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