12th May 2020, Company News
Flow signifies an evolving positioning as a market leader, ethical, credible and tech-driven collection partner and illustrates our growing ambition in the market. While this is a significant change,… Read More »
22nd Apr 2020, Industry Insights
After 3 to 6 months of debt moratorium, banks’ balance sheets will be stretched. There will be a surge in debt collection activities. Hence, it will get challenging for… Read More »
25th Mar 2020, Company News
We are evaluating our business continuity plan. Alternative operational arrangements are in testing and we have a risk control team to remotely monitor the situation in countries and in… Read More »
28th Oct 2019, Industry Insights
Consumers end up paying faster and consistently when they are sent personalised communication that helps tailor their debt repayment plans according to their life stage.
15th Oct 2019, Industry Insights
Rather than punish debtors for non-payment or delayed payment, digital collection promotes good payment behavior through an informative approach, timely advice, and flexible payment options. This is a win-win… Read More »
14th Aug 2019, Industry Insights
Borrowers are crushed by impossible interest rates (up to 2% a day) and administration fees that lead to ballooning debts by unscrupulous lenders. Desperate borrowers then refinance their loans… Read More »
29th Apr 2019, Technology
Financial institutions are increasingly moving away from aggressive collection tactics to recover debts. Traditional practices deployed to monitor potential defaulters and collect overdue amounts often lead to a failure… Read More »
15th Mar 2019, Industry Insights
Outstanding consumer loans grew by almost 18% in India in March 2018 as compared to the previous year. The trend is likely to continue as individual borrowers increasingly default… Read More »
3rd Jan 2019, Industry Insights
Indonesian fintechs must also consider about the other end of the lending process: how to recoup their disbursements from consumers in the most ethical, cost-effective and professional way. This… Read More »
17th Oct 2018, Company News
AsiaCollect, a pioneer in providing integrated Credit Management Services (CMS) in Southeast Asia, has acquired India-based credit lifecycle management platform provider Creditseva. The acquisition builds on AsiaCollect’s plans to… Read More »
17th Oct 2018, Industry Insights
With market education, banks will discover how tech-enabled debt collection will enable them to communicate with consumers more efficiently, in a way that is personalised, hence ultimately recover more… Read More »
8th Sep 2018, Industry Insights
There is an unequal distribution of innovation. Banks, consumer lenders and other FIs are reinventing faster for people to obtain access to financing, such as the multitude of digital… Read More »
16th Jul 2018, Company News
AsiaCollect, a pioneer in providing integrated Credit Management Services (CMS) in Southeast Asia, has acquired its first consumer non-performing loan (NPL) portfolio valued at USD6.5 million face value from… Read More »
6th Jun 2018, Company News
AsiaCollect, a pioneer in providing integrated Credit Management Services (CMS) in Southeast Asia, has raised USD4.5 million to date after closing its recent investment round led by global technology… Read More »
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