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 ...

Effective debt recovery is not a private and aggressive act but a critical component of public economic infrastructure. It is ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While debt management plans are often confused with other types of debt ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Financial health is crucial to your overall well-being, yet ...

When a debt collector reaches out, it can be unsettling, even if you knew that you'd defaulted on your obligations and were expecting the call. Between the pressure to pay, the perceived urgency of ...

Firms, governments and people have racked up debt in the pandemic — and many infrastructure sectors are hard hit, too. Debt needs to be well-managed for a solid recovery supported by private financing ...

Digital debt collection Fintech TrueAccord is focused on redefining the industry by harnessing Robotic Process Automation (RPA) bots. This digital technology streamlines operations while also ...

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 ...

Estimated recovery value (ERV) is the projected value of an asset that can be recovered in the event of liquidation or winding down.

Loan recovery processes are crucial for lenders and borrowers, to ensure financial stability. Effective communication and negotiation are key to collecting overdue payments, particularly for unsecured ...