GDP Contracts 3.8% in Q4, But Rise in Inventories Masks Real Figure
The official GDP number far exceeded expectations, but a nasty rise in inventories gave the figure an unwanted bounce as companies found it hard to unload their products.
New Committee Assignment Allows McCain to Play a Role in Health Care Reform
Arizona Sen. John McCain may not get the chance to implement the health care reform plan he envisioned, but he intends to be a part of the solution that comes out of Washington. McCain now sits on the Senate Health, Education, Labor and Pension Committee where he will work with Committee Chairman Sen. Ted [...]
Executive Change: Lars Wollung Assumes CEO Position at Intrum Justitia
European accounts receivable management firm Intrum Justitia AB announced today that Lars Wollung will assume the position of CEO and President for the company. As was announced on November 17, 2008, Lars Wollung has been appointed Chief Executive Officer and President for Intrum Justitia AB. He will assume the position on February 1, 2009, at [...]
Debt Marketplace Launches Small Business Credit Card Survey
The Debt Marketplace, Inc., in conjunction with its sister company, Resource Management Services, Inc. (RMS), has composed an innovative joint research project focused on Small Business credit card issues faced by creditors, collection agencies, attorneys and debt buyers in today’s financial environment. Small business card research project will be extended through February 13, 2009. If [...]
Fair Isaac Introduces Newest, Most Predictive FICO Score to Market
Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, today announced that TransUnion is the first credit reporting company to offer Fair Isaac’s newest FICO® score to businesses. TransUnion will market scores from the new model under the product name FICO® Risk Score, Classic 08. Risk scores from Fair Isaac’s newest [...]
Aspect Supports Virtual Launch of Microsoft Office Communications Server 2007 Release 2 with Platinum Sponsorship
Aspect, a unified communications (UC) and contact center software and services provider, announced its support of the virtual launch of Microsoft Office Communications Server 2007 Release 2 as a platinum sponsor. At the event, Aspect will highlight its UC services offerings, which provide strategic planning and implementation capabilities for companies deploying unified communications strategies and [...]
Dire Economic Conditions Impacting Legal Debt Collections
Debt collection law firms are facing some tough conditions in the present economy as more and more debtors cannot pay their bills.
Collection Agencies Employ Virtual Spanish-Speaking Agents to Boost Payments
With record numbers of consumers expected to delay or default on payments of debt, collection agencies have put on a new web-based "face" to improve customer service and try to increase payments received. When an account becomes overdue, a borrower may need help to negotiate and manage the account to a favorable outcome. Simple Web [...]
SoundBite Launches Business Partner Program for Proactive Customer Communications Solutions
SoundBite Communications, Inc. (NASDAQ: SDBT) today announced a Business Partner Program enabling resellers, solution providers, OEMs and international distributors to provide their clients with SoundBite’s award-winning proactive customer communications solutions. This program will make SoundBite’s Intelligent Communications Platform available to new markets, both domestically and internationally. The Business Partner Program has more than 20 participants, [...]
Executive Change: Ed Fontaine to Dial Connection as SVP of Contact Solutions
Dial Connection, LLC, a global leader in contact center technology solutions, announced today that Ed Fontaine has joined the company as Senior Vice President of Contact Solutions. Prior to joining Dial Connection, Fontaine served as Senior Vice President of Recovery Solutions and Marketing with Apollo Enterprise Solutions. While at Apollo Ed successfully opened the UK [...]