Swivel lands on Temenos Digital Collector

Swivel has integrated its payment processing technology with the Temenos Digital Collector platform. This update is specifically designed to help lenders and retailers manage the back-end of the financing lifecycle more efficiently. While many tools focus on the point of sale, this integration addresses what happens after the loan is signed. It automates the way businesses collect payments and manage accounts that have fallen behind. For operators, this means less manual work for your billing departments. The system allows for more flexible payment options, making it easier for your customers to stay current on their financing plans. By using automated outreach and streamlined digital collection tools, businesses can reduce the cost of servicing loans and improve their overall recovery rates. If you use Temenos to manage your financing programs, this integration provides a more seamless way to handle delinquent accounts without needing to jump between different software systems. The goal is to keep your cash flow steady while maintaining a positive relationship with your customers through self-service payment portals.

Source: Finextra — Lending

← Return to the library· Submit a correction