According to the Department for Business & Trade, late payments, including overdue invoices, cost the UK economy nearly £11 billion per year and lead to the closure of 38 UK businesses per day – a ...

Dealing with debt issues can be overwhelming, especially if your debt has been turned over to a debt collector to deal with. When your debt slips into collections, those simple monthly bills that you ...

Think you can ignore a $50 debt without consequences? Think again. While there’s no legal minimum for collections, even tiny ...

The future of debt recovery in India lies in predictive empathy A few years ago, the word “collections” would make most borrowers cringe and most lenders sigh. It evoked images of endless calls, tense ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. In the decade since I started building my company, Financial Cloud, I’ve worked closely with ...

Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...

This investment led by IA Ventures will drive new product development, market expansion, and further January's mission to facilitate the empathetic resolution of all written off and past-due debt. NEW ...

In today’s evolving financial landscape, where institutions grapple with the challenges of collections and recoveries, a quiet revolution is underway. ClearDu, a pioneering collections fintech based ...

Southwest Recovery Services has released a guide on third-party B2B invoice recovery for mid-market businesses, drawing on 20 years of commercial debt collection experience. Addison, United States, ...

Perfios has enhanced its debt management and collections capabilities by acquiring CreditNirvana, an AI-driven platform. This strategic move will integrate AI and predictive analytics to automate the ...