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Receivables Exchange to expand with $17 million in venture funding
27 Jan 10
Receivables Exchange to expand with $17 million in venture funding
The Receivables Exchange has secured $17 million in series C financing from Bain Capital Ventures, with additional commitments in the works. Launched ... READ MORE
Florida governor candidates spar over debt collector regulations
26 Jan 10
Florida governor candidates spar over debt collector regulations
The two leading candidates in Florida's gubernatorial race are taking stands on how the state should regulate and punish debt collection agencies. Dem... READ MORE
Replacing 'knee-breaking' with 'empathy training' in debt collection
25 Jan 10
Replacing 'knee-breaking' with 'empathy training' in debt collection
More collection agencies reportedly are beginning to incorporate empathy techniques into their employee training programs, leaving behind the old repu... READ MORE
W.Va. attorney general files complaint against Capital One
25 Jan 10
W.Va. attorney general files complaint against Capital One
Credit card company Capital One and debt collection agency COSI Receivables have been sued by West Virginia Attorney General Darrell McGraw's office, ... READ MORE
Columnist knocks collection agency, touches off debate
20 Jan 10
Columnist knocks collection agency, touches off debate
Baltimore Sun business columnist Jay Hancock reveled in the bankruptcy of AR management firm Mann Bracken, calling the office's closing so welcomed th... READ MORE
IRS Announces New Mileage Rates for 2010
03 Dec 09
IRS Announces New Mileage Rates for 2010
The 2010 optional standard mileage rates the IRS issued today for calculating the deductible costs of operating a vehicle include 50 cents a mile for ... READ MORE
Finance salaries expected to hold steady in 2010
06 Nov 09
Finance salaries expected to hold steady in 2010
Robert Half International recently released its 2010 Salary Guide for accounting and finance professionals, which tracks starting salary information f... READ MORE
Lane Bryant outsources AR program to Alliance Data
05 Nov 09
Lane Bryant outsources AR program to Alliance Data
Charming Shoppes Inc., the Besalem, Pa.-based parent company of retailer Lane Bryant, has closed a deal to sell its credit card receivables program an... READ MORE
Supply chain cash flow has slowed, Cortera index shows
05 Nov 09
Supply chain cash flow has slowed, Cortera index shows
Payments and cash flow through the supply chain slowed in October, reversing a four-month trend, according to Cortera, a business information company ... READ MORE
Judge set to hear CIT bankruptcy plan Dec. 8
03 Nov 09
Judge set to hear CIT bankruptcy plan Dec. 8
CIT Group Inc. will appear before a U.S. bankruptcy judge Dec. 8 to seek approval of its proposed reorganization plan, which includes emerging from ba... READ MORE
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