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Payments Journal:

Optimizing Debt Collection
at Financial Institutions

A recent PaymentsJournal article examines the critical role of technology in maximizing recovery, reducing charge-offs, ensuring compliance, and maintaining a balanced portfolio.

Brian Riley, Co-Head of Payments Research at Mercator Advisory Group, emphasizes the importance of taking a risk-based operational approach by deploying intuitive, scalable technology to optimize the collections and debt recovery process.

For financial institutions, rising delinquency rates and record-high credit card debt are harbingers of a changing economic landscape. Read the full article for strategies to manage risk and minimize losses using technology.

ADDITIONAL TOPICS INCLUDE:

 

  • Post-pandemic credit trends
  • Effective risk modeling
  • Collections team staffing
  • And more
Payment Journal Article

Collections & Recovery Platform

Take An In-Depth Look

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Zoot vs Feedzai

Make The Right ChoiceZoot vs FeedzaiSelecting a partner for growth can be the difference between staying ahead of your competition or...

PEGA vs Zoot, Make the Right Choice?
Zoot vs Pega

Zoot vs Pega

Optimize operations with Zoot's scalable decision management, outperforming PEGA with powerful business rules, seamless integration, and deep industry expertise for tailored solutions.

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