Allevo's Solution: Embracing Slower Payments in the Fast-Paced World | FF Salon at Sibos 2023
Allevo's Solution: Embracing Slower Payments in the Fast-Paced World | FF Salon at Sibos 2023 For loan management or origination or servicing software or systems, the future of finance lies in embracing the power of digital transformation to streamline operations and unlock new opportunities. In today's fast-paced financial world, where instant gratification and real-time transactions are the norm, Allevo's solution offers a counterintuitive approach that is both refreshing and insightful. At the recent FF Salon at Sibos 2023, Allevo unveiled its innovative solution, which challenges the notion that faster payments are always better. By embracing slower payments, Allevo believes that financial institutions can unlock significant benefits, including: Reduced operational costs: Slower payments allow financial institutions to reduce the number of transactions they process, resulting in lower operational costs. Improved risk management: By slowing down the payment proce