News & Insights
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Competition has revamped the prepaid card market
Prepaid products are steadily becoming more popular among consumers as fees and rates are declining for the alternative payment cards. NBC News recently reported that many banks and financial institutions have been forced to scrap expensive
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Consumer credit report complaints added to CFPB database
Consumer credit reporting agencies were put under the microscope recently by the Consumer Financial Protection Bureau (CFPB). A number of complaints regarding personal consumer credit reports were added to the CFPB's complaint database, the
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The difficulty with collecting old debts
Debt collection agencies often have trouble collecting on accounts that have been outstanding for many years. Although debt collectors are allowed to try and pursue payments for as long as they choose, they may not be able to file a lawsuit
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Data management in debt collections
The debt collection industry has become increasingly active in recent years, as consumers and businesses hold a higher volume of outstanding loans than ever before. What's more, the economic recovery, though gradual, has provided an exceptional
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Avoiding identity theft with better verification, incident response
In recent years, identity theft has become one of the most wide reaching issues in the United States and abroad. Though once a crime that seemed to threaten individuals more than enterprises, identity thieves have started to target companies,
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