Payscout hosted an interactive panel, “Payment Compliance Outlook and Why It Matters to Collection Agencies,” at the ACA International Annual Convention and Expo.ACA Convention, the largest event for the credit and collections industry, provides an opportunity for attendees to learn from experts whose innovative ideas keep professionals ahead of a shifting regulatory environment, informed of emerging legal trends, as well as uncovering emerging trends and best practices with industry leaders.
The panel was moderated by Payscout Strategic Sales and Business Development Manager – ARM, Fran Fisher, who appeared alongside Edward Marshall, Chair – Business and Litigation Payment Systems Practice at Arnall Golden Gregory, LLP; Brian Riley, Director of Credit Advisory Service at Mercator Advisory Group; and Giles Witherspoon-Boyd, President and CEO at Protocol Enterprises.
Together, the group provided an outlook for payment compliance issues and regulatory changes expected under the new administration. Focus was placed on how regulations such as PCI DSS and Reg E – and changes to them – impacted collection agencies and other ARM companies. The panelists explained why it is important for organizers to pay attention, under the watchful eye of the CFPB, which oversees the payments industry.
The interactive session was one highlight of Payscout’s involvement in the ACA Expo. Payscout returned as a prominent exhibitor at the Convention and treated attendees to a new virtual reality (VR) experience highlighting the company’s thought-leading solutions and Award-Winning culture.
Payscout has been actively serving the accounts receivable management (ARM) industry for over a decade. The company built its reputation by providing unparalleled customer service and offering legitimate merchant accounts to collection agencies through reliable and highly sustainable acquiring banks. Payscout’s vision is to become the thought-leading and fastest-growing global payment processing provider in the world