{"id":514266,"date":"2021-07-19T04:03:19","date_gmt":"2021-07-19T08:03:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\/"},"modified":"2021-07-19T04:03:19","modified_gmt":"2021-07-19T08:03:19","slug":"polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\/","title":{"rendered":"Poland&#8217;s Ultimo SA Uses FICO AI-Powered Optimization to Advance Ethical Debt Resolution"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Leading Polish debt collection firm uses mathematical optimization to determine ideal strategy for each borrower<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">LONDON<\/span>, July 19,\u00a02021 \/PRNewswire\/ &#8212;<b>\u00a0<\/b>Ultimo SA, one of the largest debt management companies in <span class=\"xn-location\">Poland<\/span> and a part of B2 Holdings, will use FICO collections treatment optimization to take the ideal treatment path for each borrower. Using advanced mathematical optimization from FICO, Ultimo will be able to identify the best, most sustainable collections strategy for each borrower, from among dozens or even hundreds of potential options.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/450763\/FICO_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/450763\/FICO_Logo.jpg\" title=\"FICO Corporate logo.  (PRNewsFoto\/FICO)\" alt=\"FICO Corporate logo.  (PRNewsFoto\/FICO)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>More information: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3230666-1&amp;h=1587086626&amp;u=https%3A%2F%2Fwww.fico.com%2Fen%2Fsolutions%2Fcollections-optimization&amp;a=https%3A%2F%2Fwww.fico.com%2Fen%2Fsolutions%2Fcollections-optimization\" rel=\"nofollow noopener\">https:\/\/www.fico.com\/en\/solutions\/collections-optimization<\/a>\u00a0<\/p>\n<p>&#8220;Our mission is to help people get out of debt,&#8221; said <b>Marek Czysto\u0142owski, Chief Operating Officer at Ultimo<\/b>. &#8220;We are members of the Association of Financial Companies in <span class=\"xn-location\">Poland<\/span>, we follow the Association&#8217;s Principles of Good Debt Collection Practices, and each year we receive the Association&#8217;s Ethical Audit Certificate. As an ethical debt management agency, we need the best way to serve our financial services partners and their customers, and using FICO&#8217;s advanced data science will help us do just that. We are complementing Ultimo&#8217;s market-leading collections expertise with innovative data science.&#8221;<\/p>\n<p>&#8220;Debt remediation is at the forefront of the financial services industry&#8217;s response to the pandemic,&#8221; said <b><span class=\"xn-person\">Jens Dauner<\/span>, vice president of FICO overseeing the DACH region and <span class=\"xn-location\">Central Europe<\/span><\/b>. &#8220;We are proud to support Ultimo&#8217;s ethical debt resolution with our AI-powered optimization. There has never been a more important time to ensure every collections decision is the best possible decision.&#8221; <\/p>\n<p>Collections optimization helps organizations of all sizes strike a balance between loss reduction, resource challenges, and operational constraints to help maximize profitability, meet regulatory requirements, and manage customer satisfaction. It can be leveraged across the collections spectrum \u2014 from pre-delinquency and early stage collections through later stage and recovery activities. Using collections optimization, lenders and debt collection agencies can easily and confidently choose the best decisions for account placements, settlements, channel selection, and other strategic treatment decisions.<\/p>\n<p>\n        <b>About Ultimo<\/b>\n      <\/p>\n<p>Ultimo has been in the debt management market since 2002, and is a member of the Association of Financial Companies in <span class=\"xn-location\">Poland<\/span> (ZPF), an institution guarding high standards of business conduct. Since 2010, Ultimo has been licensed by the Polish Financial Supervision Authority to manage securitised debts. Since <span class=\"xn-chron\">August 2014<\/span>, the firm has been part of the international\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3230666-1&amp;h=2781795771&amp;u=https%3A%2F%2Fwww.b2holding.no%2F&amp;a=B2Holding+Group\" rel=\"nofollow noopener\">B2Holding Group<\/a>, one of the leaders in the European debt management market. <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3230666-1&amp;h=3661490101&amp;u=https%3A%2F%2Fultimo.pl%2Fen%2Ffor-business-partners&amp;a=https%3A%2F%2Fultimo.pl%2Fen%2Ffor-business-partners\" rel=\"nofollow noopener\">https:\/\/ultimo.pl\/en\/for-business-partners<\/a>\u00a0<\/p>\n<p>\n        <b>About FICO<\/b>\n      <\/p>\n<p>FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 120 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.<\/p>\n<p>Learn more at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3230666-1&amp;h=731698936&amp;u=https%3A%2F%2Fwww.fico.com%2F&amp;a=https%3A%2F%2Fwww.fico.com\" rel=\"nofollow noopener\">https:\/\/www.fico.com<\/a><\/p>\n<p>FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=AQ45913&amp;sd=2021-07-19\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution-301335557.html\">https:\/\/www.prnewswire.com\/news-releases\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution-301335557.html<\/a><\/p>\n<p>SOURCE  FICO<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=AQ45913&amp;Transmission_Id=202107190400PR_NEWS_USPR_____AQ45913&amp;DateId=20210719\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leading Polish debt collection firm uses mathematical optimization to determine ideal strategy for each borrower PR Newswire LONDON, July 19,\u00a02021 \/PRNewswire\/ &#8212;\u00a0Ultimo SA, one of the largest debt management companies in Poland and a part of B2 Holdings, will use FICO collections treatment optimization to take the ideal treatment path for each borrower. Using advanced mathematical optimization from FICO, Ultimo will be able to identify the best, most sustainable collections strategy for each borrower, from among dozens or even hundreds of potential options. More information: https:\/\/www.fico.com\/en\/solutions\/collections-optimization\u00a0 &#8220;Our mission is to help people get out of debt,&#8221; said Marek Czysto\u0142owski, Chief Operating Officer at Ultimo. &#8220;We are members of the Association of Financial Companies in Poland, we follow the Association&#8217;s Principles &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Poland&#8217;s Ultimo SA Uses FICO AI-Powered Optimization to Advance Ethical Debt Resolution&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-514266","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Poland&#039;s Ultimo SA Uses FICO AI-Powered Optimization to Advance Ethical Debt Resolution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Poland&#039;s Ultimo SA Uses FICO AI-Powered Optimization to Advance Ethical Debt Resolution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Leading Polish debt collection firm uses mathematical optimization to determine ideal strategy for each borrower PR Newswire LONDON, July 19,\u00a02021 \/PRNewswire\/ &#8212;\u00a0Ultimo SA, one of the largest debt management companies in Poland and a part of B2 Holdings, will use FICO collections treatment optimization to take the ideal treatment path for each borrower. Using advanced mathematical optimization from FICO, Ultimo will be able to identify the best, most sustainable collections strategy for each borrower, from among dozens or even hundreds of potential options. More information: https:\/\/www.fico.com\/en\/solutions\/collections-optimization\u00a0 &#8220;Our mission is to help people get out of debt,&#8221; said Marek Czysto\u0142owski, Chief Operating Officer at Ultimo. &#8220;We are members of the Association of Financial Companies in Poland, we follow the Association&#8217;s Principles &hellip; Continue reading &quot;Poland&#8217;s Ultimo SA Uses FICO AI-Powered Optimization to Advance Ethical Debt Resolution&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-19T08:03:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/450763\/FICO_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Poland&#8217;s Ultimo SA Uses FICO AI-Powered Optimization to Advance Ethical Debt Resolution\",\"datePublished\":\"2021-07-19T08:03:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\\\/\"},\"wordCount\":557,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/450763\\\/FICO_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\\\/\",\"name\":\"Poland's Ultimo SA Uses FICO AI-Powered Optimization to Advance Ethical Debt Resolution - 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Using advanced mathematical optimization from FICO, Ultimo will be able to identify the best, most sustainable collections strategy for each borrower, from among dozens or even hundreds of potential options. More information: https:\/\/www.fico.com\/en\/solutions\/collections-optimization\u00a0 &#8220;Our mission is to help people get out of debt,&#8221; said Marek Czysto\u0142owski, Chief Operating Officer at Ultimo. &#8220;We are members of the Association of Financial Companies in Poland, we follow the Association&#8217;s Principles &hellip; Continue reading \"Poland&#8217;s Ultimo SA Uses FICO AI-Powered Optimization to Advance Ethical Debt Resolution\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-19T08:03:19+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/450763\/FICO_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Poland&#8217;s Ultimo SA Uses FICO AI-Powered Optimization to Advance Ethical Debt Resolution","datePublished":"2021-07-19T08:03:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\/"},"wordCount":557,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/450763\/FICO_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/polands-ultimo-sa-uses-fico-ai-powered-optimization-to-advance-ethical-debt-resolution\/","name":"Poland's Ultimo SA Uses FICO AI-Powered Optimization to Advance Ethical Debt Resolution - 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