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Japanese consumer finance company, Aiful, will automate collections with cloud-based FICO solution
Monday, 14 September 2015
Together with its client Aiful Corporation, one of Japan’s largest consumer finance companies, FICO is bringing significant benefits of automated, analytics-based customer engagement to Japan.
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Hemaya choose Transtrack’s CashWebCommunity (CWC) software for end-to-end cash management
Tuesday, 01 September 2015

CWC automates and integrates the cash center and transport operations aiming to deliver cost savings and a high quality service to Bank and Retail clients by cooperating with them within the supply chain.

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CGI releases latest version of default management solution CACS Enterprise 9.1
Tuesday, 18 August 2015

Fairfax, Virginia, August 18, 2015 - CGI announced today the latest release of its default management solution, CACS Enterprise. CACS Enterprise is part of CGI Collections360, a comprehensive, managed service approach to collections and recovery management for banks, telcos, utilities and governments.

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M.A.H.International Corporation becomes CICM’s new Corporate Partner
Wednesday, 12 August 2015

Global export debt collector and international trade dispute resolution firm, M.A.H. International Corporation (M.A.H.), has become the latest high profile name to enter into a Corporate Partnership with the Chartered Institute of Credit Management (CICM).

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Loan Science Optimises Contact Programs with Noble Technology
Thursday, 06 August 2015

Manchester, UK – August 6, 2015: Noble Systems, a global leader in unified contact centre technology, reports that Loan Science, a recognised authority in consumer and education loan portfolio management, has chosen the Noble® Enterprise Cloud solution to enhance and optimise its contact programs with unified communications, workforce management and analytics technology.

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CICM signs agreement with Australian Institute to benchmark quality in credit management
Thursday, 30 July 2015

In an historic move, the Chartered Institute of Credit Management (CICM) – Europe’s largest professional credit management body – has signed an agreement with its opposite number in Australia to provide its Quality Accreditation (CICMQ) to members of the Australian Institute of Credit Management (AICM).

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Consumer Delinquencies Fall Slightly in First Quarter
Thursday, 09 July 2015

WASHINGTON – Delinquencies in closed-end loans and bank cards fell in the first quarter, highlighted by a significant drop in home equity loan and home equity line delinquencies, according to results from the American Bankers Association’s (ABA) Consumer Credit Delinquency Bulletin.  Delinquencies fell in five of the 11 individual loan categories while delinquencies in two categories – direct auto loans and marine loans – remained unchanged.

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Straetus expands into the USA and Australia
Tuesday, 16 June 2015

Straetus, the world’s largest debt collection organization, recently signed a master franchise agreement with United Franchise Group (UFG). Straetus is already active in Europe, Russia, the Middle East and with this step within the USA and Australia as well.

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Semafone announces record growth
Tuesday, 26 May 2015

Semafone® has announced a record trading year, achieving a 38% increase in revenues to £5.3m and doubling its overseas business to £2.5m.

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8 million companies in Europe would hire more employees if they got faster payment from debtors
Tuesday, 26 May 2015

Every third company in Europe would be able to hire more employees if they got paid faster by their debtors. It appears from the debt collection company Intrum Justitia's European Payment Report 2015, based on questions about payment answered by 8979 companies in 29 countries. 32 percent answered yes to the question "Would you hire more if you got the invoices paid faster?" This corresponds to 8 million businesses in the countries surveyed.

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Debt collection outsourcing on the increase as more than R75 billion of debt is chased in SA
Tuesday, 26 May 2015

Companies are increasingly outsourcing their debt collection to specialist debt collection agencies, a move that is expected to see an increase in money recovered from indebted individuals and companies.

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