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Is Your Collections Operation Ready for the Economic Recovery?

Fico Collections

At the same time, advances in open banking, data streaming, microservices and real-time, event-triggered decisions suggests that we are more capable now than ever before of effectively leveraging the data we can access. Recent engagement with two European clients helped them achieve double-digit improvements to their collections performance.

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Top 5 Debt Collection and Recovery Posts of 2021

Fico Collections

2021 saw debt collection and recovery professionals grappling with new regulations while they developed better ways to monitor and handle vulnerable customers during the pandemic. For a full-service bank, data sources can also include deposit account data – especially considering any changes in direct deposit payroll activity. .