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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.

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The latest 2025 Canadian Gaming Discussion concluded that have list attendance and can become renamed while the SBC Meeting Canada next season. Over 12,000 experts went to, as well as finest workers, associates, and you may regulators. Secret subject areas incorporated wagering, payments, and you may cybersecurity, that have good marketing and you will world collaboration throughout the.

Ontario’s gambling on line markets had their second-greatest week actually inside the April, with total revenue reaching $313.3 mil. Online casino funds set another list in the $242.8 mil, just prior to ing Ontario’s Monthly Industry Abilities Statement, include data off workers effective while the ing websites but excludes OLG’s games on the net and pony rushing.

Alberta’s iGaming Alberta Work (Bill forty eight) has passed its 3rd studying and only needs Regal Assent and certified enactment in order to become law. This is going to make Alberta the following Canadian state, immediately after Ontario, to help you launch a managed gambling on line . The balance will move people regarding unregulated, high-risk gaming internet to secure, signed up networks with user protections.

Ontario ranks next for the America to own complete online gambling money over the basic three years, simply behind Michigan. Whenever OLG’s numbers are extra, and this constructed on 20% of your markets in the first 2 years, Ontario will most likely move into first place. The newest province already ranking #one in wagering revenue ($one.29B) and you may #2 in the online casino revenue ($3.8B), with more than $7B CAD received full.

iGaming people have forfeit almost $21 mil during the worth due to suspicion up to You.S. tariffs, with larger labels including Caesars and DraftKings enjoying sharp drops. Inside Ontario, it is resulting in concerns for straight down purchasing, hurting both gambling enterprises plus the pony race world. Along with, BetMGM is actually fined $110,000 by the Ontario’s regulator to possess cracking laws about how precisely they advertised the fresh new player signal-ups.

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