Collection Industry News

DECEMBER 27, 2023

Dec 13 (Reuters) – The retail sector could continue to lead U.S. Among sectors, consumer discretionary companies topped the list of bankruptcies in the first 11 months of 2023 with 76 filings, S&P Global data showed, including retail darlings such as Bed Bath & Beyond. There have been 591 U.S.

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Bankruptcy Retail Acquisition Collections 40

Fraser

MARCH 9, 2022

A stock purchase acquisition has different tax implications than an asset acquisition and will affect how the deal is structured. Castellani is an attorney and CPA who represents clients involved with alcohol beverages as a manufacturer, wholesaler, or retailer.

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Acquisition Manufacturing Retail 40

Collection Industry News

AUGUST 30, 2021

The co-branded credit card accounts and receivables were issued in partnership with clothing retailer The Gap Inc , and the deal is expected to close in the second quarter of next year. Barclays said on Friday its United States arm will buy a $3.8 profits and diversify further in to fee-earning businesses.

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Acquisition Retail Banks Lender 40

Credit Corp

JULY 16, 2021

Whitestone is a retail REIT that owns about 58 properties with about 5.0 During the pandemic, the REIT rightly halted acquisitions and development projects, and reduced expenses, as it focuses on improving its financial position and liquidity. Future growth will also come from acquisitions. Whitestone REIT (WSR).

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Acquisition Banks Trade Manufacturing 76

Fico Collections

AUGUST 21, 2020

At the same time, banks doubled down on their commitment to customer service and experience; customer acquisition was a major challenge during the Great Recession, so focusing on the retention of good customers became a priority.

Education 52

Education Banks Acquisition Financial Institution 52

Collection Industry News

OCTOBER 27, 2023

The company said it reached a deal with creditors on a restructuring plan that includes evaluating its retail footprint and closing underperforming locations. Rite Aid’s retail pharmacy segment has long been a key growth driver for the company, but that hasn’t been enough to offset its mounting losses.

Bankruptcy 40

Bankruptcy Retail Acquisition Lender 40

Fico Collections

NOVEMBER 2, 2022

Being able to access all of the data can be a challenge, particularly for providers that grew quickly, and latterly through mergers and acquisition, leaving a messy tangle of legacy data silos to navigate. Tim has over 15 years' experience spanning banking, finance, retail and marketing analytics. Tim Young.

Retail 52

Retail Acquisition Banks Collections 52

Fico Collections

JUNE 8, 2023

Steve is an industry thought leader who had previously served as TrueCar’s Senior Vice President of Strategy and Business Development, and AutoTrader.com’s Vice President of Product Management and Business Development, overseeing the acquisitions of vAuto, Kelley Blue Book, HomeNet Automotive, VinSolutions and DealerScience.

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Lender Retail Acquisition Creditworthiness 52

Fico Collections

JANUARY 8, 2021

FICO’s suite of interconnected Acquisition, Origination, and Growth capabilities for Telecommunications helps organizations do exactly that. If you’re interested in making smarter, faster acquisition and retention decisions, we’d love to talk with you. . #2. Finding Business Opportunities From Covid-19.

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Acquisition Loans Financial Institution Lender 52

Fico Collections

FEBRUARY 16, 2021

The trend has seen some online retail POS lenders come under fire amid claims they are encouraging shoppers to spend more money than they can afford. Given the recent acquisition of the online arms of well-known struggling high street chains, it’s fair to expect further increases in the buy-now pay-later trend.

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Lender Collections Acquisition Loans 52

Collection Industry News

OCTOBER 21, 2022

Leisure and retail property vacancy rates also remain above pre-pandemic levels, Local Data Company figures show, at 10.6% Footfall at UK retail destinations is down around 15% on average in 2022 compared to 2019, according to Springboard data. . respectively. But the government’s Sept.

Retail 40

Retail Lender Loans Acquisition 40

Better Credit Blog

AUGUST 21, 2020

You may hear from them if you have debt in health care, retail, financial services, education, or utilities. This is a letter that asks Radius Global Solutions to confirm various details of the debt, such as the name, date of debt acquisition, and total amount. Many people are curious if Radius Global Solutions is a legitimate company.

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Debt collector Collection Agencies Collections Agency Original Creditor 53

Collection Industry News

OCTOBER 5, 2021

As more established companies like Mastercard get into this space, by launching new products, through partnerships, or via acquisitions, “we do expect that buy now, pay later will become ubiquitous, just given the utility that it’s demonstrated over the last year or so,” Mark Palmer , an analyst at BTIG , said in an interview with Yahoo Finance.

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Credit Card Debt Loans Startups Acquisition 52

Fico Collections

MARCH 17, 2022

Find out how Grupo Monge, one of Central America’s leading retailers, has expanded credit approvals by 10 percent, reduced expenses by 25 percent. Discover the power of FICO Platform to help you drive greater value from lending strategies. Learn more about how customer-centric decisions pay off - with three different case studies.

Loans 52

Loans Retail Banks Education 52

Fico Collections

MAY 19, 2021

Newer financial services providers are even more challenged, as well as telcos new to payment processing and retail finance. In this way, first-party fraud can be eventually written off as uncollectible and is sometimes sold unknowingly to external collections agencies. See all Posts. chevron_left Blog Home. expand_less Back To Top.

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Collection Agencies Collections Agency Banks Financial services 52

Fico Collections

JANUARY 7, 2021

That efficiency, especially in retail and transportation, will become a strategic asset that will define the industry, potentially for a generation. Now is the perfect time to go on a customer acquisition spree, while using personalized customer treatments to increase your own customer retention, satisfaction, and loyalty. .

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Acquisition Retail Financial services Government 52

Fico Collections

FEBRUARY 12, 2023

He makes the point that customer acquisition and retention in the digital age requires startup thinking and flawless execution when it comes to the customer development, risk and product team's approach. Read the full customer development post 4. Do Machine Learning Models Bring Predictive Improvements?

Banks 52

Banks Loans Startups Financial Institution 52

Credit Corp

JUNE 30, 2021

This is a retail-focused, blue chip REIT that owns more than 6,500 properties. It owns retail properties that are not part of a wider retail development (such as a mall), but instead are standalone properties. of billings for retail and 95.3% The following 12 monthly dividend stocks make 12 dividend payments each year.

Retail 94

Retail Loans Trade Acquisition 94

Credit Corp

JUNE 8, 2021

Walmart is a discount retail giant, serving around 230 million customers each week. Acquisitions are a key component of Coca-Cola’s future growth strategy. billion acquisition, which gave it instant exposure to coffee, which is a growth market. Lowe’s is the #2 home improvement retailer in the U.S., Walmart Inc.

Manufacturing 60

Manufacturing Acquisition Healthcare Retail 60

Credit Corp

JULY 2, 2021

At the time of the acquisition, Coca-Cola stated that the global coffee market was growing at 6% per year. Lowe’s is a home improvement retailer, operating more than 2,200 home improvement and hardware stores in the U.S. But the declining rate of soda consumption in mature markets like the U.S. poses a challenge. and Canada.

Healthcare 76

Healthcare Acquisition Construction Retail 76

Fico Collections

APRIL 26, 2023

Consumer defection and acquisition are costly, as are customers who may maintain but cease to use an account. With scams rising 30% or more per year, complaints will grow – or shrink – based on how a bank attends to scams victims. Explore FICO Platform and fight fraud across the customer lifecycle.

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Banks Education Financial Institution Acquisition 52