SAN ANTONIO, TX (July 11, 2023) — SWIVEL is pleased to announce the integration of its platform to AKUVO’s collections and credit risk platform, Aperture. Connecting these two industry-leading technologies will enable mutual customers to process payments quickly and securely as part of their collections workflow, adding new efficiencies to their everyday process. In addition, payment activities and history will now be captured in Aperture, allowing this information to be intelligently used to automate next steps and feed reports.
“Today marks another exciting milestone in our partnership with AKUVO,” said Jason O’Brien, CEO of SWIVEL. “SWIVEL recognizes how important integrations are for financial institutions’ collections strategies, and I am pleased that our firms work together to create a seamless and easy payment experience, while ensuring compliance and data security.”
“We’re excited to add SWIVEL to our portfolio of connectors,” said Steve Castagna, AKUVO’s Chief Revenue Officer. “Being able to accept payments quickly, easily, and securely from Aperture will not only enhance collector productivity, but also make the process easy and seamless for account holders. As always, it has been a pleasure working with the team at SWIVEL to make this happen and collectively use our technology to modernize and streamline the collections process for our mutual customers.”
As a diversified financial services company, SWBC provides financial institutions, businesses, and individuals a wide range of services, including insurance, mortgages, wealth management, employee benefits, and more. Headquartered in San Antonio, Texas, SWBC has partners and divisions across all 50 states and manages business around the world. No matter how wide its reach, SWBC always listens to its customers’ needs, analyzes their current situations, and recommends customized solutions. For more information about our innovative approach to personalized service, visit SWBC’s website at swbc.com.
About SWIVEL Transactions, LLC
SWIVEL Transactions, LLC, is a financial technology and services company providing specialized, integrated transaction enablement solutions that remove friction for account holders, borrowers, and departments across financial institutions, as well as collections agencies and departments, while also mitigating risks associated with moving funds in digital domains. More than 800 financial institutions use SWIVEL’s payment solutions across the United States. The company is a wholly owned subsidiary of SWBC, headquartered in San Antonio, Texas. For more information about SWIVEL and its innovative solutions, visit getswivel.io.
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.
Vice President, Public Relations & Corporate Communications