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WORKDAY LAUNCHES PREDICTIVE ANALYTICS PLATFORM
- Software company Workday has released a new predictive analytics product that aims to tell companies which customers are going to be least likely to pay. The software analyzes a company’s historical information to determine who will be able to make a payment. The application is built on a similar platform that Workday offers to HR departments to help identify which employees are most likely to quit.
CFPB TO FOCUS ON UDAAP, MORTGAGE, STUDENT LENDING INDUSTRIES
- The Consumer Financial Protection Bureau will continue to utilize its UDAAP sword to regulate the injustices it finds in the financial services industry, while continuing to focus on the mortgage and student lending industries for the remainder of 2016, according to a report. The report did mention the CFPB’s proposed rule on debt collection as a policy priority for the next two years, but it does not appear to be very high on the agency’s priority list.
WORTH NOTING: Another lender has come forward to claim it manipulated fuel economy data … A drop in PC sales is why Intel is laying off 12,000 employees … How being pessimistic can help you succeed … How to motivate your team to do their best work … How much money it takes to live comfortably in the 50 biggest cities in the U.S. … There is a global banana crisis … How to experience flow and get crazy productive … The doctor shortage is getting worse … Why droids, and not drones, are the future of delivery … How to use video to boost your brand awareness.
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The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.
