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Wednesday, February 11, 2009

This Weeks Articles:

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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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TRANSUNION'S PORTFOLIO VALUATION SOLUTION OFFERS DEBT BUYERS AND SELLERS OPPORTUNITY TO BOOST RETURN ON INVESTMENT
To help mitigate risk associated with debt buying, TransUnion has launched its Portfolio Valuation solution at the 2009 DBA International Annual Conference, enabling debt buyers and sellers to price and bid on portfolios more accurately.
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LEGISLATION AIMS AT DATA BREACH NOTIFICATION
State Sen. Dominic Pileggi, R-9, of Chester, recently re-introduced legislation that would require state agencies to notify the public about data breaches involving personal information within one week.
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GLOBAL DATA THEFT HITS $1 TRILLION
Cybercrime during 2008 cost businesses more than $1 trillion worldwide in lost intellectual property, a new survey shows.
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OBAMA ADMINISTRATION ORDERS REVIEW OF IRS PRIVATE DEBT COLLECTION PROGRAM
Obama administration officials have asked for an independent review of the Internal Revenue Service's controversial private debt collection program, contracting officers told collection agencies on Wednesday.
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IDT SELLS CONSUMER DEBT
NEWARK, N.J. - IDT Corporation (NYSE: IDT; IDT.C) said today that it has closed a transaction to sell substantially all of the consumer debt portfolio held by its IDT Carmel division for $18.35 million.
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COMPLAINT BEFORE FTC COULD TEST U.S.'S COMMITMENT TO PRIVACY
A complaint filed with the Federal Trade Commission by consumer groups seeking greater privacy protection for mobile Internet users could become a crucial test for the Obama administration's commitment to Internet privacy, a researcher has said. A policy statement published on then-President-elect Barack Obama's transitional Web site said he plans to "strengthen privacy protections for the digital age."
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BILL COLLECTOR'S CALL REACHES WRONG GUY: ATTORNEY GENERAL
Oregon Attorney General John Kroger received a call on his personal cell phone Thursday morning as he sat at his desk preparing testimony for an afternoon hearing where he aimed to push lawmakers to strengthen debt collection laws.
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EXPERIAN HELPS B2B MARKETERS REACH CUSTOMERS IN A CHALLENGING ECONOMY
Marketing expert Denise Hopkins will present suggestions to effective outreach, despite reduced budgets, during Webinar hosted by BtoB Magazine
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CONSUMER ELECTRONICS COMPANY AGREES TO SETTLE DATA SECURITY CHARGES; BREACH COMPROMISED DATA OF HUNDREDS OF CONSUMERS
An online seller of computer supplies and other consumer electronics has agreed to settle Federal Trade Commission charges that it violated federal law by failing to provide reasonable security to protect sensitive customer data.
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EDGAR, DUNN & COMPANY AND SOUNDBITE COMMUNICATIONS TO HOST WEBINAR ON HOW LENDERS CAN MAXIMIZE COLLECTIONS ACTIVITY AND MINIMIZE LOSSES
BEDFORD, Mass. - The current economic crisis has negatively impacted the ability of millions of consumers to make timely payments on their mortgages, automotive loans, credit cards and student loans.
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PROVIDENT AMONG BANKS AFFECTED BY DATA BREACH
A security breach at a credit card payment processor has prompted banks nationwide -- including Baltimore-based Provident Bank -- to reissue credit and debit cards that might have been compromised, a Provident official said today.
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EXPERIAN AND PREDICTIVEMETRICS™, INC. LAUNCH PRIORITYSCORE FOR COLLECTIONS^SM
Costa Mesa, Calif., Feb. 3 2009 - Experian®, a global information services provider, and PredictiveMetrics™, Incorporated (PMI), a statistical decision modeling and analytical solutions provider, today announced the launch of PriorityScore for CollectionsSM.
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DECEASED DEBT SALES STUDY FINDS FEW ARE SELLING
LAS VEGAS - While 86 percent of the nation's largest credit grantors sell contractual charged-off debt, only 14 percent are active sellers of deceased account debt, according to a recent study commissioned by DCM Services, LLC. Further, though nearly 75 percent of those not selling deceased debt were willing to consider it, the prospect of selling deceased debt raised concerns about brand risk and obtaining a fair price.
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RESTAURANTS HIT BY HEARTLAND DATA BREACH
The complaints started in the fall of 2008. It was around late October when Heartland Payment Systems, a Princeton, N.J.-based company that provides payment processing for roughly 200,000 U.S. businesses, was contacted by Visa and MasterCard about reports of fraudulent activity taking place on cards it had processed.
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

$1,700,000.00     Credit Cards
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?667
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773

$12,800,000.00     Credit Cards
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?666
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773

$2,000,000.00     Other
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?665
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773

$13,000,000.00     Credit Cards
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?664
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773

$1,600,000.00     Other
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?662
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773

Agency

COMMERCIAL SERVICES GROUP
800-530-2977

UNITED STATES CREDIT AGENCY
951-304-9912

FIDELITY COLLECTION SERVICE
866-822-4233

Consultants

D CORWYN JACKSON
857-334-0691

Debt Buyers

C & M FINANCIAL, LLC
303-963-5030

IOWA FINANCIAL RECOVERY,INC
515-778-5863

ESPIAILLE, INC.
516-484-2958

Mail Services

FSSI - FINANCIAL STATEMENT SERVICES INC.
714-436-3811

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STERLING INVESTIGATION SERVICES L.L.C.
866-790-4040

MICROBILT
800-884-4747

Industry Events

Technology & Security Conference
NAFCU: National Association of Federal Credit Unions
Planet Hollywood Resort & Casino
Las Vegas, NV
February 25 - 28, 2009
More Information

2009 PREPAID CARD EXPO
Prepaid Card Expo
Orlando World Center Marriott
Orlando, FL
March 9 - 11, 2009
More Information

2009 Community Reinvestment Act Conference
Consumer Bankers Association
Omni Shoreham
Washington, DC
March 9 - 11, 2009
More Information

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