How secure are your recurring incoming payments?

More and more companies are relying on business models with recurring payments in the form of subscriptions, instalment payments and the like. Defaults and/or delays in these payment flows often represent a considerable economic risk for the respective provider. Artificial intelligence (AI) has also found its way into the financial sector. FERNBACH has used AI to develop a solution that can be used to forecast the future payment behaviour of customers in arrears.