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Key Takeaways
Digital adoption is a crucial trend in the collections industry, emphasising automation, visibility, and predictive outcomes.
Adoption levels vary across markets, with the UK notably proactive in embracing new technologies.
Key themes to monitor include AI, digitisation, and operational efficiencies.
Mobility, AI, and digitisation are interconnected, driving industry efficiency.
Quantum computing is anticipated to be a transformative force within the next five years.
Key Statistics
80% of business transactions involve a purchase with the expectation of future payment.
Inflation is affecting the cost of living in Canada, the US, and the UK.
Key Discussion Points
The effects of rising living costs on consumer disposable income and affordability.
The significance of AI, digitisation, and efficiency in the future of the collections sector.
The potential for quantum computing to revolutionise computing capabilities.
The necess...
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