Enterprise Recovery

JANUARY 22, 2025

Understanding the differences between business and consumer debt collections can profoundly influence your approach to developing an effective recovery strategy. This knowledge allows you to tailor your methods to suit the specific type of debt you are dealing with, ensuring that you employ the most appropriate techniques and adhere to relevant regulations.

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Account Recovery

JANUARY 22, 2025

Truecaller, a leading global communications platform, has announced a significant update for iPhone users, bringing its full range of spam and scam blocking features to Apple’s mobile operating system. With the new update, Truecaller now offers real-time caller identification, bringing iPhone users in line with their Android counterparts for the first time.

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The Kaplan Group

JANUARY 22, 2025

The relationship between revenue quality and collection efficiency has become increasingly critical for sustainable growth. A new analysis by The Kaplan Group of eight leading SaaS companies reveals significant variations in how companies balance high-value revenue streams with effective collection practices, offering insights into optimal strategies for financial success.

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Account Recovery

JANUARY 22, 2025

Consumers are turning increasingly pessimistic about the state and future of the economy and are making adjustments, like pulling back on making big purchases. One silver lining for the credit and collection industry is that it appears consumers are going to be more focused on paying down their debt levels, according to data released yesterday by WalletHub.

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Financial Institution Collections 130

Speaker: Anna Tiomina, MBA

AI is reshaping industries, yet finance remains one of the slowest adopters. Concerns over compliance, legacy systems, and data silos have made finance teams hesitant to embrace AI-driven transformation. But delaying adoption isn’t just about efficiency—it’s about staying competitive in a rapidly evolving landscape. How can finance leaders overcome these challenges and start leveraging AI effectively?

Consumer Finance

JANUARY 22, 2025

The CFPB published a report showing that the rate of auto repossessions at the end of 2022 surpassed pre-pandemic levels.

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Prosperity Now

JANUARY 22, 2025

Housing affordability isn't just an economic issueit also shapes families, communities, and long-term financial strength.

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Collection Industry News

JANUARY 22, 2025

When it comes tofinancial resolutionsfor 2025, theres one goal that often lands on the top of the list paying down debt, according to a new survey from Bankrate. Thats as a majority of Americans 89% say they have a main financial goal for 2025, the Novembersurveyof almost 2,500 adults found. Whilepaying down debtcame in as a top goal, with 21%, other items on Americans financial to-do lists include saving more for emergencies, with 12%; getting a higher paying job or additional source of inco

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Credit Card Debt Debtor Personal loans Loans 40

Account Recovery

JANUARY 22, 2025

Assessing the Legacy of the Biden Administration on the Credit and Collection Industry Consumer Sentiment Declines as Economic Outlook Dims, But More Consumers Excited to Pay Down Debt Truecaller Rolls Out Major Update for iPhone, Enhancing Spam and Scam Blocking 22 Companies Seeking Collection Talent WORTH NOTING: Photos from the rare winter storm that blanketed the South with snow yesterday … Eating oatmeal may help you live longer, according to a new study … How Spotify shapes wha

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Account Recovery

JANUARY 22, 2025

A new era has begun in Washington, D.C., with the inauguration of President Trump, who replaced President Joe Biden. A new president and a new Congress provides a good opportunity to look back on the past four years and assess the legacy and impact of the Biden administration on the credit and collection industry. AccountsRecovery asked a number of industry professionals to share their thoughts on how the Biden administration impacted collections.

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Collections Financial services Accounts Receivables Management Student loans 243

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.