Payments Solution Company Partners With Collections and Risk Specialist

Banking services partnerships continued this week as Alacriti, a cloud-based payments and money management solution announced that it is partnering with AKUVO, a technology organization that specializes in collections and credit risk.

The collaboration integrates a loan payment solution by Alacriti into AKUVO’s collections platform thus helping financial institutions with a seamless payment process.

The partnership between Alacriti and AKUVO provides a streamlined, efficient payment processing solution that integrates directly into the collections process.

The integration initiative between the companies will allow banks and credit unions with visibility across all of their loan payments.

“We are thrilled to integrate Alacriti’s Orbipay EBPP loan payment solution with AKUVO’s collections platform,”  comments Mike Ruggiero, SVP Relationships at AKUVO. “This partnership enhances our ability to offer seamless, in-platform payment processing, significantly streamlining the collections process for financial institutions. Our customers will now benefit from a more efficient, integrated solution that enhances visibility and operational efficiency across payments.”