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Enabling Best Practices in Collections Processing at Navy Federal Credit Union and Regions Bank: A Tale of Two Systems

Published by: IDC

Published: Mar. 28, 2007 - 14 Pages


Table of Contents



Table of Contents

Financial Insights Opinion

In This Report

Brief Description of the Solution

Figure: Consumer Credit Processing Segments

Situation Overview

The Approach: Navy Federal Credit Union

Business Drivers

Selecting the Solution

Solution Description

Figure: CGI's CACS Schematic

Implementing the Solution

Figure: Timeline for NFCU's CACS Implementation

Business Value

Next Steps

The Approach: Regions Bank

Business Drivers

Selecting the Solution

Solution Description

Figure: Fair Isaac's Debt Manager Collector Desktop Screen

Implementing the Solution

Figure: Timeline for Regions Bank's Debt Manager Implementation

Business Value

Next Steps

Future Outlook

Two Plus One Makes Three

Figure: Depiction of New Consumer Loan Portfolio Management Solution from Fidelity

Essential Guidance

Actions for Financial Institutions

Actions for Vendors

Learn More

Related Research

Synopsis

Abstract

This document is about Enabling Best Practices in Collections Processing at Navy Federal Credit Union and Regions Bank: A Tale of Two Systems

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