capabilities financial-institutions 
Qualco
MARCH 12, 2024
In our recent study on the collections sector conducted in partnership with Deloitte France, difficulty in finding the right staff emerged as a key challenge for respondents, both among those managing Banks’ collections departments and those overseeing servicing operations. This seems to be a recurring theme.
Troutman Sanders
JULY 12, 2021
Our bank and loan servicing clients also face novel challenges affecting their industry due to COVID-19, particularly the ever-changing rules and regulations concerning evictions and foreclosures. You may access this interactive tool at [link]. These borrowers will receive 100% loan discharges, resulting in approximately $55.6
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Fico Collections
NOVEMBER 3, 2022
Most consumers are likely to suffer some level of financial distress for the foreseeable future. Consumers hit exclusively by an economic downturn typically: Have very high financial morality – they are rarely repeat visitors to collections. Are reluctant to compromise on their financial plans. FICO Admin. by Bruce Curry.
Troutman Sanders
MAY 2, 2023
Speaking at the Consensus 2023 conference, Senator Lummis stated that the next installment of her bill — the Responsible Financial Innovation Act — will be presented to the Senate within eight weeks. On April 28, Venmo announced that users of the mobile payment service will offer expanded cryptocurrency-related capabilities.
FDCPA Defense
JANUARY 22, 2017
Attorneys who collect for national banks, debt buyers or other financial institutions have been regular targets in FDCPA class actions. Accufix Research Institute, Inc., Attorneys who engage in collection work for community associations, however, have managed to remain off of the FDCPA class action radar.
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