#UAE Debt Collection Market Size

[harshitasoni]

Competing Wisely: Top Players in UAE Debt Collection Market

Compete wisely in the UAE Debt Collection Market by understanding the strategies of top players. Gain insights into the competitive landscape, market shares, and innovative approaches. Stay informed about the tactics that set leaders apart in this dynamic and evolving industry.

[kenresearch1]

UAE Debt Collection Market is Expected to Reach More Than AED 5Bn by 2027 Owing to Rise in digital collection techniques and Improvement in UAE legal system related to debt collection, bankruptcy and insolvency: Ken Research

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UAE Debt Collection Market Ecosystem

Tahseel, First Solution Management Service are the market leaders in UAE Debt Collection Market; the market is highly fragmented consisting of many players. The UAE Debt Collection Market is composed of many players which are operating across the borders and not just within the UAE.

 Key Market Findings:

Digital collections are being extensively used which leverages analytics to make the process more

Collection agents are being trained to equip them with latest technology and to adept them to various consumer situations for providing more feasible solutions.

The industry is slowly becoming more customer-centric in its approach.

Interested to Know More about this Report, Request for a sample report

IT Policies and Proper Documentation: Companies are maintaining proper documentation and proof for all debt provided by them to corporates and individuals. This makes it much easier for debt collection agencies to recover the debt in case of a default both amicably and legally as well through payment order method. Collection companies which provide settlement plans to debtors have start taking post-dated cheques as a proof for future payment. Changing IT policies require companies to maintain complete confidentiality of client information due to threat of data breach. All this factors will provide more growth to collection industry.

Emphasis on NLP Techniques: Collection agencies are extensively using various speech analytics tools to record and analyse customer conversations. This enables to maintain security and gain insights into client expectations. In addition, the information gathered can further be used for training of employees adapting them to different situations while negotiating and hence, improving their performance which would act as a key growth driver for debt collection companies.

Favorable Changes in UAE Legal System: The new legal system at UAE makes it possible to recover debts via court in merely within 7 days if all the documents are readily available. The new Bankruptcy law also provides safety for debtors and changes the shape of debt collection industry. Ultimately, act as catalysts for the industry.

Analysts at Ken Research in their latest publication- “UAE Debt Collection Market Outlook to 2027- Characterized by fierce competition and high growth prospects” by Ken Research provides a comprehensive analysis of the potential of the debt collection market in UAE. Rise in digital collection techniques and increasing use of AI and ML for recovery predictions are expected to contribute to the market growth over the forecast period.

UAE debt collection market is expected to grow at a robust CAGR over the forecasted period 2022-2027.

Key Segments Covered

Segmentation by Segment

Non-Finance

Finance

Insurance

Segmentation by Type of Firm

Debt Collection Agency

Law Firm

Segmentation by Age of Firm:

0 to 10 yrs

10 to 20 yrs

20 to 30 yrs

Segmentation by Geographical Presence

Abu Dhabi

Dubai

Fujairah

Sharjah

Ajman

Umm Al-Quwain

Ras Al-Khaimah

Sub-segmentation of insurance segment & financing segment

Sub-segmentation of insurance segment:

Motor & Transportation

Property/Fire

Liability & Others

Sub-segmentation of financing segment:

Real State

Personal

Financial institution

Services

Manufacturing

Trade

Others

Visit this Link :- Request for custom report

Key Target Audience

Existing Debt Collection Companies

Law Firms

Financing Companies

Non-Financing Companies

Insurance Companies

Debt Collection & Management software providers

Government Agencies

Finance Consultants

Others

Time Period Captured in the Report:

Historical Period: 2017-2022

Base Year: 2022

Forecast Period: 2022–2027

Companies Covered:

SUPPLY SIDE:

Debt Collection Companies

Tahseel

CMS

Aman Debt Collection

First Solution

Credit Recovery

AW Holding

Bilkish

Derby Group of Companies

Alpha Debt Collection

Fort Equity

Quick Action

ATDC

com

ALQADA

Law firms/Debt Collection

Taswiyeh

ASKTHELAW

HHS LAWYERS

DUBAI DEBT RECOVERY

STA

AE

AL ROWAAD

AL SAFAR

BIN EID

Regulatory Bodies and Judiciary

Central Bank of the UAE

Judicial Department

DEMAND SIDE:

Insurance companies

Etihad Credit Insuranc

Atradiuse

CIGNA

COFACE

PACIFIC PRIME

MetLIFE

ACE

Emirates RE

Financing companies

Emirates NBD

ADCB

DUBAI FIRST

Mashreq

Commercial Bank of Dubai

Dubai Islamic Bank

HSBC

RAKBANK

ADIB

FAB

CITYBANK

Non-Finance companies

Etisalat

Emircom

Etihad Water and Electricity

Abu Dhabi Distribution Companies

Emaar

Nakheel

Lufthansa

Choithrams

Asian Paints

Majid UL Futaim

Naseej

Key Topics Covered in the Report                            

Global Debt Collection Market Overview

Ecosystem of UAE Debt Collection Market – Demand and Supply Side

Value Chain Analysis – Amicable Settlement and Litigation Settlement

Market Size and Segmentation of Debt Collection Industry in UAE, 2017-2022

UAE Debt Collection Market Industry Analysis

Software used in UAE Debt Collection Market

Market Shares of Major Debt Collection Companies in UAE on the basis of Debt Collected, 2022

Competitive Analysis

Future Outlook and Projections, 2022-2027

For More Insights On Market Intelligence, Refer to the Link Below: –

UAE Debt Collection Market Outlook to 2027

Related Reports by Ken Research: –

KSA Debt Collection Market Outlook to FY’2026

[aealqada]

debt collection agency in dubai, debt collection agency dubai

Title: Effective Debt Collection Strategies: Ensuring Financial Stability in the UAE

In today's competitive business landscape, maintaining healthy cash flow is paramount to the success and sustainability of any enterprise. However, managing accounts receivables can often be a challenging task, particularly in a dynamic market like the UAE. At Al Qada Law Firm, we understand the complexities of debt collection and offer comprehensive Accounts Receivables Management services tailored to meet the unique needs of businesses across the UAE.

Navigating the Debt Collection Landscape:

The process of debt collection requires a delicate balance of assertiveness and professionalism. Our team of experienced lawyers specializes in navigating the legal complexities of debt recovery, ensuring that our clients receive what they are rightfully owed while upholding the highest ethical standards.

Key Components of Our Accounts Receivables Management Services:

Legal Expertise: With a deep understanding of UAE laws and regulations governing debt collection, our lawyers are well-equipped to handle a wide range of debt recovery matters. Whether you're dealing with overdue invoices, unpaid loans, or outstanding contractual obligations, we provide expert legal guidance every step of the way.

Customized Solutions: We recognize that every case is unique, and there is no one-size-fits-all approach to debt collection. That's why we take the time to understand the specific circumstances surrounding each debt, developing customized strategies to maximize recovery while minimizing legal risk.

Timely Action: In the realm of debt collection, time is of the essence. Our proactive approach ensures swift action to address delinquent accounts, increasing the likelihood of successful recovery. From initial demand letters to negotiating settlement agreements, we prioritize efficiency and effectiveness in all our endeavors.

Transparent Communication: We believe in fostering open and transparent communication with our clients throughout the debt collection process. Our team provides regular updates on the status of each case, ensuring that our clients are fully informed and empowered to make informed decisions.

Ethical Practices: At Al Qada Law Firm, we adhere to the highest ethical standards in all our interactions. We treat debtors with respect and professionalism, striving to resolve disputes amicably whenever possible while always advocating for our clients' best interests.

Why Choose Al Qada Law Firm for Your Accounts Receivables Management Needs?

Proven Track Record: With a history of successful debt recovery cases, we have earned a reputation for delivering results.

Client-Centric Approach: Your satisfaction is our top priority, and we are committed to providing personalized attention and exceptional service.

Cost-Effective Solutions: We understand the importance of managing costs, and we offer competitive pricing without compromising on quality.

Don't let unpaid debts jeopardize your financial stability. Partner with Al Qada Law Firm for effective Accounts Receivables Management solutions tailored to your needs. Contact us today to learn more about how we can help you recover what you're owed and safeguard your business's future.

[research-on-future]

Debt Collection Software Market Future Developments, Companies, Trends, Share and Size Forecast

ReportsnReports has uploaded a latest report on Debt Collection Software Industry from its research database.  Debt Collection Software Market is segmented by Regions/Countries. All the key market aspects that influence the Debt Collection Software Market currently and will have an impact on it have been assessed and propounded in the Debt Collection Software Market research status and development trends reviewed in the new report.

 The new tactics of Debt Collection Software Industry report offers a comprehensive market breakdown on the basis of value, volume, CAGR, and Y-o-Y growth. For business robust expansion, the report suggests new tools and technology development will drive to boom in the near future by 2027. The Debt Collection Software Market report provides a comprehensive outline of Invention, Industry Requirement, technology and production analysis considering major factors such as revenue, investments and business growth.

 Download Sample Research at https://www.reportsnreports.com/contacts/requestsample.aspx?name=4610593

 Debt Collection Software Market Regional Analysis –

USA

Canada  

Germany  

France  

UK

Italy  

Russia  

China  

Japan  

South Korea

India  

Australia  

Turkey  

Saudi Arabia  

UAE  

Mexico  

Brazil

 Next, learn how to build the strategy and business case to implement. Learn about Debt Collection Software Market and how it can provide value to your business. In this market, you will find the competitive scenario of the major market players focusing on their sales revenue, customer demands, company profile, import/export scenario, business strategies that will help the emerging market segments in making major business decisions. This report also studies the market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

 Debt Collection Software Industry discovers diverse topics such as regional market scope, product-market various applications, market size according to a specific product, Debt Collection Software Market sales and revenue by region, manufacturing cost analysis, industrial chain, market effect factors Analysis, and more.

 Market segment by Type, the product can be split into:

Cloud-Based On-Premise

 Market segment by End Users, split into:

Collection Agencies Finance Companies Retail Firms Law Firms & Government Departments Others

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 Debt Collection Software Market Analysis

In the competitive analysis section of the report, leading as well as prominent players of the Debt Collection Software market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2021. It also offers detailed analysis supported by reliable statistics on price and revenue (Global level) by player for the period 2015-2021.

 The Major Key Players in the Market:

Experian FIS CGI Transunion CollectOne (CDS Software) Comtronic Systems Quantrax Corp CollectPlus (ICCO) Comtech Systems Codix Katabat Decca Software Codewell Software Adtec Software JST CollectMax Indigo Cloud Pamar Systems TrioSoft InterProse Cogent (AgreeYa) Kuhlekt Lariat Software Case Master

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[jupiterbusinessmentors]

Survival techniques, Do’s and Dont’s from Business Mentors for SMEs can adopt during CoronaVirus Crisis

70% of businesses in Dubai expect to close their doors within the next six months because of the coronavirus pandemic – this was  a prediction based on a Dubai Chamber of Commerce survey. A staggering number no doubt and to manage the economic impact of this the Dubai government has promised an AED 1.5 billion economic stimulus package over a period of time. For SME business owners, as the private sector this may provide some relief but, there the question of what can be done to beat the odds and come out winners persists.

We interacted with Business and leadership mentoring consultants & entrepreneurs, to help businesses reboot their processes to make it through this difficult period successfully.

What are some short-term survival techniques SMEs can adopt at this time?

 1. Lowering expenses, cutting down on costs, going lean, extending payment terms, and debt collections are standard advice

2. Focus on what strategies, products, and services that have worked previously and intensify them. 3. Look at areas of strength and redeploy them towards new applications, audiences, clients, and markets

4. In a moment of crisis, needs become far more important than wants, and being flexible means identifying customer problems and addressing them in the best way possible.

5. To facilitate solutions, support others, collaborate and find partners globally to get the work done.

What should SMEs be doing to ensure long-term gains?

1. Businesses need to be looking beyond a traditional one-size-fits-all-approach when coming out from the current crisis. Companies need to create product value whilst keeping pricing right.

2. Develop the digital side of the business and fast, so that their offerings, services, and products are more accessible.

3. Embrace technology and learn about the opportunities and the future of the market you are operating in.

4. Increase your presence online by creating useful and valuable digital marketing content to share with customers.

5. Redefine your mission, values and direction to create a new inspiring story.

6. Be self-aware, practice a nimble mindset and create an environment of continuous learning, change and innovation. 

7. Measure what really matters through tools like OKRs and ensure re-skilling, resilience and collaboration between leaders and team members.

8. Engage the best talents and experts, full time or part-time, to foster partnerships based on strengths and complimenting skill sets.

Is there something that SMEs should avoid doing right now?

1. Do not blindly cut down employees as a knee jerk reaction

2. People are not a cost but a bridge between where your business is today and where you want it to be tomorrow.

3. Pay attention to the emotional needs of employees by addressing job insecurities and offering support.

4. Avoid procrastination and invest in the growth and development of businesses.

5. Now, more than ever, so many services, trainings, and software, are cheaper and more accessible thanks to the world going digital in a big way.

6. Revamp your systems, operations, and processes to make way for better productivity and lower cost implications

7. Rethinking strategies, reviewing targets and budgets to focus on deliverable services and products.

8. Don’t take undue risks or take on too many things together, focus on what works best for your survival and future growth.

9. Cutting costs where feasible and avoid overspending.

10. Avoid procrastination and instead invest in the growth and development of businesses.

11. Rethink strategies, review targets and budgets to focus on deliverable services and products. 

12. Avoid waiting and reverting to what was your previous normal. There might not be much movement in the market, it doesn’t mean you stop. There is always something to do.

Whether you are an individual or a corporate enterprise, you can benefit from business mentoring, financial advice, and risk management consulting to help you reboot and take you through a post-pandemic revival.

 About Author : Jupiter Business Mentors (JBM) is a platform dedicated to fostering the start-up community and small & medium business enterprises with an access to experienced executives and industry experts from various areas of business, in the UAE and across the Middle East region, with plans in pipeline to have global mentors listed on the platform. You can reach us on jupiterbusinessmentors.com

[businessertreter]

Rapid Growth Of Debt Collection Management Software Market Is Projected To Grow High CAGR Till 2028 | Experian, CDS Software, Comtronic Systems

The recent research report on the Global Debt Collection Management Software Market 2022-2028 explains current market trends, possible growth rate, differentiable industry strategies, future prospects, significant players and their profiles, regional analysis, and industry shares as well as forecast details. The detail study offers a wide range of considerable information that also highlights the importance of the foremost parameters of the world Debt Collection Management Software market.

Market Is Expected to Reach Rise At A CAGR Of 10% During The Forecast Period

(Exclusive Offer: Flat 30% discount on this report)

Click Here to Get Free Sample PDF Copy of Latest Research on Debt Collection Management Software Market 2022 Before Purchase:

https://www.theresearchinsights.com/request_sample.php?id=489518&mode=V004

Top Key Players are covered in this report:

Experian, CDS Software, Comtronic Systems, Quantrax Corp, ICCO, Totality Software, Comtech Systems, CODIX, SeikoSoft, Decca Software, Collect Tech, Click Notices, Codewell Software, SPN, Adtec Software, JST, Indigo Cloud, Pamar Systems, CollectMORE, Kuhlekt, Lariat Software, Case Master, TrioSoft, LegalSoft

On the Basis of Product, the Debt Collection Management Software Market Is Primarily Split Into

·         On-Premises

·            Cloud Based

On the Basis of End Users/Application, This Report Covers

·         Collection Agencies

·            Finance Companies

·            Retail Firms

·            Law Firms & Government Departments

·            Others

·          

The regions are further sub-divided into:

-North America (NA) – US, Canada, and Mexico

-Europe (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of Europe

-Asia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APAC

-Latin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin America

-The Middle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South Africa

Major Highlights of the Debt Collection Management Software Market report study:

·         A detailed look at the global Debt Collection Management Software Industry

·         The report analyzes the global Debt Collection Management Software market and provides its stakeholders with significant actionable insights

·         The report has considered all the major developments in the recent past, helping the users of the report with recent industry updates

·         The report study is expected to help the key decision-makers in the industry to assist them in the decision-making process

·         The study includes data on Debt Collection Management Software market intelligence, changing market dynamics, current and expected market trends, etc.

·         The report comprises an in-depth analysis of macroeconomic and microeconomic factors affecting the global Debt Collection Management Software market

·         Market Ecosystem and adoption across market regions

·         Major trends shaping the global Debt Collection Management Software market

·         Historical and forecast size of the Debt Collection Management Software market in terms of Revenue (USD Million)

SPECIAL OFFER: AVAIL UP TO 30% DISCOUNT ON THIS REPORT:

https://www.theresearchinsights.com/ask_for_discount.php?id=489518&mode=V004

Market Segment Analysis:

The Debt Collection Management Software Report provides a primary review of the industry along with definitions, classifications, and enterprise chain shape. Market analysis is furnished for the worldwide markets which include improvement tendencies, hostile view evaluation, and key regions development. Development policies and plans are discussed in addition to manufacturing strategies and fee systems are also analyzed. This file additionally states import/export consumption, supply and demand, charge, sales and gross margins.

Browse Full Report at:

https://www.theresearchinsights.com/reports/global-debt-collection-management-software-market-growth-2022-2028-489518?mode=V004

The Research covers the following objectives:

– To study and analyze the Global Debt Collection Management Software consumption by key regions/countries, product type and application, history data from 2016 to 2022, and forecast to 2026.

– To understand the structure of Debt Collection Management Software by identifying its various sub-segments.

– Focuses on the key global Debt Collection Management Software manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, Porter’s five forces analysis, SWOT analysis and development plans in the next few years.

– To analyze the Debt Collection Management Software with respect to individual growth trends, future prospects, and their contribution to the total market.

– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

– To project the consumption of Debt Collection Management Software submarkets, with respect to key regions (along with their respective key countries).

Report Customization:

Debt Collection Management Software, the report can be customized according to your business requirements as we recognize what our clients want, we have extended 25% customization at no additional cost to all our clients for any of our syndicated reports.

In addition to customization of our reports, we also offer fully tailored research solutions to our clients in all industries we track.

Our research and insights help our clients in identifying compatible business partners.

Note: All of the reports that we list have been tracking the impact of COVID-19 on the market. In doing this, both the upstream and downstream flow of the entire supply chain has been taken into account. In addition, where possible we will provide an additional COVID-19 update report/supplement to the report in Q3, please check with the sales team.

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[vivekbajaj-grs]

Global Debt Recovery Solution Market Size, Status and Forecast 2021-2027

Market Analysis and Insights: Global Debt Recovery Solution Market

The global Debt Recovery Solution market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Debt Recovery Solution market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Debt Recovery Solution market in terms of revenue.

Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-debt-recovery-solution-2021-2027-974

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Debt Recovery Solution market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Debt Recovery Solution market.

Global Debt Recovery Solution Scope and Market Size

Debt Recovery Solution market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Debt Recovery Solution market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type

On-Premise

Cloud-Based

Segment by Application

Collection Agencies

Finance Companies

Retail Firms

Law Firms & Government Departments

Others

By Region

North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Nordic

Rest of Europe

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

By Company

SPN

Adtec Software

JST

Indigo Cloud

Pamar Systems

CollectMORE

Kuhlekt

Lariat Software

Case Master

TrioSoft

LegalSoft

Experian

CDS Software

Comtronic Systems

Quantrax Corp

ICCO

Totality Software

Comtech Systems

CODIX

SeikoSoft

Decca Software

Collect Tech

Click Notices

Codewell Software

Get the Complete Report & TOC @ https://www.grandresearchstore.com/ict-and-media/global-debt-recovery-solution-2021-2027-974

Table of content

1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global Debt Recovery Solution Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 On-Premise 1.2.3 Cloud-Based 1.3 Market by Application 1.3.1 Global Debt Recovery Solution Market Share by Application: 2016 VS 2021 VS 2027 1.3.2 Collection Agencies 1.3.3 Finance Companies 1.3.4 Retail Firms 1.3.5 Law Firms & Government Departments 1.3.6 Others 1.4 Study Objectives 1.5 Years Considered 2 Global Growth Trends 2.1 Global Debt Recovery Solution Market Perspective (2016-2027) 2.2 Debt Recovery Solution Growth Trends by Regions 2.2.1 Debt Recovery Solution Market Size by Regions: 2016 VS 2021 VS 2027 2.2.2 Debt Recovery Solution Historic Market Share by Regions (2016-2021) 2.2.3 Debt Recovery Solution Forecasted Market Size by Regions (2022-2027) 2.3 Debt Recovery Solution Industry Dynamic 2.3.1 Debt Recovery Solution Market Trends 2.3.2 Debt Recovery Solution Market Drivers 2.3.3 Debt Recovery Solution Market Challenges 2.3.4 Debt Recovery Solution Market Restraints 3 Competition Landscape by Key Players 3.1 Global Top Debt Recovery Solution Players by Revenue 3.1.1 Global Top Debt Recovery Solution Players by Revenue (2016-2021) 3.1.2 Global Debt Recovery Solution Revenue Market Share by Players

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[wiseguysreport]

Telecom Billing Software  Middle East and Africa Market Research Report 2021-2028.

Telecom Billing Software is a group of processes of billing service providers that are responsible to collect consumption data, calculate charging and billing information, produce bills to customers, process their payments and manage debt collection. This report elaborates the market size, market characteristics, and market growth of the Telecom Billing Software industry, and breaks down according to the type, application, and consumption area of Telecom Billing Software. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. Also read  :http://www.marketwatch.com/story/telecom-billing-software-market-research-report-with-size-share-value-cagr-outlook-analysis-latest-updates-data-and-news-forecast-to-2020-2025-2021-07-12 In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Telecom Billing Software in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19. In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy. Key players in the global Telecom Billing Software market covered in Chapter 13: NEC Corporation SAP Amdocs Hewlett-Packard (HP) Oracle Huawei Technologies Accenture CSG International Ericsson Alcatel-Lucent In Chapter 6, on the basis of types, the Telecom Billing Software market from 2015 to 2025 is primarily split into: Cloud Based On-Premises In Chapter 7, on the basis of applications, the Telecom Billing Software market from 2015 to 2025 covers: Small and Medium Size Enterprises (SMEs) Large Enterprises Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5: United States Europe China Also read  :http://www.marketwatch.com/story/2020-2025-global-4g-5g-telematics-control-unit-market-research-report-with-size-share-valuecagroutlook-analysislatest-updates-data-and-news-2021-2026-2021-07-17 Japan India Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12: North America (Covered in Chapter 8) United States Canada Mexico Europe (Covered in Chapter 9) Germany UK France Italy Spain Others Asia-Pacific (Covered in Chapter 10) China Japan India South Korea Southeast Asia Others Middle East and Africa (Covered in Chapter 11) Saudi Arabia UAE South Africa Others South America (Covered in Chapter 12) Brazil Others Years considered for this report: Historical Years: 2015-2019 Base Year: 2019 Estimated Year: 2020 Forecast Period: 2020-2025 Also read  :http://www.marketwatch.com/story/procedure-trays-market-research-report-wi-th-size-share-value-cagr-outlook-analysis-latest-updates-data-and-news-2021-2028-2021-07-16 TABLE OF CONTENTS: 1 Telecom Billing Software Market - Research Scope 1.1 Study Goals 1.2 Market Definition and Scope 1.3 Key Market Segments 1.4 Study and Forecasting Years 2 Telecom Billing Software Market - Research Methodology 2.1 Methodology 2.2 Research Data Source 2.2.1 Secondary Data 2.2.2 Primary Data 2.2.3 Market Size Estimation 2.2.4 Legal Disclaimer 3 Telecom Billing Software Market Forces 3.1 Global Telecom Billing Software Market Size 3.2 Top Impacting Factors (PESTEL Analysis) 3.2.1 Political Factors 3.2.2 Economic Factors 3.2.3 Social Factors 3.2.4 Technological Factors 3.2.5 Environmental Factors 3.2.6 Legal Factors 3.3 Industry Trend Analysis 3.4 Industry Trends Under COVID-19 3.4.1 Risk Assessment on COVID-19 3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry 3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario 3.5 Industry Risk Assessment 4 Telecom Billing Software Market - By Geography 4.1 Global Telecom Billing Software Market Value and Market Share by Regions 4.1.1 Global Telecom Billing Software Value ($) by Region (2015-2020) 4.1.2 Global Telecom Billing Software Value Market Share by Regions (2015-2020) 4.2 Global Telecom Billing Software Market Production and Market Share by Major Countries 4.2.1 Global Telecom Billing Software Production by Major Countries (2015-2020) 4.2.2 Global Telecom Billing Software Production Market Share by Major Countries (2015-2020) 4.3 Global Telecom Billing Software Market Consumption and Market Share by Regions 4.3.1 Global Telecom Billing Software Consumption by Regions (2015-2020) 4.3.2 Global Telecom Billing Software Consumption Market Share by Regions (2015-2020) 5 Telecom Billing Software Market - By Trade Statistics 5.1 Global Telecom Billing Software Export and Import 5.2 United States Telecom Billing Software Export and Import (2015-2020) 5.3 Europe Telecom Billing Software Export and Import (2015-2020) 5.4 China Telecom Billing Software Export and Import (2015-2020) 5.5 Japan Telecom Billing Software Export and Import (2015-2020) 5.6 India Telecom Billing Software Export and Import (2015-2020) 5.7 ... 6 Telecom Billing Software Market - By Type 6.1 Global Telecom Billing Software Production and Market Share by Types (2015-2020) 6.1.1 Global Telecom Billing Software Production by Types (2015-2020) 6.1.2 Global Telecom Billing Software Production Market Share by Types (2015-2020) 6.2 Global Telecom Billing Software Value and Market Share by Types (2015-2020) 6.2.1 Global Telecom Billing Software Value by Types (2015-2020) 6.2.2 Global Telecom Billing Software Value Market Share by Types (2015-2020) 6.3 Global Telecom Billing Software Production, Price and Growth Rate of Cloud Based (2015-2020) 6.4 Global Telecom Billing Software Production, Price and Growth Rate of On-Premises (2015-2020) 7 Telecom Billing Software Market - By Application 7.1 Global Telecom Billing Software Consumption and Market Share by Applications (2015-2020) 7.1.1 Global Telecom Billing Software Consumption by Applications (2015-2020) 7.1.2 Global Telecom Billing Software Consumption Market Share by Applications (2015-2020) 7.2 Global Telecom Billing Software Consumption and Growth Rate of Small and Medium Size Enterprises (SMEs) (2015-2020) 7.3 Global Telecom Billing Software Consumption and Growth Rate of Large Enterprises (2015-2020) 8 North America Telecom Billing Software Market 8.1 North America Telecom Billing Software Market Size 8.2 United States Telecom Billing Software Market Size 8.3 Canada Telecom Billing Software Market Size 8.4 Mexico Telecom Billing Software Market Size 8.5 The Influence of COVID-19 on North America Market 9 Europe Telecom Billing Software Market Analysis 9.1 Europe Telecom Billing Software Market Size 9.2 Germany Telecom Billing Software Market Size 9.3 United Kingdom Telecom Billing Software Market Size 9.4 France Telecom Billing Software Market Size 9.5 Italy Telecom Billing Software Market Size 9.6 Spain Telecom Billing Software Market Size 9.7 The Influence of COVID-19 on Europe Market ….continued Contact Details: NORAH TRENT                                                       sales@wiseguyreports.com       Ph: +162-825-80070 (US)                           Ph: +44 2035002763 (UK) 971 0503084105

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Saturday, July 24, 2021

Virus’s impact (AP) The eruption of COVID-19 last year caused the proportion of people working from home in the U.S. to nearly double. The share of employed people working from home shot up from just 22% in 2019 to 42% in 2020, the Labor Department said Thursday. That was among the striking findings of an annual government survey that documents the far-reaching impact the viral pandemic has had on Americans’ everyday lives since it struck in March of last year. Because of the pandemic and the widespread social distancing it required, people on average spent more time last year sleeping, watching TV, playing games, using a computer and relaxing and thinking—and less time socializing and communicating in person—than in 2019. Adults also spent more hours, on average, caring for children in their household. The survey also lends support to concerns that the pandemic worsened isolation for millions of Americans. With people working from home or attending school online, the time they spent alone increased. Among Americans ages 15 and over, time spent alone each day increased by an average of an hour. For those ages 15 to 19, it rose 1.7 hours per day.

Medical debt (NYT) A new study put the amount of unpaid medical bills held by collection agencies at $140 billion last year, up from $81 billion according to a similar analysis carried out in 2016. The analysis looked at 10 percent of all TransUnion credit reports and found that about 18 percent of Americans have medical debt that has been sent to collections. Over the period from 2009 to 2020, the largest source of debt owed to collection agencies became medical debt. The $140 billion, to be clear, is not an estimate of medical debt; that figure is far higher, as the $140 billion is merely the debt that has been passed along to the vultures.

Crews make progress on huge Oregon blaze (AP) The nation’s largest wildfire raged through southern Oregon on Friday but crews were scaling back some night operations as hard work and weaker winds helped reduce the spread of flames even as wildfires continued to threaten homes in neighboring California. The Bootleg Fire, which has destroyed an area half the size of Rhode Island, was 40% surrounded after burning some 70 homes, mainly cabins, fire officials said. The fire, which was sparked by lightning, had been expanding by up to 4 miles (6 kilometers) a day, pushed by strong winds and critically dry weather.

Thousands of bullets have been fired in this D.C. neighborhood (Washington Post) Markeith Muskelly, a barber who has spent half his 52 years cutting hair in Southeast Washington, has seen people get shot on the street outside the shop where he works. Last fall, he saw a man die there. The shop is tucked into a corner of the Benco Shopping Center, a mainstay in the Marshall Heights neighborhood for six decades. Its plate-glass window has long offered a view of one of the most dangerous streets in the District. In the neighborhood where Muskelly works, gun violence has affected generations, bringing a sad realization that, for some, that the danger may never end. A Washington Post analysis shows that in a recent period of a little more than three years, crime scene technicians found 2,759 bullet casings—byproducts of shootings involving rifles, pistols and shotguns—in about a one-square-mile area that includes Benning Road in Marshall Heights, with Benco between them. Bullets have struck people, pockmarked parked cars, embedded in walls of homes and shattered windows of businesses filled with patrons. Patrol officers carry “quick clot gauze” used by troops in war.

Volunteers hunting for Mexico’s ‘disappeared’ become targets (AP) The mainly female volunteers who fan out across Mexico to hunt for the bodies of murdered relatives are themselves increasingly being killed, putting to the test the government’s promise to help them in their quest for a final shred of justice: a chance to mourn. Those who carry on the effort tell tales of long getting threats and being watched—presumably by the same people who murdered their sons, brothers and husbands. But now threats have given way to bullets in the heads of searchers who have proved far better than the authorities at ferreting out the clandestine burial and burning pits that number in the thousands. Two searchers have been slain the past two months. Fear has always accompanied the searchers. They go to wild, remote, abandoned places where terrible crimes have been committed. But up to now, they mostly shrugged it off.

Cuba’s communist authorities have long feared change. Street protests show the risk of resisting it. (Washington Post) On a farm not far from the town where Cuba’s protests first erupted this month, police investigators last summer carried out a major sting operation. Their target was not a dissident activist, but a dairyman nicknamed El Rey del Queso: The King of Cheese. His offense? Operating a clandestine factory that produced tire-sized hunks of cheese for private sale in Havana. Authorities arrested the King, confiscated hundreds of pounds of yellow queso and produced a news report about the bust on Cuban state television depicting him as a villain. Cuba’s communist authorities have for decades treated private entrepreneurs as a threat to be contained, not encouraged. Long after China and Vietnam embraced market reforms, using material prosperity to buttress authoritarian rule, Cuba has clung to an economic model based on centralized planning and state control. The July 11 protests that shook Cuba’s rulers showed that model might be their biggest vulnerability, as its weak foundation is further eroded by the decades-long U.S. embargo, additional Trump-era sanctions and now the coronavirus pandemic. The country’s economy contracted 11 percent last year, according to government data. Cubans are spending hours in lines to buy basic goods they can barely afford. Hospitals have been overwhelmed by covid patients, and medicine is scarce. Power outages are turning stifling summer heat into an explosive fuse. “Unless the government makes profound changes, I think people will take to the streets again,” said Camilo Condis, a Cuban entrepreneur and business advocate.

Haiti leader’s slaying exposes role of ex-Colombian soldiers (AP) As the coronavirus pandemic squeezed Colombia, the Romero family was in need of money to pay the mortgage. Mauricio Romero Medina’s $790 a month pension as a retired soldier wasn’t going far. Then came a call offering a solution. When Romero answered the phone on June 2, another veteran, Duberney Capador, offered what he said was a legal, long-term job requiring only a passport. But Romero had to make a decision fast. “Talk about it with your family and if you are interested, see you tomorrow in Bogota, because the flight is the day after tomorrow,” Romero’s wife, Giovanna, told The Associated Press, recalling the conversation. A month later, Romero and Capador were dead and 18 Colombians were reportedly in custody, accused of taking part in the assassination of Haitian President Jovenel Moïse. It’s a case that dramatizes Colombia’s role as a recruiting ground for the global security industry—and its murkier, mercenary corners. Colombia’s Defense Ministry says about 10,600 soldiers retire each year, many highly trained warriors forged in a decades-long battle against leftist rebels and drug trafficking cartels. Many—including a number of those involved in Haiti—have been trained by the U.S. military. Those soldiers make up a pool of recruits for companies seeking a wide range of services—as consultants or bodyguards, in teams guarding Middle Eastern oil pipelines or as part of military-like private security in places like the United Arab Emirates and Afghanistan. The UAE paid Colombian veterans to join in the battle against Iranian-backed Houthi rebels in Yemen.

Italy makes health pass mandatory for many leisure activities, in bid to pressure the unvaccinated (Washington Post) Italy on Thursday significantly ramped up pressure on its unvaccinated population, announcing that a digital or printed health pass would be necessary for accessing a range of everyday leisure activities, from theaters to indoor dining. The decision puts Italy in a rare category along with France among Western nations that have been willing to leverage certain freedoms and equalities now that vaccines have become widely available. Italy is essentially betting that it can revive its slowing vaccination campaign—and avoid future, onerous restrictions—by creating heavy incentives for inoculation, in the kind of step that would be politically unthinkable in the United States. Italy is looking for ways to avoid a new round of closures and curfews. For now, every Italian region is “white”—meaning that life proceeds almost as normal, and people can stay out as late as they want. That has made for a joyful Italian summer.

‘Messy’ fight (Washington Post) KUNDUZ, Afghanistan—Around 3 a.m., a small team of elite special forces were halfway through an operation to retake a sliver of territory along the city’s northern edge when a police unit assisting them refused to advance. Hours later, the police fled, ceding the territory back to the Taliban. For weeks, the Afghan military has struggled to hold provincial capitals such as Kunduz after a surge of Taliban attacks that came as U.S. forces withdrew and U.S. air support dropped. Afghan ground forces are increasingly used to fill the void. Their capabilities are uneven, however, resulting in government advances that often rapidly evaporate. Experienced and motivated elite units are leading the battle to retake territory. But the troops called up to secure those gains—army, police and irregular fighters—often have little training and are less inclined to fight. First Lt. Abdullah Ansari, 30, led the elite unit retaking territory house by house in Kunduz earlier this month. He said the debacle on Kunduz’s northern edge made him miss working with U.S. troops. “Now everything is just messy,” he said.

Death rates soar in Southeast Asia as virus wave spreads (AP) Indonesia has converted nearly its entire oxygen production to medical use just to meet the demand from COVID-19 patients struggling to breathe. Overflowing hospitals in Malaysia had to resort to treating patients on the floor. And in Myanmar’s largest city, graveyard workers have been laboring day and night to keep up with the grim demand for new cremations and burials. Images of bodies burning in open-air pyres during the peak of the pandemic in India horrified the world in May, but in the last two weeks the three Southeast Asian nations have now all surpassed India’s peak per capita death rate as a new coronavirus wave, fueled by the virulent delta variant, tightens its grip on the region. The deaths have followed record numbers of new cases being reported in countries across the region which have left health care systems struggling to cope and governments scrambling to implement new restrictions to try to slow the spread.

Typhoon to bring heavy rains to Taiwan, China over weekend (AP) A typhoon is forecast to bring heavy rains to Taiwan and coastal China over the weekend, days after the worst flooding on record in a central Chinese province caused at least 51 deaths. Forecasters say Typhoon In-fa is moving toward China and expected to make landfall in Zhejiang province either Sunday afternoon or early Monday morning. Zhejiang’s bureau of emergency management said on its microblog Friday that it is raising its risk warning to the second-highest level and calling on all localities to take preventative measures. Those usually include recalling fishing boats to port and relocating people living in vulnerable coastal communities. Fujian province to the south has issued similar orders. On its current track, the eye of the typhoon is expected to pass north of Taiwan while still bringing considerable rain to the island.

[kenresearch1]

Rise in Digital Collection Techniques and Improvement in UAE Legal System Related to Debt Collection Will Boost UAE Debt Collection Market: Ken Research

1.Debt Collection Market in UAE expanded at a CAGR of 11.6% between 2017 and 2022

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The collection industry witnessed increasing growth rates right before and during the COVID-19 pandemic due to a sharp rise in NPL’s, use of technology like digital collection, speech analytics, predictive dialers etc. and rise in collection efforts by the agencies to sustain themselves in the market. The total number of cases settled by debt collection companies in UAE in 2022 stood at more than 200,000 growing at a CAGR of 11.6% from 2017. The Financing segment has the highest ticket size with non-finance being the lowest. There was a sudden increase in debt collected and cases settled in 2021 due to increased defaults in 2020 due to pandemic leading to more cases being outsourced and hence, companies improved upon their efforts to collect more debt over the next period.

2.Most of the Debt Collection Agencies and Law Firms have their presence in Abu Dhabi and Dubai.

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The majority of the collection agencies are based out of Abu Dhabi, Dubai and Ras Al-Khaimah accounting for more than 70% of the total market. This happens due to ease of legal structure in these emirates as compared to the others as they have their own local judicial systems and do not follow the federal judicial systems present in emirates like Sharjah, Ajman etc. Presence of free zones including DIFC in Dubai and ADGM in Abu Dhabi also acts as a incentive for companies to establish themselves in these regions due to benefits.

3.Pandemic-induced trend, a greater emphasis on NLP techniques and maintaining proper documentation are acting as key growth drivers.

Collection agencies are extensively using various speech analytics tools to record and analyse customer conversations. This enables to maintain security and gain insights into client expectations. The information gathered can further be used for training of employees adapting them to different situations while negotiating and hence, improving their performance which would act as a key growth driver for debt collection companies. In addition, companies are maintaining proper documentation and proof for all debt provided by them to corporates and individuals. This makes it much easier for Debt Collection agencies to recover the debt in case of a default both amicably and legally as well through payment order method. Collection companies which provide settlement plans to debtors have start taking post-dated cheques as a proof for future payment. Changing IT policies require companies to maintain complete confidentiality of client information due to threat of data breach. All this factors will provide more growth to collection industry. Moreover, Covid-19 made the public more aware about the existence of debt collection services which motivated them to fulfil their debt obligations. Pandemic also increased the number of default accounts bringing more business for collection agencies and inducing growth.

[aealqada]

debt collection dubai, dubai debt collection agency, debt collector in dubai

Title: Effective Debt Collection Strategies: Ensuring Financial Stability in the UAE

In today's competitive business landscape, maintaining healthy cash flow is paramount to the success and sustainability of any enterprise. However, managing accounts receivables can often be a challenging task, particularly in a dynamic market like the UAE. At Al Qada Law Firm, we understand the complexities of debt collection and offer comprehensive Accounts Receivables Management services tailored to meet the unique needs of businesses across the UAE.

Navigating the Debt Collection Landscape:

The process of debt collection requires a delicate balance of assertiveness and professionalism. Our team of experienced lawyers specializes in navigating the legal complexities of debt recovery, ensuring that our clients receive what they are rightfully owed while upholding the highest ethical standards.

Key Components of Our Accounts Receivables Management Services:

Legal Expertise: With a deep understanding of UAE laws and regulations governing debt collection, our lawyers are well-equipped to handle a wide range of debt recovery matters. Whether you're dealing with overdue invoices, unpaid loans, or outstanding contractual obligations, we provide expert legal guidance every step of the way.

Customized Solutions: We recognize that every case is unique, and there is no one-size-fits-all approach to debt collection. That's why we take the time to understand the specific circumstances surrounding each debt, developing customized strategies to maximize recovery while minimizing legal risk.

Timely Action: In the realm of debt collection, time is of the essence. Our proactive approach ensures swift action to address delinquent accounts, increasing the likelihood of successful recovery. From initial demand letters to negotiating settlement agreements, we prioritize efficiency and effectiveness in all our endeavors.

Transparent Communication: We believe in fostering open and transparent communication with our clients throughout the debt collection process. Our team provides regular updates on the status of each case, ensuring that our clients are fully informed and empowered to make informed decisions.

Ethical Practices: At Al Qada Law Firm, we adhere to the highest ethical standards in all our interactions. We treat debtors with respect and professionalism, striving to resolve disputes amicably whenever possible while always advocating for our clients' best interests.

Why Choose Al Qada Law Firm for Your Accounts Receivables Management Needs?

Proven Track Record: With a history of successful debt recovery cases, we have earned a reputation for delivering results.

Client-Centric Approach: Your satisfaction is our top priority, and we are committed to providing personalized attention and exceptional service.

Cost-Effective Solutions: We understand the importance of managing costs, and we offer competitive pricing without compromising on quality.

Don't let unpaid debts jeopardize your financial stability. Partner with Al Qada Law Firm for effective Accounts Receivables Management solutions tailored to your needs. Contact us today to learn more about how we can help you recover what you're owed and safeguard your business's future.

[vsplusonline]

When is the Government going to respond? Businesses look for assistance as coronavirus starts hurting

New Post has been published on https://apzweb.com/when-is-the-government-going-to-respond-businesses-look-for-assistance-as-coronavirus-starts-hurting/

When is the Government going to respond? Businesses look for assistance as coronavirus starts hurting

For millions of small businesses struggling with a slowing domestic demand over the last few quarters, the collapse of economic activities due to Covid 19 pandemic has raised existential questions. Small businesses now want the Government to be proactive in implementing relief measures and there is a growing chorus for the Government to come up with an assistance package to help ride the crisis.

With the situation changing by the day, much of the economy is coming to a grinding halt and businesses are now facing the brunt of a brutal virus that is ravaging nations across the world.

According to Rajiv Chawla Chairman, IamSMEofIndia from the third quarter of this fiscal, the business sentiment has been very bad and this quarter could be even worse. “The negative sentiment is likely to be extended to the first quarter of the new financial year,” says Chawla.

Chalwa says the biggest demand that MSMEs would have from the government is that since there may be a delay in interest and installment payments to the banks, banks should have the patience and not declare them NPAs. “Banks should give them more time to pay interest and installment without paying charges, treat them as regular accounts and allow them some grace period,” says Chawla.

Pankaj Gulati, COO- Continental Device India Ltd (CDIL), and ex-president Elcina, says such has been the disruption at the moment that most of the EU companies are not even discussing any business deals, and same is the condition of the companies in the US.

“I am surprised that while Governments the world over have so far taken drastic measures to keep businesses afloat, the Indian government has not done that much. This in terms of putting in funds, announcing a package, etc,” says Gulati. Countries, including the US, the UK and China have already unveiled plans that will see the Government rolling out billions of dollars to help businesses.

According to some, the Government can look at some of the international best practices. Some examples include Saudi Arabia unveiling a 50 billion riyal ($13.3bn) stimulus plan for small and medium sized businesses as the oil -rich Gulf States acts to support economies hit hard by Coronavirus. UAE’s decision on 14 March to launch a 100 billion Dirham ($27.2 billion) economic support package to assist corporate and retail banking clients was also aimed at providing relief to institutions affected by the impact of coronavirus.

Gulati says for the FY 2021, as support to the industry, the government should announce an income tax slab of 15%, which is already existing slab for new companies. “We demand that the slab should now be extended to all the companies. This will greatly help the MSMEs too,” says Gulati.

Gulati adds that some of the other things that the government could do is support EPF contributions for two quarters and as practiced elsewhere, there should be a 50% reduction in tariffs of facilities such as water, electricity etc. Then, an interest subvention of 5% on the working capital should also be allowed, because unless the industry gets some support on the borrowings, it’s not going to work out.

“However, if there is a lockdown declared, the Government should cover the salary cost of the workers. A lockdown can greatly hurt the country’s MSMEs that are already facing many issues,” says Gulati.

Chawla says the impact of Covid 19 is already very visible. “For a lot of businesses there is uncertainly around their ability to pay March and April’s salary to their workers. In my view, the market demand has been hit by at least 50%. With no buyers around, a big question mark hangs on the future of the MSMEs already in dire straits,” says Chawla.

Navigating GST One of the biggest help the Government can provide businesses say, is around taxation. We are in completely uncharted waters and the Goods and Services Tax is still a relatively new regime. Given the circumstances, some of the GST issues the MSMEs would face on account of Covid-19 are:

Impacts on Accounts Receivable – GST invoiced is due and must be paid regardless if you have received payment from customers.

Treatment of bad debts.

Cancellations or reduction of orders – Related tax invoicing and credit notes issues and tax accounting reconciliations etc.

Cancellation of reservations – Hospitality sector, would need to consider the correct GST treatment.

Change of time of services (with no change in fees etc.) – The time of supply rules for GST needs to be factored to avoid incorrect reporting.

iStock

Chawla says that when it comes to statutory payments, GST is one area that businesses would want the Government to be proactive. “ESIC has given 30 days extended grace period to deposit dues of Feb-March, which is now extended to 45 days. Like EPFO, we want the GST department to allow an extra grace period to MSMEs to deposit their dues,” says Chawla. He adds that, due to sudden disruption in working norms, e,g work from home, it has been very difficult to file any kind of returns in time, so the government should also extend the filing of all statutory returns by at least 60 days.

“Relaxations in filing requirements, waiver of penalties, late fees, GST rate reductions, speedy refunds are some of the indirect tax measures which the Government may contemplate to counter the ill effects of this pandemic,” said Harpreet Singh, Partner, KPMG India.

MS Mani, Partner, Deloitte India, however, prefers something more substantial. Mani says that while the Government has already taken various measures to make things easier for MSMEs since the introduction of GST, including hike in composition limit, making return frequency quarterly, lowering rates for many products etc. However, the problems faced by MSME may not be due to GST alone, but also due to liquidity crunch, NBFC issues, demand curtailment etc.

“Possibly, the GST law can have a completely separate chapter covering MSME – as the intention is to broaden the tax base by having them and not necessarily to collect additional taxes from them as their overall contribution to the GST collection kitty is very low,” says Mani.

Given the current context, Mani says depending on the nature of the offence that has led to fines and penalties, a benevolent dispensation can be provided to MSMEs. “While fines/penalties for serious offences including evasion etc, should not be waived, those related to procedural matters like delay in filings/payments etc could be accommodated,” says Mani.

Singh, however, says it could be a tough balancing act for the Government. “At one end they need to enhance revenue collections to provide stimulus to the economy and at the other, the industry is looking at relaxations and waivers on taxes to bolster the sentiments,” says Singh.

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FULL SPEECH: NAM1 officially speaks first time after arrest, return from Dubai

Good morning Ladies and Gentlemen of the Press. Thank you for coming to this event meant to provide you with the detailed state of our companies especially, what has bedeviled Menzgold for the past twelve months and the way forward. May I state humbly that, this communication is without Prejudice. First of all, let me start by praying the almighty God for grace today and to thank him gratefully as we count our many blessings. Let me also take the opportunity to thank the Government of Ghana; Ambassador of Ghana to the United Arab Emirates; His Excellency Alhaji Ahmed Ramadan, for the consular services extended to me during my eight months detention in Dubai. I thank the Ghana Police Service for the warm reception and the exhibit of professionalism in the discharge of their duty on my arrival to Ghana on the 11th July, 2019. I express my greatest form of immense gratitude to the ruler of Dubai, His Royal Highness Sheik Mohammed bin Rashid Al Maktoum, in his gracious name the Dubai Prosecutions and the Dubai Courts exhibited the highest form of integrity, by boldly upholding the rule of law, handing me justice before the Dubai first instance and superior Courts in the case number 68807/2018, an acquittal and discharge. May Allah, ever merciful, most compassionate bless and prosper Dubai forever. Allah Kareem. I owe an immense debt of gratitude to the people of Ghana, our legal team abroad and in Ghana, led by Mr. Kwame Boafo Akuffo, my brother and my good friend; who has been resolute, exhibited loyalty and courage in the face our adversity, exhibiting his service and commitment to nothing but the law. Today, I cannot forget to bless the over one thousand staff of Menzgold, Zylofon Media, Brew Marketing Consult and all our other companies in Ghana, as well as our families for their unwavering support, since the unfortunate events of the past few months. To you all I say; you made a good choice which would be well rewarded by God almighty, especially Mr. Kwame Boafo, like the biblical Moses, you chose to side and share in the afflicting of God’s people, instead of enjoying the temporary pleasures of sin. Thank you so much. I also reserve my biggest gratitude to our cherished Menzgold customers for their continued support, encouragement, loyalty and prayers through the trying times. Thank you. Even though I am still receiving the much-needed medical attention, swellings-blood clots in my pelvic region and knees with excruciating pains following a past surgical procedure, due to my well-publicized long nine-months detention in Dubai and Ghana. Regardless, I deem it very fit to make this address to the general public, especially to Menzgold customers in a bid to keep them abreast with the on goings. Menzgold Ghana Company Limited is a licensed reputable Ghanaian gold dealership firm, with six years of impeccable and enviable service delivery and gold trading record. It would interest you to know that in five years, Menzgold consistently met the demands of its customers, suppliers and foreign partners who do business with us, but for the force majeure; the regulatory questions raised by the Bank of Ghana and the Securities and Exchange Commission; regulatory intervention of which we respectfully contested and is still before the Ghanaian courts of law. A question of statutory interpretation of; as to whether or not the trading of gold collectibles or jewelry and the return of monthly profits on same to traders is, “Deposits-Taking” or “Deposits Mobilization” Activity or “trade in Securities”. As to whether or not the exports of tons of gold dore bars of very fine percentage purity, with many evidence of inflows in forex via the bank of Ghana is a “Ponzi scheme?”, praying the just and august Ghanaian Courts to make consequential orders to repair Menzgold damage, if any. Ladies and Gentlemen, Menzgold got very successful with its gold dealership business, resulting in the buying of gold, exports and the produce of fine gold collectibles (jewelries) to satisfy the domestic market, an innovative drive in adherence to the government’s campaign for made in Ghana goods. We saw the need to embark on a drive for international expansion in a quest to broaden our market share size, which saw the openings of some international outlets in Madrid, London and Lagos. The famous “shut-down” letter landed our business, staff, customers and shareholders a catastrophic blow, which sadly led to many very horrific occurrences that brought untold economic hardship to our families, our dear customers and the staff body of all our companies, many of whom are customers too due to the reputable nature of our business. To you all who suffered various degrees of upsets, being it directly or indirectly, we share equally in your pain. With God on our side, we shall soon change this sad Menzgold tale to a very happy narrative, as i grasp a resolve now to drive Menzgold from good to great. The Menzgold product line that has been questioned, is one that is just an act of innovation characterized by most businesses worldwide. We sought to build a word processor out of a typewriter in our line of business, with the hope of being encouraged to create wealth in the face of globalization. I noticed that, the 21st century witnesses a blowing wave of globalization, yet Africa has seen limited technological innovative advancements, which stifle our economic growth and lame our progress due to lack of will to invest in the difficult task of creating new things, this turn to make companies in Africa fail in the future, no matter how big a company’s stated capital is or who is in the helm of affairs. With this background juxtaposed with my vision and drive to build a business that would surpass our generation, innovation was the only option. As it turned out with the “cease and desist” directive from the Securities and Exchange Commission, the need arose for us to mobilize Company assets, especially outstanding payments due to our company from several companies and individual buyers in several countries, particularly in the United Arab Emirates to meet the payment obligations owed to Menzgold traders/customers and other business associates. It was in this regard that I embarked on the pursuit of Company assets/debt recovery overseas. In the course of my pursuits, upon my arrival in Dubai on the 7th December, 2017, I was framed by one of the companies; Horizon Royal Diamond, which owes our Company 750kgs of gold, valued at usd$39,000,000 dollars, believing that Menzgold is doomed for closure, due to the unfavorable media reportage and customers protests in Ghana, hence, tabled a bogus claim that they have been defrauded by another Ghanaian Company; Just Gold Company Linited, with frivolous claims of the Just Gold limited having associations with our Company, which is very false. The subsequent action by the Economic and Organised Crime Office (EOCO) to freeze Menzgold and my personal assets further hardened the resolve of some of our debtors who thought Menzgold was a thing of the past. Following my graceful acquittal and discharge in the Dubai Superior Court, the need arose for me to return to Ghana immediately on the call of the Interpol red notice, to answer criminal charges on the same customers debt portfolio before the Ghanaian Court, the very reason why I went to Dubai in the first place. A call that restrained me from laying claim to the funds I went to the UAE to recoup. All companies worldwide have liabilities in its books and so do Menzgold. Business in summary is all about owing and being owed. We at Menzgold are committed and do express our willingness to service our debts portfolios to our customers and business associates as soon as we can with a given opportunity. We respectfully pray the Ghanaian authorities to cooperate with us to achieve the following; 1. To assist us make full recovery of the amount owed Menzgold by Horizon Royal Diamond in Dubai. As an act of good faith, we are willing to engage the Attorney General’s office on the best possible way for the them to aid Menzgold by employing international law and diplomatic relations to ensure we achieve this objective. 2. To unfreeze our Companies and my personal bank accounts and assets for us to utilize these as vehicles to get productive in other to meet our liabilities, owed to our customers and some business associates in our bid to resolve our liabilities immediately. As of now, Brew Marketing Consult, Menzgold and I cannot credit or debit any bank account in Ghana. This is why it is highly imperative to consider this kind request, as I believe, government shares in our resolve and would do all that which is needful in our quest to satisfy the populace, who are our customers. SWAT, Police throng East Legon ahead of NAM1’s meeting with customers 3. To clearly give direction as to which government agent or agency has jurisdiction to regulate the activity of a “gold collectible/jewelry trade” in Ghana, just so we can apply for the necessary certifications in other to proceed with our business in a fair and sound manner. As we have publicly demonstrated, we are open to fair supervision and are opposed to no supervision, misconceived supervision or supervision with malicious intents, respectfully. The founders of PayPal; Elon Musk and co.; set out to create a new internet currency to replace the US Dollar, Facebook’s Mark Zuckerberg’s first product was designed to only get his classmates signed up, not the earth’s population, Travis Kalanick and Garrett Camp’s Uber, started only to supplement the taxi fleet in San Francisco, Brian Chesky, Joe and Nathan started Airbnb as a means to rent out an unused space in their abode to get income to supplement a deficit for a pending event, Evan Spiegel, Bobby and Reggie started what came to be known today as SnapChat, as sending naughty disappearing fun photos when they were all student at Stanford University. America’s media called it a “sexting App”, Jeff Bezos started Amazon as a digital bookstore in a garage, was heckled by the big players in the books retailing business, Jack Ma fought through and achieved Alibaba in China and the list goes on. All of these innovative breakthroughs had regulatory questions, suffered bad press. Uber and Airbnb particularly have suffered global protests, Travis Kalanick; founder and first CEO of Uber especially, fought many regulatory and legal battles. Today, these great Innovative Companies are pillars of the great Silicon Valley, receiving global tributes for the United States of America. These are just symptoms of disruptive business ideas. Menzgold is today characterized by same traits and I have no doubt in mind that, our company is on the path to greatness and global prominence. IF these three propositions are reviewed and considered, we shall confidently proceed to make the necessary arrangements to start paying our customers immediately under my watch. This i say with my personal guarantee. While my detention in Dubai was a harrowing, daunting, terrific and horrific experience, I am grateful to God because I feel very refined. It has made me older than my age as we grow in our experiences and not in years. I am fulfilled and ready for greater exploits, highly motivated to add up to our previous gain. I am happy about the disruption, a key trait about a successful business prospect in this information age, is the ability to scale. As Mario Andretti, a champion car racer rightly puts it, “If everything is under control, you’re just not going fast enough”. Zylofon Media is an entertainment media business built upon technical expertise such as creating, composing, storytelling and performance. It’s also built on innovation just like Menzgold, employing technology to develop new breakthroughs in arts, traditional and digital media products. Tomorrow would witness a Zylofon Media that can be described as a multifunctional media in the digital space, which would cater for a wide variety of international interest and needs. It would comfort you to note, that Zylofon Media is not just another media firm; we are a media and Arts technology company. Our competitors are not in Ghana, they are far away in the Silicon Valley, California. To you I say, Ants that unite can beat an elephant. Admittedly, we have made some pretty good losses. We are happy about our loss having been a disruptive art and media business. We wear our loss as a badge of honor. Our loss depicts our grand ambition. By natural law, you have to go through a thunder storm to see the rainbow. Our eyes are still set on the colorful rainbow. We shall succeed. Brew Marketing Consult Co. limited is a marketing company. A Commodity broker of a sort, which works for commissions by matching selling and buying leads. I encourage Companies worldwide with marketing needs in Ghana and Africa to take advantage of Brew Marketing’s great professional marketing prowess, as the company did for Menzgold, resulting in Menzgold’s mighty growth. To the staff body of all our companies, I couldn't have been more proud of you for standing resolute in the face of adversity. I encourage you to continue to stand strong as we navigate the path of soon meeting up to the demands of our cherished customers. To our Menzgold customers, we note that you have experienced an increased level of anxiety and concern, but have been extremely understanding and patient with us through these trying times. We continue to recognize and respect your sacrifice, please remember that your patience and support for us is not an entitlement, but something we earned by the way we worked with you diligently over the past years. I can assure you that, it would pay off favorably soon. Together, we are very conscious of our responsibilities towards you our cherished esteemed customers and we will do everything we can to individually and collectively meet your expectations. To the government of Ghana, we applaud you for not “sparing the rod and spoiling the child”, we’ve got your message, we’ve grown and are ready to accept and take up responsibility, if any. I want to reiterate, that I do not seek political office or power, My goal towards contributing for the good of Ghana and Africa, is missionary and not mercenary. Clearly, my willingness to be misunderstood is the basis of our many criticisms and the exercise of brute force and skewed media reportage witnessed against our outfits in the last twelve months. I am an entrepreneur and remains as such. Last but not the least, to the many Ghanaian and African youth, as well as the aged who believes in me and the Nam Mission. We shall continue to contribute to those in authority, for creation of the new Ghana and the new Africa for the new Ghanaian and the new African, in the new African socio-economic front. I am well aware, that many of you crave African posterity, to you all I ask; The Egyptian who conceived the idea of the pyramid and actually built it, had same natural abilities we have with less access to information than we do today, yet succeeded. Which African would build the next “Egypthian pyramid”? Ghana Shall Prosper, Africa would be great again. Ladies and Gentlemen, thank you all for coming. Read the full article

[gmiresearch]

Mobile Money Market Research Report

Global Mobile Money Market

The GMI Research forecasts that the Mobile Money Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the rapidly rising non-cash protects technological innovations and increasing implementation of mobile devices.

Request for a Free Sample Report on Mobile Money Market

Introduction of the Mobile Money Market:

Mobile money or mobile wallet is a technology that permits individuals to store, receive, and disburse money with e help of a mobile phone application. It is a substitute for both bank and cash because it is easy to secure and can be used anywhere where a mobile phone signal is available.

Key Players of the Global Mobile Money Market:

·         Google LLC

·         PayPal Payments Private Limited

·         Fiserv, Inc

·         Gemalto NV

·         Amazon.com, Inc

·         Orange SA

·         Mastercard International Incorporated

·         Bharti Airtel Ltd

·         Alipay.com

·         Apple Inc.

Mobile Money Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

The prominent reasons responsible for the growing prominence of the global money market include the accelerating number of mobile subscribers, ongoing technological modernizations, and augmenting implementation of digital payment-business models. Also, some other factors such as customer requirements, managerial compliances, and surging measures by the Government of several regions to promote a cashless economy are driving the money market size. In addition, rapid digitalization has disturbed the functioning of the banking and financial sectors. Various organizations have introduced eccentric business models to influence the existing banking income. Moreover, the lucrative cashback discounts proffered at the time of payment by mobile wallets are gaining more propulsion among consumers. Almost all mobile wallets provide the option of storing all information, including discount, reward, debt, and credit card information which makes transactions much more convenient for customers.

The primitive demand for the establishment of a digital payment ecosystem was created by technological and e-commerce companies. Several leading players, including Apple Inc., Amazon.com Inc., have passed the initial stage and are now enlarging their prevalence across multiple territories. For instance, Alipay, a digital payment gateway set up by Alibaba.com, is used to expedite payment between sellers and buyers by curbing barriers such as low penetration of credit cards and lack of trust. Moreover, the acquisition of digital platforms allows mobile money providers to safeguard their services and persuade associations between mobile money companies to frame a diverse and engaged user base. Thus, the robust demand for digital platforms is stimulating market growth. However, the growing apprehension concerned with data safety may hamper the market growth.

Mobile Money Market Segmentation:

Segmentation by Transaction Mode

 ·         Point of Scale

·         Mobile Apps

·         QR Codes

·         Internet Payments

·         SMS and STK/USSD Payments

Segmentation by Nature of Payment

 ·         Person to Person

·         Person to Business

·         Business to Person

·         Business to Business

Segmentation by Application

 ·         Money Transfers

·         Bill Payments

·         Airtime Transfers and Tops-Ups

·         Travel & Ticketing

·         Merchandise & Coupons

Segmentation by Payments

 ·         Remote Payments

·         Proximity Payments

Segmentation by Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

Media Contact Company Name: GMI RESEARCH Contact Person: Sarah Nash Email: enquiry@gmiresearch.com Phone: Europe – +353 1 442 8820; US – +1 860 881 2270 Address: Dublin, Ireland Website: www.gmiresearch.com

[blogwiseguy123world]

Global Debt Collection & Management Software Market  - Upcoming Trends, Growth Drivers and Challenges, Forecast to 2022

Summary – A new market study, titled " Global Debt Collection & Management Software Market  - Upcoming Trends, Growth Drivers and Challenges, Forecast to 2022 " has been featured on WiseGuyReports.

Scope of the Report:

The global Debt Collection & Management Software market is valued at xx million USD in 2018 and is expected to reach xx million USD by the end of 2024, growing at a CAGR of xx% between 2019 and 2024

Also read – https://www.marketwatch.com/press-release/covid-19-impact-on-debt-collection-management-software-market-status-analysis-and-business-outlook-2020-2024-2020-05-27

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Debt Collection & Management Software.

Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.

This report studies the Debt Collection & Management Software market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Debt Collection & Management Software market by product type and applications/end industries.

Market Segment by Companies, this report covers

Experian

CDS Software

Comtronic Systems

Quantrax Corp

ICCO

Totality Software

Comtech Systems

CODIX

SeikoSoft

Decca Software

Collect Tech

Click Notices

Codewell Software

SPN

Adtec Software

JST

Indigo Cloud

Pamar Systems

CollectMORE

Kuhlekt

Lariat Software

Case Master

TrioSoft

LegalSoft

Market Segment by Regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia and Italy)

Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

South America (Brazil, Argentina, Colombia)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers

Cloud-based

On-premise

Market Segment by Applications, can be divided into

Collection Agencies

Finance Companies

Retail Firms

Law Firms & Government Departments

Others

For more details - https://www.wiseguyreports.com/reports/4457930-global-debt-collection-management-software-market-2019-by

About Us:

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.              

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Innovation and growth of Debt Collection Software market in 2023

The report Interprets the complete details covering Executive summary, Scope of the report, Research Methodology, Introduction, 2019 Market landscape, Market segmentation by type, Segmentation by application, Latest Geographical segmentation, Decision framework Drivers and challenges Market trends, Vendor landscape, Key vendor analysis based on Debt Collection Software production region, major players, and product type which will provide a simplified view of the Debt Collection Software industry.

Debt Collection Software Market Development:

Debt Collection Software Market research report also provides an overall analysis of the market share, size, segmentation, revenue forecasts and geographic regions of the Debt Collection Software Market along with industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost and revenue. The Debt Collection Software market report presents the competitive scenario of the major market players based on the sales revenue, customer demands, company profile, the business tactics used in Debt Collection Software market which will help the emerging market segments in making vital business decisions.

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In the end, the report makes some important proposals for a new project of Global Debt Collection Software Market Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2019-2023 Global Debt Collection Software industry covering all important parameters.

– Global Debt Collection Software Market Driver

– Global Debt Collection Software Market Future

– Global Debt Collection Software Market Growth

The report uses SWOT analysis for the growth assessment of the outstanding Global Debt Collection Software Market players. It also analyzes the most recent enhancements while estimating the expansion of the foremost Global Debt Collection Software Market players. It offers valuable information such as product offerings, revenue segmentation, and a business report of the commanding players in the global Global Debt Collection Software Market.

Major Regions:

Geographically, this report split into several key Regions, with sales (MT), revenue (Million USD), market share and growth rate of Debt Collection Software for these regions, covering North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

The study objectives of Debt Collection Software Market report are:

1) To analyze and study the global Debt Collection Software Market sales revenue, value, status (2013-2019) and forecast (2019-2023). 2) Focuses on the key Debt Collection Software Market manufacturers, to study the sales, demand, value, market share and development plans in the future. 3) To define, describe and forecast the Debt Collection Software Market by type, application, and region. 4) To analyze the global and key regions market potential and advantage, Trends, opportunity, and market challenge, and risks. 5) To identify significant trends and factors driving the Debt Collection Software Market growth. 6) To analyze the opportunities in the market for stakeholders by identifying the high growth segments. 7) To strategically analyze each submarket with respect to individual growth trend and their contribution to the Debt Collection Software Market 8) To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the Debt Collection Software Market 9) To strategically profile the key players and comprehensively analyze their growth strategies. 10) Strategic recommendations, forecast growth areas of the Debt Collection Software Market. 11) Company profiles, product analysis, Marketing strategies, emerging Market segments and comprehensive analysis of Debt Collection Software Market 12) Key performing regions along with their major countries are detailed in this report.

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In Conclusion, the Debt Collection Software Market reports provide meaningful data to those who are looking to enter into the Debt Collection Software Industry by providing market competition, Size, and Trends of Debt Collection Software Market.