Launching a recurring auto-debit feature Many of the loan customers for banks and NBFCs end up defaulting on their EMIs due to the auto-debit facility not being set up correctly, or failure. Such inadvertent missed repayments may hamper the credit profiles of genuine customers. On the other side of the spectrum, failed payments for lenders can quickly turn into lost…
Month: October 2022
Powering Digital, Data-driven, and Customer-centric Debt Collections in Indonesia
Experience the future of debt collections at the 11th World Finance Innovation Series Indonesia, Jakarta on October 4 – 5, 2022 Indonesia became the world’s 16th largest economy, with a GDP of more than $1 trillion in 2020. To realize its vision of becoming the 5th to 7th largest economy by 2045, Indonesia has embarked on a holistic path of…