Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher levels of regulatory compliance and maximizing scalability, writes Ohad Samet, ...

The filing is part of a much bigger bankruptcy.

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 ...

But debt forgiveness is commonly associated with seriously delinquent accounts, which can make the process confusing for borrowers who are struggling but still current on their payments. For example, ...

Financial distress can cause someone to get behind on their bills. Being late by a month or two can result in late fees and other penalties. But when a debt has gone between 90 and 180 days past ...

Australian AI start-up OpenDebt has completed a AUD$2 million pre-seed funding round with the backing of Australia’s largest ...

Medical debt negotiation involves working directly with a healthcare provider or collections agency to reduce your bill, often through a lump-sum settlement or a structured payment plan. If you feel ...

An AI that mimics an Australian accent is now doing the debt collecting job humans refused to take, backed by ... Read More The post Ex-Westpac banker raises $2m for AI debt collection start-up ...