The UK: Adept at tax collection with predictive analysis
Trending August 2013 - Her Majesty’s Revenue & Customs (HMRC) has created a predictive analytics platform to improve debt collection and risk evaluation. Its platform, called Adept, integrates analytics into debt management and is designed to customise debt collection interventions for millions of late tax payments each year. Adept is integrated with HMRC’s collection systems and uses predictive modelling to inform more sophisticated risk and behaviour-based collection strategies.