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 ...

The global debt collection market is rapidly evolving towards AI-driven systems, moving from manual processes to intelligent, empathetic engagement. These advanced platforms analyze borrower behavior, ...

In today’s evolving financial landscape, where institutions grapple with the challenges of collections and recoveries, a quiet revolution is underway. ClearDu, a pioneering collections fintech based ...

Most business owners who invoice customers for goods or services will encounter the occasional late payment. However, if a customer’s invoice due date has come and gone and you can’t get a firm answer ...

Puerto Rico will move forward with restructuring its debt through the courts following a failure to strike a deal with creditors. The bankruptcy-like process is the biggest public debt restructuring ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. U.S. businesses sold more than $2 trillion in goods to buyers across the globe in 2022, with ...

Southwest Recovery Services (866-598-1354) expands its collection solutions for Tampa businesses, offering custom invoice ...

India’s debt recovery ecosystem is at a turning point, where compliance, technology, and empathy must now work hand in hand. According to Mayank Khera, Co-founder and COO of Credgenics, the future of ...

A councillor has called for more education on Renfrewshire Council’s process for writing off irrecoverable debt as it prepares to wipe out approximately £550,000. The step has been authorised after ...