article thumbnail

Delivering Trust for Risk-Aware Telcos - Using Data and Analytics

Fico Collections

Telecommunication businesses are fighting hard with acquisition campaigns in a bid to win more trust, more business and new customers. Telcos and the Need for Risk-Aware Persona-Based Acquisition. Smart Contracting, Faster Acquisition and Consumer-Initiated Pre-Qualification. Wed, 09/28/2022 - 15:25. But it’s all about trust.

article thumbnail

Rite Aid files for bankruptcy amid slowing sales, opioid litigation

Collection Industry News

The company said it reached a deal with creditors on a restructuring plan that includes evaluating its retail footprint and closing underperforming locations. Rite Aid also said lenders agreed to extend $3.45 Amazon closed its acquisition of primary-care provider One Medical in a $3.9

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Barclays Buys $3.8 Billion Gap Credit Card Portfolio In The US

Collection Industry News

billion credit card portfolio from Synchrony Bank, as the British lender seeks to grow its U.S. The co-branded credit card accounts and receivables were issued in partnership with clothing retailer The Gap Inc , and the deal is expected to close in the second quarter of next year. CLICK HERE TO READ MORE ON FOX BUSINESS.

article thumbnail

Analysis: Money market woes cast shadow over $1.6 trln UK commercial property sector

Collection Industry News

LONDON, Oct 21 (Reuters) – Owners of Britain’s largest malls, skyscrapers and industrial hubs face hikes in borrowing costs and a recession that could depress prices by up to a fifth, forcing lenders and investors to reassess their appetite for commercial property. respectively. HSBC (HSBA.L) But the government’s Sept.

Retail 40
article thumbnail

Top 5 Customer Development Posts of 2020: COVID and Beyond   

Fico Collections

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. Finding Business Opportunities From Covid-19.

article thumbnail

Mibanco Expands Microlending, Helps Customers During Pandemic

Fico Collections

With an increased adoption of advance technology in microfinancing, lenders can reduce the operational costs and expand lending to thousands more people and at the same time grow their own revenue and opportunities in the market.”. . How FICO Platform Decisions Capability Can Help Drive Better Business Outcomes. by Nikhil Behl.

Loans 52
article thumbnail

Debt Collection in the Pandemic: UK Lenders Face Big Challenges

Fico Collections

It marks the highest fine ever issued to a lender for what it deemed a breach of consumer credit rules. As we pass the first anniversary of the pandemic’s outbreak, where does this leave lenders? Right now, we’re advising lenders to adopt a flexible combination of criteria and pre-emptive approaches to evaluate debt risk.

Lender 52