SMALL BUSINESS CARD STUDY EXTENDED THROUGH FEBRUARY 13, 2009
The Debt Marketplace, Inc., in conjunction with its sister company, Resource Management Services, Inc. (RMS), has composed an innovative joint research project focused on Small Business credit card issues faced by creditors, collection agencies, attorneys and debt buyers in today's financial environment. Small business card research project will be extended through February 13, 2009. If you have not taken the survey now is the time.
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A SECOND DAY OF JOB CUTS AT BARCLAYS
Barclays, the British banking giant, said Wednesday that it was in the process of cutting an additional 2,100 jobs in its retail, commercial banking and credit card businesses, The New York Times's Julia Werdigier and Landon Thomas Jr. report from London.
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ACCORDING TO BUSINESS PROCESSES REDEFINED, LLC; ECONOMIC SLUMP SENDS HOSPITALS, BANKS, AUTO LENDING FIRMS LOOKING FOR NEW WAYS TO COLLECT UNPAID CONSUMER DEBT
PARSIPPANY, N.J., (BUSINESS WIRE) -- The nation's economic troubles may have started in the real estate market, but as more consumers struggle to pay their bills, a growing number of industries are also feeling the impact. From hospitals to a
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WELLS FARGO MAY NEED $10 BLN: ATLANTIC EQUITIES
Wells Fargo (WFC.N) may need to raise $10 billion in common equity and the sustainability of its dividend could be in question, an Atlantic Equities analyst said and downgraded the stock to "underweight" from "neutral."
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KEYPOINT CREDIT UNION SELECTS THE BANK OF NEW YORK MELLON TO PROVIDE REMITTANCE SERVICES TO SILICON VALLEY MEMBERS
NEW YORK, - The Bank of New York Mellon, the global leader in asset management and securities servicing, today announced that it will be providing its Remit WorldwideSM private-label global remittance services solution to KeyPoint Credit Union, one of the world's most technologically advanced credit unions.
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BANKRUPTCY SYSTEM TAKES ON THE MORTGAGE MESS
The "Debtors Counsel Loss Mitigation Web Portal" is intended to keep troubled borrowers out of foreclosure and bankruptcy court, but critics say it will accomplish little, apart from making millions of dollars for its creator.
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PANDIT DISMANTLES WEILL EMPIRE TO SALVAGE CITIGROUP
Vikram Pandit is unraveling his empire to save his bank.
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RIVALS EYE CITI'S CONSUMER FINANCE UNIT
Major Australian banks and offshore giant HSBC could emerge as key contenders for Citigroup's Australian consumer financing business if the global banking giant decides to put its credit cards and personal lending unit on the block.
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LARGE JOB BOOST FOR BILLINGS
One of the nation's leading financial institutions is looking to hire 200-to-300 people from the Billings area.
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EASTERN IOWA BANKRUPTCIES CREPT HIGHER IN 2008
The level of bankruptcies in the Corridor rose by less than the statewide or national trends, according to preliminary year-end statistics.
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CHINA BANKS TOLD TO LEND MORE THIS YEAR, BUT SAFELY
BEIJING - Chinese banks must lend more in 2009 to support economic growth, but they have to strictly control risk while doing so, China's banking regulator said.
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INDIRECT LENDING TECHNOLOGIES, L.L.C AND RATEGENIUS, INC. INTEGRATE SYSTEMS
Indirect Lending Technologies, L.L.C and RateGenius, Inc. have completed the technical integration of their two Internet based systems, improving the auto loan process for credit unions and financial institutions to more efficiently review and approve auto loan applications.
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CR SOFTWARE LLC INTRODUCES THE CELLULAR VALIDATION MODULE
Fairfax, VA - CR Software LLC (CRS), the leading financial software solutions provider to collections entities, announces today the introduction of its latest addition to the CRS Collection Resource System, the Cellular Validation Module (CVM).
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BERNANKE URGES 'STRONG MEASURES' TO STABILIZE FINANCIAL SYSTEM
Federal Reserve Chairman Ben S. Bernanke warned that a fiscal stimulus won't be enough to spur an economic recovery and that the government may need to buy or guarantee banks' tainted assets to revive growth.
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ECONOMIC WOES LEAD TO BANKRUPTCY BOOM
SAN FRANCISCO -- For five years, San Francisco attorney Tilden Moschetti practiced family law, but in November, he shifted his legal attention to reflect the demand in the market: personal bankruptcy filings.
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NEW CREDIT CARD RULES APPROVED
On Dec. 18, 2009, federal regulators approved rules prohibiting banks and other issuers from committing unfair credit card practices, such as raising the interest rate on an existing balance when consumers are paying their credit card bills on time.
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BOT SUPPORTS FINANCE MINISTRY REVISION OF DEBT COLLECTION LAW
BANGKOK - Bank of Thailand (BoT) assistant governor Kirk Vanikkul on Monday voiced support for a Ministry of Finance plan to amend and revise a fair debt collection law for Thailand, saying it could provide clarity in the statutory demand procedure.
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TOUCHLOGIC SELECTS PAYMENT VISION TO OFFER PAYMENT GATEWAY SERVICES TO CUSTOMERS OF ITS AUTOMATED VOICE MESSAGING SOLUTION
GAITHERSBURG, Md.--(EON: Enhanced Online News)--TouchLogic, one of the leading providers of automated customer communications solutions for the telecom, financial services, and collections industries, announced today that customers of its automated voice messaging solution will have access to the gateway services of Payment Vision, the popular payment gateway powered by Autoscribe Corp.
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BAD DEBT FORCES CUTBACKS FOR LENDERS
An expected rise in customers defaulting on their loans will lead to cutbacks at banks and building societies this year.
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EXECS EXPECT TO SEE SIGNIFICANT RISE IN BANKRUPTCIES AND M&A ACTIVITY
Global automotive execs expect a significant decline in marketshare for U.S. vehicle manufacturers.
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OVER 300 MORTGAGE-RELATED FAILURES
DALLAS - The number of non-bank mortgage companies to close eased last year, but bank and credit union failures soared, according to data tracked at the Mortgage Graveyard, a journal of failed, ailing and acquired lenders.
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BANKRUPTCY FILINGS JUMP 33% IN '08
ALEXANDRIA, Va. - U.S. consumer bankruptcy filings jumped nearly 33 percent in 2008 amid a recession that's expected to keep filings rising into 2009.
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WELLS FARGO: WACHOVIA ACQUISITION COMPLETE
Thursday afternoon, officials at Wells Fargo announced that the acquisition of Wachovia Corp. was completed, with the firm acquiring all of Wachovia's shares, in exchange for 0.20 shares of Wells Fargo.
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| 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 | $7,128,935.00 Credit Cards
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?656
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826
$4,805,865.00 Credit Cards
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?655
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826
| | Agency | NCO PORTFOLIO MANAGEMENT INC.
215-441-2402
| | Debt Buyers | CREDIT BASE INTERNATIONAL
011-39-187-5361151
NCO PORTFOLIO MANAGEMENT INC.
215-441-2402
| | Debt Sellers | NCO PORTFOLIO MANAGEMENT INC.
Christopher T Cusack
215-441-2402
More Information
STIRLING CAPITAL MANAGEMENT
561-791-8555
| | Mail Services | CREDIT.NET
866-322-3708
| | Scoring/Scrubbing | CREDIT.NET
866-322-3708
| | Skip Tracing | MERLIN INFORMATION SERVICES
877-781-8688
NCO PORTFOLIO MANAGEMENT INC.
215-441-2402
CREDIT.NET
866-322-3708
CBCINNOVIS
281-313-0904
| | Software | FILLIMERICA INCORPORATED
973-808-1383
|
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Industry Events
|
Collection Technology Summit 2009
Royal Media Group
Hilton La Jolla Torrey Pines
La Jolla, CA
January 14 - 16, 2009
More Information
14th Annual Rocky Mountain Bankruptcy Conference
American Bankruptcy Institute
Westin Tabor Center
Denver, CO
January 22 - 23, 2009
More Information
8th National Symposium on Privacy and Security of Consumer and Employee Information
American Conference Institute
Four Points by Sheraton
Washington, DC
January 27 - 28, 2009
More Information
DBA International Annual Conference
DBA International
Mirage Hotel
Las Vegas, NV
February 3 - 5, 2009
More Information
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| At A Glance - Friday, October 30, 2009 |
| At A Glance - Wednesday, October 28, 2009 |
| At A Glance - Friday, October 23, 2009 |
| At A Glance - Wednesday, October 21, 2009 |
| At A Glance - Friday, October 16, 2009 |
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| At A Glance - Friday, October 09, 2009 |
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| At A Glance - Friday, October 02, 2009 |
| At A Glance - Wednesday, September 30, 2009 |
| At A Glance - Friday, September 25, 2009 |
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| At A Glance - Friday, September 18, 2009 |
| At A Glance - Wednesday, September 16, 2009 |
| At A Glance - Friday, September 11, 2009 |
| At A Glance - Wednesday, September 09, 2009 |
| At A Glance - Friday, August 28, 2009 |
| At A Glance - Wednesday, August 26, 2009 |
| At A Glance - Friday, August 21, 2009 |
| At A Glance - Wednesday, August 19, 2009 |
| At A Glance - Friday, August 14, 2009 |
| At A Glance - Wednesday, August 12, 2009 |
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| At A Glance - Wednesday, August 05, 2009 |
| At A Glance - Friday, July 31, 2009 |
| At A Glance - Wednesday, July 29, 2009 |
| At A Glance - Friday, July 24, 2009 |
| At A Glance - Wednesday, July 22, 2009 |
| At A Glance - Friday, July 17, 2009 |
| At A Glance - Wednesday, July 15, 2009 |
| At A Glance - Friday, July 10, 2009 |
| At A Glance - Wednesday, July 08, 2009 |
| At A Glance - Monday, July 06, 2009 |
| At A Glance - Wednesday, July 01, 2009 |
| At A Glance - Friday, June 26, 2009 |
| At A Glance - Wednesday, June 24, 2009 |
| At A Glance - Friday, June 19, 2009 |
| At A Glance - Wednesday, June 17, 2009 |
| At A Glance - Friday, June 12, 2009 |
| At A Glance - Wednesday, June 10, 2009 |
| At A Glance - Friday, June 05, 2009 |
| At A Glance - Wednesday, June 03, 2009 |
| At A Glance - Friday, May 29, 2009 |
| At A Glance - Wednesday, May 27, 2009 |
| At A Glance - Friday, May 22, 2009 |
| At A Glance - Wednesday, May 20, 2009 |
| At A Glance - Friday, May 15, 2009 |
| At A Glance - Wednesday, May 13, 2009 |
| At A Glance - Friday, May 08, 2009 |
| At A Glance - Wednesday, May 06, 2009 |
| At A Glance - Friday, May 01, 2009 |
| At A Glance - Wednesday, April 29, 2009 |
| At A Glance - Friday, April 24, 2009 |
| At A Glance - Wednesday, April 22, 2009 |
| At A Glance - Friday, April 17, 2009 |
| At A Glance - Wednesday, April 15, 2009 |
| At A Glance - Friday, April 10, 2009 |
| At A Glance - Wednesday, April 08, 2009 |
| At A Glance - Friday, April 03, 2009 |
| At A Glance - Wednesday, April 01, 2009 |
| At A Glance - Friday, March 27, 2009 |
| At A Glance - Wednesday, March 25, 2009 |
| At A Glance - Friday, March 20, 2009 |
| At A Glance - Wednesday, March 18, 2009 |
| At A Glance - Friday, March 13, 2009 |
| At A Glance - Wednesday, March 11, 2009 |
| At A Glance - Friday, March 06, 2009 |
| At A Glance - Wednesday, March 04, 2009 |
| At A Glance - Friday, February 27, 2009 |
| At A Glance - Wednesday, February 25, 2009 |
| At A Glance - Friday, February 20, 2009 |
| At A Glance - Wednesday, February 18, 2009 |
| At A Glance - Friday, February 13, 2009 |
| At A Glance - Wednesday, February 11, 2009 |
| At A Glance - Friday, February 06, 2009 |
| At A Glance - Friday, January 30, 2009 |
| At A Glance - Wednesday, January 28, 2009 |
| At A Glance - Friday, January 23, 2009 |
| At A Glance - Wednesday, January 21, 2009 |
| At A Glance - Friday, January 16, 2009 |
| At A Glance - Wednesday, January 14, 2009 |
| At A Glance - Friday, January 09, 2009 |
| At A Glance - Wednesday, January 07, 2009 |
| At A Glance - Tuesday, January 06, 2009 |
| At A Glance - Friday, January 02, 2009 |
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