Blogs

How Augmented Reality Could Transform Financial Services

The applications of augmented reality in the financial industry are less obvious than elsewhere, but they could be significant. At the very least, the projected growth of the augmented reality (AR) and virtual reality (VR) market is so dramatic that it is likely to become the preferred way to make purchases for a large segment…
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Technology and the Debt Deflation Cycle

For decades we enjoyed the benefits of new computer technology without considering possible unintended consequences. Unfortunately, these advances may have contributed to depressed economic conditions during the last decade. However, the solution lies in using new technology to deal with our new problems rather than imagining that we can return to the past. Technology Driven…
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What Debt Collectors Can Learn from Marketing

While some debt collectors like to believe that they have a captive market, the truth is that most customers can settle their debts with someone else later in the process. With that in mind, it becomes clear that effective marketing strategies can substantially boost your company's debt collection efforts. A Unique Selling Point One of…
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Collecting on Rising Interest Rates

Improving your firm's debt collection efforts may be the best way to prepare for higher interest rates. Debt collection opportunities usually increase when rates rise because higher rates lead to more non-performing loans. There are reasons to believe that interest rates will continue to increase, although the reasons differ from country to country. Interest Rates…
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