Winston-Salem City Credit Union Sells Card Portfolio to TNB
TNB Card Services buys the $1.3 million receivables portfolio from a city employees’ credit union.
Executive Change: The Receivables Exchange Lands PNC Bank Veteran as COO
Curt Queyrouze joins the New Orleans-based online marketplace for accounts receivable trading.
Austin Logistics Partners with Camelot Information System in China
System integration partnership highlights Austin Logistics? expanding presence in China
MSB Receives Highest Score from the City of Olathe in Competitive Bid Process
The Kansas city will begin using the collection services of the Texas firm on a contract that runs for 3 years.
Tenet?s Online Bill Pay Could Reduce Collections Costs
A new online bill pay service helps Tenet Healthcare better manager self-pay receivables.
Vallejo Seeks June 9 Deadline for Creditors to Step Forward
The bankrupt California city asked a judge to set a deadline for creditors to raise objections to its case.
KeyCorp Nearly Doubles Charge-Off Forecast
Large regional bank KeyCorp doubled its anticipated charge off rate this year to as high as 1.3 percent.
Disaster Planning Could Bring Greater Telecommuting for Issuers
Many financial institutions have considered telecommuting for employees in the event of a disaster. A new report suggests telecommuting may be smart anytime for card issuer collection departments.
ARM Index Shows Continuing Erosion of Collection Environment
An index of economic factors impacting the debt buying and collection industry fell in the first quarter, showing weakness in the collections and recovery environment.
Executive Change: Tanya Wallace Joins Shackelford, Melton & McKinley as Partner
The Dallas law firm named Wallace a partner focusing on corporate transactions and commercial litigation.