Repay, a supplier of vertically-integrated cost options, this week introduced a brand new know-how integration with Akuvo, a supplier of cloud-based software program that elevates how monetary establishments gather and handle their portfolios. The Repay integration with Aperture, Akuvo’s collections administration software program, allows monetary establishments to just accept digital funds, whereas using a safe, real-time information change for streamlined operations, sturdy reporting and easier reconciliation.
Akuvo purchasers can leverage Repay’s embedded cost know-how to handle the complete funds lifecycle and supply account holders a cost expertise that may be accessed by way of a safe on-line portal. Banks and credit score unions can have enhanced visibility into cost information inside Aperture, decreasing the necessity to swap between methods and driving quicker cost reconciliation.
“Collections is a fancy, multi-party course of, and we acknowledge the significance of constructing the cost course of easy and handy for each monetary establishments and customers,” mentioned Jake Moore, Repay’s EVP of shopper funds. “Our partnership with Akuvo is making it simpler, quicker, and safer for account holders to make funds and for monetary establishments to gather funds and handle the info change by one single platform.”
“At Akuvo, we’re dedicated to providing best-in-class applied sciences that ship environment friendly, revolutionary experiences to our purchasers and their account holders,” mentioned Mike Ruggiero, SVP of relationships at Akuvo. “We’re thrilled to companion with REPAY to streamline collections and proceed to assist our purchasers develop income and scale operations.”
Akuvo gives cloud-based software program that elevates how monetary establishments gather and handle their portfolios by way of its product, Aperture. It gives the know-how and information mandatory to extend collections effectivity, scale back workers prices, anticipate delinquencies, and supply perception into future credit score choices.
REPAY gives built-in cost processing options to verticals which have particular transaction processing wants. REPAY’s proprietary, built-in cost know-how platform reduces the complexity of digital funds for purchasers, whereas enhancing the general expertise for customers and companies.
