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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

The agency is mailing notices to 1,137 businesses who were customers of First American between June 2017 and April 2020, and later cancelled their services. On February 28, the New York Department of Financial Services (NYDFS) announced that Gemini Trust Company, LLC has committed to return at least $1.1

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15 High Dividend Stocks with 5%+ Yields

Credit Corp

The top 5 industries are restaurant & food service, grocery, financial services, salons, and medical & dental. During the pandemic, the REIT rightly halted acquisitions and development projects, and reduced expenses, as it focuses on improving its financial position and liquidity. Carey (WPC). and the U.K.

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Top 5 Customer Development Posts of 2020: COVID and Beyond   

Fico Collections

Here are our top 5 posts from 2020. #1. FICO’s suite of interconnected Acquisition, Origination, and Growth capabilities for Telecommunications helps organizations do exactly that. If you’re interested in making smarter, faster acquisition and retention decisions, we’d love to talk with you. . #2.

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The Opportunity for Credit Unions and Regional Banks to Win over Big Bank Customers

Fico Collections

The data shows: Since the beginning of 2020, credit unions have gained nearly 10% in market share of auto loan origination. Within financial services, the majority of consumer lending and credit card acquisition mail volume is prescreened. Best practices for finding new customers. 15% increase in cross-sell.

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What Is First-Party Fraud?

Fico Collections

In my personal experience, first-party fraud typically comprises around 10% of the volume of credit losses (also known as bad debt) but, alarmingly, more than 20% of the value. Newer financial services providers are even more challenged, as well as telcos new to payment processing and retail finance. A Drain on Profitability.