Automating Your Debt Collection Agency Management Can Eliminate Major Headaches

agency management

Many lenders and other organizations with substantive delinquency and recovery portfolios have chosen to outsource their debt collections efforts to third-party debt collection agencies (DCAs).  These relationships are normally managed manually, often from an Excel spreadsheet. Not surprisingly, this approach can be a nightmare in cases where the client uses dozens of debt collection agencies … Read more

Katabat Releases Data-Driven Debt Collections Platform Powered by Machine Learning

digital debt collections

We are proud to announce the release of Katabat Engage, a new machine learning-powered product that delivers automated digital collections to our clients and the broader marketplace. Katabat Engage helps lenders collect more through a platform of personalized, digital communications tailored to customer preferences. Powered by a proprietary machine learning platform, Engage enables lenders to … Read more

Juggling Language, Currency, and Regulatory Inconsistencies in EU Debt Collection Efforts

digital debt collection

Lenders who operate across the European Union (EU) must juggle a range of regulatory requirements regarding their debt-collection strategies and processes. And oftentimes lenders must be able to react quickly to new regulatory requirements.  For example, some EU countries limit how many times debt collectors can contact individuals each month about their past-due accounts. Others … Read more