Remove capabilities
article thumbnail

Visma | Onguard continues to grow during period of uncertainty

On Guard

The fintech leaders have also started the new year strong with the recently announced acquisition of Dutch scale-up, Outstanding24, adding an innovative cloud solution for efficiently organising debtor management for SMEs to its portfolio. The last six months have also marked a period of strategic appointments within Visma | Onguard.

article thumbnail

The ever-expanding role of big data

On Guard

So developments in new technologies and data acquisition and storage are moving fast. But by combining lots of (un)structured data from different sources, it is possible to use the data as a basis for informed decisions and predicting customer or debtor behaviour. Predictive: the second dimension is predictive capability.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The ever-expanding role of big data

On Guard

So developments in new technologies and data acquisition and storage are moving fast. But by combining lots of (un)structured data from different sources, it is possible to use the data as a basis for informed decisions and predicting customer or debtor behaviour. Predictive: the second dimension is predictive capability.

article thumbnail

3 Key Challenges in Addressing Non-Performing Loans (NPLs)

Re:Ceeve

For example, if a customer is suffering from financial hardship and their account falls into arrears, current banking collection processes simply don’t have the capability to pivot. According to Invesp , 44% of organisations place a greater emphasis on customer acquisition versus 18% who focus on retention.

Loans 78
article thumbnail

State of the Collections Industry in 2021

The Kaplan Group

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. This varied toolbox includes more automated strategies, such as the use of a predictive dialer, IVR capabilities and speech analytics. That’s a 2.5%

article thumbnail

Continuous Change: 4 Lifelines

Receivables Control

Throw turnover, leadership changes, and mergers and acquisitions into the mix and you have the recipe for a fast-paced career! Most debtors respond positively with payment and those that don’t communicate why they are late. There is never a dull moment! The Downside of Change. All this change adds stress.

article thumbnail

5 Ways Subscription Fraud Attacks Telcos - and How to Fight Back

Fico Collections

Fraud masquerades as bad debt There exists in the telecom fraud world a sort of purgatory where fraudsters disguise themselves as bad debtors. FICO Platform enables unparalleled data access, import, format and deployment capabilities to apply the right data to each decision, even when that data resides in disparate systems.