Event Summaries+

EVENT SUMMARY+ ¦ Credit and Collections Technology Think Tank 2024

2024 Collections Benchamarking An interesting dicussion that the Credit and Collections Technology Think Tank for 2024. Certainly some bit themes around data, transparency of process and honesty in communication, all to build trust with customers over the longer term. Regulation and regulatory compliance was a big topic, reflecting the volume of change underway. Likely to continue as a theme into 2025. The Global Collections Benchmarking study is also out. If you would like a copy of the 2023 report and… Read more

EVENT SUMMARY+ ¦ Behavioural Science and its use in Collections

Roundtable and workshop discussing the use of behavioural science techniques, and their applicability, plus use cases, in Collections. This Live event was held at Canada House in London, and sponsored by Symend and Cowry consulting. Key Take Aways Behavioural science can improve customer engagement and outcomes in collections through personalized interventions Technologies like AI and machine learning enable operationalizing behavioural science at scale Segmentation based on psychological traits provides more effective personalization than traditional metrics Early intervention through behavioural archetypes… Read more