How Flowcast’s AI helps in the debt collection process

A major contributor to lending losses is an outdated approach to debt collection…

Traditional risk models are based on limited data and old formulas that fail to reflect changing economic conditions, including those caused by Covid-19. The traditional model’s inability to predict which debts will go into collections puts lenders behind the curve.

Ken So, founder of our portfolio company, Flowcast talks about how Artificial Intelligence helps lenders and borrowers with the debt collection process in an interview with Forbes Magazine.

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