Credit Card Charge-Offs and Delinquencies Increased to More Than a 12-year High, According to Federal Reserve’s Q2 Data.

Credit card charge-offs and credit card loan delinquencies continue to be at a more than 12-year high, according to the Federal Reserve’s second-quarter report.

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Tech Trends: What you need to know.  

In today's world technology is a must for operational efficiency and an improved consumer experience. However, constantly changing advancements make it difficult to stay on top of the latest tech trends and how best to take advantage of them.   

In this eBook, Finvi answers the most common questions they hear from customers - providing their unique insights into: 

• How automation can increase productivity and organizational efficiency 
• The prevalence of SaaS in the industry and its benefits 
• The growth of AI and its current usage 

Download Now. 

Alliant Capital Management Sponsors Sweet Expectations Event to Benefit FeedMore WNY

BUFFALO, N.Y. -- Alliant Capital Management is proud to announce its bronze-level sponsorship of the Sweet Expectations event to benefit FeedMore WNY. This event is a celebration of community spirit and a fundraising effort to support the critical mission of FeedMore WNY, which provides food and resources to individuals and families in need across the Western New York region.

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insideARM Weekly Recap - Week of August 19th, 2024

It can be easy to lose focus in a seemingly never-ending news cycle. Sometimes, especially in the ARM industry, it can feel like we have to know every nuance about everything that's happening. At insideARM though, we are committed to bringing you only the most relevant news. We're here to help you elevate the need-to-know over the nice-to-know. Every Monday, we bring you a recap to help you stay informed and let you know why the news we selected should be on your radar.

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IC System Appoints Mike Selbitschka as Executive Vice President of Sales

St. Paul, Minn., -- IC System is excited to announce the promotion of Mike Selbitschka to Executive Vice President of Sales. In his new role, Mike will leverage his extensive expertise in the collections industry to drive sales, enhance marketing strategies, and lead client acquisition efforts at IC System.

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Central Portfolio Control Enjoys Time Out on the Water in Support of Heroes

MINNETONKA, Minn. -- Central Portfolio Control, a professional collection agency located near the Twin Cities of Minnesota, recently took a team outing to support Time on the Water, a charity event to thank Military, first responders, and health care professionals for their sacrifices. Time on the Water provides an all-expenses-paid five-day fishing trip to Lake of the Woods near Sioux Narrows, Ontario to support sponsored local heroes.

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CFPB Comments on Treasury RFI Regarding Artificial Intelligence in Finance; Also Says Credit Card Delinquencies can be Credited to Loosened Lending Standards

On August 13, the CFPB submitted a comment to the Treasury’s RFI regarding the uses, opportunities, and risks of artificial intelligence (AI) in the financial services sector (the Treasury’s RFI was covered by InfoBytes here). The CFPB focused on monitoring the market for consumer financial products and services to identify risks and ensure compliance with federal consumer financial protection laws.

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RA Compliance Corner: Managing Your Service Providers- Do you really have it all in order?

25 September 2024 at 02:00 p.m.

It's not news that a comprehensive vendor management policy is a must in today’s compliance-centric environment. But are you creating risk for your organization by leaving your vendor management policy on auto pilot? 

Event Details »

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