Search Results for: debt collection

Australian-Founded Fintech Transforming Debt Collection in the USA Secures US$40M
Finance Fintech News

Australian-Founded Fintech Transforming Debt Collection in the USA Secures US$40M

Business Wire
by Business Wire0
Global debt collection fintech, InDebted, today announced the completion of its US$40 million Series C capital raise, valuing the company at greater than US$250 million. InDebted provides future-thinking organizations with a better alternative to traditional debt collection agencies. By using technology such as machine learning to personalize every collections journey,......
Secure Trust Bank Partners with EXUS for Debt Collections and Recovery Technology
Banking debt collection News

Secure Trust Bank Partners with EXUS for Debt Collections and Recovery Technology

Business Wire
by Business Wire0
Secure Trust Bank (STB), an award-winning UK retail bank, has selected EXUS Software UK, the global leader in debt collections and recovery technology, to optimise its collections operations, through a data driven, zero customisations approach. EXUS’ long-term experience from working with banking and finance institutions across 4 continents, coupled with......
Finvi Adds Payment Processing to Katabat Debt Collection Platform
debt collection Digital Payments News

Finvi Adds Payment Processing to Katabat Debt Collection Platform

Fintech News Desk
by Fintech News Desk0
Addition of Finvi Payments completes Katabat offering to make it an all-in-one workflow and payments solution. Finvi, a leading provider of enterprise workflow automation software built to accelerate revenue recovery and simplify the payments process, recently launched a new integration between its payments platform and Katabat workflow software. With the addition......
Sila Offers Customers Digital Debt Collection Services Through New TrueAccord Partnership
Fintech News

Sila Offers Customers Digital Debt Collection Services Through New TrueAccord Partnership

Fintech News Desk
by Fintech News Desk0
Sila Inc., a fintech software platform that provides payment infrastructure as a service,  announced that it partnered with TrueAccord, the leading debt collection company offering intelligent, digital-first collection and recovery solutions, to make it easier for Sila’s customers to use TrueAccord’s products and services. Dealing with delinquent and defaulted accounts......
CFPB Issues Bulletin on ‘No Surprises Act’ to Stop Unlawful Medical Debt Collection
Consumer protection laws Credit Bureaus debt collection Featured News Risk Management

CFPB Issues Bulletin on ‘No Surprises Act’ to Stop Unlawful Medical Debt Collection

Sudipto Ghosh
by Sudipto Ghosh0
Thanks to Consumer Financial Protection Bureau (CFPB), consumers availing of emergency medical services will get more protection from debt collection and credit bureaus. Last week, the CFPB released a bulletin related to the No Surprises Act. This step was taken to create awareness among debt collection agents and credit bureaus......
How Debt Collection Practices would Change Once "Regulation F" Takes Effect from November 30, 2021
Business Economy Featured Finance Mortgage News

How Debt Collection Practices would Change Once “Regulation F” Takes Effect from November 30, 2021

Sudipto Ghosh
by Sudipto Ghosh0
COVID-19 pandemic may have slowed down the consumer finances market and thus disrupted the whole of US-based debt collection practices. In order to regulate the debt collection practices across the US, the Consumer Financial Protection Bureau launched a massive drive back in 2019. What is Regulation F The debt collection......
FIntegrate and Solutions By Text Provide Text Communications and Payments for Debt Collections to Financial Institutions
Finance Fintech News

FIntegrate and Solutions By Text Provide Text Communications and Payments for Debt Collections to Financial Institutions

Fintech News Desk
by Fintech News Desk0
FIntegrate announces integration of Solutions By Text technology with its collections and recovery solution for financial institutions to provide fast, automated, convenient customer communication and payment via text FIntegrate Technology (FIntegrate) announced a strategic partnership with Solutions By Text to extend the full advantages of SMS communications, payments and compliance to financial institutions......
Can Artificial Intelligence Improve the Debt Collection Process?
Artificial Intelligence Business Featured Fintech

Can Artificial Intelligence Improve the Debt Collection Process?

Paroma Sen
by Paroma Sen0
Artificial intelligence has rewritten the basics of every financial service, from retail banking to business lending, Artificial intelligence in fintech is now more than just an exciting concept; how is this technology revamping today’s debt collection process though? Moreover, are financial institutions capitalizing on their debt lending process with AI......
Artificial Intelligence

More Than 50% of Debt Collection Agencies Thrived Under COVID-19

Fintech News Desk
by Fintech News Desk0
Over half the collection agencies surveyed not only thrived during the pandemic, but actually outperformed their pre-pandemic metrics in a nationwide survey conducted by Prodigal Technologies, Inc. Prodigal, a debt collection AI software company, surveyed accounts receivable management (ARM) agencies about the impact of the coronavirus pandemic on their collections......
Neustar Launches SmartTrace as Intelligent Skip Trace Alternative for Debt Collections
Fintech News Risk Management

Neustar Launches SmartTrace as Intelligent Skip Trace Alternative for Debt Collections

Fintech News Desk
by Fintech News Desk0
New service identifies and prioritizes the right numbers to call for greater operational efficiency and right-party contact rates Neustar Inc., a global information services and technology company and leader in identity resolution, has launched SmartTrace, a service that improves traditional skip tracing efforts used by first and third party collections agencies to......
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