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.
AI
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.
How to prevent defaults, automate with empathy, and enhance customer experience. In an era where arrears can escalate quickly and customers demand more humanised experiences, lenders, banks, and fintechs must reinvent how they manage portfolios—starting with early-stage collections.
Unlike past automation waves, generative AI creates original, contextualised, and useful content—text, analysis, recommendations, code, personalised responses, executive summaries—in seconds.
At AlgoNew, we believe AI doesn’t just change how we collect—it redefines why and for whom we do it. AI lets us move beyond rigid, costly models and adopt smarter, proactive, and customer-centric strategies.
In an increasingly challenging economic climate, where late payments are rising and consumers face diverse financial pressures, organisations must rethink how they manage their debt collection processes.
AI has been one of the most dynamic and revolutionary fields in recent years. Since its initial development, AI has rapidly evolved and found applications across industries and sectors. In 2022, McKinsey & Co. published a report examining key advances, trends, and challenges in AI.
Artificial intelligence (AI) has been one of the most dynamic and revolutionary fields in recent years. Since its initial development, AI has rapidly evolved and found applications across a wide range of industries and sectors. In 2022, the global consulting firm McKinsey & Company published a report examining key advances,…
Artificial Intelligence (AI) has transitioned from being a mere futuristic concept to an integral part of our everyday reality. Since its inception in 1956, during the Dartmouth Conference, AI has evolved significantly, becoming an indispensable tool in our current world.
In recent years, artificial intelligence (AI) has become an increasingly prevalent technology in the healthcare sector, with virtual assistants being one of its standout applications. These computer programs can be of great assistance to both patients and physicians.