Video - Introduction to debt collection strategy solution
As commercial disruptions from the COVID-19 continue, managing impacts from the crisis is a top priority. To weather the pandemic storm, lending insti
As commercial disruptions from the COVID-19 continue, managing impacts from the crisis....
As commercial disruptions from the COVID-19 continue, managing impacts from the crisis is a top priority. Our experience working with lending institutions, both locally and globally, shows that managing quality of the loan portfolios has never been more important. To weather the pandemic storm, many institutions opt to use advanced analytics as well as predictive models to protect their solvency from the heightened default risk. The enhancements do not limit to areas like application scorecard or loan loss provisioning, but also on the debt collection process. Over the years, institutions have witnessed key challenges over their debt collection.
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