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Back during World War I, the concept of “triage” was first introduced to the battlefield. Faced with massive casualties and limited medical resources, a...
Here are a few more frequently asked questions. 1.Am I a “creditor” under the rule? The term “creditor” has the same meaning as under...
By: Tom Hannagan Part 3 I believe it is quite important to compare your bank or your investment plans in a financial institution to...
Part two Improved collector productivity and cash flow is the concept of doing more work with existing staff or doing the same amount of...
Part oneIn today’s collections environment, the challenges of meeting an organization’s financial objectives are more difficult than ever. Case volumes are higher, accounts are...
Here we are in March, 2009, four months after the Red Flags Rules deadline OR two months until the Red Flags deadline…depending on your...
Address discrepancies aren't the end of the road, but they sure can be a bump in it. One of the handful of mandatory elements...
Recently we conducted an informal survey, the results of which indicate that loan portfolio growth is still a major target for 2009. But, when...
By: Tom Hannagan Part 2 In my last post, I started my review of the Uniform Bank Performance Reports for the two largest financial...
By: Tom Hannagan Part 1 It may be quite useful to compare your financial institution’s portfolio risk management process or your investment plans , to the...
By: Tom Hannagan This post is a feature from my colleague and guest blogger, John Robertson, Senior Process Architect in Advisory Services at Baker...
At which stage of the application process does the Red Flags Rule apply? The Red Flag Rule would apply whenever you detect a Red...
After reviewing more details around the "The President’s Identity Theft Task Force Report" (September 2008), and some of the activities surrounding it, I find...
What to do when you see a Red Flag. Your Identity Theft Prevention Program should include appropriate responses when you detect a Red Flag....
By: Tom Hannagan Part 2 There is one rather interesting clause that appears to represent an open-ended business porfolio risk management decision for the...