PHILADELPHIA (6/6/08)--The Electronic Lien and Title (ELT) program, developed by the Georgia Department of Revenue, went live May 22 with Philadelphia-based VINtek as its first authorized ELT service provider. Georgia joins 12 other U.S. states offering ELT as an environmentally friendly green alternative to paper-based titles. “Electronic titles also reduce the risk of fraud by eliminating documents that can be stolen or manipulated by a third party,” said Bart Graham, Georgia Department of Revenue commissioner. Regional Acceptance Corp., a Greenville, N.C.-based auto finance lender is the first lender to use ELT in Georgia with VINtek. VINtek is a provider of automotive collateral management services for credit unions and other lenders.
NORCROSS, Ga. (6/6/08)--S1 Corp. and Clickatell will provide on-demand text-based mobile services through the S1 Enterprise and Postilion Banking Solutions, the companies announced at the S1 Enterprise Customer Conference in Miami. S1 and Postilion customers can use the short message service (SMS) to check account balances, transfer funds, view account alerts and conduct person-to-person payments. SMS also allows users to monitor potential fraud through their mobile phones. “As [financial institutions] continue to reach out to an increasingly mobile customer base, they require the ability to communicate interactively with their customers in a secure, real-time manner,” said Pieter de Villiers, Clickatell CEO. Clickatell’s global messaging system delivers transactions to and from cell phones over 700 networks in more than 200 countries. S1 is a provider of integrated banking solutions for financial institutions including credit unions. Postilion offers integrated solutions for self-service banking, and Clicktell provides mobile messaging solutions.