The pandemic has put a hard blow on the global economy. Businesses are still dealing with damages caused due to economic slowdown. However, this crisis was a learning curve for most companies. The reliance on commercial debt collection has enabled creditors to go for the recovery of their investment. Lack of collection strategy may lead to chances of ruins getting the money in the first place....

In recent years, the debt collection industry has been significantly changing. The pandemic, new regulations, and evolving customer behavior have all impacted the collection process. However, the recent transformation of the industry doesn't stop here. Moreover, new trends keep emerging, shaping how the collection industry works. Let's not waste any time further and focus on how a leading...