Tuum Partners with Flexys to Enhance Debt Collection Workflows for Banks
Tuum and Flexys Partner to Enhance Debt Collection Workflows for Banks
In a move aimed at revolutionizing debt collection processes for financial institutions, U.K.-based core banking platform provider Tuum has announced a strategic partnership with debt management specialist Flexys. This collaboration is set to bring cutting-edge technology to the forefront, helping banks streamline and improve their debt collection workflows.
The partnership comes at a crucial time when legacy core systems are hindering financial institutions from effectively serving their customers and complying with stringent regulations surrounding credit and debt management. By integrating Tuum’s innovative banking platform with Flexys’ state-of-the-art debt management solutions, banks will be able to modernize their operations and provide a more personalized experience to their customers.
Jean Souto, VP of Global Partnerships at Tuum, expressed enthusiasm about the partnership, stating, “Flexys and Tuum are addressing debt management challenges head-on. Our collaboration will empower banks with advanced tools to automate collections processes and enhance efficiency, ultimately benefiting all parties involved.”
Flexys CEO James Hill also shared his excitement about the partnership, emphasizing the importance of leveraging technology to create frictionless digital experiences for customers. By combining their platforms, Tuum and Flexys aim to help financial institutions break free from outdated debt management practices and embrace a more agile and customer-centric approach.
Flexys, known for its cloud-native debt resolution platform Control+, has been at the forefront of digital transformation in the debt management space since its inception in 2016. The company’s partnership with Tuum follows a series of successful collaborations with industry leaders, including Thought Machine and CREALOGIX.
Tuum, on the other hand, made a splash at FinovateEurope 2024, where it was awarded Best of Show for its innovative banking platform. With a focus on modularity, cloud-native architecture, and API-first design, Tuum has quickly gained recognition as a leading provider of next-generation banking solutions.
As the financial industry continues to evolve, partnerships like the one between Tuum and Flexys are paving the way for a more efficient and customer-centric approach to debt management. By harnessing the power of technology and collaboration, banks can stay ahead of the curve and deliver superior services to their customers.
