The Latest

The third-largest county in Tennessee is looking to hire Ohio-based collection agency Capital Recovery Systems to help it pursue a combined $160 million that offenders owe in fines, fees and court costs.

Visa Inc.'s CyberSource has launched an analytics tool called Decision Manager Replay that allows merchants to assess their online fraud management and detection strategies based on data intelligence.

UniRush's transition to a new processor caused major service interruptions for users of its popular RushCard prepaid products.

The government's spotlight on servicing problems means companies should be taking steps now in the face of regulators' current enforcement authority and the potential of coming rules.

The operators of an alleged tech support scam agreed to settle Federal Trade Commission charges that they tricked consumers into paying millions of dollars for technical support services they did not need and software that was otherwise free.

Consumer litigation against collection agencies had mixed results in September with Fair Debt Collection Practices Act and Telephone Consumer Protection Act lawsuits dropping and Fair Credit Reporting Act litigation making a jump.

Fifth Third Bancorp in Cincinnati reported a higher third-quarter profit, although the restructuring of a commercial credit cut into the results.

Synovus Financial in Columbus, Ga., reported higher quarterly earnings that reflected an increase in fee income and cost control.

Bank of New York Mellon, the world’s second-largest custody bank, reported a third-quarter profit that beat analysts’ estimates as the company cut expenses to offset the impact of lower interest rates.

Regal Bank in Livingston, N.J., has agreed to buy Community First Bank in Somerset, N.J.