The Pillars
Jan. 30, 2015

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Commercial Collection Agencies of America
Commercial Collection Agencies of America will proudly exhibit at the NACM's 119th Credit Congress and Expo starting Sunday, May 17, 2015 at America's Center in St. Louis, Missouri.

When attending the event, please make sure to stop by the booth to learn which agencies in the United States are the leaders in the commercial collection industry.

In between your educational sessions and other networking functions, visit with the staff of Commercial Collection Agencies of America to learn about the superior certification which ALL agency members maintain. The certification program requirements provide for the strongest, most viable agencies across the nation to offer the highest level of professional service to the business credit community.

A listing of members will be available, along with valuable educational materials that you can share with your credit and collection departments.

We look forward to meeting and talking with you about the importance of using agencies certified by Commercial Collection Agencies of America.More

Spotting risks and opportunities with credit scoring
Credit Today
High risks are a daily fact of life for this credit management veteran. But, then again, so are promising opportunities. So spotting both are crucial for him. And he's found credit scoring a powerful tool for meeting those responsibilities. Learn what tools this veteran credit exec uses and how they help him cut losses, aid their sales efforts and find the right risks to take.More

Minnesota bill to define debt buyers collectors for regulatory purposes
A bill introduced in the Minnesota Senate would explicitly add to the definition of "collection agency" and "collector" language that includes debt buyers. This would force debt buyers to get licensed as collectors in the state. Senate Bill 227, introduced by two senators, states its official purpose as "expanding the definition of collection agency and collector to include debt buyers for regulatory purposes."More

Should Congress reauthorize the Export-Import Bank?
The Wall Street Journal
Over the past few months, one of the most heated debates in small-business politics has centered on the fate of a federal agency: the Export-Import Bank of the United States. At issue is whether Congress should reauthorize the bank when its current authorization expires in June. The bank's mission, it says, is to support U.S. jobs by making it easier for domestic firms to sell abroad. More

Russia to retaliate if banks given SWIFT kick
Russia plans to retaliate if its banks are banned from the international banking system's standard line of communication. Whether it's official paranoia or a real possibility, Russia is convinced the West is out to get them. After last year's sanctions, the next move might be limiting banks from sending and receiving messages through the Society for Worldwide Interbank Financial Telecommunications, known as SWIFT. More

SkyMall catalog lands in bankruptcy
It's a sad day for shoppers who love Sasquatch statues and electric slippers. The SkyMall catalog, a dog-eared best friend to bored and lonely fliers for 25 years, has filed for bankruptcy. The seatback mainstay may have suffered a steep decline as airlines began loosening the rules that allow fliers to use electronics, according to court documents. More

How to make a great first impression on new employees
By Mel Kleiman
Does your company have an new-hire orientation program? Does your department? Have you reviewed it for content and effectiveness? If you're not in charge of orientation, drop in on what goes on there. There are lots of good reasons why you should. First impressions are lasting and, because of this, the key to employee retention is new-employee orientation. A new hire will never be more enthusiastic, hopeful and energetic than during the first few days on the job.More

12 ways great leaders are different than the rest of us
If you're looking to become a great leader, you must start from the qualities that make you different from the rest. How many of these do you already model? How many have you yet to acquire? If you want to be great, start with the following.More

Caesars debates creditors over choice of bankruptcy court
The Wall Street Journal
Creditors of Caesars Entertainment Corp.'s largest unit lined up this week to challenge the gambling company's bid to work through its $18.4 billion debt load in a bankruptcy court in Chicago. Senior bondholders that are owed billions support the big casino operator's restructuring and its choice of a Chicago court; other creditors do not.More