Transforming Credit and Collection with Predictive Analytics
BizAcuity
APRIL 28, 2019
is delinquent as of June 30th, 2017. Using algorithms, AI is now able to store data before making a prediction about something – such as when a debtor is likely to pay. And this data is crucial in taking the necessary steps to ensure successful debt collection. Out of which, $400 billion is delinquent for more than 90 days.
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