Press Releases


Press Release will be posted within a week of submission. Posting Fee Starting at $35.00
Note: Please Send Your Press Release in (word or pdf file)
Email it to inquiry@collectionindustrynews.com

DCM Services Announces Two Executive Promotions

MINNEAPOLIS — July 19, 2017 — DCM Services, the industry leader in estate and specialty account recovery solutions, this week announced the promotion of two key executives: DeAnna Busby-Rast and Shawn Brown. [caption id="attachment_1174" align="alignleft" width="240"] DeAnna Busby-Rast[/caption] DeAnna Busby-Rast is promoted to Chief Business Development Officer (CBDO).In her new role, Busby-Rast will lead all strategic sales and marketing as well as oversee all product and service development, internal and...Read More
Posted in Press Releases | Tagged , | Comments Off on DCM Services Announces Two Executive Promotions

DCM Services Named a Top 150 Workplace for Second Year in a Row by Minneapolis Star Tribune

MINNEAPOLIS — June 26, 2017 — DCM Services, LLC, the industry leader in estate and specialty account recovery services, has been named one of the Top 150 Workplaces in Minnesota by the Star Tribune for the second year in a row. Top Workplaces recognizes the most progressive companies in Minnesota based on employee opinions measuring engagement, organizational health and satisfaction. “Being named a Top 150 Workplace for the second time, based exclusively on...Read More
Posted in Press Releases | Tagged , | Comments Off on DCM Services Named a Top 150 Workplace for Second Year in a Row by Minneapolis Star Tribune

Gatestone & Co, Inc. – Notice of Acquisition, Effective June 30, 2017

Gatestone & Co. Inc. (Gatestone), announces in a joint press release with Alorica that it has acquired all of the outstanding shares of NCO Financial Services, Inc. (NCO), 1st and 3rd Party collection business operating in Canada. Gatestone also acquired certain segments of ThirdParty non-healthcare operations of Global Receivables Solutions, Inc. (GRSI) handled in Omaha, NE and Fredericksburg, VA. This transaction represents a unique and significant opportunity to enhance Gatestone’s...Read More
Posted in Press Releases | Tagged , | Comments Off on Gatestone & Co, Inc. – Notice of Acquisition, Effective June 30, 2017

Maine Adopts New Debt Buyer Provisions

June 20, 2017 (Sacramento, CA) – On Friday, June 16, Maine Gov. Paul LePage signed into law HP 836 (LD1199), which added new requirements to the Maine Fair Debt Collection Practices Act for companies that purchase receivables on the secondary market. The law requires debt buying companies to possess specific account-level data and documents prior to collecting a debt and ensures this information is provided to the consumer and court...Read More
Posted in Press Releases | Tagged , | Comments Off on Maine Adopts New Debt Buyer Provisions

Federal Reserve Report Affirms Importance of Debt Collection in the Credit Ecosystem

June 29, 2017 (Sacramento, CA) – The Federal Reserve Bank of New York published a report in May 2017 confirming the vital role of debt collection in the credit-based economy. The report, titled Access to Credit and Financial Health: Evaluating the Impact of Debt Collection, is based on data analytics between states with varying degrees of regulation. The analysis found that, “restricting collection activities leads to a decrease in access...Read More
Posted in Press Releases | Comments Off on Federal Reserve Report Affirms Importance of Debt Collection in the Credit Ecosystem

ABC-Amega Unveils New Corporate Branding with Website Launch

Buffalo, NY – ABC-Amega, a global commercial receivables management firm headquartered in Buffalo, NY, launched a refresh of its corporate brand, unveiling a new logo, tagline and redesigned website. ABC-Amega, an 88-year-old firm, last updated its branding in 2003. The company’s rebranding efforts began following its move into an expanded office space in late-2015, when they moved into the historic and innovative 500 Seneca building in the City of Buffalo....Read More
Posted in Press Releases | Tagged , | Comments Off on ABC-Amega Unveils New Corporate Branding with Website Launch