Flexys partners with Tuum – ThePaypers
UK-based debt management software Flexys has entered a collaboration with Tuum to enable banks to optimise and improve debt collection and management. By merging their platforms, Flexys and Tuum, a core banking provider, intend to support banks in enhancing and modernising debt collection via a real-time, user-centric approach. Considering the current economic environment, where consumer […]
How to avoid a credit card debt spiral as Aussie budgets buckle
Wealth-sucking, high-interest debt on credit cards fell for 12 straight years until late 2023, and now households need help. The latest Reserve Bank of Australia credit card figures show credit card balances accruing interest have jumped from $18.1bn to $18.6bn since November 2023, reversing a long-running trend where this type of debt had halved in […]
The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming
London CNN — Governments owe an unprecedented $91 trillion, an amount almost equal to the size of the global economy and one that will ultimately exact a heavy toll on their populations. Debt burdens have grown so large — in part because of the cost of the pandemic — that they now pose a growing […]
Panmure Liberum opens debt advisory business, hires loans banker – GlobalCapital
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CFPB Exams Find Loan Servicing Failures, Illegal Debt Collection Practices, and Issues with Medical Payment Products
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today published an edition of Supervisory Highlights sharing key findings from recent examinations of auto and student loan servicing companies, debt collectors, and other financial services providers. The report also highlights consumer complaints about medical payment products and identifies concerns with providers preventing access to deposit […]
Wickremesinghe defends Sri Lanka's debt restructuring deal amid criticism – Business Standard
The president, who also holds the portfolio as the finance minister said that the restructuring of debt was to make it sustainable| Photo: Twitter @RW_UNP 2 min read Last Updated : Jul 02 2024 | 2:53 PM IST Sri Lankan President Ranil Wickremesinghe on Tuesday countered the Opposition’s criticism of the cash-strapped country’s external debt […]
Flexys and Tuum partner to help banks improve debt collection
Minerals Technologies (NYSE:MTX) Seems To Use Debt Quite Sensibly – Simply Wall St
David Iben put it well when he said, ‘Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.’ So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much debt can sink a […]
Watch out for these 3 debt collection scam signs
Getting a call or text from a supposed debt collector can be alarming, so here are some signs everyone should know about. INDIANAPOLIS — Getting a call or text from a supposed debt collector can be alarming. That is why scammers might pretend to be these people, but real debt collectors are supposed to follow […]
Flexys and Tuum Join Forces to Help Banks Improve Debt Management and Collection
Flexys, makers of leading debt management software, and Tuum, an innovative core banking provider, are joining forces. By integrating their powerful platforms, the partnership allows banks to modernise debt collection with a real-time, customer-friendly approach. For banks, the economic landscape of rising consumer debt and stricter regulations is tough to navigate with outdated, clunky debt […]