TransUnion partners with receeve to drive innovation

The global specialists in credit management and collections will deliver data-driven collections processes and optimise recoveries for businesses globally

TransUnion, a global information and insights company, and receeve, an all-in-one platform for collections and recovery, proudly announce a strategic partnership to deliver increased collections autonomy and profitability through AI-powered insights and strategy optimisation, all seamlessly integrated into the receeve platform.

The collaboration represents a significant moment in the collections industry, as both entities leverage technology and expertise in credit data and services. By combining TransUnion’s extensive scoring data and services teams with receeve’s technology, the partnership will deliver a comprehensive solution that enables better decision-making and can help enhance consumer wellbeing. This approach will streamline processes, reduce support expenses, and drive profitability while prioritising the protection of consumers. 

“It is vital that consumer wellbeing remains at the heart of decision-making,” remarked Kelli Fielding, chief product officer at TransUnion in the UK. “Our partnership with receeve will improve services and aid in meeting clients’ evolving needs. Access to accurate data helps to ensure correct decision-making is being made, by creating more informed processes, leading to better outcomes for both businesses and consumers.”

Paul Jozefak, chief executive officer and co-founder of receeve, expressed enthusiasm about the partnership, commenting, “We’re thrilled to partner with TransUnion to expand our offerings and drive innovation in the collections industry. This collaboration allows us to tap into TransUnion’s wealth of expertise and data, enabling us to provide even more value to our customers globally.”

This partnership marks a significant milestone in the collections space, as TransUnion and receeve set out to empower businesses with the tools and insights needed to navigate the complexities of collections management in today’s digital age.

Images: TransUnion, receeve

Robert Welbourn Robert Welbourn is an experienced financial writer. He has worked for a number of high street banks and trading platforms. He's also a published author and freelance writer and editor.