Tuum Partners with Flexys to Enhance Debt Collection Workflows for Banks

Tuum and Flexys Partner to Revolutionize Debt Management for Banks

In a groundbreaking move, core banking platform provider Tuum has joined forces with debt management specialist Flexys to help banks enhance their debt collection workflows. This partnership comes at a crucial time when legacy core systems are hindering financial institutions from meeting regulatory requirements and providing personalized services to their customers.

Tuum, which recently won Best of Show at FinovateEurope, is set to revolutionize the way banks handle debt management with the integration of Flexys’ cutting-edge solutions. By leveraging automation and real-time data, banks can streamline their collections processes and offer a more seamless experience to their customers.

Flexys CEO James Hill expressed excitement about the collaboration, stating, “With our integrated platforms, lenders can ditch inefficient processes in favor of frictionless digital experiences that genuinely support customers when they need it most.” This sentiment was echoed by Tuum VP of Global Partnerships Jean Souto, who emphasized the importance of addressing debt management pain points head-on.

The partnership between Tuum and Flexys is a significant step towards modernizing debt management practices in the banking industry. By combining their expertise and innovative technologies, these two companies are poised to help financial institutions break free from outdated systems and embrace a more efficient and customer-centric approach to debt collection.