Since the economic downturn began in the U.S. in 2008, the fortunes of ARM companies have largely mirrored the broader business environment. Debt collection agencies are particularly susceptible to high unemployment, inflated consumer bankruptcies, and plummeting housing pricing. Combined with a general tightening of credit standards, the ARM industry is more tied to macroeconomic trends than ever before.
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First Horizon National Corp. Sells Merchant Processing Business to NOVA
12 September 2006
Bank of America Acquires Financial Labs, LLC; Continues to Build Automated, Algorithmic Trading Capabilities
12 September 2006
Cerberus, Citigroup among Bidders for GMAC
12 September 2006
Boston Newspaper Exposes Credit Card Data
12 September 2006
Experian Acquires Leading-edge Database Services Company ClarityBlue
12 September 2006
U.S. Consumer Confidence Highest in Three Years
12 September 2006
NAACP Chairman Julian Bond Joins Group Urging Pennsylvania Governor to Ban Payday Lending
12 September 2006
Experian Study Highlights Key Differences Between Consumers With High and Low Credit Scores
12 September 2006
New State Lending Law Outlines Zip Codes for Credit Counseling
12 September 2006
MoneyGram Announces Advanced Reporting Tool Enhancements For ExpressPayment's Payment Tracker
12 September 2006
MasterCard Teams With H&R Block and Link2Gov to Simplify Tax Payments
12 September 2006
Kazakhstan Banks Launch First Credit Bureau
12 September 2006
GDP Growth Slows to 1.1% in Fourth Quarter
12 September 2006
ChoicePoint to Pay $15 millon in Privacy Settlement
12 September 2006
Bono Launches Red Credit Card to help Africa
12 September 2006
First Data to Spin Off Western Union
12 September 2006
Mexico's Banorte Buys U.S. Bank Stake for $259 million
12 September 2006
TrueCredit Survey Reveals '06 Consumer Credit Confidence
12 September 2006
Consumer Spending Rises 0.9 pct in December; Incomes Up Only 0.4 pct
12 September 2006
Cross Country Bank Ordered to Repay $9 million to Consumers in Credit Card Case
12 September 2006