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The UK Car Finance Mis-selling Scandal & How IDP Can Help

Lightico

The UK car finance industry is currently facing a significant challenge as the Financial Conduct Authority (FCA) investigates past lending practices. This would further strain bank finances and potentially damage their reputation within the regulatory landscape.

Finance 52
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The AI Powered Intelligent Document Processing (IDP) Revolution in Auto Finance

Lightico

The world of Auto Finance is marked by a paradox – while the industry fuels the consumers auto dreams, the behind-the-scenes reality is often obscured by mountains of paperwork. The need for innovation becomes evident in the face of these challenges.

Finance 52
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Auto Finance Conferences & Events 2021 – 2022 (Updated)

Lightico

Update: Due to the coronavirus outbreak, many of the planned auto finance conferences have been postponed or canceled. Auto Finance events and conferences are a great place to learn more about the innovation of lending in different aspects of the auto finance industry an improve customer experience in auto finance.

Finance 52
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How to get started with AI in 5 simple steps

CommBox

Things we knew in 2023: Leveraging AI greatly increases the operational efficiency of your business – impacting everything from customer satisfaction to cost savings. Businesses of all sizes and across all industries need to find the best way to integrate AI technology into their daily business operations. The challenge in 2024?

AI 98
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Top 5 Business Phone Systems for Banking and Finance

Hodusoft

The latest trends and innovations in business phone systems for the banking industry include features such as cloud-based solutions, AI-powered virtual assistants, and integration with other communication channels such as email and chat. What to look for in a business phone system for banking and finance?

Finance 52
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Payment Due Date Change Requests and Other Auto Finance Lender Challenges During Economic Recessions

Lightico

Allowing due date changes can help borrowers better manage their finances by aligning their car loan payments with their income schedule. 5 Regulatory Compliance In some jurisdictions, there may be regulations or guidelines that encourage or require lenders to provide flexible payment options to borrowers.

Finance 52
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Call Center Statistics You Should Know

Callminer

Tools like speech analytics solutions help monitor QA, ensure compliance, and provide insights that aid in agent performance management , as well. ” – 88 Call Center Statistics You Must Read: 2019 Data Analysis & Market Share , Finances Online; Twitter: @Financesonline. Sales Pursuits. Call Center Workforce Statistics.