SCORE and TU present the smart lender's downturn readiness checklist
Thursday November 21, 2019
Data modelling and predictive analytics (Part two)
Thursday September 19, 2019
Data-based models and machine learning can help an organization identify the optimal communications and treatment strategy for each client account, train collections agents to use the system and collect data to improve model performance. This has sever...
Data modelling and predictive analytics (Part one)
Tuesday September 03, 2019
Data modelling and predictive analytics – more important than ever before? Part one. The global credit environment has adjusted to the financial crisis, to compliance regulations and to expanding markets,
What to do if you’re delinquent on debt
Monday August 19, 2019
Most consumers have debt of some kind, whether it’s credit card debt, a mortgage, clothing account or car payments. To keep your line of credit open, you need to make monthly payments on time, or at the very least meet the minimum payments.
3 tips to improve your collections and recovery process
Tuesday August 13, 2019
We’ve spoken about Big Data, AI and machine learning and its application in the collections and recovery process. While it sounds futuristic, it’s technology that’s right here, right now, and it simply must be incorporated into any debt collectio...
How debt funds lead to reduced risk as part of a diversified portfolio
Monday July 29, 2019
While most people no longer hide cash under a mattress, we’d still rather save our money in a bank account than risk investing it. The same applies to small businesses, many of whom would rather keep their capital in the company account than invest. ...
What does rising debt mean for consumers & collection servicers?
Monday July 22, 2019
Consumer debt is on the rise again. It’s been more than a decade since the last recession, but borrowing is back and above its peak in 2008. However, this isn’t necessarily a bad thing. According to
Why non-prime lending offers unmatched opportunities for growth
Tuesday June 18, 2019
The non-prime market is growing at a strong and steady rate. Banks and non-prime lenders in today’s current financial market are increasingly taking up the opportunity to offer appealing credit to consumers and create new revenue. For many consumers...
Stages of the debt collections process
Monday June 10, 2019
When dealing with customers in arrears, it’s important to follow the correct process to maintain customer relationships and ensure quick and early payment. Generally, the debt collection process begins with a softer approach in the early stages to s...
Why invest in distressed debt?
Monday June 10, 2019
Distressed debt occurs when a company – usually experiencing financial distress or approaching bankruptcy – sells of its debt at a significantly lower cost, usually because they are over-leveraged and simply have too much debt to continue operatio...
Dog-eat-dog world of asset management, thrive as a cat
Thursday February 14, 2019
In the dog-eat-dog world of asset management, here’s how to thrive as a cat. You’ve heard that business is a dog-eat-dog world; the same holds true in asset management. While fi...
How analytics and modeling can improve performance
Thursday February 14, 2019
The ever-increasing flow of data generated inside and outside a company, can be overwhelming for many organizations. However, advanced analytics can generate insights from this data that can lead to competitive advantage. Predictive ...
2018 SCORE Dormant Debt Conference
Tuesday November 13, 2018
SCORE hosted its 16th Annual Debt Conference on November 13, 2018 at Vantage Venues (previously The St. Andrews Club) in Toronto. Thanks to all that participated! The conference showcased speakers and panels discussing the late...
5 ways to maximize accounts receivable collections
Tuesday October 23, 2018
Often, businesses don’t realize how much capital can be trapped in their balance sheets. Improving and streamlining the accounts receivables process frees up cash, which leads to improved overall functioning and operational efficiencies. It provides ...
The future of debt collection
Monday July 30, 2018
Technological advancements in debt collection have radically transformed the industry, with evolving debt collection regulations and the advent of the tech-savvy consumer making traditional methods of debt collection increasingly redundant. Whether yo...
Why early debt delinquency isn’t always a bad thing
Monday June 18, 2018
If you work in accounts receivable, you’ll know that debt collection becomes increasingly difficult as time goes on and debts start mounting. Fortunately, the reverse is also true. Debt delinquency in the early stages can be much easier to manage, of...
TALKINGTECH PARTNERS WITH SCORE TO LAUNCH DIGITAL COLLECTIONS
Monday May 15, 2017
TALKINGTECH Partners with SCORE to launch digital collections to Canadian market Partnership will maximise powerful data to enrich collections for...
Thursday May 14, 2009
SCORE is constantly developing new ways to help our clients. We have introduced a revolutionary new concept, risk-based pricing based on segmenting the quality of accounts for third party collections. The objective is to increase revenue on a net back bas...