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GLOSSARY

Debts or receivables

The schedule of work a Member RMA processes in order to try and collect debts (also known as a Workflow)

On-going debts being collected

Profitable enough to warrant a cost investment

The levels of professionalism in approach an RMA can demonstrate e.g the training of its agents, how data is protected by the RMA, how secure are its payments process and client money, once debts have been collected etc

The arrangement whereby debt collection services are offered on a “commission on collection” basis

Criminal records bureau checks

A company, an organisation or individual who places debts for collection onto the Metwork platform

Group of debts/accounts/receivables

The layout of the debt information (usually on an excel file) that is transferred to the RMA.

  • (a) The age of the debt. The older it is the more difficult it is to collect
  • (b) the quality of the contact data supplied. Is there a phone number, an email, a work telephone number, the full address available etc? The less the amount of contact data available the more the Member has to do to find it.
  • (c) The level of dispute around the debts. Are people refusing to pay because services haven’t been carried out or information hasn’t been supplied?
  • (d) Amount of work already processed to try and collect the debts. How many letters, emails and calls have been sent/made and have the debts been placed with another agency prior to placing on Metwork?

RMAs based in the same country as the debt placer.

Formal checking process to establish the business credentials of a party

Secure online facility provided by RMAs (Metwork members) that supplies information and analysis to the debt placer on the progress of their accounts.

Laws and guidance governing the work of collection agencies

A formal procurement process where multiple bidders are invited to submit a detailed proposal

Materials and know-how that specifically are the creation of a particular party and as such are subject to ownership rights.

The debt collection system that the RMA( Metwork Member) works on.

A Receivables Management Agency or RMA, better known as a debt collection agency who may place bids to collect your accounts.

A company, an organisation or individual who places debts for collection onto the Metwork platform.

A rapid procurement process. Usually sent to “preferred potential bidders”

Amounts of debt that have been collected

If no debt has been collected in that reporting period the RMA must record a 0, as opposed to not recording a figure.

One payment based on a forecast of how much debt will be collected

Group of debts/accounts/receivables

Would be considered by all interested parties as a “fair proposal” based on the information supplied

Debts or accounts

The amount of debt that a member RMA predicts will be collected.

Receivables Management Agency/ Metwork member

A formal procurement process where multiple bidders are invited to submit a detailed proposal.

An amount an RMA will charge for finding someone who has disappeared from an address

Sending the debt amounts and personal information to the RMA so they can start collecting them

A legal action resulting in a court judgment awarded against the defendant

To cancel a placement of debts already on the Metwork platform

The difference it costs a Member to collect a debt and the commission they earn from collecting it.

Brand new shared class is rebranded Medical Video game next season

Posted on by cc_user

White & Wonder application

Scientific Video game try oriented when you look at the 1973, plus it cemented the reputation given that world’s leading instantaneous lotto products seller in the resulting , pari-mutuel wagering enterprise Autotote ordered the firm to own $308 mil.

The company embarked on the an ambitious order spree during the twenty-first century. Medical Online game bought Barcrest out-of IGT in 2010, before doing the fresh new $one.5 billion acquisition of WMS into the 2013. The coming year, it snapped up Bally Technology to have $twenty-three.3 mil, and it also following acquired NYX Gambling Group into the 2017, Real Gambling and you will Super Box inside 2021, and you will Playzido into the 2022.

Next purchasing spree, the company necessary to slow down the $9.2 billion into the a lot of time-title obligations that was holding more than their balance sheet. They offered OpenBet, the sports betting section, to help you Function Category to own $800 mil, as lottery providers is actually marketed to individual collateral company Brookfield Company Lovers having $six.05 million. The company launched from inside the 2022 it absolutely was rebranding because White & Wonder, trade beneath the ticker LNW to your Nasdaq.

Image

Studios eg Bally Innovation, Barcrest, Super conquestador online Field, NextGen Gaming, Shuffle Grasp, and you will WMS always services in Light & Ponder umbrella. The fresh new picture quality may vary from studio to a higher. Instance, the newest picture with the Barcrest ports are very earliest, whereas some of the online game regarding WMS and you can Super Package render magnificent picture.

Musical

Again, the new audio are different depending on which White & Inquire part you manage. WMS creates branded slots particularly Hug and you may Elvis, which feature fantastic soundtracks. Most other online game about Light & Inquire steady give so much more basic soundtracks.

Playability

All types out of slot imaginable can be acquired thru White & Ponder. If you are looking for simple game with high RTP costs, Barcrest harbors are good. Anyone looking to more recent and you can ines can enjoy some of the most readily useful headings away from WMS, Bally Technology, and you may NextGen Betting. The company supplies Megaways slots, incentive buy ports, modern jackpot ports, and a lot more.

Security & Trust

Light & Inquire is actually a secure, dependable company. It is a keen S&P 400 role, hence investments for the Nasdaq, also it provides quarterly es are only available at managed on the internet gambling enterprises and you will property-depending gambling enterprises, and therefore are by themselves checked-out and you may verified to own fairness about All of us.

Sorts of Light & Ponder online game

Once the team usually focused on lotteries and sports betting, White & Inquire grew to become firmly concerned about offering game to help you home-depending gambling enterprises, casinos on the internet, and you will social gambling enterprises. They produces numerous casino games, but the main focus is on ports.

Harbors

The firm possesses some of the premier ports business throughout the company, plus WMS, Bally Innovation, and you can NYX Gaming Class. Therefore, it provides an enormous kind of real slots an internet-based ports with the gambling enterprise community.

Table games

Light & Ask yourself supplies a vast listing of proprietary dining table game also. They tend to be classic variants off games for example black-jack, baccarat, and craps, together with ines instance Black-jack Key, Zappit Black-jack, Blazing 7s Blackjack, U-Turn Black-jack, and you will Awesome Fun 21 Tall.

The business as well as supplies multiple poker-build online game: EZ Pai Gow Poker, Luck Pai Gow Casino poker, Best Texas hold’em, Texas hold em Bonus, Mississippi Stud, Give it time to Experience, Three-card Web based poker, Four Credit Web based poker, Crazy 4 Web based poker.

Including such on the web table game, the organization increases digital table game servers for homes-depending gambling enterprises. These include Stadium Black-jack, Stadium Gambling establishment War, Arena Three card Casino poker, Collection Auto Roulette, Dining table Grasp Combination to possess black-jack and you will web based poker people, and a lot more.

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