Banking and Financial Services
One of the biggest challenges in recovery and preventive management is ensuring outreach isn’t just effective, but also timely and well-received. At Algonew, we know the channel is as critical as the message. That’s why we design intelligent multi-channel strategies that cover more ground—with surgical precision.
At Algonew, we know that anticipating customer behaviour isn’t just a tactical advantage—it’s a strategic necessity. Predictive technologies, especially those powered by artificial intelligence (AI), have become indispensable for the early detection of financial risk signals and effective delinquency prevention.
At Algonew we understand that operational efficiency and customer experience need not be at odds. This is especially true in pre-collections, where well-timed, tactful outreach can mean the difference between preventive recovery and solidified debt.
At Algonew we firmly believe that the most critical stage of the credit cycle does not begin with default—it starts much earlier. Pre-collection represents a strategic window to anticipate customer behaviour, build healthier relationships, and, most importantly, significantly reduce early delinquency.
The data is overwhelming: 1 in 2 customers (49%) abandon calls due to long wait times. This reality, which directly affects business profitability, finds an effective and scalable solution in Artificial Intelligence.
The Core of Prudent Management: Precision in Provisions and Capital: Accurate calculation of accounting provisions and regulatory capital requirements is critical for the stability and sustainability of financial institutions. Today, advanced provisioning engines have become the cornerstone for ensuring precision, agility, and strict compliance with global regulatory standards.
Financial onboarding is one of the highest-risk stages for fraud exposure. With generative AI and advanced decision engines, institutions can now detect fraudulent patterns in real time, with unmatched precision and minimal friction for legitimate customers.
We are in the ‘Proactive Customer Management Era’ where credit limit management and cross-selling strategies are cornerstones of profitable growth in the financial sector.
We are in the ‘Proactive Customer Management Era’ where credit limit management and cross-selling strategies are cornerstones of profitable growth in the financial sector.
The admission process for financial products has undergone a radical transformation with the integration of advanced technologies like Artificial Intelligence (AI) and decision engines.
