What do 9,123 pounds of donated food, buses stuffed with school supplies, and racing for a cure have in common? These are some of the unique ways StarTek encourages and promotes community service within its organization. As StarTek (NYSE:SRT), a leading provider of high value business process outsourcing services, celebrates the opening of its 20th [...]
Fair Isaac Corporation (NYSE: FIC), the leading provider of analytics and decision management technology, announced today that leading research and advisory services firm TowerGroup will present findings of an exclusive decision management survey of major credit card issuers and consumer lenders at its 2008 North American InterACT customer conference, to be held April 27-30 in [...]
First consumers and now small businesses sour on the outlook of the U.S. economy in 2008.
Rod Boyer, a 21-year veteran of the payments and technology industries, has been named president of TSYS Loyalty, a leading provider of card-based rewards and loyalty marketing solutions. Mr. Boyer is responsible for TSYS’ entire loyalty enterprise, including client relations, operations, product development and implementation and sales and marketing. In his new role he will [...]
New research from TowerGroup suggests that mortgage fraud is at an all-time high as falling home prices and foreclosures grab headlines.
The Federal Deposit Insurance Corporation (FDIC) is getting ready for what it anticipates will be a spike in bank failures as the regulator ramps up hiring among staff that handles that work. According to the Washington Post last week, the FDIC is adding some 140 people – a 60 percent increase – to the unit [...]
A second warning about the failing financial health of the Medicare Trust Fund will be ignored this election year, says a health care analyst.
Major European accounts receivable management company Aktiv Kapital announced Monday that it has agreed to sell its Administrative and Financial Services (AFS) unit to invoice administrator and debt purchaser Gothia Financial Group for $4.8 million. The AFS unit provides a broad range of services, including invoice administration, account/payment tracking, invoice purchasing and factoring, Aktiv said [...]
Prosecutors in Manhattan have charged two men with defrauding clients of over $1.6 million in a series of debt collection scams spanning six years.
Citi announces a major restructuring and management changes in its credit card and consumer banking business.