NORCROSS, GA, Jan 1, 2011 – CoreCard Software (www.CoreCard.com) , a leading provider of card management and boutique processing solutions, today released the next white paper in its ongoing series entitled “Redefining Collection Strategies – Using Champion/Challenger Techniques to Reduce Delinquency.” In this latest paper CoreCard looks at a way to refine collection practices.
“When we originally built CoreCOLLECT our customers insisted on being able to have the ability to set aside a portion of their delinquent accounts in a way to allow them to create challenges to their current practices,” said J. Leland Strange, CoreCard Software CEO. “We believe having this ability in our product gives our customer an edge in maintaining lower delinquency levels in these tough economic times.”
The use of Champion/Challenger techniques allow portfolio managers to made small adjustments to their strategies without risking a major change that could negatively impact the processes. In this white paper, CoreCard explains how these practices can be a benefit to any organization.
For more information on how CoreCard can save money and make any organization more efficient, visit CoreCard online at http://www.corecard.com or call 1-770-564-8000.
About CoreCard Software, Inc.
CoreCard Software, a leading provider of card management systems and processing services, offers an array of account management solutions to support the complex requirements of the evolving global financial services industry. The CoreCard® software solutions provide the market’s most feature-rich platform for processing and managing a full range of card products including prepaid/stored-value, fleet, credit, debit, commercial, government, healthcare and private-label cards as well as accounts receivable and loans. Headquartered in Gwinnett Innovation Park in Norcross, GA with additional offices in India and Romania, CoreCard is a subsidiary of CoreCard Corporation (NYSE: CCRD). For more information, call 770-564-8000 or visit www.corecard.com.
Media Contact: Sharon Cuppett