Phone calls and letters are still going strong in debt collections, but outreach via digital channels such as text and emails is gradually creeping up. So is the use of artificial intelligence and ...

As inflation cools and businesses on both sides of the Pacific take stock of the economic damage, a quiet but significan ...

HES FinTech launched HES Collection Agent, an AI platform automating end-to-end collections with scoring, outreach, and ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

With tax filing deadlines approaching, companies nationwide are reassessing unpaid invoices to improve financial ...

Debt collection is changing fast. AI-powered systems are replacing traditional call centers, operating 24/7 to recover debts while maintaining customer satisfaction. For banks, fintechs, and ...

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 ...

If you've fallen behind on a $5,000 debt and a collection agency is hounding you for payments, you might be worried about what happens next. Owing a few thousand dollars to a debt collector can put ...

Think your dental office can send unpaid bills to collections whenever you want? Not quite. There's a specific 90-180 day window that maximizes recovery while staying legally compliant—and recent ...

MILAN, Feb 23 (Reuters) - Shares in Italian debt recovery company doValue DOVA.MI fell early on Friday after it reported a 19 million euro ($20.57 million) net loss for 2023, hit by a 10% drop in ...

WEST CHESTER, Pa., April 20, 2017 /PRNewswire/ -- Enterprise Recovery LLC, an accounts receivable solution for corporate and commercial debt collections, is pleased to announce the release of a secure ...