By Anshuman Panwar
Sending emails or text messages, or hosting a digital payment gateway, does not add up to a truly intelligent digital collections strategy. It is time for the debt collections industry to go beyond digital by offering customers an intelligent personalised experience with a full range of access points and options to resolve debt on their terms. Changing customer expectations and regulatory mandates are forcing lenders to take a holistic approach. Here are the factors driving this change:
Personalisation for a unique experience Personalised consumer experience today is ubiquitous and consumers expect relevant communication. It drives consumer expectations higher and compels lenders to use AI algorithms that respond to
Read more on financialexpress.com