Advanced technological advancements are now able to make predictions about our future. Minority Report-esque is a perfect example of this where they were predicting crimes before people committed them and making arrests based on these premonitions. Still, debt collection software has the power of prediction too. Minority Report-esque at an early stage right now because it requires so much data input, which will be gathered in the next six or eight years with the help of innovations like artificial intelligence (AI). As AI becomes more advanced over time, we’ll eventually see high-tech predictive analytics that can predict early delinquency — whether it’s contacting individuals for repayments!

NOTE:-weblog of the month: