DPDzero blogs
-
Handling rate limits from messaging vendors
Understanding DPDzero DPDzero is your trusted partner in scaling collections effortlessly for banks, fintechs, NBFCs, and MFIs. We facilitate the recovery of capital across a wide range of loan products and stages, making it easier for financial institutions to achieve their goals. The Challenge One of our core functionalities is sending a large number of…
-
What are the 5 metrics that matter for Debt Collections?
In the world of debt collections, success hinges on efficiency and effectiveness. While chasing down overdue payments might seem straightforward, achieving optimal results requires a data-driven approach. Measuring the right metrics fosters transparency, collaboration, and ultimately, improved Collections performance. This article delves into five key metrics that empower collections teams to collaborate effectively with lending…
-
What is Debt Collections? A Simple Guide
Imagine you lend your friend some money, let’s say ₹500, for an important expense. They promise to pay you back in a month. But a month passes, then two, and your friend still hasn’t returned the money. You start to get worried. What do you do? This is where debt collection or debt recovery comes…
-
Tech That Speaks Results: Truth beyond the ‘AI’ Obsession in Collections
With ChatGPT leading the conversation as its poster boy – seems like ‘Artificial Intelligence’ has become everyone’s buzzword-of-the-day everyday. However, amidst the AI frenzy, a paradoxical truth emerges: the majority fail to grasp its limitations. Instead, AI has become the in-vogue label, slapped onto everything from toasters to toothbrushes. In this wild, AI-infused ride, we…
-
Why is Q4 the best time to evaluate your collection partners?
The festive season is long over but the spending spree hasn’t! Easy access to small loans has fuelled a surge in consumer spending, creating to a ripple effect in the Indian lending landscape. This calls for a strategic move to re-evaluate your Collection Partners this Q4. Before diving in, let’s understand the significant events that…
-
Demystifying Debt Collections in India
Debt. It’s a word that can send shivers down anyone’s spine, especially in India where the rise of credit cards, easy loans, and BNPL schemes has made borrowing more accessible than ever. But what happens when those borrowed rupees turn into unpaid dues? Enter the world of debt collection. For many Indians, navigating the world…
-
3 Technology trends that will shape the future of Debt Collections
For years, the collections industry has struggled to earn respect. Many shy away from it because they don’t want to be seen as harassing others for a living. It’s often referred to as “the dark side” of lending, known for its disorganisation, lack of transparency, and high-stress environment. Despite its flaws, it plays a crucial…
-
DPDzero Ingestion Engine: Streamlining Data Ingestion
At DPDzero, our commitment to reshaping India’s financial landscape and improving collections for lending companies is unwavering. A pivotal part of our strategy involves our Data Ingestion Engine, which seamlessly gathers and processes data from various sources. However, our primary goal is to enhance security while simplifying the data exchange process for our valued customers—lending…
-
Boosting Database Performance using RDS Proxy
DPDzero, the go-to Collections platform for financial institutions, is making waves in the world of tech optimization. Here’s how we harnessed the power of RDS Proxy to supercharge our services and slash costs. Understanding DPDzero DPDzero is your trusted partner in scaling collections effortlessly for banks, fintechs, NBFCs, and MFIs. We facilitate the recovery of…
-
Our Commitment to Information Security
In an era where data is the cornerstone of modern life, DPDZero doesn’t merely consider information security an option—it’s a non-negotiable commitment. We serve as a steadfast barrier against the constant threats that jeopardize data, privacy, and trust. Whether you’re an individual or a business entity, the urgency to bolster your information security stance is…