Sagent | September 18, 2023
Sagent, a prominent fintech software company specializing in modernizing mortgage servicing for banks and lenders, has announced an extension of its partnership with The Central Trust Bank (Central Bank). Backed by Warburg Pincus, Sagent's mission is to facilitate the transformation of mortgage servicing operations through scalable fintech solutions. This six-year extension signifies their commitment to empowering the Central Bank with cutting-edge technology, ensuring efficient operations, enhancing the customer experience, and addressing the ever-evolving demands of the mortgage industry.
Central Bank's decision to extend its partnership with Sagent underscores the value of Sagent's cloud-based LoanServ system. This system is the cornerstone of Central Bank's mortgage servicing operations, offering agile and highly configurable technology that automates intricate, high-volume tasks and workflows. By leveraging Sagent's fintech solutions, Central Bank aims to deliver an exceptional customer experience while remaining adaptable to the dynamic landscape of customer needs and regulatory requirements. This extension solidifies the role of technology in driving Central Bank's growth and competitiveness within the mortgage servicing sector.
Steve Komaromi, COO of Loan Servicing at Central Bank, commented,
Central Bank remains committed to its strong community roots while embracing growth opportunities through partnerships with industry leaders like Sagent to power ultra-personalized, full-service banking that helps us engage, care for, and retain our customers through every step of the homeownership journey.
[Source –Business Wire]
Central Bank's mortgage servicing technology from Sagent improved operational efficiency, kept them at the forefront of fintech innovation and met customers' expectations for a mobile-friendly banking experience. Steve also expressed Central Bank's enthusiasm for this extended partnership, highlighting the opportunity to expand their servicing customer base and accelerate innovation to serve their customers better.
Central Bank, rooted in community-first principles since its inception in 1902, has left an indelible mark across over 140 locations in the Midwest. With a century of service-driven banking, it has consistently earned accolades such as 'Best Customer Service Bank' by Newsweek and recognition in Forbes' prestigious list of 'America's Best Banks.' Sagent has over $2 trillion in outstanding mortgage balances on its platforms and is the only enterprise, default, and consumer mortgage servicing platform synchronized with real-time data in the industry.
Sagent is the driving force behind America's foremost bank and nonbank lenders, revolutionizing the homeownership experience for millions of borrowers. The company's mission is to empower enterprises and banks that help engage, nurture, retain, and modernize relationships with borrowers. Its flexible, scalable, and highly configurable solutions enable users to engage borrowers and cultivate loyalty effectively. In addition, Sagent's solutions help reduce servicing costs, ensuring compliance and amplifying the value of servicing rights throughout the entire spectrum of market cycles.
Infinicept | October 12, 2023
Infinicept, a prominent provider of embedded payment solutions, and Payment Visor, a distinguished consulting firm specializing in payment management, have formally declared a strategic partnership.
Infinicept's payment solutions, in conjunction with Payment Visor's advisory services, will cater to customers' specific needs as they progress along their embedded payment journey. This collaboration will unite profound payment proficiency with Infinicept's Payfac-as-a-Service and embedded payments platforms, offering an enriched suite of services to the industry.
Deana Rich, Co-Founder and Co-CEO Infinicept expressed, "Payment Visor is a trusted partner in the industry, and we are thrilled to be working with their team."
[Source – Globe Newswire]
Suzie Bookout, CEO of Payment Visor, added, "Infinicept is a visionary organization committed to doing everything it can to help its customers. Working together and taking a collaborative approach means that we can create even better outcomes for our clients as they advance in payments."
[Source – Globe Newswire]
Todd Ablowitz, Co-Founder and Co-CEO of Infinicept said that to provide enhanced client support, Infinicept has introduced a versatile Payfac-as-a-Service model tailored for vertical software companies. These solutions and services align with Payment Visor's expertise and client-centric approach. He further stated that this collaboration can deliver substantial advantages to software enterprises.
Infinicept is a provider of embedded payment solutions and services designed to assist software companies in harnessing the benefits of embedded payments, such as enhanced revenue and greater oversight of the merchant experience. It has earned the trust of over 300 prominent software companies, payment processors, sponsor banks, and other entities by enabling them to transition into the modern era of software-driven payments.
About Payment Visor
Payment Visor is a management consulting and advisory firm specializing in providing strategic guidance to integrated software vendors and merchants who require assistance with payment strategies. By delivering streamlined, contemporary business solutions to bolster scalability and foster business expansion, the company effectively addresses crucial payment-related requirements of small and medium-sized business proprietors and software collaborators.
PR Newswire | October 20, 2023
In continuation to its rebranding initiative, Opus Technologies, a leader in payment solutions, has unveiled a new website that showcases its extensive range of niche services and solutions. The new website is designed to offer a seamless and engaging user experience across all digital platforms. This strategic move reflects Opus' commitment to providing cutting-edge payment solutions to its customers and partners.
The new website, www.opustechglobal.com, features a modern, sleek, and user-friendly design, enabling visitors to easily navigate the various services that Opus provides. The website highlights the latest services and technologies that Opus offers, organized by industry segments and strategic services.
Sharing his view on the new website our CEO, Praveen TM, said, "The new website is aimed at strengthening Opus' position as an innovator and a trusted partner in the payment technology space. Using advanced technologies like cloud, data, and Artificial Intelligence, our team is creating innovative solutions, and our users will get a comprehensive view of these on our website. It also has information about the niche use cases related to the new industry segments that we now serve – omni-commerce, digital wallets, cryptos and central bank digital currencies (CBDCs)."
The website also showcases Opus' expertise and thought leadership in the payment industry with a revamped resources section that provides insights on current topics through blogs, white papers, and newsletters. It also has a news section for users to stay abreast with the latest developments at Opus Technologies.
The payment industry is very dynamic and fast-changing. Opus is continuously innovating and collaborating with other industry leaders to give our customers a competitive edge. The new website reflects our constant endeavor to excel. Praveen TM added.
Opus Technologies welcomes existing and potential customers, partners, and industry experts to visit the new website and discover its wide range of services and solutions.
About Opus Technologies (formerly Opus Consulting Solutions)
Opus Technologies is a global provider of outcome-driven payment strategies. Opus combines its deep technology proficiency with unmatched domain expertise in payments and FinTech to deliver unparalleled quality and value in their work.
Solutions by Text | October 09, 2023
Solutions by Text (SBT) has officially unveiled the integration of embedded payment capabilities into its FinText platform. To facilitate the execution of these innovative text-based payments, the company has entered into a strategic collaboration with Nuvei Corporation.
The introduction of embedded payments by SBT simplifies the entire bill payment process within the text channel, encompassing the whole journey from initiating a payment to its completion. It will offer consumers a faster, more convenient and efficient transaction process in their preferred medium. Consumer finance companies will also enhance customer relationships and streamline billing and receivables management processes.
While talking about this, David Baxter, CEO of Solutions By Text, said that the announcement “represents a pivotal moment in SBT's mission to revolutionize the bill pay experience and signals our platform will continue to be at the forefront of consumer bill payment trends, as evidenced by Datos' market research."
[Source – Cision PR Newswire]
David Baxter further emphasized that embracing embedded payments over text means meeting and exceeding the evolving expectations of customers and their consumers, delivering an experience that drives results and sets the company on a path to continued growth and success in this dynamic market.
This launch will bring forth a host of enhancements, including enabling payments through simple keywords such as ‘Pay Now’ for expedited transactions, enhancing automated payment management by diminishing manual workloads and resource optimization and ensuring the security of customer data through secure tokenized PCI-compliant payments, thus bolstering the safeguarding of sensitive information. Additionally, it will facilitate regulatory compliance by leveraging FinText's pre-vetted, carrier-approved messaging templates, ensuring adherence to rigorous industry regulations.
About Solutions by Text
Solutions by Text, a pioneer in the FinText sector, enables consumer finance companies to engage, interact, and conduct transactions with their consumers in real time. Since its establishment, the company has offered compliance-focused conversational messaging solutions in the enterprise sector. Solutions by Text is committed to realizing its vision of introducing real-time payments to the text-based domain, fostering a seamless and persistent bill payment experience for businesses and their consumers.