Debt Collector Needs to Chill Out During Pandemic: OJK

... and financing companies against using debt collectors during the Covid-19 ... to carry out any collection activities involving debt collector. Stop it, at ... debtors compliant in paying their debt or not. Earlier, the lenders ...

AsiaCollect Transforms Debt Collection Business With AI

... the sole player in the debt collection business that employs artificial intelligence ... collecting debts, he said. The debt collection business in Indonesia has gained ... .' That's our approach to debt collection," Martin said. Top Clients AsiaCollect ...

AI-Powered Debt Collection Can Help Avoid Another P2P Lending Crisis

... , may unknowingly employ third-party debt collection agencies that utilize these barbaric ... of that and no real debt collection strategy leads to increasingly desperate ... debts, too. Ethical and Personalized Debt Collection Companies like AsiaCollect strive to ...

Sinar Mas and Oriente Target Indonesia's the Great Unbanked With New Fintech Platform Finmas

... have been blamed for employing debt collectors to intimidate their customers ... of data theft and unethical debt-collection. Finmas' Peter Lydian said the ...

What Indonesian Fintechs Should Know About Debt Collection

... long-standing stigma surrounding debt collection in Indonesia. Any fintech ... to these third-party debt collection agencies, asking someone to ... of Artificial Intelligence in Debt Collection It is a well- ... determine the most suitable collection strategy for a ...

No Need for Customers of Illegal Lenders to Repay Loans: Official

... authorities and often employ aggressive debt collection practices. "The borrower can borrow ... companies try to collect their debt, report them, the authorities will ...

Mainstreaming Islamic Finance to Achieve Sustainable Development Goals

... , avoiding excessive speculations, and limiting debt to the value of assets ... digital platform to increase waqf collection and enhance the effective use ...

A Call to the Boss: Indonesia Contends With Aggressive Chinese Online Lenders

... register and employ aggressive debt collection practices, is now alarming ... she was stunned when debt collectors repeatedly called her ... renegotiate his loan after debt collectors for online ... disapproved of the "vicious debt collection methods" of some Chinese ...

As Debt Levels Rise, More Thais Struggle to Keep Up

... payments. In addition, their debt pain could increase because ... top unsecured consumer debt collector, expects consumer debt to rise ... buys bad loans and provides debt collection services in Thailand. JMT ... 3.2 million distressed debt accounts worth 128 billion ...

Indonesia Among Worst Countries for Debt Collection: Report

... The report, titled "2018 Collection Complexity Score and Rating," was ... the complexity level of international debt collection procedures in 50 countries. ... country's investment grade debt rating has attracted foreign ... bond insurance, guarantees and collection.