Debt collection is changing fast. AI-powered systems are replacing traditional call centers, operating 24/7 to recover debts while maintaining customer satisfaction. For banks, fintechs, and ...

Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...

Equabli Inc. has raised $3.35 million of additional capital in a funding round led by Social Leverage. Other investors include BankTech Ventures and Cross River Digital Ventures. Equabli is a debt ...

According to the Department for Business & Trade, late payments, including overdue invoices, cost the UK economy nearly £11 billion per year and lead to the closure of 38 UK businesses per day – a ...

The debt collection industry was estimated to be in excess of $13.4B in 2021 with over 7,000 collection agencies. With such fragmentation in the industry, practices by collectors vary widely and the ...

L-R Gafar Iyowu COO and Peace Obule CEO, DebtRecuva DebtRecuva, a technology-driven debt recovery firm, has officially opened its new headquarters in Nigeria's commercial capital, Lagos. The company ...