by Lancelot Carlson | May 11, 2023 | Blog, Posts
Debt collection – a sector that often carries a negative connotation, is witnessing a regulatory transformation. As we march deeper into the digital age, the balance between consumer protection and efficient credit recovery becomes more delicate. The regulatory winds...
by Lancelot Carlson | May 10, 2023 | Blog, Posts
The Fair Debt Collection Practices Act (FDCPA) has been a cornerstone of consumer financial law since its introduction in 1977. Designed to prevent abusive, unfair, and deceptive practices in the collection of consumer debts, the FDCPA serves as a watchful guardian,...
by HealPay | Feb 7, 2023 | Blog, Posts
As technology advances, artificial intelligence, or AI, is quickly becoming a powerful and important tool for businesses to innovate and scale. In the collections industry, AI can be leveraged in a number of ways to increase efficiency, streamline processes, and...