RMAI Launches Version 13.0 of the Receivables Management Certification Program (RMCP)

April 1, 2025 (Sacramento, CA) – The RMAI Certification Council announces the adoption of version 13.0  of the Receivables Management Certification Program (RMCP) after a lengthy development and review  process. As of today, all new and renewing applications will be held to the newly revised standards.  Several significant enhancements were added to the program in version 13.0, including: 

• Aligning the Data Security Standard with the FTC Safeguards Rule. 
• Adopting provisions on how to handle coerced debt.  
• Adopting a higher malpractice insurance requirement for larger law firms. 
• Updating the client trust account requirements for law firms and collection agencies. • Allowing the Full Compliance Audit to be done remotely with several exceptions. 

“RMAI is excited to announce the next version of our highly respected certification program,” said Mike  Becker, Executive Director of the Receivables Management Association International (RMAI). “The  association’s goal in 2013 was to adopt a dynamic self-regulatory program whose evolution was  required through a robust annual review process. RMAI wanted to always ensure it was setting the  global standard within the receivables industry and with each version, we continue to proudly meet that  goal.” 

From Version 1.0 to Version 13.0, the program has expanded over the years from 19 standards to 63  standards, and from certifying only debt buyers to certifying debt buyers, collection agencies, law firms,  brokers, process servers, and vendors. 

For more information on RMAI certification for receivable businesses and individuals, please visit the  RMAI website at www.rmaintl.org/certification. For more information on version 13.0, view our  program overview. 

About Receivables Management Association International 

Receivables Management Association International (RMAI) is a nonprofit trade association representing  more than 600 businesses that support the purchase, sale, and collection of performing and  nonperforming receivables on the secondary market. The RMAI Receivables Management Certification  Program and Code of Ethics set the global standard within the receivables industry due to the rigorous  uniform standards of best practice which focus on protecting consumers.
More information about RMAI is available at www.rmaintl.org.