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 ...

When most people think of debt collection, they picture aggressive phone calls, shady tactics, and a cold process that leaves ...

Both Equifax and TransUnion recently rolled out new solutions aimed at helping collection agents get better estimations of potential recovery amounts from delinquent debtors. Both companies launched ...

He said the new debt recovery process was there to "ensure that no debts to the taxpayer are unnecessarily written off", with the main focus on "outstanding private patient and Emergency Department ...