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New Delhi/ Mumbai (Maharashtra) [India], October 11 (ANI/PRNewswire): IIFL Finance, one of India's largest retail-focused diversified non-banking financial companies, has partnered with Credgenics, the leading provider of SaaS-based collections and debt resolution technology solutions worldwide, to implement Credgenics' end-to-end debt collections technology platform. Digitization to drive the next level of efficiencies and profitability. ML-based strategies to strengthen customer-focused approach in collections. Credgenics AI-powered collections platform, deployed at IIFL Finance, covers a range of solutions across the collections stages from pre-due management to post-due recoveries. The platform has enabled completely digitized loan collections at IIFL with ML-based analytical capabilities to segment borrowers and roll out tailored collections strategies. With Credgenics, IIFL has implemented a multichannel strategic digital communications approach resulting in reduced bounc ....
New Delhi [India], August 3 (ANI/PRNewswire): Credgenics, the leading provider of loan collections and debt resolution SaaS-based technology solutions to banks, non-banking finance, and FinTech lenders worldwide, announced today its expansion into Indonesia as part of its next phase of growth. Indonesia marks the firm's foray into Southeast Asia (SEA) with a proven product and a deep understanding of the debt collections business beyond the Indian demographic. Credgenics is focused to work closely with lending firms in Indonesia and help them digitize and automate their end-to-end collections processes. Credgenics is already working with over 75 lending companies in India to improve their collection rates by 20 per cent and recover up to 80 per cent across delinquent accounts. The firm has a local team in place and will be further hiring and expanding its team based in Indonesia. Commenting on the firm's Indonesia strategy, Rishabh Goel, Co-founder, and CEO of Credgenics said, ....