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IIFL Finance digitizes loan collections with Credgenics technology platform

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 ....

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