REPAY Launches Payment Integration with AKUVO
December 12 2023 - 8:30AM
Business Wire
REPAY’s embedded payment technology empowers
simple, seamless payment experiences for financial institutions
using Aperture, AKUVO’s flagship collections management
platform
Repay Holdings Corporation (NASDAQ: RPAY) (“REPAY”), a leading
provider of vertically-integrated payment solutions, today
announced a new technology integration with AKUVO, a leading
provider of cloud-based software that elevates how financial
institutions collect and manage their portfolios. The REPAY
integration with Aperture, AKUVO’s collections management software,
enables financial institutions to accept digital payments, while
utilizing a secure, real-time data exchange for streamlined
operations, robust reporting and simpler reconciliation.
AKUVO clients can now leverage REPAY’s embedded payment
technology to manage the full payments lifecycle and offer account
holders a streamlined, convenient payment experience that can be
accessed via a secure online portal. Banks and credit unions will
have enhanced visibility into payment data within Aperture,
reducing the need to switch between systems and driving faster
payment reconciliation.
“Collections is a complex, multi-party process, and we recognize
the importance of making the payment process simple and convenient
for both financial institutions and consumers,” said Jake Moore,
EVP, Consumer Payments, REPAY. “Our partnership with AKUVO is
making it easier, faster and more secure for account holders to
make payments and for financial institutions to collect payments
and manage the data exchange through one single platform.”
“At AKUVO, we are committed to offering best-in-class
technologies that deliver efficient, innovative experiences to our
clients and their account holders,” said Mike Ruggiero, SVP of
Relationships at AKUVO. “We’re thrilled to partner with REPAY to
streamline collections and continue to help our clients grow
revenue and scale operations.”
About AKUVO AKUVO is a leading provider of cloud-based
software that elevates how financial institutions collect and
manage their portfolios via its product, Aperture. It provides the
technology and data necessary to increase collections efficiency,
reduce staff costs, anticipate delinquencies, and provide insight
into future credit decisions. AKUVO is defining the future of
collections and account performance management with a visionary,
behavior-based approach while taking full advantage of emerging
technologies such as artificial intelligence, natural language
processing, and machine learning. To learn more, visit
www.akuvo.com.
About REPAY REPAY provides integrated payment processing
solutions to verticals that have specific transaction processing
needs. REPAY’s proprietary, integrated payment technology platform
reduces the complexity of electronic payments for clients, while
enhancing the overall experience for consumers and businesses.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231212985032/en/
Investor Relations Contact for REPAY: IR@repay.com
Media Relations Contact for REPAY: Kristen Hoyman
khoyman@repay.com
Repay (NASDAQ:RPAY)
Historical Stock Chart
From Sep 2024 to Oct 2024
Repay (NASDAQ:RPAY)
Historical Stock Chart
From Oct 2023 to Oct 2024