Best practices for financial institutions to prepare for the impacts of a recession. It includes tips for modernizing collections technology to reduce charge-offs, managing risk with data, optimizing the bank customer experience, and more.
For banks and financial institutions, rising consumer loan delinquency rates and loan charge-offs are putting debt recovery technology in the spotlight.
In the shadow of rising delinquency rates, financial institutions are strategically investing to minimize losses and ensure the health of their portfolios.
Collections & Recovery Faces a New Normal You have heard it so often recently that it sounds cliché – we are living in unprecedented times....
As the world came to grips with the growing pandemic earlier this year, consumers in the United States were wrestling with more than just the...
Student loans represent a tremendous amount of debt in the United States. As of February 2020, total student loan debt stood at $1.59 trillion,...
The financial landscape is changing rapidly, and “auto loans are emerging as one of the hardest-hit categories of credit amid the coronavirus...
Increase Recovery Rates Automate your collections process and standardize your operations across the enterprise. Our flexible, easily integrated...