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With identity theft a widespread issue in the financial services industry, banks and ARM companies are under increased pressure to ensure consumers’ sensitive identification, contact, and financial information is kept safe. In fact, a number of recent state and federal laws and regulations codify certain requirements for handling financial data. Firms in the ARM industry must adhere to a host of standards, including the Payment Card Industry Data Security Standard (PCI DSS), the financial privacy and safeguards rules in the Gramm–Leach–Bliley Act (GLBA), the FTC’s Red Flags Rule for identity theft, information security standard ISO 27002, HIPAA and the HITECH Act for the healthcare sector, and the Federal Information Security Management Act of 2002 (FISMA) for those collecting on government contracts. Auditing standard SAS 70 is also required for many in the financial services industry that use outside vendors such as debt collection agencies.

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RMS Receives Visa and MasterCard PCI Recertification

7 November 2008

Executive Change: James Rossini to The Receivables Exchange as Security Director

3 November 2008

Executive Change: Tony Burke Promoted to CEO of All Global

31 October 2008

The Cost of Dirty Data to Accounts Receivable Managers

30 October 2008

In a Dreadful Economy, Hospitals Should Maximize ARM Support Options

23 October 2008

MicroBilt Launches Hotline to Help Small Businesses Meet FTC Deadline for ID Theft Prevention

21 October 2008

West at Home PCI-DSS Certification and Security Audit Raise the Bar

17 October 2008

SoundBite Communications Achieves Annual PCI Compliance

10 October 2008

CDIA Hosting Webinar For Debt Buyers and Third Party Collectors

24 September 2008

ACA to Introduce New Element to PPMS Program

17 September 2008

West at Home Increases Credit Card Data Security with PhoneFactor

16 September 2008

Bank Data Breach Could Impact 12.5 million Customers

2 September 2008

Credit Card Data Breaches Popping Up Again

28 August 2008

LexisNexis Again Ranks in Top 5 for Electronic Discovery Services and Software

26 August 2008

ACA Introduces Data Security Element to PPMS Certification

26 August 2008

San Antonio FBI and SWACHA to Host Annual Financial Institution Crime Day

25 August 2008

Visa, Chase Kick-Off Mobile Marketing Pilot for Cardholders

21 August 2008

Addressing PCI Compliance Takes Longer, Costs More Than Expected: Report

20 August 2008

Some Stores Fail to Notify Consumers on Massive Card Data Breach

11 August 2008

Feds Charge 11 in Theft of 40 Million Credit Card Accounts

6 August 2008

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