas for its new shared services operation, committed to investing $1.34 million with a plan to expand to over 150 professionals over the next three years across sales, operations and technology functions. “We chose the… Read More