This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This strategic alliance is designed to empower financial institutions to ...

The average American has $6,501 in credit card debt. There was a small dip in credit card debt during COVID-19, because people were not going out and spending money on things. Due to inflation, credit ...

The "Debt Collection Software Market by Component (Software and Services), End-User (Banks, Collection Agencies, Finance Companies, Healthcare), Organization Size (Large Enterprises and SMEs), ...

Fair Isaac Corporation (FICO) announced Monday that it has acquired CR Software, LLC, a Fairfax, Virginia-based company that offers a debt-collection management platform. Financial terms of the deal ...

Globally, credit recovery has evolved from manual record-keeping process such as mass calling to AI-driven ecosystems. Traditional tactics such as cold calls and rigid scripts no longer resonate ...

Debt management can help lower costs and streamline payments, but it's important to account for the costs, too.