#LendTech / Remitter partners with Alchemy to improve collections performance

Remitter USA, an AI-powered digital communications platform used to improve payment recovery has announced a new partnership with Alchemy Technologies, a FinTech infrastructure development company that powers global FinTechs, banks and financial services.

Under the collaboration, both the companies will work together to streamline and automate recovery efforts for creditors in the financial services industry by removing the friction & communication gaps associated with the recovery process. Consumers will receive a highly personalized, actionable text messages and emails to facilitate quick collection of missed or late payments.

… Remitter delivers mobile communications and recovery experience that intelligently adapts to consumers. SMS and emails are sent at the optimal time, channel preference and conversational tone… Its data-driven AI helps to predict and react in real-time to each individual customer’s communication preferences and payment needs.

… Utah based Alchemy is an end-to-end cloud-based SaaS solution provider for banks, speciality financing companies, Point of Sale financing, and FinTech startups. Its end-to-end infrastructure offering includes end-user experience, merchant experience, decision engine, loan origination system, loan management system, payment gateways, and secondary market access.