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Written by Saptarshi SarkarAugust 22, 2023 The voice characteristics of every individual depend on the anatomy of their throat. Voice biometrics utilizes these speaker-specific voice features to authenticate users. If you are wondering how passive voice biometrics works, read on. Passive Voice Biometrics: The Workings In passive voice biometrics, the user is authenticated seamlessly in the
Written by Gnani MarketingJuly 17, 2023 Debt collection businesses can gain a lot from omnichannel bots, such as SMS, phone, and chatbots. Let’s look at how they influence the effectiveness and efficiency of debt collection attempts. Omnichannel debt collection bots enhance connectivity ratio By enabling 24/7 accessibility, bots raise the likelihood of engaging with debtors. Automated
Written by Gnani MarketingJuly 4, 2023 The auto loan market is growing at an exponential rate. The global automotive finance market size is expected to reach USD 394.06 billion by 2028. Because of the increase in vehicle loan debt, it is becoming extremely difficult for lenders and debt collection companies to recover past-due payments. This is
Written by Gnani MarketingJuly 3, 2023 According to a PwC report, the global GDP will see a rise of 26% by 2030. This rise will be partly aided by generative AI. So, it is easy to conclude that debt recovery is also being revolutionized with generative AI. As per industry reports, the use of generative AI
Written by Gnani MarketingJune 29, 2023 Managing collectors is challenging for debt collection agencies. Yet, Experian research shows 52% of site visitors proceed to payment schedules, emphasizing the value of an omnichannel presence. V12data.com highlights that a strong omnichannel approach can boost revenue by 9.5% annually. This benefits debtors and collectors alike, while also addressing other
Written by Gnani MarketingOctober 19, 2022 Understanding the Importance of AI in Omnichannel Strategy Omnichannel means your customers can discover your brand through multiple channels: search engines, social media, email newsletters, and more. Omnichannel isn’t just about ensuring customers have access to your products; it’s also about making sure they know what those products are, how
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