A fresh perspective: Collections and recovery in the digital age 2023

Credit issuers need to collect debt as quickly and efficiently as possible, at the lowest possible cost, maintaining good relationships with consumers throughout the process. No matter what stage of the collections lifecycle your customer falls in — predelinquency, early, or late-stage collections — there are some fundamentals that must be part of your collections solution. FICO experts share collections management using FICO® Platform. You'll learn how to:

• Easily configure and manage all compliance requirements in a single place
• Allow for consistent and analytically rich treatment strategies with traceability
• Develop more customer-focused communications
• Use simulation to evaluate cure
• Use historical data to better predict probabilities of repayments