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Responsible AI: Are European Firms Ready for the Regulators?

Fico Collections

Despite AI's widely recognised value, there has been growing evidence of discrimination from the use of black box AI applications, where imputed identity-related relationships created proxies for gender and ethnicity. Up to 27% of organisations in this sector haven’t even started defining their ethical and responsible AI capabilities yet.

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State of the Collections Industry in 2021

The Kaplan Group

Businesses are still reeling from the impact of pandemic related lockdowns and restrictions. While much of the decline is due to mergers and acquisitions, the majority of firms that simply closed were small, local firms or larger agencies with heavy overhead. Spending, and related debt, has declined.

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European Fraud Predictions 2021: 5 Top Trends – with a Twist

Fico Collections

Here’s the fraud-trend twist: In 2020, Authorized Push Payment (APP) scams are expected to eclipse card fraud in the UK for the first time , fueled by niche schemes related to the pandemic. Prediction 3: The UK Government Will Aggressively Prosecute Bounce Back Loan Fraud.

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The Role of Data in Managing Fraud and Financial Crime Today

Fico Collections

I elaborated on how the explosion of remote channels, digital onboarding and the like ushered in a tremendous set of additional incoming data that needed to be dealt with, in terms of format and other ingestion-related issues. Unified policies and procedures, and shared governance structures, present the next level of integration.

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Department Of Education Moves To Make Owners, Investors, And Controlling Parties Responsible For College And University Liabilities

Collection Industry News

Organizations contemplating an investment or acquisition in private higher education also will want to consider this development carefully. in the absence of continued pandemic-related aid. Historically, the PPA has been signed by an authorized representative of the institution. score below 1.5 since its last certification (initial or.

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Don’t Miss These 10 Dividend Stocks That Pay Monthly Dividends

Credit Corp

This means that the properties are viable for many different tenants, including government services, healthcare services, and entertainment. Related read: Top 15 Dividend Aristocrats for Long Term Dividend Growth. The BDC has the capability to invest in both debt and equity. The company has generated steady growth for decades.

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Lending Predictions 2022: From BNPL to ESG (and More)

Fico Collections

Many journeys (both acquisition and servicing) are now well-established in the digital channel and customers have adopted them at an accelerated rate out of necessity during lockdowns. This insight combined with an omni-channel communication capability will increasingly be the infrastructure that institutions move towards.