BLOG
Discover how AML customer risk analysis can help identify potential threats using tools like IP & device fingerprinting, and transaction monitoring.
Explore effective loan recovery strategies for microfinance institutions, focusing on proactive communication and leveraging technology in debt recovery.
This blog outlines the bank loan recovery process, including RBI's guidelines to prevent borrowers' harassment and Debt Recovery Tribunal's role.
Explore effective techniques for collecting debts from customers, including automation, precise communication and flexible payment options.
Credit risk management involves loss probability due to borrower's non-payment, accentuated by global crises and digitalization.
EMV chip in credit card enhances security through encryption and unique codes, reducing potential for counterfeit fraud.
Discover common tax breaks like the Child Tax Credit and Student Loan Interest Deduction, and understand the difference between deductions and credits.
Learn how to arrange a portfolio recovery pay-to-delete and its impact on your credit report status.
Explore methods to consolidate credit card debt, like balance transfers and personal loans, to manage payments and reduce interest rates.
Debits increase assets and expenses, whereas credits increase liabilities and revenues, thus maintaining balance in accounts.
Trade credit is a financial arrangement between businesses, often used in B2B transactions as a short-term, interest-free financing option.
Use tools like 360 Cloud Accounting for accounts receivable recovery, automate reminders for late payments, and track unpaid invoices.
Discover how personalized communication and customized payment plans form an effective debt collection strategy for maintaining customer loyalty.
Manage accounts receivable risks and controls by evaluating customer's credit history, reviewing aging reports, and implementing basic controls.
Explore debt recovery methods: initial communication, diverse communication methods and potential for legal action for uncooperative debtors.
Learn why a consistent collections strategy matters, segmenting customers and customizing collection strategies for improving AR collections.
Cash collections are essential for financial stability, involving cash sales and estimated Accounts Receivable (AR) collections.
Sending someone to collections means hiring a collection agency to recover unpaid invoices. Understanding the process is crucial.
