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CMS Info Systems plans to expand into gold logistics and retail loan repayments collection, having already piloted these ventures. With over Rs 2,000 crore revenue in fiscal 2023, CMS aims for incremental growth. The company sees potential in India's formalizing bullion sector and the evolving lending ecosystem. It has collaborated with major clients and institutions for its pilot programs. Confident in delivering revenue targets, CMS anticipates upper-half performance in its revenue target range of Rs 2,500-2,700 crore for fiscal 2025.

The Better Business Bureau has shared their annual Scam Tracker report with a list of the top 10 scams of 2023.

Indebtedness defendants often get their wages garnished, bank accounts cleared, and homes and cars taken away. The culmination is often bankruptcy.

Photo Illustration by Erin O’Flynn/The Daily Beast/Getty ImagesYou want to know how racist artificial intelligence can be? In 2021, a facial recognition system included a photograph of Michael B. Jordan, the internationally famous black American film star, among a lineup of suspected gunmen in a Brazilian mass shooting.Back home in the states, since 2020, facial recognition systems have led to wrongful arrests of four people—and you’re right if you guessed they all had two things in common with

The total number of debt collections on credit reports dropped by 33% from 261 million in 2018 to 175 million in 2022.