Remove Collections Remove Credit Management Remove Financial services
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Enhancing Credit Management with Automation and Real-Time Data

Qualco

With the integration of advanced Αnalytics and Machine Learning into operational systems, credit processes can be streamlined, empowering people to do a lot more, by improving decision making, portfolio management and customer experience. It enables a more empathetic approach by offering tailored solutions to vulnerable customers.

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New California Regulator Launches Investigation Into Collection Industry; Subpoenas 12 Companies

Account Recovery

The California Department of Financial Protection and Innovation (DFPI) came out swinging yesterday with its first major action, issuing subpoenas to a dozen companies in the accounts receivable management industry, investigating consumer complaints about alleged unlawful, unfair, deceptive, or abusive collection practices.

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The importance of Debt Collections and Debt Collectors

CICM

In this blog, we will look at what Debt Collections is and why it is so important. This debt could be unpaid bills or invoices for goods and services, repayment of a financial service or money loan, or overdue sums for a range of obligations such as fines, taxes and rent. This is where Debt Collections comes in.

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Continuous Financial Education for Women Small Business Owners

Fico Collections

During the panel itself, we discussed a range of topics, including the importance of understanding how FICO Scores work, and the difference between personal and business financial credit – specifically for small businesses. Your personal credit and financial history matters. Financial Inclusion Using Analytics.

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Introduction to an ML-Powered Debt Management Approach

Qualco

Instead, the credit management industry is left behind the curve using outdated approaches and traditional risk models that only have access to limited or inappropriate data. All those requirements can be addressed with ML, which has started to modernise the whole debt collections lifecycle. The problem. The solution.

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CSA wins Excellence in Training Award for String of Learning and Development Achievements

CSA

The Credit Services Association (CSA), the voice of the UK debt collection and debt purchase sectors, has won the Excellence in Training Award at the 2019 Collections and Customer Service Awards. training provider in Compliance and Risk and Credit Control and Collections,? she says. ?The

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District Court Expands on Pantoja, Finds Collection Letter on Stale Debt to Violate FDCPA for Failure to Include Revival Warning

Consumer Financial Services Law

2017) regarding revival warnings in collections letters on time-barred debt. Midland Credit Management, Inc. The ruling resulted in summary judgment as to liability for a certified class of plaintiffs due to a collection agency failing to include a warning that payment could revive the statute of limitations on time barred debt.