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Wednesday, March 14, 2018
Mid Week Articles:
PEOPLE HARMED BY THE RUSHCARD OUTAGES IN OCTOBER 2015 MAY BE ELIGIBLE TO RECEIVE COMPENSATION
Today, people who weren't able to access the money on their RushCards in October 2015, but no longer have an active RushCard account, will have redress checks mailed to them. And earlier this month, people who were unable to access the money on their RushCards in October 2015, and still have an active RushCard, received a credit to their account. Harmed RushCard users do not have to make a claim in order to receive payment.
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CONSUMERS TOOK ON MORE DEBT AND PAID ON TIME IN 2017
Household debt reached an all-time high of $13.15 trillion at the end of 2017, according to Federal Reserve data. Still, a new TransUnion report showed that across numerous credit products, a healthy consumer credit market emerged for the year, along with increased access to loans, greater usage, and relatively low delinquency levels.
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NEW ANALYTICS ENGINE DELIVERS FASTEST INTELLIGENCE FROM CUSTOMER INTERACTIONS AT SCALE
Orlando, FL - March 13, 2018 - CallMiner, the leading platform provider of award-winning speech and customer engagement analytics, announced today at Enterprise Connect 2018 that the company has made significant enhancements to its cloud-based customer engagement analytics platform, CallMiner Eureka, to increase speed to intelligence, reliability, and scaling capabilities.
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DEVOS ANNOUNCES ADDITIONAL FUNDS TO SUPPORT STUDENTS AT COLLEGES AND UNIVERSITIES IMPACTED BY HURRICANES
WASHINGTON - U.S. Secretary of Education Betsy DeVos announced the reallocation of $22.9 million in unexpended funds to assist students at colleges and universities located in Federal Emergency Management Agency-declared major disaster areas impacted by hurricanes Harvey, Irma and Maria, as well as postsecondary schools across the nation that have enrolled a significant number of students from the affected areas.
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DEFENDANTS SETTLE FTC CHARGES IN 'MONEY NOW FUNDING' CREDIT CARD LAUNDERING SCHEME
Michael Abdelmesseh and KMA Merchant Services LLC have agreed to settle a Federal Trade Commission lawsuit for laundering credit card charges for Money Now Funding (MNF), a business opportunity scheme that falsely promised consumers they would make thousands of dollars helping small businesses get loans.
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CONSUMER BANKERS BACK SENATE BANK REFORM LEGISLATION
The Consumer Bankers Association (CBA) is lobbying Senate leaders to support the Economic Growth, Regulatory Relief and Consumer Protection Act, which includes measures to reform regulations for banks.
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PENFED ANNOUNCES $25,000 DONATION TO U.S. ARMY WOMEN'S FOUNDATION
TYSONS, Va., March 13, 2018 /PRNewswire-USNewswire/ -- PenFed credit union President and CEO James Schenck announced a $25,000 donation from the credit union to the U.S. Army Women's Foundation. PenFed's $25,000 donation will help advance education and career opportunities for women in the military and honor exceptional women soldiers.
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HOUSE HEARING ANALYZES TWO BILLS TO PROTECT CONSUMER DATA
The House Subcommittee on Financial Institutions and Consumer Credit held a hearing this week to discuss two bills that reform data security and breach notification rules as well as reform reporting standards for reporting agencies.
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NOBLE SYSTEMS ACQUIRES FIDOTRACK
Atlanta, GA - March 12, 2018: Noble Systems Corporation, a global leader in omnichannel contact center
technology solutions, announced today that it has completed the acquisition of FidoTrack, one of the leading
providers of Cloud Gamification software and services for call centers.

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DebtConnection.com is a searchable database of collection products and services.
The following Updates and New Entries occured since the last At A Glance was sent:
Portfolios For Sale
$3,205,200.00     Other
Liberty Credit Management
http://www.debtconnection.com/portfolio.asp?8185  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?8084  

$8,820,510.00     Retail
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?8184  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774  

$17,143,503.00     Credit Cards
BAL Financial LLC
http://www.debtconnection.com/portfolio.asp?8183  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1774  

$19,000,000.00     Auto Deficiencies
National Debt Holdings, LLC
http://www.debtconnection.com/portfolio.asp?8182  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?6735  

$304,802.00     Payday Loans
Sea Side Management, LLC
http://www.debtconnection.com/portfolio.asp?8181  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?7864  

Debt Buyers
RISEN CAPITAL LLC
800-961-3041

JUDGMENT ACQUISITIONS UNLIMITED
508-857-4410

Software
ZENYLITICS
Shannon Brown-Hess
469-623-6978
More Information

Industry Events
Payments & FinTech Conference Money20/20 Asia
MONEY20/20 ASIA
The Marina Bay Sands Expo & Convention Centre
Singapore
March 13 - 15, 2018
More Information


NASP 2018 Subrogation Litigation: Skills and Management Conference
National Association of Subrogation Professionals (NASP)
The Roosevelt
New Orleans, LA
March 22 - 23, 2018
More Information


National Credit Union Collections Alliance Annual Conference 2018
National Credit Union Collections Alliance (NCUCA)
Venetian Las Vegas
Las Vegas, NV
April 4 - 6, 2018
More Information


LendIt Fintech USA 2018
LendIt
Moscone West
San Francisco, CA
April 9 - 11, 2018
DCS Special Discount Code: DebtConnection15%
More Information


Collection and Recovery Solutions 2018
Four Seasons Las Vegas
Las Vegas, NV
May 9 - 11, 2018
More Information

Debt Connection Symposium & Expo 2018
JW Marriott Austin
Austin, TX
September 5 - 7, 2018
More Information

Sponsors












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