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CL Verify and TranDotCom Forge Strategic Partnership and Marketing Agreement
Jul 28, 2008 (12:07 PM EDT)
TAMPA, Fla., July 28 /PRNewswire/ -- CL Verify and TranDotCom today announced the renewal of their strategic partnership that will allow both companies to offer unparalleled integrated service solutions to the payday loan industry. The strategic alliance brings together the industry leader in decision support solutions and the industry's leading provider of software and transaction services. CL Verify and TranDotCom mutually process more payday loan transactions than any other service providers in the industry.
Specifically, the partnership and market agreement provides for a broad variety of co-marketing and support initiatives including the close collaboration of field sales and client support organizations. Payday lenders will continue to have access to CL Verify's products and services via TranDotCom's platforms and software utilizing the most current interface specifications. Conversely, CL Verify customers will have access to integrated tier one support through TranDotCom support resources.
"As the leading provider of online risk and opportunity management services to the sub and near prime sectors, CL Verify is fortunate to work with mission critical partners such as TranDotCom in serving a vast majority of lenders who demand leading edge technology and decision support solutions," remarked Kim Anderson, CEO of CL Verify. "We are delighted with the renewed partnership and look forward to ensuring our mutual customers receive the greatest value." Kim added.
TranDotCom CEO Joe Fitzpatrick was similarly enthused. "Driving the highest possible value into each loan transaction is an important element of TranDotCom's client strategy. We are excited to confirm our commitment to delivering the breakthrough benefits of CL Verify's decision support services to our customers."
About CL Verify: Founded in 1998, CL Verify LLC is a subsidiary of DP Bureau offering extensive specialized decision support solutions to the sub and near-prime loan industry. CL Verify's data and decision support products provide lenders an accurate up-to-the minute view of a consumer's financial performance history. CL Verify products and services deliver impressive returns by integrating and aggregating an unparalleled network of non-traditional consumer payment history, demand deposit account history, and consumer public record data.
About TranDotCom: TranDotCom provides a full range of software and transaction processing services which allow short-term loan merchants to be more competitive and highly efficient. TranDotCom understands and specializes in all components of the short term lending industry, offering a full web based solution that allows short-term loan merchants to make loans and manage them in real time.
For more information about CL Verify, please visit http://www.clverify.com
For more information about TranDotCom please visit http://www.trandotcom.com
CONTACT: Judy Maxwell of CL Verify, +1-727-373-2500, Ext 109, firstname.lastname@example.org; or Hallie Burns, Sales Administrator of TranDotCom,+1-678-355-1551, Ext. 1276,
Web site: http://www.clverify.com/ http://www.trandotcom.com/