With tax filing deadlines approaching, companies nationwide are reassessing unpaid invoices to improve financial ...

As inflation cools and businesses on both sides of the Pacific take stock of the economic damage, a quiet but significan ...

Phone calls and letters are still going strong in debt collections, but outreach via digital channels such as text and emails is gradually creeping up. So is the use of artificial intelligence and ...

New benchmark identifies a widening gap between ambition and maturity as poor integration caps performance and scalability - ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

Debt collection is changing fast. AI-powered systems are replacing traditional call centers, operating 24/7 to recover debts while maintaining customer satisfaction. For banks, fintechs, and ...

Financial institutions use artificial intelligence (AI) and machine learning (ML) models to reshape debt recovery. Although you probably haven’t noticed any changes yet — these technologies are ...

DPDzero is building an AI-powered collections platform to help lenders to avoid mounting of NPA at a lower cost, cutting out ...

Think you can ignore a $50 debt without consequences? Think again. While there’s no legal minimum for collections, even tiny unpaid amounts can haunt your credit score—and the threshold that triggers ...

MILAN, Feb 23 (Reuters) - Shares in Italian debt recovery company doValue DOVA.MI fell early on Friday after it reported a 19 million euro ($20.57 million) net loss for 2023, hit by a 10% drop in ...

If you've fallen behind on a $5,000 debt and a collection agency is hounding you for payments, you might be worried about what happens next. Owing a few thousand dollars to a debt collector can put ...