The Consumer Financial Protection Bureau said Friday it has ordered medical debt collector Commonwealth Financial Systems of Dickson City, Pa., to cease operations and pay a $95,000 penalty for ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. We have completed 99 % of the process of setting debt to zero for ...

Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher levels of regulatory compliance and maximizing scalability, writes Ohad Samet, ...

Social Security benefits are a crucial lifeline for many retirees and disabled Americans. These payments provide essential income for the millions of people who depend on them to cover basic living ...

This dissertation was a quasi-experimental research study exploring the relationship between long-term to debt capitalization ratio and financial performance in an environment where interest rates ...

Banks are eager to modernise with AI and other new technologies, but outdated legacy systems and technical debt are holding them back. These issues make operations fragile, increase the risk of errors ...

Dean Kaplan is President of The Kaplan Group. He writes about business debt collection, contract negotiations and provides financial advice. Businesses in every sector are moving processes that were ...

DROS (Debt Resolution Operating System) was built for collection agencies, debt buyers, and recovery teams that need a unified way to manage debtor engagement, account context, and operational ...