Upcoming Conferences
22nd Annual Card Forum & ExpoMay 16-18, 2010
Hyatt Regency Grand Cypress, Orlando, FL
Mobile Banking and Emerging Applications Summit
June 6-8, 2010
M Resort | Las Vegas, NV
18th Annual Financial Services Collections & Credit Risk Conference
October 24-26, 2010
The Wynn, Las Vegas, NV
Risk & Analytics
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Banks Urged To Plan For Rate Rise
WASHINGTON Bankers cannot wait for interest rates to start rising before deciding how they plan to handle it, regulators, executives and others said Friday at a conference devoted to interest rate risk.
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Revolving Credit Drops For 16th Consecutive Month
Collections & Credit Risk | March 10U.S. revolving credit fell to $864.4 billion in January from a revised total of $866.1 billion in December, marking the 16th consecutive month that saw Americans shed credit card debt, according to the Federal Reserve. [FREE]
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Identity Theft, Collections Top FTC's Complaint List
Collections & Credit Risk | February 24Identity theft and collections ranked first and second on the Federal Trade Commission's list of top complaints consumers filed with the agency in 2009. [FREE]
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Three Collection Firms Reach Settlements With West Virginia AG
Collections & Credit Risk | February 18West Virginia Attorney General Darrell McGraw's office has reached settlements with three collection companies being investigated for their collection activities in the state. [FREE]
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Collections Ponzi Scheme Leads To Guilty Plea
Collections & Credit Risk | February 18A Buffalo, N.Y. debt collector pleaded guilty Wednesday to bilking Citizens Bank and 17 investors in a fraud that cost the victims an estimated $440,000. [FREE]
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Credit Scores Drop Nationwide; Consumers Lower Card Debt
PaymentsSource | February 17The average credit score for U.S. consumers dropped two points to 669 at the end of January from 671 at the start of the year, according to a report released today. [FREE]
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Prices Rise As Demand Strengthens For Troubled Assets
American Banker | February 11Banks saw modestly better prices for troubled loans last quarter thanks to stronger demand from vulture investors, home builders and other buyers. [FREE]
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