Integrated for performance and peace of mind

At LCSTM Financial, we believe compliance and technology go hand-in-hand. While both work independently, they complement each other to provide you with well-rounded recovery solutions. We have integrated compliance and technology into our recovery workflows, software, training and processes to bring you peace of mind.


Compliance

At LCSTM Financial, we're committed to safeguarding the highest levels of compliance. Our collection platform adheres to existing compliance guidelines while incorporating new and changing regulations. [more]

 

Regulations
  • Corporate Counsel monitors and maintains standards of compliance with federal, state and industry regulations that govern debt collection
  • Extensive training on the Fair Debt Collection Practices Act (FDCPA)

Audits
  • Internal audit practices
  • Client on-site and remote audits
  • SSAE 16 SOC 1 Type 2

Technology

Our flexible systems allow us to improve workflow efficiency and our sophisticated data applications and data loss prevention programs enhance security to bring you peace of mind.[more]

 

Scalable and Secure
  • State of the art server room
  • Robust server capacity for high-volume portfolios
  • Enterprise class servers, software, hardware and support
  • Full data loss prevention systems in place 
  • Business Continuity Plan (BCP) and Disaster Recovery Plan (DRP)
  • Industry leading firewall and intrusion detection systems
  • Multiple levels of anti-virus and password protection

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