Flexys and Tuum Join Forces to Help Banks Improve Debt Management and Collection Flexys and Tuum Join Forces … – Fintech Finance

Share this post: 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…

AI Success Depends on Tackling Process Debt – HBR.org Daily

Illustration by Antti Kalevi Typically, organizations in the midst of transformation efforts spend significant time and resources trying to correct massive amounts of technical debt the price of years of short-term decisions and prioritizations that result in an overly complex technological infrastructure. But equally challenging is managing organizations often undiscussed process debt the build-up of…

Sovereign Debt Restructuring Process Is Improving Amid Cooperation and Reform – International Monetary Fund

The global economy avoided what could have been a systemic debt crisis during the turbulence of recent years, but vulnerabilities remain amid high debt servicing costs that pose an important challenge for low and middle-income countries. Some may yet confront major tests. When countries do falter on debt, restructuring is critical to containing the damage.…