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Startup Puts Bots on Phones to Help Consumers Negotiate Debts

Account Recovery

There is yet another new startup in the industry that is using the power of artificial intelligence to help collect debts — Cambio, which is backed by Y Combinator, is leveraging AI to offer innovative solutions for both consumers and financial institutions.

Startups 130
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TrueAccord Announces Organizational Changes to Executive Leadership Team

True Accord

Bloom brings more than 20 years of marketing experience as a brand builder, entrepreneur and business leader for Fortune 500 companies and startups. TrueAccord empowers many of the estimated 77 million consumers who are in debt every year to get on a path to better financial fitness.

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Q2 Industry Insights: Beating the Economic Heat and Keeping Up with Compliance

True Accord

The biggest win: a long-awaited United States Supreme Court decision came out in May ruling that the CFPB’s funding is constitutional, leaving the Bureau free to uphold its mission of protecting consumers and ensuring that all Americans are treated fairly by banks, lenders and other financial institutions.

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38% have recently had a bill in collection. The financial industry thinks they’re sick

Collection Industry News

A new study from a novel startup shows COVID-19 is severely affecting Americans’ ability to pay bills. Yet the language the financial and collections industry uses is a touch disturbing. Sample: “Our engagement platform helps service providers and financial institutions develop positive, individualized treatment programs.”

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Meet Our 2023 FICO Decisions Awards Judges

Fico Collections

She is a top advisor to Fortune 500 companies on responsible artificial intelligence strategy and data innovation practices and serves on several boards advising startups, universities, and other non-profits. Cortnie is also the CEO and founder of AI Truth, a non-profit organization dedicated to responsible creation and use of AI.

Retail 52
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Top 5 Customer Development Posts of 2022: Digital Banking and Pricing Opti

Fico Collections

When we look at customer experience, many of the leaders are startups and digital banks who rely making this a differentiator as part of their business model. As a financial institution, you already have enough customer data 
to make subtle adjustments to your customer model that can create a better experience.

Banks 52
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Saudi Credit Bureau Delivers Access To Loans For Millions with Score

Fico Collections

This growth in Saudi financial inclusion was made possible by SIMAH’s advocacy efforts with financial institutions and a parallel education campaign with consumers. “We Financial Wellness: How Banks Can Help Their Customers. See all Posts. chevron_left Blog Home. expand_less Back To Top. Related posts. Average U.S.