Katabat

DECEMBER 16, 2019

16, 2019 — Katabat, a leading global supplier of debt management software solutions, has delivered a significant release of its software, Katabat 9.0, We always focus on improving our clients’ experience with each major release of our debt collections software,” said Katabat CEO Ray Peloso. WILMINGTON, Del.,

Debt Management 69

Debt Management Financial Institution Debt collector Lender 69

Troutman Sanders

NOVEMBER 13, 2023

On November 6, the Bank of England, Financial Conduct Authority, and Prudential Regulation Authority issued guidance explaining how current and proposed regulatory regimes governing “e-money, stablecoins, and tokenised bank deposits” will interact, indicating that applicable financial institutions will be subject to dual or triple regulation.

Financial services 52

Financial services Manufacturing Debt Management Debtor 52

Fico Collections

NOVEMBER 30, 2022

The financial institutions who were resilient during the pandemic learned from their experiences in 2008 and were better prepared for inflation. Pause pre-collection and collection activity for customers who self-identify. Debt Collections on Tenterhooks with Six and Sevens following CFPB’s Reg F.

Financial Institution 52

Financial Institution Credit Card Debt Collections Banks 52

Collection Industry News

DECEMBER 17, 2023

. “Every quarter that interest rates stay high results in more developing countries becoming distressed—and facing the difficult choice of servicing their public debts or investing in public health, education, and infrastructure. Surging interest rates have intensified debt vulnerabilities in all developing countries.

Creditors 40

Creditors Banks Education Debt Management 40

Titan Consulting

SEPTEMBER 22, 2020

State and Federal Regulations for Debt Settlement. Consumers in need of debt relief have three primary options to reduce their debt: credit counseling, debt settlement, or bankruptcy. Credit counseling requires the repayment of the debt in full. Credit counseling agencies offer debt management plans or DMPs.

Debt settlement 98

Debt settlement Bankruptcy Unsecured Debt Credit Card Debt 98

Fico Collections

SEPTEMBER 30, 2022

Mark Feeley has over 30 years’ experience in global capital markets, consulting and associated technologies, focusing on risk management, front- and middle-office platforms and data management. Nominations are due October 28, 2022, and winners will be announced January 26, 2023.

Retail 52

Retail Startups Banks Financial services 52

Debt RR

AUGUST 3, 2020

Bank account garnishment is a collection procedure that is authorized by a court. When a creditor or a government authority sues a business or individual for an unpaid debt, one of the options for settling is for the court to give the creditor the right to pull the funds from a bank account. How Long Do Bank Levies Last for Businesses?

Garnishment 40

Garnishment Banks Student loans Student Loans 40

Fico Collections

MARCH 2, 2021

In fact, a number of high street banks and financial institutions are looking at ways to incorporate Open Banking affordability and transaction-based analysis directly into default scorecards, to help supplement scores and datasets. Open Banking Is Part of the Answer.

Banks 52

Banks Debt Management Financial services Financial Institution 52

Troutman Sanders

MARCH 14, 2023

On February 28, the Financial Crimes Enforcement Network of the U.S. Department of Treasury (FinCEN) issued an alert , warning financial institutions to be vigilant in identifying and reporting check fraud schemes targeting the U.S. For more information, click here. Mail after a nationwide surge in such activity.

Financial services 52

Financial services Student loans Student Loans Loans 52

Troutman Sanders

MARCH 6, 2023

On February 28, the Financial Crimes Enforcement Network of the U.S. Department of Treasury (FinCEN) issued an alert , warning financial institutions to be vigilant in identifying and reporting check fraud schemes targeting the U.S. For more information, click here. Mail after a nationwide surge in such activity.

Financial services 52

Financial services Student loans Student Loans Loans 52

Fico Collections

JULY 29, 2020

At the beginning of the lockdowns a former colleague described the problem facing financial institutions as a ‘portfolio of good quality customers facing a temporary shock to their income, all they need is a bit of immediate assistance’.

Banks 95

Banks Loans Foreclosure Lender 95

Fico Collections

JANUARY 26, 2022

2021 saw debt collection and recovery professionals grappling with new regulations while they developed better ways to monitor and handle vulnerable customers during the pandemic. Collection strategies and apportioning of related costs are therefore concentrated on the appropriate customer level cases.

Collections 52

Collections Student loans Student Loans Government 52

Fico Collections

JULY 14, 2021

In today's environment, how do you transform your debt resolution function and create lasting success? Hoist Finance, the consumer debt purchaser working with banks and financial institutions across Europe, has had tremendous resultswith digital collections using the FICO® Platform. Further Collections Success.

Collections 78

Collections Financial Institution Banks Debtor 78