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 ...

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 ...

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 ...

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

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

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 ...

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 ...