February 10, 2011
Lending Industry Adopts Unprecedented Collections Practices

In the wake of the recent economic crisis, credit issuers’ collections organizations have shifted their priorities and objectives. Whereas in the past, collectors’ primary objective was to prevent losses by...

February 10, 2011
When Times are Tough, Collectors Innovate

Do you recall when a 3.85 percent charge-off rate was a problem to be fixed? We haven’t seen rates this low since 2007 and we only hope 2010’s 10.9 percent...

February 10, 2011
The Evolution of Skiptracing: What You Need to Know to...

Technology advancements can sometimes feel like they are happening at lightning speed – and trying to keep up with the latest and greatest trends keeps us on our toes. As...

February 07, 2011
Our Next Alternative Currency: Cash?

Click here to download this article as a PDF. Introduction   Alternative currencies were initially considered to be anything other than locally accepted paper and coin tender. By the 1980s,...

February 07, 2011
Nudging from Debt: The Role of Behavioral Economics in Regulation

Click here to download this article as a PDF. As Harvard academics like Cass Sunstein and Elizabeth Warren have joined the regulatory ranks of the Obama Administration, “behavioral” economics has...

February 04, 2011
Cardlytics, NetSpend Bring Prepaid Cards and Rewards

Cardlytics, the pioneer of transaction marketing, and Austin, Tex.-based NetSpend Holdings, Inc., a leading provider of general-purpose reloadable prepaid debit cards and related financial services to the 60 million underbanked...

January 25, 2011
French Banking Federation Asks for Interchange Mechanism for Development of...

14 january 2011 – The FBF believes the European Regulation published by the European Commission on 16 December 2010 creates a handicap for the implementation of the SEPA payment scheme....

January 18, 2011
The Behavioral Economics of Paying and Borrowing

Click here to download this article as a PDF. Introduction   Many Americans, feeling chunky and lethargic from their Thanksgiving to New Year’s Eve eating binges, will be making resolutions...

January 07, 2011
Holly Petraeus to Establish Office of Servicemember Affairs for CFPB

1/6/2011   WASHINGTON -The U.S. Department of the Treasury today announced the selection of Holly Petraeus to establish the Office of Servicemember Affairs being built by the Consumer Financial Protection...