The TCPA requires any company to obtain expressed consent before contacting them via a mobile phone, whether by call or SMS text message. That said, there are some caveats, such as a one-call safe harbor. Use technology to track and facilitate those risks to stay out of trouble.

Collecting debts through communication channels like text messaging or email have long been rejected as too risky but debtors are increasingly more comfortable with those methods than live phone calls. Solutions are available to meet consumer preferences and stay compliant with regulations.

Access security to systems, applications, hardware, and even physical locations is important to address when terminating a relationship with an employee. Thousands of former employees and IT professionals have active user credentials for former employers - those oversights can result in real damage.

If you really think about it, your debt collection agency or department is swimming in data your team collects. And you can add more data from outside companies! What will differentiate your company from your competitors is how you use those data and insights because that's where all the power lies.

Leadership in the ARM debt collection industry may not be life or death of individuals, but decisions can impact the growth or demise of a business, which in turn affects the lives of employees or clients in profound ways. Modern debt collection software helps businesses act on big decisions.

Optimism and hope were the two words for the ACA conference in Nashville, TN in July. Collection agencies are optimistic about the industry, their businesses, and new technologies to advance their goals.

The ACA International annual conference provides industry information, training, and opportunities for networking invaluable to the debt collection professional. Come visit InterProse at Booth 223 in the vendor space. InterProse is a Silver Sponsor for the 2018 Nashville ACA Conference.

In the debt recovery industry, CIA stands for Communication, Integrity, and Availability. This is an acronym Jeremy Mapes promotes to prioritize issues when evaluating web based software platforms. Your vendor should be able to detail how data is protected, backed up, and accessed by trusted users.

Regulation in the debt collection market is inconsistent and frustrating for agency owners. Calls for consistency in the regulatory environment has become a chorus over the years, but with no coordination between the various regulatory agencies. Leadership changes to the CFPB bring new hope. Or not.

Data analytics for debt collection agencies or departments can optimize processes to reduce wasted time, maximize RPCs right party contacts, evaluate employee performance, or any number of business metrics that can squeeze out more profit. Integrated tools in modern platforms are most effective.