INDUSTRY CHOICE TRIBUTE AWARDS FINALISTS ANNOUNCED, VOTING BEGINS TODAY! The nominations are in and the selection committee of qualified industry veterans has completed their task of narrowing the field, it's now up to you to vote. Finalists were chosen from nominations based on the following qualities: progressive attitude, new strategies & programs introduced to the industry, results/success, innovative ideas, fairness, and integrity, as well as the number of nominations they received.
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EQUIFAX AND NATIONAL CONSUMER TELECOM & UTILITIES EXCHANGE EXTEND AGREEMENT THROUGH 2015 ATLANTA - Equifax (NYSE: EFX) and The National Consumer Telecom & Utilities Exchange, Inc. (NCTUE) announced today that the NCTUE has extended Equifax's exclusive contract to manage its database until June 10, 2015. read more
CONVERGYS REPORTS SECOND QUARTER RESULTS, DELIVERS 14 PERCENT INCREASE IN EPS, UPDATES 2008 GUIDANCE Convergys Corporation, a global leader in Relationship Management, today announced its financial results for the second quarter of 2008. read more
FDIC: DON'T WORRY ABOUT BANK FAILURES The housing bust will put more banks out of business, but all but a handful of institutions will weather the crisis, one of the nation's top financial regulators said Tuesday. read more
FEATURED COMPANY MEETINGS AT DEBT CONNECTION SYMPOSIUM AND EXPO 2008 A highlight of the Debt Connection Symposium and Expo will be the Featured Company meetings, to facilitate Creditor/Debt Buyer vendor management meetings, new vendor or buyer orientations, or new sale portfolio previews.
How often have you been at a conference and just don't have the time available to meet with all your vendor business partners? Or you just can't locate the people you need to meet with in the hectic setting of a large conference.
The Featured Company Meetings currently scheduled at DCS 2008 include: Arrow Financial Services, LLC; Bank of America Card Services; Capital One; Capital One Auto Finance; Chase Auto Finance; Discover Financial Services, LLC; NCO Group, Inc.; and Sterling Jewelers, Inc.
These sessions will be pre-scheduled in set locations, with a pre-qualified attendance invited by the Featured Company and limited to registered attendees of Debt Connection Symposium and Expo 2008.
VeriFacts, Inc and the VeriFacts Recovery Network will also hold a series of User Meetings on the afternoon of Wednesday, September 3, 2008.
For a complete schedule with Featured Company Meetings, with times and any updates, please see www.dcs2008.com/featuredcompany.html
WASHINGTON MUTUAL LOSES $3.3 BILLION NEW YORK - Washington Mutual reported a $3.3 billion quarterly loss Tuesday far worse than Wall Street was anticipating as it set aside more money for bad loans. read more
CALIFORNIA FORECLOSURES AT 20-YEAR HIGH Foreclosures across the state surged to a 20-year high during the last three months, as tens of thousands of additional Californians lost their homes and more than 100,000 neared the brink. read more
AMEX FALLS AS ECONOMY CHOKES GROWTH SAN FRANCISCO - Shares of credit-card giant American Express shed as much as 12% on Tuesday after the company warned that a deteriorating economy is choking off earnings growth. read more
FTC, CALIFORNIA OFFICE OF PRIVACY PROTECTION TO CO-HOST WORKSHOP FOR BUSINESSES ON BEST PRACTICES FOR PROTECTING PERSONAL INFORMATION AND SECURING DATA The Federal Trade Commission and the California Office of Privacy Protection will co-host a half-day public workshop in Los Angeles on Wednesday, August 13, 2008, on how businesses can secure personal information and protect the privacy of consumers and employees. read more
THE AFFILIATED GROUP SELECTS NOBLE SYSTEMS TO MANAGE DEBTOR Atlanta, GA - The Affiliated Group, Inc has selected the Noble® Solution from Noble Systems Corporation for blended inbound and outbound contact management in its debt recovery center. read more
SOUNDBITE COMMUNICATIONS INTRODUCES THE INTELLIGENT COMMUNICATIONS PLATFORM FOR COLLECTIONS Bedford, Mass. - SoundBite Communications, Inc. (NASDAQ: SDBT) today announced the Intelligent Communications Platform for Collections. read more
CREDIT WOES HIT RESULTS OF SOUTHERN REGIONAL BANKS NEW YORK - A pair of southern regional banks, SunTrust Banks Inc. and Regions Financial Corp., posted declines Tuesday in their second-quarter profit due to rising credit costs and the deteriorating value of their investment portfolios. read more
FAST, SEAMLESS, ACCURATE SKIP TRACING BROUGHT TO THE PIASA COLLECTIONS PLATFORM. Baltimore, Maryland - Contrax Systems LLC announces the addition Interactive Data's (ID) Skip Tracing product into the Piasa Collections System. read more
FIRST NATIONAL NAMED ONE OF NATION'S TOP COMMUNITY BANKS SPARTANBURG, S.C., - First National Bancshares, Inc. (Nasdaq: FNSC), the holding company for First National Bank of the South, was named one of the nation's top community banks in the June 2008 issue of U.S. Banker magazine as ranked by three-year average return on equity ("ROE"). read more
FANNIE, FREDDIE RESCUE COULD COST $25B NEW YORK - The Congressional Budget Office on Tuesday estimated that a government plan to stabilize mortgage giants Fannie Mae and Freddie Mac could cost government coffers an average of $25 billion. read more
WACHOVIA REPORTS $9 BILLION LOSS NEW YORK - Wachovia Corp. posted a nearly $9 billion loss for its second quarter Tuesday on losses related to home mortgages and the bank's declining market value. read more
CONVERGENT RESOURCES, INC. SELECTS GUARANTEED CONTACTS IP FOR RIGHT PARTY CONTACTS Ontario Systems announced today that Convergent Resources has selected its Guaranteed Contacts IP solution to deliver right-party contact functionality. read more
WEIGH IN ON PROPOSED CREDIT CARD LAWS NEW YORK - Ever find yourself going off on the customer service representative after a particularly steep credit card fee or unexpected rate increase? Well now is your chance to tell those who could ultimately change credit card laws in the United States. read more
BUSINESS BANKRUPTCIES SPIKE 45 PERCENT WASHINGTON - Driven by a sour economy and skittish consumers, U.S. business bankruptcies had their sharpest quarterly rise in two years, jumping 17 percent in the second quarter of 2008, according to an analysis by McClatchy Newspapers. read more
EMERY FCU PARTNERS WITH TNB TO GROW Dallas - Growing a credit card portfolio requires investing in the program, which is what Emery Federal Credit union has chosen to do by moving its $5 million card program to TNB Card Services. read more
OHIO ATTORNEY GENERAL'S OFFICE RECOVERS $344 MILLION The Ohio Attorney General's Office exceeded its own goals and set a new state record for debt collection in the fiscal year ending June 30, 2008. The Revenue Recovery Services and Collections Enforcement departments collected $344,039,150 for the stateof Ohio, $14 million more than their goal. read more
CONVERGYS NAMED TO "TOP 20 COMPANIES IN THE TRAINING OUTSOURCING INDUSTRY" FOR FIFTH CONSECUTIVE YEAR Convergys Corporation (NYSE: CVG), a global leader in relationship management, announced today that TrainingOutsourcing.com has selected Convergys as one of the "Top 20 Companies in the Training Outsourcing Industry" for the fifth consecutive year. read more
TSF'S ONECLICK-DATA INTEGRATED WITH CR SOFTWARE® COLLECTION RESOURCE SYSTEM™ Fairfax, VA - CR Software LLC (CRS), the leading financial software solutions provider to collections entities, announces today its partnership with TSF Financial, providing quality skip tracing products and services to the collection industry with their new suite of skip tracing products - OneClick-Data. read more
BANK OF AMERICA PROFIT TUMBLES 41% NEW YORK - Bank of America became the latest bank to report better-than-expected earnings, even as it revealed Monday that its profits plunged 41% during the most recent quarter. read more
| DebtConnection.com is a searchable database of collection products and services. The following Updates and New Entries occured since the last At A Glance was sent: | | | Portfolios For Sale | $323,909.00 Checks MATTIA & ASSOCIATES http://www.debtconnection.com/portfolio.asp?573 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?2999
$169,195.00 Consumer Loans MATTIA & ASSOCIATES http://www.debtconnection.com/portfolio.asp?572 More information about this company can be found here: http://www.debtconnection.com/moreinfo.asp?2999
| | Consultants | DONALD J. KEATING & SONS, INC. 312-952-6354
| | Debt Buyers | CENTRAL OHIO CREDIT CORP 888-737-2622
HARPER & WHITE INC. 201-445-0570
PINNACLE ASSET GROUP, L.L.C. 716-675-1441
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Industry Events
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ACA International 69th Annual Convention & Expo
ACA International
The Westin Diplomat Resort & Spa
Hollywood, FL
July 23 - 26, 2008
More Information
The Payments Institute East 2008
NACHA
Emory Conference Center Hotel
Atlanta, Georgia
July 27 - 31, 2008
More Information
4th Annual Mid-Atlantic Bankruptcy Workshop
American Bankruptcy Institute
Hyatt Regency, Chesapeake Bay
Cambridge, MD
July 31 - August 2, 2008
More Information
2008 COHEAO Mid-Year Conference
COHEAO
Westin Tabor Center
Denver, CO
August 2 - 5, 2008
More Information
Consumer Lending Institute
The Independent Community Bankers of America
Embassy Suites Hotel Bloomington
Minneapolis, MN
August 3 - 6, 2008
More Information
10th Annual Conference - Blazing New Trails
African-American Credit Union Coalition
Hyatt Regency Hotel
Houston, TX
August 6 - 10, 2008
More Information
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