Is your company ready for CCD2?
CCD2 is a new EU directive that aims to update and harmonize the rules for consumer credit agreements between EU countries. CCD2 introduces a number of new provisions in member states to increase consumer protection and ensure a more transparent credit market. CCD2 stands for Consumer Credit Directive and replaces 2008/48/EC on credit agreements for consumers (CCD1). Basically, CCD2 is created [...]
Therefore, knowing your customers is crucial
At Qatchr, we have been helping Danish companies gain insight into their customers and optimize their credit management for many years. Our solution makes it possible to make informed decisions and reduce the risk of losses. Unfortunately, we often see how a lack of knowledge about customer identity and payment behavior leads to poor decisions, lost revenue, [...]
5 tips for a better customer onboarding process
Few people think about the importance of having good onboarding processes when creating new customers. With good creation processes comes good and valid data. Correct data on a customer has never been more important than now, because who are your customers? Should you even be doing business with them? And how [...]