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Collections Industry
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| Executive Changes: Two Elected To Online Resources Board Of Directors |
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| Online Resources Corporation (Nasdaq: ORCC), a leading provider of Web-based financial services, today announced web banking technology pioneer, Janey Place, and technology executive and entrepreneur Heidi Roizen have been elected to the Company's Board of Directors. Dr. Janey Place is a highly respected industry veteran, having served for fourteen years in executive management positions at Well |
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| Topic: Collections Industry |
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| Executive Change: PIC Solutions Expands Middle East Operations |
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| PIC Solutions, the leading credit risk management company in the Middle East and Africa region, has expanded the relationship management capacity of the Dubai office by adding Ibrahim Jaber as a Relationship Manager. PIC Solutions presence in the Middle East has grown from strength to strength and the Dubai-based team has been expanded significantly to cater for the ever-growing client base and |
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| Topic: Collections Industry |
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| Ocwens Debt Collection Unit Posts Loss in Q2 as NCI Integration Continues |
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| Mortgage loan servicer and accounts receivable management firm Ocwen Tuesday reported a sharp decline in net income in the second quarter of 2008. The company’s debt collection unit posted a loss of $2.6 million. West Palm Beach, Fla.-based Ocwen Financial Corporation (NYSE: OCN) said that net income in the second quarter of 2008 fell to $0.1 million from $27.2 million in the same quarter |
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| Topic: Collections Industry |
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| LiveVox Announces Use of Hosted VoIP Dialer Increased 350% in Second Quarter |
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| LiveVox Inc., the leading provider of hosted dialer solutions, today announced that use of the company’s hosted VoIP Dialer increased 350 percent in the second quarter of 2008.Growth in the amounts of minutes used on the LiveVox VoIP Dialer compared to the corresponding quarter in 2007 was driven by new and existing credit and collections industry clients transitioning campaigns from their |
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| Topic: Collections Industry |
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| CSS Chosen as the Sole Software Provider for Collection Training Institute |
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| Collection Solution Software’s IMPACT! Suite of collection software products has been chosen as the sole software vendor solution for Collection Training Institute, the first Collection Training and Educational Institution in India.“CTI has partnered with CSS Impact, Collection Solution Software, Inc., located in Woodland Hills, California as our collection software vendor of choice.& |
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| Topic: Collections Industry |
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| Zenta Establishes Operations In Manila, Philippines |
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| Zenta, a leading Business (BPO) and Knowledge Process Outsourcing (KPO) company, announced today that it has established an inbound and outbound contact center in Manila, Philippines, and plans to employ up to 400 people over the next twelve months. The move to Manila is further commitment by Zenta to expand its geographic locations in response to growing client demand for offshore contact center |
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| Topic: Collections Industry |
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| CR Software Releases Enhanced Customer Portal |
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| CR Software LLC (CRS), the leading financial software solutions provider to collections entities, announces today a major upgrade to its CRS Customer Portal. CR Software has been providing access to its Customer Portal for its clients since 2006 and is constantly enhancing it to best meet the needs of CR Software’s clientele. The Customer Portal provides customers with a resource to keep |
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| Topic: Collections Industry |
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| Encore Capital Reports Broad Gains in Second Quarter |
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| Bad debt buyer Encore Capital Group said Monday that it posted net income of $7.3 million in the second quarter of 2008 compared to a loss in the same quarter of 2007. Revenue, cash collections and debt purchasing activity all increased in the quarter. San Diego-based Encore (Nasdaq: ECPG) said that net income for the second quarter amounted to $0.31 per share compared to a loss of $0.04 per sha |
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| Topic: Collections Industry |
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| ACA Seeks Email Solutions, Urges Debtor Empathy |
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| The first half of 2008 marked the continuation of the credit crunch, increasing delinquencies and chargeoffs and a weakening economy. How does the second half of the year look? InsideARM spoke with several industry executives to get their take on the economy and the receivables business. This is one of a series of articles looking at the next six months.“I think the second half of the year |
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| Topic: Collections Industry |
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