August, 2017

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Using Alternative Data in Credit Risk Modelling

Fico Collections

When it comes to using alternative data in credit risk assessments, the field has really opened up over the last few years. Alternative data is a hot topic, in part because of the data explosion of the last few years, and in part because of the drive in lending for financial inclusion. Here is useful information on how to assess alternative data and combine it with so-called traditional data to improve credit risk models.

Lender 52
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Simplicity Skip Tracing Services

SimplicityCollectionSoftware

Simplicity has teamed up with LocateSmarter, a premier data provider, to automate the skip tracing process in Simplicity at a reduced cost for all Simplicity clients. This means you save time and money ! The integration allows you to easily mark accounts individually or in bulk that need to be skipped, have them skipped the same day, and then have the results automatically updated and applied to your Simplicity accounts.

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No interest? No Disclosure? No Problem!

Consumer Financial Services Law

The juxtaposition of Sections 1692e and 1692g continues to be a battle ground for the consumer bar and collection industry. Section 1692e prohibits false, deceptive or misleading representations in connection with the collection of a debt. Section 1692g(a) requires that within five days of initial communication, the debt collector provide the consumer with a written notice which contains five pieces of information: (a) the amount of the debt; (b) the name of the creditor to whom the debt is owed

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Simplicity Skip Tracing Services

SimplicityCollectionSoftware

Simplicity has teamed up with LocateSmarter, a premier data provider, to automate the skip tracing process in Simplicity at a reduced cost for all Simplicity clients. This means you save time and money ! The integration allows you to easily mark accounts individually or in bulk that need to be skipped, have them skipped the same day, and then have the results automatically updated and applied to your Simplicity accounts.

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From Complexity to Clarity: Strategies for Effective Compliance and Security Measures

Speaker: Erika R. Bales, Esq.

When we talk about “compliance and security," most companies want to ensure that steps are being taken to protect what they value most – people, data, real or personal property, intellectual property, digital assets, or any other number of other things - and it’s more important than ever that safeguards are in place. Let’s step back and focus on the idea that no matter how complicated the compliance and security regime, it should be able to be distilled down to a checklist.