Fico Collections

JULY 9, 2021

Many credit unions and smaller regional banks already have an existing relationship with a partner that include solutions to help them with business challenges such as fraud monitoring, risk profiling and customer communications.

Acquisition 52

Acquisition Credit Unions Credit Unions Financial Institution 52

Fico Collections

JULY 9, 2021

Many credit unions and smaller regional banks already have an existing relationship with a partner that include solutions to help them with business challenges such as fraud monitoring, risk profiling and customer communications.

Credit Unions 52

Credit Unions Credit Unions Acquisition Banks 52

Fico Collections

FEBRUARY 16, 2021

It marks the highest fine ever issued to a lender for what it deemed a breach of consumer credit rules. But more tellingly, the penalty related to the mistreatment of business and personal customers who fell behind on credit card and loan payments between 2014 and 2018 – well before many of us had even heard of COVID-19.

Lender 52

Lender Collections Acquisition Loans 52

Fico Collections

DECEMBER 8, 2022

Building portfolio risk resilience into Collections & Recovery. Properly managed and strategized, the debt collections process can be an effective customer service asset and anti-attrition tool, in addition to being its classic role in portfolio risk management. Addressing Portfolio Risk in Economic Uncertainty: Part 4 (2022).

Trade 52

Trade Lender Acquisition Collections 52

Troutman Sanders

NOVEMBER 13, 2023

One revision now requires hospitals to complete a screening process to determine whether a particular patient is eligible for charity care before taking certain action, such as enrolling the patient in a payment plan or referring the account to in-house or third-party collections, on the patient’s account. For more information, click here.

Financial services 52

Financial services Manufacturing Debt Management Debtor 52

Fico Collections

AUGUST 10, 2022

Easier to qualify for, BNPL has given shoppers, particularly those with little or no credit history, the ability to access – or stack - multiple BNPL arrangements at once without them appearing in bureau data used to assess consumer credit risk. Read Debt Collection and COVID-19: Assessing Affordability. Matt Cox.

Lender 52

Lender Banks Loans Acquisition 52

Fico Collections

JULY 15, 2022

There is a lot of focus in the finance world on ESG decisions and it requires us to consider how business can better serve our collective social good. And how can we do this with integrity to make sure that lenders can manage risk in a sound manner for the good of the lender, the borrower, and the whole credit ecosystem?

Lender 52

Lender Education Acquisition Foreclosure 52