March 9, 2017 – Apollo Enterprise Solutions, Ltd. (“AES”) (AES:BH; OAL:GR) and Oracle (NYSE:ORCL) announced the integration of AES’ TruePay+ System powered by AES’ Psychographic Conversion™ AI Technology into the Oracle Banking Collections System. This integration allows Oracle and AES to deliver an end-to-end collections default management platform featuring advanced self-help automation capabilities available in the marketplace today.
Joseph Konowiecki President & CEO of AES, commented, “Achieving the integration of our patented TruePay+ System powered by AES’ Psychographic Conversion™ AI Technology with the Oracle Banking Collections System gives our customers and our partners a market leading collections default management system that is highly reliable, improves operational efficiencies and meets the regulatory requirements.”
The integrated AES TruePay+ and Oracle Banking Collections System powered by AES’ Psychographic Conversion™ AI Technology allows enterprises to manage their entire consumer credit product portfolio with a single system, providing customers omni channel access to a 24/7 digital self-help portal that greatly enhances default remediation. This digital self-help capability, combined with a borrower centric collection approach, creates new possibilities for lenders to meet the demands and expectation of the digital consumer. The modern and open architecture of this integrated solution allows for a high level of flexibility and extensibility.