Reading Time: 6 minutesIn the face of increasing pressures—from rising delinquency rates to evolving customer expectations—lending businesses must rethink their collections strategies.…
Reading Time: 4 minutesText-based reminders for loan repayments via SMS and emails remain crucial in borrower communication. However, customers are sometimes overwhelmed…
Reading Time: 5 minutesMicrofinance companies have always been a cornerstone for financial inclusion, serving millions of underserved people worldwide. However, in an…
Reading Time: 5 minutesDebt collection has always been a tricky business. An overly aggressive approach can shut out borrowers, while a lenient…
Reading Time: 4 minutesUnderstanding debt terminology is essential for business owners, financial institutions, and collection agencies dealing with retail borrowers. From default…
Reading Time: 10 minutesThe legal recovery segment is witnessing a significant transformation, driven by digital processes and automation. As the future of…
Reading Time: 5 minutesAs the financial landscape continues to evolve, the role of Generative AI in customer communication is transforming how institutions…
Reading Time: 4 minutesFor lenders, investing time and resources in issuing new loans is only half the battle. The real challenge? Ensuring…
Reading Time: 4 minutesThe financial services landscape is experiencing a dramatic transformation through Open Banking APIs. These digital innovations revolutionize loan servicing…
Reading Time: 6 minutesAI is changing how banks and other financial services companies work, but not in the way you might think.…