25th Jun 2020, Industry Insights
Vietnam has done a great job in handling the COVID-19 pandemic, but the economy has not been spared from the global recession. Consequently, loan delinquencies are surging. What is… Read More »
19th Jun 2020, Industry Insights
To maintain financial prudence and a sound banking system with moderate bad debt levels, financial institutions will need to figure out efficient risk management. Traditional solutions have not helped… Read More »
12th Jun 2020, Industry Insights
This whitepaper examines the challenges that define debt recovery during economic crisis, solutions lenders can adopt to evolve their collection process. From new technologies and approaches to better segmentation… Read More »
28th May 2020, Industry Insights
With a reduction in asset book and deterioration in asset quality across portfolios, banks' success in debt recovery will largely depend on the use of correct strategies concentrated towards… Read More »
21st May 2020, Technology
Technology is reshaping everything under the sun, collection is no different. Social distancing has already increased the industry's dependence on digital technology, and this will not change in the… Read More »
12th May 2020, Company News
SINGAPORE—May 2020—Previously known as AsiaCollect, Flow, the pioneering credit management company bringing international standards of ethical debt collection to the Non-Performing Consumer Loans (NPL) market in Asia, announced today… Read More »
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 »
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