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TMI BlogVymo Launches CollectIQ to Transform Debt Collections for Financial InstitutionsX X X X Extracts X X X X X X X X Extracts X X X X ..... Vymo Launches CollectIQ to Transform Debt Collections for Financial Institutions X X X X Extracts X X X X X X X X Extracts X X X X ..... l companies (NBFCs), the solution brings together AI-driven prioritization, automation, and integrated agent enablement to help institutions drive better recovery outcomes. The move comes at a time when India's financial sector is sharpening its focus on curbing non-performing assets (NPAs) and strengthening post-disbursal recovery efforts. According to the Reserve Bank of India's Financial Stab ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ility Report, the GNPA ratio for scheduled commercial banks could rise from 2.7% in March 2024 to 3% by March 2026 under baseline scenarios — underscoring the need for proactive, data-led collection strategies. "Collections teams have traditionally been underserved by technology, even though it plays a critical role in the health of a lender's portfolio," said Yamini Bhat, Co-founder and CEO of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Vymo. "With CollectIQ, we are bringing automation, intelligence, and customer-centricity into collections — helping financial institutions recover smarter and more efficiently." CollectIQ acts as a single pane of glass for collections — bringing together case allocation, agent tracking, customer engagement, and integrated payment workflows into one intelligent system. It allocates accounts based o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n real-time inputs like agent proximity, performance history, and risk profiles. It provides live visibility into field activities through geo-verification and instant updates, and nudges agents toward the next-best action while enabling on-the-spot digital payments. The platform is fully integrated with lenders' core systems such as LMS, CRM, and payment gateways, streamlining both operations and ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reporting. By embedding intelligence and automation into everyday workflows, Vymo aims to help lenders not only recover more effectively but also do so in a way that enhances customer trust and regulatory compliance. For more information, visit https://vymo.com/collections About Vymo Vymo transforms how financial institutions manage sales and collections operations. Trusted by 350,000+ users ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... across 70+ global enterprises — including AIA, HDFC Bank, Berkshire Hathaway, SMFG, Aditya Birla Capital and more. Vymo delivers AI-powered solutions that drive performance and operational excellence. Its human-centric, enterprise-grade platform ensures high adoption and measurable outcomes. Vymo has raised over $45M from Sequoia Capital, Emergence Capital, and Bertelsmann India Investments and is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a winner of CB Insights' Demo Day and Microsoft's 'AI for All' awards.
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