Qualco

DECEMBER 7, 2021

Instead, the credit management industry is left behind the curve using outdated approaches and traditional risk models that only have access to limited or inappropriate data. By contrast, it goes beyond that and acts more like a bridge between the creditor and the customer, by suggesting a way out of the crisis. The solution.

Debt Management 73

Debt Management Financial Institution Creditors Lender 73

Qualco

MAY 11, 2022

Customer segmentation, the process by which businesses divide their customers based on similar key characteristics, is a powerful tool for financial institutions. This method empowers creditors to reach their accounts receivables in a more targeted way and allocate agents to tasks that have high value for the business.

Debt Management 52

Debt Management Creditors Debt Recovery Financial Institution 52

Collection Industry News

DECEMBER 17, 2023

. “Every quarter that interest rates stay high results in more developing countries becoming distressed—and facing the difficult choice of servicing their public debts or investing in public health, education, and infrastructure. Surging interest rates have intensified debt vulnerabilities in all developing countries.

Creditors 40

Creditors Banks Education Debt Management 40

Qualco

NOVEMBER 11, 2021

The global economic turmoil over the past months has pushed the financial industry into uncharted waters. The number of customers likely to face distress constantly increases and creditors are at the crossroads. The use of Machine Learning (ML) and Artificial Intelligence (AI) is building momentum in the credit management industry.

Credit Management 52

Credit Management Lender Financial Institution Banks 52

Troutman Sanders

NOVEMBER 13, 2023

On November 6, the Bank of England, Financial Conduct Authority, and Prudential Regulation Authority issued guidance explaining how current and proposed regulatory regimes governing “e-money, stablecoins, and tokenised bank deposits” will interact, indicating that applicable financial institutions will be subject to dual or triple regulation.

Financial services 52

Financial services Manufacturing Debt Management Debtor 52

Titan Consulting

SEPTEMBER 22, 2020

State and Federal Regulations for Debt Settlement. Consumers in need of debt relief have three primary options to reduce their debt: credit counseling, debt settlement, or bankruptcy. Credit counseling requires the repayment of the debt in full. Credit counseling agencies offer debt management plans or DMPs.

Debt settlement 98

Debt settlement Bankruptcy Unsecured Debt Credit Card Debt 98

Debt RR

AUGUST 3, 2020

When a creditor or a government authority sues a business or individual for an unpaid debt, one of the options for settling is for the court to give the creditor the right to pull the funds from a bank account. This debt can include anything from credit cards to past due balances on office space. Writ of Garnishment.

Garnishment 40

Garnishment Banks Student loans Student Loans 40