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Wednesday, May 06, 2009
This Weeks Articles:
LIVEVOX ANNOUNCES THE RELEASE OF INTEGRATED PAYMENT LINES FOR AROUND-THE-CLOCK COLLECTIONS
SAN FRANCISCO, LiveVox Inc., the leading provider of hosted-dialer solutions, today announced the development of integrated payment lines that allow credit and collection organizations to take automated payments 24 hours a day, 365 days a year.
read more

MARION FINANCIAL CORP. AWARDS TWO SCHOLARSHIPS
HOUSTON, TX -May 6, 2009-- Marion Financial Corp. is pleased to announce that two high school seniors have each been awarded a $4,000 scholarship for the 2009 - 2010 academic years. The recipients of the tenth annual Marion Financial Corp. Scholarship Award are:
read more

FDIC'S BAIR SAYS US NEEDS SYSTEMIC RISK COUNCIL
WASHINGTON: The United States needs a council of regulators to oversee threats to the financial system, in addition to a regulator to supervise the largest financial institutions, the head of the U.S. Federal Deposit Insurance Corp said.
read more

NOBLE SYSTEMS INTRODUCES OUTBOUND WFM
Atlanta, GA – May 6, 2009: Noble Systems Corporation, a global leader in innovative contact center technology solutions, introduces its innovative Outbound WFM module for Noble® Workforce Management, a powerful and complete workforce management system. Noble Outbound WFM fills a void left by many WFM products which focus only on inbound communications.
read more

FTC TESTIFIES ON EFFORTS TO COMBAT FORECLOSURE RESCUE AND LOAN MODIFICATION SCAMS
The Federal Trade Commission today told the U.S. House Subcommittee on Housing and Community Opportunity of the Committee on Financial Services that, with the rapid increase in mortgage delinquencies and foreclosures, the FTC has intensified its efforts to protect consumers from foreclosure rescue and loan modification scams. The FTC also recommended legislative and other remedies to enhance the agency’s effectiveness.
read more

BANK OF AMERICA SURVEY FINDS AMERICANS QUICK TO EVOLVE SPENDING HABITS IN TOUGH TIMES TO ACHIEVE SAVINGS GOALS
CHARLOTTE, N.C., May 6 /PRNewswire/ -- In the face of the most difficult economic environment in decades, more than 80 percent of American consumers indicate they are more conscious of their spending habits today compared to the beginning of 2009, according to a national survey released today by Bank of America and Dan Ariely, Duke University professor of Behavioral Economics and author of Predictably Irrational.
read more

JOB CUTS MAY BE STARTING TO SLOW, TWO REPORTS SHOW
The pace of U.S. job losses may be slowing, according to two private reports released Wednesday.
Automatic Data Processing, a payroll-processing firm, said private-sector employment decreased by 491,000 in April, a 31% improvement from the revised 708,000 drop in March.

read more

FTC TESTIFIES ON DATA SECURITY, PEER-TO-PEER FILE SHARING
The Federal Trade Commission today testified on the Commission’s efforts to promote better security for sensitive consumer information and to prevent the inadvertent sharing of consumers’ personal or sensitive data over Peer-to-Peer Internet file-sharing networks. As part of these efforts, the agency also announced that it had reached an agreement with one of the largest privately held lenders in the United States to resolve charges that the company violated federal law by failing to provide reasonable security for consumers’ sensitive information.
read more

CREDIT CARD LEGISLATION TO GET A FINAL VOTE THIS WEEK
A bill that targets credit card rate hikes and fees is headed for a final showdown in the Senate as key lawmakers negotiate a possible compromise measure.
read more

DISCOVER® CARD WINS BRAND KEYS CUSTOMER LOYALTY AWARD FOR 12TH CONSECUTIVE YEAR
RIVERWOODS, Ill.--(BUSINESS WIRE)--May. 5, 2009-- Discover Financial Services (NYSE: DFS) today announced that Discover® Card ranked No. 1 in customer loyalty among leading credit card brands, according to the 2009 Brand Keys Customer Loyalty Engagement Index®. Discover Card has won the credit card category 12 years in a row.
read more

WELLS FARGO DEBUTS NEW ONLINE ADVICE RESOURCE FOR SMALL BUSINESS OWNERS
In celebration of small business owners, Wells Fargo is kicking off its annual Small Business Appreciation Campaign. Beginning in May and continuing through June, this recognition of Wells Fargo’s small business customers coincides with various local and national events conducted by the Small Business Administration during National Small Business Week. As part of its 2009 campaign, Wells Fargo is introducing a new online educational video resource to help small business owners manage their businesses. The Business Insight Series video library offers advice and solutions on a range of topics, including financing and credit, marketing, healthcare and security.
read more

FDIC ANNOUNCES EXPANSION OF OMBUDSMAN'S OFFICE TO ASSIST CUSTOMERS WITH LOANS AT FAILED BANKS
The Federal Deposit Insurance Corporation (FDIC) today announced the creation of a new unit within the Office of the Ombudsman specifically designed to assist customers with loans at failed banks. This new unit will complement the extensive work that the FDIC conducts on behalf of the public, and is another effort to provide effective avenues to address questions or concerns of borrowers of failed banks.
read more

CREDIT CARD CURBS NEAR FINAL SHOWDOWN
WASHINGTON (CNNMoney.com) -- A bill that targets credit card rate hikes and fees is headed for a final showdown in the Senate as key lawmakers negotiate a possible compromise measure.
read more

THREE MORE BANKS FAIL
NEW YORK (CNNMoney.com) -- Three more banks shut their doors Friday, according to the federal government, bringing the total number of failures up to 32 in 2009.
read more

VERIFACTS, INC., PARTNERS WITH TRIAD FINANCIAL TO EXPAND SERVICES FOR AUTO LENDERS, COLLECTION AGENCIES AND INVESTORS
NORTH RICHLAND HILLS, Texas – May 1, 2009 – VeriFacts, Inc., a leading provider of skip trace solutions, and Triad Financial, a third-party servicer focusing on nonprime consumer vehicle loans, today announced their partnership to offer a one-stop shop of services. In combination with VeriFacts, Inc.’s POEExtreme package, the new menu includes:
read more

ACCOUNTS RECEIVABLE TECHNOLOGIES APPOINTS KIM MASSEY AS VICE PRESIDENT OF BUSINESS DEVELOPMENT
WOODBRIDGE, NJ, April 30, 2009 – Accounts Receivable Technologies (AR Tech), a leading provider of accounts receivable management and business process outsourcing, today announced that its Board of Directors has appointed Kim Massey as Vice President of Business Development.
read more

ENCORE CAPITAL GROUP ANNOUNCES FIRST QUARTER 2009 RESULTS AND BOARD APPOINTMENTS
SAN DIEGO, April 29 /PRNewswire-FirstCall/ -- Encore Capital Group, Inc. (Nasdaq: ECPG), a leading distressed consumer debt management company, today reported consolidated financial results for the first quarter ended March 31, 2009.
read more

FORECLOSURE STARTS JUMP IN MARCH; REPOSSESSIONS DECLINE.
Lenders continued to rewrite troubled mortgages at a fast clip during March, but the weakening economy still sent foreclosure starts soaring to a record high.
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
$2,787,122.00     Credit Cards
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?695  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826  

$24,000,000.00     Payday Loans
Vandenberg, Chase/Nirvanna Trading
http://www.debtconnection.com/portfolio.asp?684  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?3938  

Agency
ACCOUNTS RECEIVABLE MANAGEMENT
Robert J Picone
800-220-3350
More Information

LEWIS SHAPIRO, LLC
888-243-4406

ROYAL RECOVERY SERVICES
770-875-1173

ELITE PORTFOLIO SERVICES, INC
918-289-2541

ACCOUNTS RECEIVABLE TECHNOLOGIES
602-463-3706

Bankruptcy
PRESSBURG
0040743210250

Brokers
THE MILLENNIUM CAPITAL GROUP, LLC.
703-853-6059

Debt Buyers
CREDITMAX LLC
561-352-2188

NATIONAL ASSET INVESTMENT PARTNERS
314-322-3333

TRIUMPH FINANCIAL SERVICES, LLC
815-740-1545

Debt Sellers
CREDITMAX LLC
Michael Bernstein
561-352-2188
More Information

ENGLISH FINANCIAL & ASSOCIATES
877-879-0938

FINANCIAL ACQUISITIONS MANAGEMENT
515-988-2960

Legal Networks/Services
FIRST CLASS CIVIL PROCESS
214-622-7296

FORECLOSURE MANAGEMENT COMPANY
913-620-4837

Licensing/Compliance
HAWAII COLLECTION LICENSE SERVICE
808-538-3800

Skip Tracing
SYNERGY SOLUTIONS INC.
800-204-4281

Industry Events

Collection and Recovery Solutions® 2009
Resouce Management Services, Inc.
Four Season Hotel Las Vegas
Las Vegas, NV
May 6 - 8, 2009
More Information

Buyer/Seller 101
The Debt Marketplace, Inc.
Embassy Suites
Downey, California
June 11 - 12, 2009
More Information

Recovery Management Strategies & Techniques
Resouce Management Services, Inc.
Hyatt Rosemont
Chicago, IL
June 16 - 17, 2009
More Information

Debt Connection Symposium and Expo® 2009
Resouce Management Services, Inc.
El Conquistador Resort & Golden Door® Spa
El Conquistador, Puerto Rico
September 15 - 17, 2009
More Information

Recovery Management Strategies & Techniques
Resouce Management Services, Inc.
Hyatt Place Ontario Mills
Ontario, CA
October 6 - 7, 2009
More Information

Buyer/Seller 101
The Debt Marketplace, Inc.
Embassy Suites
Downey, California
October 13 - 14, 2009
More Information
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