After years of unprecedented cash flow for consumers, a potential recession and reeling stock market, plus inflation leading to the cost of necessities skyrocketing means that it’s never been more crucial for banks and originators to renew their focus on collections and recovery. This webinar will cover how to create a winning collections & recovery strategy after a turbulent 2022, including where collections & recovery departments should invest, how to navigate the active regulatory environment, and what 2023 might look like for collections & recovery departments.
Technology & Resources
Charge-offs are going up, consumers have a larger debt footprint, it’s difficult & expensive to hire people. In part two of this three part series, you’ll learn:
How to use technology, data, and self-service capabilities to reduce the cost to collect;
How carefully offshoring, nearshoring, or selling debt can diversify and improve your strategy;
Debunking the myths of email and SMS in collections and recovery
This webinar series is brought to you by our sponsors TransUnion, Spring Oaks Capital, NCB, DebtNext, TCN and Finvi.