Chatbots can reduce collection costs by 15%
Lenders can save time and reduce collection costs by leaning on intelligent virtual agents to provide 24-hour service to consumers. ...
Riley Wolfbauer is a journalist based in Detroit, Mich. He has a background of sports and broadcast journalism with Michigan State University where he earned his Bachelor's degree in Journalism.
Lenders can save time and reduce collection costs by leaning on intelligent virtual agents to provide 24-hour service to consumers. ...
Banks continued to tighten credit standards for auto lending amid widening spreads in the second quarter while consumer demand for...
CHICAGO — Collections agencies are using generative AI to improve internal operations and increase conversion rates, and lenders can do...
CHICAGO — Lenders should be more strategic in collecting outstanding debt as consumers find it more difficult to keep current. ...
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