Resources6d ago

Why machine learning is becoming essential to collections transformation

Chris Hopkins
South African banks are under pressure from every direction. Consumers are facing persistent financial stress, unsecured portfolios remain exposed, and collections teams are being asked to do more with fragmented systems , tighter governance expectations, and rising customer experience demands. At the same time, banks are expected to modernize responsibly, proving that every decision is fair, explainable, and aligned with trust.