Los Angeles, CA (PRWEB) November 28, 2016
APS (Powered by Payscout) is pleased to announce it is partnering with the nationally-recognized Sessions Firm for a number of compliance-related initiatives.
“Partnering with The Sessions Firm affirms our efforts to assist our merchants with best practices in the ARM industry,” said APS Vice President Jennifer Brummett. “It is a testament to our commitment to our customers and enhances our credibility in the ARM space.”
The Sessions Firm will work with APS on several compliance-related initiatives, including the review of APS’ solution for handling Regulation E payment requirements. The Sessions Firm will also assist in the review and explanation of outstanding issues facing potential merchants for Payscout’s Risk Department.
The partnership builds on an existing relationship that featured a joint presentation at the recent ACA International convention in Denver, Colorado entitled, “I’m Watching You! Complying with the CFPB’s Vendor and Client Management Responsibilities.” This type of thought-leading presentation demonstrates the industry knowledge that both APS and The Sessions Firm can provide to ARM merchants and underscores the cultural synergy between the two entities.
Bryan Shartle, a partner at The Sessions Firm, commented: “Everything we have seen so far, as well as the work we have done together, confirms our view that APS has a tremendous amount of knowledge about the ARM space, truly cares about the challenges its merchants experience in complying with regulations, and wants to make that process as simple as possible.”
The Sessions Firm will also proactively monitor APS’ merchant portfolio for potential problems that would require intervention and implementation of best practices to address.
Brummett added, “We are very pleased to have the expertise of The Sessions Firm in our corner. This partnership represents our commitment to Integrity/Trust and Reliability, two of Payscout’s Cultural Attributes and key features of the services our customers have come to count on from us.”
About APS (Powered by Payscout):
APS has been a leading provider of payment processing services to the ARM industry for over 10 years. It serves many of the top U.S. debt collection agencies and accounts receivable management companies directly and through integrations with over a dozen of the top rated software providers to the industry. Through its competitive rates, ability to offer services in a highly scrutinized market, and a variety of unique, value-added protection and verification tools to help its ARM clients stay in compliance, APS has become a trusted advisor and thought leader in the ARM industry.
APS was acquired by Payscout, Inc. in October 2015. Since then, it has been fully integrated into the Payscout operation and has the ability to offer all of the global services that Payscout is known for. The APS brand has been maintained in the ARM marketplace because of its longstanding name recognition and reputation in the industry.
About Payscout, Inc.:
“Payscout Supports the Entrepreneurial Dream One Transaction at a Time.”
Payscout is a global payment processing provider covering six continents by connecting merchants and consumers via credit, debit, ATM and alternative payment networks. What differentiates Payscout is its mission “to support the entrepreneurial dream one transaction at a time.” Payscout achieves this by being a thought leader in the payments industry. Its “Go Global Now” technology platform gives merchants instant access to 100+ countries, billions of consumers and trillions of dollars. Payscout offers payment processing solutions for brick-and-mortar and eCommerce transactions, and has earned acclaim as a new-generation provider of merchant banking services, specializing in online/eCommerce retailers with a predominant proportion of card-not-present (CNP) transactions; it is one of the few providers to deliver a true global payment solution that encompasses all merchant risk verticals. Customers can access Payscout’s credit card processing services via a state-of-the-art, web-based user portal and through direct interactions with highly-trained experts. In addition to supporting thousands of clients across a multitude of industries and all 50 American states, Payscout maintains global partnerships with VISA USA, Bank of America Merchant Services, VISA Europe, VISA Latin America, VISA Asia Pacific, MasterCard Worldwide, China Union Pay, Deutsche Bank, First Data and Payscout Brazil. Payscout was recognized as one of America’s fastest-growing privately-held companies in 2014, 2015, and 2016, ranking #2,416 in 2014, #434 in 2015, and #383 in 2016 on Inc. Magazine’s Inc. 500/5000 list. Within the financial services industry, Payscout placed #140 in 2014 and #24 in 2015. For more information, visit http://www.payscout.com.
About The Sessions Firm:
Sessions, Fishman, Nathan and Israel, commonly referred to as The Sessions Firm, was founded in 1958. The Firm’s Consumer Defense Practice Group is the largest national practice group dedicated to representing debt collectors, creditors, and other financial institutions. We provide sophisticated consumer defense representation with no “start-up” time. Since 2001, we have defended tens of thousands of consumer lawsuits throughout the country. We have also defended over a thousand class actions and assisted many clients in resolving complex consumer litigation. In addition to litigation defense work, the Firm is also nationally known as experts on compliance and regulatory issues involving the various federal and state regulators, including the Consumer Financial Protection Bureau, Federal Trade Commission, Attorneys General, and state and municipal licensing authorities. The Firm’s 12 offices are located in the nation’s top “litigation hot spots,” including California, Colorado, Florida, Georgia, Illinois, Louisiana, New Jersey, New York, Ohio, and Texas. For more information, visit http://www.sessions.legal.
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Media Inquiries:
George Smith
george(at)payscout.com
888-211-4470