Collections & Credit Risk articles from June 2009

Collections & Credit Risk archives from June 2009

Consumers, Collection Rates Show "Glimmers" Of Hope.(News & Analysis)
June 1, 2009... President Barack Obama, author of "The Audacity of Hope," has been careful not to use the word "hope" during his first few months in the White House, instead preaching the tough economic times ahead. Obama, in his first 100 days in office,...

Industry News.(News & Analysis)
June 1, 2009... CGI Group Inc., Fairfax, Va., a provider of information technology and business process services, launches a collections micro Web site, www.cgi.com/collections. Vengroff, Williams & Associates, Garden Grove, Calif., launches a...

The Growing Demand For On-Demand; Collection managers are changing their minds about on-demand platforms as they recognize the technology reduces operating costs and has evolved to promise direct control over the platform at a fraction of the cost of licensed applications.(Technology)
June 1, 2009... Byline: Peter Lucas Sometimes called "software as a service," the appeal of an on-demand model from a technology viewpoint is that users receive standardized features and functions, faster development and implementation cycles for upgraded...

Survival Strategies; In the past decade, a strong economy and customer demand relegated risk management to a limited scope of services in banking. Now what?(Risk Management)
June 1, 2009... Byline: Edmund Tribue In the troubled economy, risk management has a new responsibility influencing decisions across all areas of credit card activity - from marketing to product pricing. Managing risk as a holistic discipline is a key...

Business Cards: Reviewing The Risk; Issuers of business credit cards face a challenge of finding the right balance between customer service and risk management.(Credit Cards)
June 1, 2009... Byline: Nadia Oehlsen Marilyn Landis spent much of 2007 growing her business. President at Basic Business Concepts Inc., a Pittsburgh-based consulting firm for chief financial officers, Landis had hired two employees and opened two more...

STATS.
June 1, 2009... More than 21% of U.S. consumers are over 60 years old, and they have a higher credit score, higher credit limits and lower credit card balances than their younger counterparts, according to credit files maintained by Experian, a Costa Mesa,...