How Consumers Verify a Collection Agency Before Responding
Consumers reported losing more than $12.5 billion to fraud in 2024, a 25% increase from the previous year, according to
Adam Parks has become a voice for the accounts receivables industry. With almost 20 years working in debt portfolio purchasing, debt sales, consulting, and technology systems, Adam now produces industry news hosting hundreds of Receivables Podcasts and manages branding, websites, and marketing for over 100 companies within the industry.
Consumers reported losing more than $12.5 billion to fraud in 2024, a 25% increase from the previous year, according to
U.S. student loan debt stood at $1.66 trillion in the first quarter of 2026, while 10.3% of balances were 90 or more day
A collection agency may have strong revenue, valuable client relationships, experienced leadership, and significant grow
Collection organizations routinely reach a point where an account appears to have exhausted its immediate recovery poten
Artificial intelligence has quickly moved from innovation labs into boardroom discussions. According to McKinsey's&
Artificial intelligence is reshaping nearly every aspect of financial services. According to IBM's Global AI Adoption In
Artificial intelligence is quickly moving beyond task automation. Across financial services, organizations are beginning
The business process outsourcing industry has traditionally been dominated by large-scale providers capable of supportin
Artificial intelligence has become one of the most discussed technologies in the receivables management industry. While
McKinsey indicates that while 55% of financial services organizations reported AI adoption in 2023, this figure rose to
Artificial intelligence has already revolutionized how we learn, communicate, and work, but it may also be changing how
In 2024, Deloitte research on financial services operations noted that cost pressure and regulatory complexity continue