–
AKUVO, a leading technology organization specializing in collections and credit risk management, announced new platform enhancements that fully automate the vehicle repossession process.
With these updates, AKUVO offers full integration with Recovery Database Network (RDN), a leading platform for managing repossession assignments and vendor relationships. By combining intelligent automation and bi-directional communication with RDN, the AKUVO Platform allows financial institutions to manage rising repossession volume with unprecedented efficiency. Institutions can now automate the entire lifecycle of a repo assignment, eliminating fragmented processes and reducing the need for additional staff and manual follow-up.
“Our goal is to help lenders handle increased volume without adding headcount,” said Mark Price, Chief Technology and Product Officer at AKUVO. “Through automation and strategic integrations like RDN, we’re giving financial institutions the tools to act faster, stay compliant, and reduce operational strain.”
AKUVO’s configurable repossession playbooks allow credit unions and banks to automate tasks and decisions throughout the entire lifecycle of a repo, while the RDN connector enables real-time, bi-directional communication between the AKUVO Platform and recovery agents.
Key benefits include:
- Full lifecycle automation of the repossession process
- Seamless integration with RDN, enabling direct assignment of repossession orders to agencies and forwarders
- Bidirectional updates, ensuring real-time visibility between lenders, AKUVO, and RDN
- Automated triggers based on RDN status changes to streamline decision-making
- Customizable playbooks based on institution-specific criteria
By combining intelligent playbooks with real-time integration, AKUVO empowers collections teams to shift from reactive to proactive repossession management—saving time, reducing risk, and improving the borrower experience.
For more information or to schedule a demo, visit www.akuvo.com.
About AKUVO – AKUVO creates, delivers and supports data-driven technology and consultative services focused on member and portfolio risk management, specifically for credit unions. AKUVO’s technology and services are rooted in the latest data science applications, including machine learning, artificial intelligence, and natural language processing, to ensure credit unions have the right tools and technology to compete and win in the financial services market. Additional information is available at https://akuvo.com/.
About Recovery Database Network (RDN) – RDN is the repossession industry’s most reliable and most trusted repossession software. Serving Repossessors since 2002, RDN is your system of record. RDN helps repossession companies and agents manage their accounts by providing a secure, encrypted software platform to track repossession orders. Over 600+ national lenders, and 2,500+ service providers use RDN to assign cases.
AKUVO Automates Repossessions and Adds RDN – AKUVO Automates Repossessions and Adds RDN – AKUVO Automates Repossessions and Adds RDN
AKUVO Automates Repossessions and Adds RDN – AKUVO – AKUVO – Aperture – Credit Union Collections – Credit Union Collectors – Repossess – Repossession – Repossession
Facebook Comments