Today’s Debt Collectors Using Big Data Targeting


With the help of risk management software like Framework from Malvern software maker Akcelerant, financial institutions are turning from bouncer-like debt collectors to tech-savvy geeks.

“They are experts at using big data and predictive models to determine scientifically where collection efforts will be most productive,” Akcelerant Chief Business Development Officer Eric Snyder said in a Credit Union Management Magazine article that highlighted the company and one of its customers as industry-leading innovators.

Akcelerant’s Framework collection software is aimed at “reducing delinquency, increasing collections on charged-off loans and streamlining processes like bankruptcy, foreclosure, repossession and fraud tracking,” according to the company website.

Read more about the modern-day debt collector, including the testimonial from Akcelerant customer Arizona Federal Credit Union, in Credit Union Management Magazine here.
Top photo credit: Tom Raftery via photopin cc

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