Prodigal Money: Transforming Recovery Dynamics
The Challenge
Non-Performing Loans (NPLs) represent a persistent challenge in the financial sector, particularly in the US markets. Traditional recovery models often lack the agility, scalability, and technological sophistication to address the complex nature of modern financial delinquencies. These limitations result in:
• Inefcient recovery processes.
• Poor debtor communication strategies.
• Limited use of data analytics for predictive insights.