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Legal collections took a backseat to other financial processes in the wake of the recession. But with the job market showing strength and the related assumption that defaulting borrowers are regaining the capacity to pay back debt, its expected collection revenue via litigation will grow in 2016.
February 16 - PH
Boomers' Booming Debt; IBM Jumps on Blockchain Bandwagon
February 16 -
An Istanbul-based payments startup says its signed a deal that smooths the way for companies seeking to follow it into Irans $400 billion economy.
February 16 -
Digital is a big reason why the biggest banks have moved ahead of regional banks in satisfaction surveys, but there are several others, a J.D. Power & Associates executive says.
February 16
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It has been difficult for the card brands' 3D Secure technology to find a following in the U.S., in part because of a lack of awareness, and in part because of the consumer friction the authentication process has caused in the past.
February 16 -
In comparison to the countries that have already implemented faster payments, the U.S. market contains a far larger and more diverse array of financial institutions that would have to implement the system in order for ubiquity to be achieved.
February 16
Volante Technologies -
Enterprise Car Sales helped rev up auto lending among its credit union partners, generating roughly $500 million in auto loans during 2015.
February 15 -
As Apple Pay crossed the 15-month mark, a new report suggests consumer awareness and usage of the mobile wallet are falling, despite robust support from banks and an exponential increase in the merchants that can accept Near Field Communication payments.
February 15 -
Bank of America awarded Chief Executive Officer Brian Moynihan $16 million for his work last year, raising his compensation 23%.
February 12 -
American International Group is expanding bets on property lending and safe fixed-income securities after hedge-fund investments soured.
February 12
