Monarch Recovery Management Advances Operational Process with Experian’s FirstSweep℠

Monarch Recovery Management, Inc., a Next Generation Collection Agency, is incorporating Experian’s FirstSweepSM, a comprehensive collections filtering product, to streamline workflow, reduce regulatory risk and deliver more value to clients.

Philadelphia, PA Monarch Recovery Management, Inc., an industry leading accounts receivable management company, announced they will be collaborating with Experian®, the leading global information services company, by using FirstSweepSM, an Experian tool, to improve efficiency and productivity and reduce regulatory risk.

“Experian’s clients have been asking for new tools to help them operate their business efficiently and safely,” said Paul DeSaulniers, Senior Director of Collections, Consumer Information Services, Experian. “FirstSweepSM delivers Monarch Recovery Management, Inc. an accurate, up to date program with a comprehensive view of the consumer in one place advancing Monarch’s operational process.”

“Maintaining our perfect compliance record, while regulatory requirements rise is a top priority at Monarch.  In today’s world, we must obtain a wide variety of information about consumers from numerous data sources and embrace new technologies to help us accomplish this. Leveraging FirstSweepSM enables us to be more productive and deliver greater returns to our clients,” said Anthony Mazzacano, Chief Strategy Officer.

For more information about Monarch Recovery Management, Inc. and Monarch’s Next Generation
Collection Strategies contact:

Anthony Mazzacano
Chief Strategy Officer
800.220.0605
amazzacano@monarchrm.com

About Monarch

Monarch’s mission is to deliver superior performance in the recovery of diverse asset classes through successful integration of processes, systems, personnel, and practices. For more information, visit https://monarchrm.com/

About Experian

Experian is the leading global information services company, providing data and analytical tools to clients around the world. The Group helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft.

Experian PLC is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended 31 March 2012 was US$4.5 billion. Experian employs approximately 17,000 people in 44 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.

For more information, visit http://www.experianplc.com.

Experian and the Experian marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein are the property of their respective owners.

Attorney John Rossman on CFPB Supervision: An Interesting Take

John Rossman’s podcasts on insideARM.com are always informative – but his recent one on CFPB oversight of the debt collection industry is definitely worth your time. In the wake of little oversight from the FTC, we’re about to see what it’s like with the New Boss. And like any new employee, the New Guy always seems to over-perform his first few months on the job.

Are we suggesting that oversight is totally unwelcome? Not at all – and neither is Rossman. But the potential danger may cost and confusion, something we all should be mindful of.