artificial-intelligence-is-driving-the-future-of-debt-collection 
Taurus Collect
APRIL 18, 2023
DebtCo & Taurus announce strategic debt collection partnership The world of debt collection has long been plagued by inefficiencies and outdated practices. By combining years of experience and innovative techniques, Taurus Collections has established itself as a market leader in the UK’s debt collection sector.
True Accord
JULY 7, 2022
Debt recovery and collection look quite different in 2022 than it did ten, five, even just a year ago: new channels to reach consumers, larger data sets to analyze, complex regulations that can vary state by state, and so much more. Decoding Machine Learning for Debt Collection and Recovery.
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True Accord
JANUARY 10, 2024
If you’re a creditor or collector working with financially distressed borrowers, considering consumer situations against the economic landscape and accommodating their financial needs and preferences when collecting is critical to your success. What’s Impacting Consumers and the Industry? Headline PCE fell 0.1% in November and was up only 2.6%
Katabat
DECEMBER 9, 2019
One group spoke about ways to leverage the proposed CFPB rule changes to their advantage, while the second tackled the role played by the likes of Snapchat, Instagram and Venmo in driving the digital payment revolution. The big takeaway from the event was no surprise – the debt collection industry is expecting significant growth and change.
Re:Ceeve
JUNE 2, 2020
In today’s world where consumerism is rife and ‘buy now, pay later’ plans are an integral part of most transactions, an enterprise’s approach towards debt collection is essential in maintaining relationships, safeguarding the average lifetime value (LTV) of a customer and sustaining financial health.
On Guard
JULY 19, 2021
Maintaining reliable and efficient cash collection is therefore crucial as time and resources are increasingly spent on manually chasing debts and deciphering the best solution for customers with cashflow issues. But transforming the order-to-cash process in isolation is not enough. Cash processes via the cloud.
Fico Collections
JANUARY 11, 2023
From diversity in AI to the film Highlander to transformative banking experiences, these decision management topics pointed the way to the future. Data scientists are a new breed of analytical experts, responsible for collecting, analysing, and interpreting extremely large amounts of data. Saxon Shirley. Wed, 05/25/2022 - 03:43.
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