Debt collection has long been a major pain point for financial institutions, one made even more difficult by the limitations of on-premises debt collection software, which is costly to install, maintain, and upgrade.
Debt collection has long been a major pain point for financial institutions, one made even more difficult by the limitations of on-premises debt collection software, which is costly to install, maintain, and upgrade.
See how White Sands Federal Credit Union and Franklin Mint Federal Credit Union have shifted their collections strategies to better fight rising delinquencies.
COVID-19 pandemic has changed the lending landscape for FIs and it's important for them to examine the data that is available to help pivot priorities.