Regulatory Compliance
Billions of dollars are being issued in fraudulent refunds at the state and federal level. Most of the fraud can be categorized around identity...
All skip tracing data is the same, right? Not exactly. While there are many sources of consumer contact data available to debt collectors, the...
Gone are the days when validating scoring models was a thing you did when you got around to it. Besides that fact that the...
Not surprisingly, bankcard utilization is the highest among subprime consumers with VantageScore D and F tiers having average bankcard utilization rates of 68% and...
By: Kyle Aiman Let’s face it, debt collectors often get a bad rap. Sure, some of it is deserved, but the majority of the...
By: Ken Pruett The great thing about being in front of customers is that you learn something from every meeting. Over the years I...
Last week, a group of us came together for a formal internal forum where we had the opportunity to compare notes with colleagues, hear...
The Fed’s Comprehensive Capital Analysis and Review (CCAR) and Capital Plan Review (CapPR) stress scenarios depict a severe recession that, although unlikely, the largest...
By: Shannon Lois These are challenging times for large financial institutions. Still feeling the impact from the financial crisis of 2007, the banking industry...
The CFPB, the FTC and other regulatory authorities have been building up their presence in debt collections. Are you in the line of fire,...
Contributed by: David Daukus As the economy is starting to finally turn around albeit with hiccups and demand for new credit picking up, creditors...
By: Stacy Schulman Earlier this week the CFPB announced a final rule addressing its role in supervising certain credit reporting agencies, including Experian and others...
As a scoring manager, this question has always stumped me because there was never a clear answer. It simply meant less than prime –...
The cumulative effect of Basel III is expected to have a substantial impact on capital requirements. The total minimum regulatory capital will increase from...
By: Mike Horrocks This week, several key financial institutions will be submitting their “living wills” to Washington as part of the Dodd-Frank legislation. I...