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 ...

Southwest Recovery Services has released a guide on third-party B2B invoice recovery for mid-market businesses, drawing on 20 years of ...

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 ...

The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...

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 ...

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 ...

Trai's move to shift debt collection calls to the 1600 series aims to curb fraud, but lenders warn it could force greater ...

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 ...