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People Answer Half of Calls to Their Cell Phones: Report

Unwanted robocalls related to debt collection ranked fifth among different calling categories detailing the types of robocalls received by individuals with a cell phone in 2018, according to data released by Hiya, a company that provides call blocking applications. Debt collection robocalls accounted for only one out of every 50 …

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Ontario Systems Opening Tech Incubator

A ribbon-cutting is scheduled for this morning in Decker Hall at Anderson University, in Anderson, Ind., where Ontario Systems will open a new technology training center. Called the Talent Incubator, or “The Cube,” the objective is to provide students at the university with “real-life, hands-on software engineering projects,” according to …

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Companies Come Together to Launch Digital Debt Collection Platform

A pair of companies have announced they have joined forces “to bring the digital self-service revolution to debt collection.” The companies — Zappix Inc. and Cloud Collections — have created the Zappix Digital Debt Collection solution. “We are pleased to join forces with Cloud Collections and add efficiency and effectiveness …

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Collection Tech Startup Gets Funding From Y Combinator

Prodigal Technologies, Inc., a debt collection technology start-up, has received a seed investment from Y Combinator, a well-known accelerator that has backed companies like Airbnb, Dropbox, and Reddit. A seed investment from Y Combinator typically includes an investment of $120,000 in exchange for an equity stake in the company, usually …

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SaaS Company Debuts Machine Learning Collections Platform For Creditors

Katabat, a software solutions provider, has announced the launch of Katabat Engage, a “data-driven” debt collection product “powered by machine learning” to creditors and consumer lending operations. The product provides lenders with a machine learning platform that allows for the use of customized text messaging and emails as communication tools …

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