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Technology


  • Vendor News: Persolvo Reaches Several Milestones

    Collections & Credit Risk | February 2, 2012

    Persolvo Data Systems, a provider of Web-based settlement software and analytics designed to locate, identify and settle accounts enrolled in debt settlement programs, announced Wednesday that it reached several milestones in 2011.

  • Prepaid Phone Card Marketers Agree To $2.32M Settlement

    Collections & Credit Risk | February 2, 2012

    An operation that marketed prepaid calling cards to immigrants will pay $2.32 million as part of a settlement to resolve charges that they made false claims to consumers about the number of minutes of talk time the calling cards would deliver.

  • Billing Scheme Operators Settle FTC Charges For Nearly $10M

    Collections & Credit Risk | February 1, 2012

    The FTC has stopped an operation targeting payday loan seekers that charged for worthless programs without consumers' consent.

  • Banks to Use Social Media Data For Loans And Pricing

    Collections & Credit Risk | January 27, 2012

    There are plenty of reasons to call MovenBank Corp. Ltd. a bank of the future. Perhaps most intriguing, it will use social media information to inform its credit decisions.

  • Voice Biometrics Poised For A Bigger Role In Fraud Prevention

    Collections & Credit Risk | January 27, 2012

    Voice biometrics has had its share of starts and stops as a fraud-prevention and personal authentication tool in the past decade.

  • Online Fraud Costs Rose In 2011, Visa Unit Says

    Collections & Credit Risk | January 25, 2012

    The dollar volume of online fraud rose last year, but actual incidents of fraud dropped, according to a report released Jan. 24 by CyberSource Corp., a unit of Visa Inc.

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