SOURCE: SourceMedia


October 14, 2010 13:07 ET

Over 120 Credit Issuers to Be in Las Vegas at Collections & Credit Risk Conference This Month

NEW YORK, NY--(Marketwire - October 14, 2010) -  Bank of America, Citi, Wells Fargo, et al will be joining more than 130 credit issuers in Las Vegas October 24-26 at the Wynn for the Financial Services Collections & Credit Risk Conference. Now in its 18th year, the event remains one of the collection industry's premier events where more than 10,000 financial services decision makers and solutions providers, over the years, have chosen as the best place for their educational and networking opportunities. With a high percentage of attendees coming from credit issuers this year, the three-day show provides unparalleled opportunities for learning and highly targeted networking.

The three-day conference program will feature workshops, case studies, interactive panel discussions and presentations, covering industry best practices along with the regulatory changes affecting the collections and credit risk industry, and will bring together more than 400 industry professionals. 

Attendees Will Be Given the Opportunity to Hear First-Hand from More Than 30 Presenters Who Will Be Discussing Topical Issues Such as Bankruptcy Projections for 2011; the Collection Industry and the Attorney General Partnership: A Safe and Professional Environment to Review the Regulatory and Economic Challenges With Our Attorney General Partners; and How to Take Advantage of Non-Standard Data Sources to Reduce Fraud, Build New Models and Increase Repayment Rates.

An additional noteworthy discussion will cover "Critical Issues to Credit Grantors and ARM Firms In the M&A Process" and will review M&A activity and trends in ARM, discuss the key dynamics of this situation, and provide current deal-tested insight into understanding and resolving concerns for both sides. Session presenters Greenberg Advisors, LLC, Reprise Management Group and Ascensionpoint Recovery Services will also touch on market share considerations -- how much share can/will the acquired firm retain; political issues -- what if the acquirer has previously been fired by the credit grantor; and systems issues -- performance concerns in case the acquired firm converts to a new system.

"Many companies are employing process improvements in conjunction with new or existing technology. This approach does more than improve business efficiency, it improves business effectiveness," said conference chairman, Dennis Sholl, Vice President, Genpact. "The Financial Services Collections and Credit Risk Conference will highlight these best practices and others designed to help you improve collections performance, decrease costs to collect and even reduce the number of delinquent accounts in a time when government regulations remain an uncertainty we all must face."

Featured presenters will include, Citi's EVP of Collections Operations and Global Consumer Business, Scott Tanguay; Wells Fargo & Company's Senior Economist and Director, Scott Anderson; State of Idaho Attorney General, Lawrence Wasden; ACA International's Chief Executive Officer and General Counsel, Rozanne Andersen; and, SunTrust Bank's, Group Vice President, Mortgage and Real Estate Collections, Recovery Division, Eric Carlson.

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