PHILADELPHIA, Jan 27, 2012 (BUSINESS WIRE) –VINtek, a provider of automotive collateral management, electronic lien and title (ELT) services and direct finance processing for automotive lenders, recently hosted its annual Client Advisory Board (CAB) meeting in Daytona, Fla., at the Daytona International Speedway, home of NASCAR’s Daytona 500 race.
VINtek’s 2011 CAB meeting was attended by clients ranging from the world’s largest credit union and the nation’s largest bank by asset size to a variety of smaller community financial institutions. the forum facilitated discussion and collaboration around the design of new features and functionality of VINtekTIME(R), the provider’s Web-based automotive collateral management system for electronic and paper-based vehicle titles.
the meeting also enabled clients to gain insight on new auto lending trends and technology advancements, as well as state and local government plans on vehicle titles and liens. Attendees were updated on states planning to introduce ELT, new legislation affecting the processing of liens and a variety of other governmental compliance items.
“VINtek’s client advisory board meeting is a gathering of our most active clients and consists of different types and sizes of financial institutions. the interactive nature of the meeting encourages comprehensive client input and feedback,” said Larry Highbloom, president of VINtek. “The meeting provides a forum for our clients to share their needs and ideas for enhancements to VINtekTIME(R) in order to save time, condense tasks and create more automated processes.”
Clients that were unable to travel to the meeting location were able to participate via webinar.
in its 21st year, Philadelphia-based VINtek provides automotive collateral management services, ELT and direct auto finance solutions for banks, credit unions and other auto finance institutions. through its offices in Philadelphia, Las Vegas, Sacramento, Calif., and Troy, Mich., VINtek enables lenders to increase customer satisfaction and operating efficiency while simultaneously decreasing costs and errors associated with automotive collateral management through the introduction of innovative consumer loan servicing technologies. VINtek holds three U.S. patents on automotive lien processes and is the recipient of numerous industry awards for its processing services. For more information, visit vintek.com .
For VINtek Media contact Bevin Rochester, 212-510-7974
Copyright Business Wire 2012