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Interview: Marc Schillinger, CEO eCollect AG for the series “Next big think” by fintechcube. Jan. 20, 2021 Marc Schillinger has been working in the financial services industry for more than 20 years. Before he stepped in as a CEO and Co-Founder of eCollect, he spent five years on the board of the Lowell Group — the second largest debt collection company in Europe — with a turnover of around one billion euros. For over 15 years at Lowell, Marc was responsible for sales, business and corporate development in eleven countries. During his time, the company was sold several times and…


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Recent technological developments and business models will drastically change the way people get from one place to another. CASE megatrends (connected, autonomous, shared and electric) will have a significant development within the coming years thanks to continued investments across the automotive industry. Based on this, several assumptions can be made —

All types of vehicles will be available to more people and payments of transportation will be less expensive and more efficient.

Commuting will be more connected, allowing people to use several different methods of transportation during a single journey. This will be done through fewer payment points and a…


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People and businesses need more than ever a trusted partner to ensure economic stability and to deal with the current adverse social consequences. Undoubtedly, overdue payments are a sensitive issue, which needs to be handled with strict professionalism and social responsibility.

Therefore, unlike traditional debt collection agencies, fintech debt collectors plan across multiple horizons and have successfully managed to tailor the industry in favor of the business and the people. Just to name a few, here are five reasons why fintech debt collectors are really cool guys.

💬 1. They master omnichannel communication


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COVID-19 has swiftly impacted our world in more ways than we can imagine. It has quickly affected the world’s health sectors, all-sized businesses, and tourism, but furthermore, even basic business functions such as the collection and payments of account receivables for companies. Businesses are currently experiencing large delays in account receivable functions and are struggling to find plausible solutions to this issue. The hit to their balance sheets paired with manual, outdated receivables processes has resulted in corporations struggling with decreased earning and trapped liquidity.

Though in the past accounts receivables have largely been overlooked, the current situation has brought…


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“The Future of Invoicing” is a course of articles focusing on technological innovations that are reshaping the way we perceive and carry out invoicing. The first article in the series showed that the invoicing process is only one small part of a bigger whole, known as ‘receivables management’ and emphasized the tremendous role of technology-driven receivables management platforms for creating a cheap, slick and extremely powerful process, which is far less vulnerable to human error.

In the second take, we’d like to concentrate on another fascinating innovation called ‘Code-driven compliance’ and its importance for the future of invoicing.

International Compliance…


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Invoicing has changed drastically from what it once was. Gone are the days of paper invoicing and cheques as we’ve shifted to digital invoices that can directly be paid online. Thanks to the advancement of technology, all things are becoming simpler and this is no different in regards to invoicing. However, what does the future truly hold for invoicing and where are invoicing trends headed?

For starters, technology will continue to shape the way payments are requested and made. Digital processes will make paper invoices obsolete, bills will be generated quickly and payment options will be integrated within invoices. Furthermore…


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(Image: eCollect®)

As more and more Internet web- and cloud-based software started to appear, software developers were put to a distinctive challenge — how to make their digital services easy to communicate with and be development-friendly to other software platforms and frameworks?

The distributed nature of a cloud software requires intensive communication between applications that are scattered on different hosts (servers) and are interconnected by the TCP/IP and HTTP protocols of the world network. This communication is essential for all websites, web portals and mobile apps which send (submit) and receive (fetch) data to and from the cloud/web services. And while the…


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(Image: eCollect®)

When the popularity of JSON grew amongst developers they started to face a problem. The issue was how to make sure the objects that are serialised in this new text format in one application can be then properly de-serialised in any other application. The different software solutions can use very different programming tools and languages thus the parser implementations and data transformations can vary significantly between these. The problem is not new and it has been apparent with all text-based data formats (for example the XML). The solution with XML was to introduce a special superset of XML tags that…


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(Image: eCollect®)

As it stands for JavaScript Object Notation the JSON quickly became a buzzword in the Internet and cloud-based software world due to its simplicity and human readable text form. The use of such notation is a natural evolution of the JavaScript (JS) scripting/programming language because of its Object-Oriented Programming paradigm that places the object as a basic building block of the software code. An object is the encapsulated container where relevant data and the functions to handle that data are kept in the same logical “code-spot”.

Objects, code, and serialisation

The objects consist of data (attributes) and methods (functions) and the data in the…


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The term “corporate culture” is not entirely new. The first thorough scientific researches have been made in the early '80s. However, the highly dynamical social and technological environment on the one hand and the complexity in organisation in modern societies on the other, attracts attention to every aspect of a start-up’s development process, not only in terms of technical development but also in terms of organisational culture. This is why the interest for the effects and the impact of the corporate culture on the success of a company is gaining momentum again.

There are countless examples of excellent ideas thereafter…

eCollect

Europe’s leading receivables management platform

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