Acquisition Consumer Credit Trade 
Fico Collections
DECEMBER 8, 2022
Nowhere across the consumer credit lifecycle are the stakes higher than in early-stage collections, where the uncertainty of outcomes and the range of treatment options is the greatest. Figure 2: FICO® Resilience Index delinquent consumer sensitivity profile comparisons. penetration rate) of live-agent calls (Figure 1).
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.
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Troutman Sanders
NOVEMBER 13, 2023
On November 7, the Commodity Futures Trading Commission (CFTC) announced that, in 2023 alone, the cumulative penalty amount stemming from consent orders it entered with digital asset-based companies totaled $4.3 For more information, click here.
Troutman Sanders
JUNE 14, 2023
On June 8, the Commodities Futures Trading Commission (CFTC) obtained a default judgment against a decentralized autonomous organization (DAO) Ooki Dao in the U.S. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. For more information, click here.
Collection Industry News
JANUARY 13, 2025
The industry trade journal Beckers Hospital Review recently elevated Advocate to No 4 on itsrankings of the nations largest hospital chains, up from No 7 earlier this year. The costs of care Advocate Health controls 69 hospitals and 1,000 other care sites in six states serving 5.4
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