Katabat Launches Machine Learning-Powered Debt Collections Software

Katabat Launches Machine Learning-Powered Debt Collections Software WILMINGTON, DE, Oct. 25, 2018 – Global software provider Katabat has released Katabat Engage, which delivers data-driven debt collections powered by machine learning to consumer lenders. Katabat Engage helps lenders collect more dollars through a platform of personalized, digital communications tailored to customer preferences.  Powered by a proprietary … Read more

5 Ways Lenders Can Be Ready When(ever) the Next Recession Hits

A recession is coming next year. A recession is coming this fall. Nobody knows exactly when a recession will happen, but most economists agree that one is likely on the horizon. Public- and private-sector debt levels are high, many experts believe that assets are currently overvalued, and wage pressure is expected to continue to rise. … Read more

Katabat Scores in Top 1% in Google Kaggle Machine Learning Competition

Katabat finished 22ndout of a record 7,198 teams in a Google Kaggle competition hosted by Home Credit, a global loan provider targeting underserved populations. While Home Credit uses various machine learning methods to predict potential clients’ repayment capabilities, they invited Kagglers to apply their own methods in an effort to unlock the full potential of … Read more

Ray Peloso Featured in Thrive Global Article Discussing Machine Learning and Banking Trends

Katabat’s CEO Ray Peloso was recently featured in a Thrive Global article and video interview about how machine learning can improve the customer journey. In addition to covering some personal tidbits about Ray’s background, success tips, and how to help others thrive, the Ariana Huffington media outlet asked Ray to share the top 5 fintech and … Read more

The Scoop on Katabat Artificial Intelligence

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These days, artificial intelligence (AI) is such a buzzword that it is hard to promote an AI solution without sounding like you are selling snake oil. A lot of people have read or heard about AI, and very likely formed their own opinions about what AI is and what AI can and will do based … Read more

Artificial Intelligence Problems and Promise

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This is the second post in a three-part series by Katabat’s CTO, Ye Zhang. Be sure to read the other entries here and here.  If you believe Hollywood and the papers, the two major fears about artificial intelligence (AI) are: “AI will put me out of a job!” and “The robots will kill us all!” … Read more

Play-Based Learning

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Who doesn’t enjoy a good challenge? Katabat CTO Ye Zhang decided to give his artificial intelligence team the opportunity to flex their muscles in a Google Kaggle competition in December. “We are not the ones who invented machine learning (ML),” Ye recognized. “However, we have unique advantages when it comes to applying natural language processing … Read more

The Hunt for Efficiency

I am obsessed with automation. My friends know that I am a smart home enthusiast. I enjoy setting up every aspect of my environment for ideal comfort and safety—pressing the start button or saying the command words and watching it go. Smart homes aren’t popular with everyone, perhaps because it seems lazy to rely on … Read more