DEFI SOLUTIONS


Associated tags: Warburg Pincus, Bain Capital Ventures, Finance, Defi, Professional Services, Automotive, General Automotive, Software, Banking, Fiserv, Data Management, Fintech, Other Professional Services

Locations: UNITED STATES, NORTH AMERICA, SOUTH CAROLINA, MISSOURI, TEXAS, SC, MO

defi SOLUTIONS Launches Thorough Infrastructure Intrusion Investigation and Refutes Confidential Information Hacking Claims

Retrieved on: 
Monday, April 29, 2024

No sensitive defi information, client information, or consumer information was accessed.

Key Points: 
  • No sensitive defi information, client information, or consumer information was accessed.
  • Given the limited nature of the accessed information, defi did not provide public notice of this intrusion.
  • The hackers have since followed through on threats and have begun contacting certain organizations, falsely claiming to have confidential information.
  • “This is nothing more than a bluff,” said Robert Olen, VP, Information Security, defi SOLUTIONS.

Manheim San Antonio Earns defi MANAGED SERVICING Remarketing 2023 Auction of the Year

Retrieved on: 
Tuesday, April 2, 2024

defi MANAGED SERVICING Remarketing, the remarketing services of the defi SOLUTIONS platform of products and services, is recognizing the relationship and contributions of partner Manheim San Antonio by bestowing its annual award for Auction of the Year.

Key Points: 
  • defi MANAGED SERVICING Remarketing, the remarketing services of the defi SOLUTIONS platform of products and services, is recognizing the relationship and contributions of partner Manheim San Antonio by bestowing its annual award for Auction of the Year.
  • With more than 100 operating locations worldwide and mobile auctions held at non-traditional locations, Manheim San Antonio and other Manheim auctions continuously perform at the top of their game for defi and its lenders.
  • defi continues to offer a full-service remarketing program – with reconditioning, inspection, transportation, and auction sale – for banks and financial institutions of all sizes.
  • “Manheim San Antonio made an impressive showing this past year,” said Steve Bissett, defi SOLUTIONS VP of client services.

defi SOLUTIONS, the Leader in Originations Software Development, Primes the Industry for Innovation with defi ORIGINATIONS for Lease or Loan

Retrieved on: 
Thursday, January 25, 2024

defi ORIGINATIONS is powered by the ambitions of defi and clients to innovate and disrupt the industry for the benefit of dealers and borrowers.

Key Points: 
  • defi ORIGINATIONS is powered by the ambitions of defi and clients to innovate and disrupt the industry for the benefit of dealers and borrowers.
  • On a technical level, defi ORIGINATIONS is modularized and architected using cloud-native, SaaS-based technologies for lightning-quick processing times, scalability, flexibility, and advancements such as artificial intelligence.
  • On a functional level, defi ORIGINATIONS is designed for no-code configuration, automation, peak performance, and the ultimate in efficiency.
  • defi ORIGINATIONS is feature rich, results driven, and flexibility focused to allow a lender to run a total loan or lease originations operation on a single platform.

defi SOLUTIONS Announces New Partnership with Gestalt Tech for Data Warehousing Capabilities for Lenders

Retrieved on: 
Tuesday, December 12, 2023

defi SOLUTIONS is pleased to announce the addition of Gestalt Tech to the defi family of data and service providers partnering to improve fintech for the lending industry.

Key Points: 
  • defi SOLUTIONS is pleased to announce the addition of Gestalt Tech to the defi family of data and service providers partnering to improve fintech for the lending industry.
  • Gestalt provides lenders a cloud-based, smart data warehouse purpose built for lenders using the defi LOS originations system.
  • Gestalt eliminates the need for lenders to hire data engineers to create a data architecture, data models and data mapping while also handling security, PII, data export, and warehouse maintenance on behalf of clients.
  • “Gestalt solves a problem for our defi LOS clients in need of effective data warehousing,” said Tom Allanson, CEO, defi SOLUTIONS.

Manheim Dallas Earns defi MANAGED SERVICING Remarketing 2022 Auction of the Year

Retrieved on: 
Tuesday, June 6, 2023

defi MANAGED SERVICING Remarketing, the remarketing services of the defi SOLUTIONS platform of products and services, is recognizing the relationship and contributions of partner Manheim Dallas by bestowing its annual award for Auction of the Year.

Key Points: 
  • defi MANAGED SERVICING Remarketing, the remarketing services of the defi SOLUTIONS platform of products and services, is recognizing the relationship and contributions of partner Manheim Dallas by bestowing its annual award for Auction of the Year.
  • Manheim Dallas and other Manheim auctions continuously perform at the top of their game for defi and its lenders.
  • Manheim Dallas has earned top 3 recognition from defi for the past 5 years.
  • “Manheim Dallas consistently ranks as a volume sales leader,” said Steve Bissett, defi SOLUTIONS VP of client services.

defi SOLUTIONS Announces the Feature and Roadmap Expansion of defi SERVICING, the Software as a Service Solution for Auto Lease or Loan Servicing

Retrieved on: 
Wednesday, January 25, 2023

defi SOLUTIONS, provider of defi SERVICING and defi ORIGINATIONS (software-as-a-service) and defi MANAGED SERVICING (servicing outsourced) announces an expansion of defi SERVICING features and product roadmap.

Key Points: 
  • defi SOLUTIONS, provider of defi SERVICING and defi ORIGINATIONS (software-as-a-service) and defi MANAGED SERVICING (servicing outsourced) announces an expansion of defi SERVICING features and product roadmap.
  • View the full release here: https://www.businesswire.com/news/home/20230125005223/en/
    Top lenders in North America have long appreciated the stability and scalability of defi SERVICING.
  • Through self-configuring defi SERVICING features, lenders can create a customized, curated experience for a lender’s servicing team and its customers.
  • In addition to using the defi SERVICING software, lenders can also outsource all or a portion of their servicing operation to defi MANAGED SERVICING.

defi SOLUTIONS Expands Its Amherst, New York Facility and Extends defi MANAGED SERVICING Hours of Operation

Retrieved on: 
Tuesday, November 8, 2022

Elements of certain processes, such as payment receipt and vehicle titling, require onsite workers and physical title vaults. The Amherst facility offers secure access control with badge-in access and security cameras, and further protects people and assets through backup generators and state-of-the-art fire suppression systems. The new square footage includes the addition of three new title vaults, each 12 feet in height, with combined storage of 1.8 million physical vehicle titles. Title access is managed using a new quality-centric inventory control system that digitally logs and reports on any title filed or pulled -- by whom, on what day, and at what time -- and also carefully tracks the title back to a defi client’s account. defi MANAGED SERVICING clients currently include a growing list of the largest lenders in the United States.

Key Points: 
  • defi SOLUTIONS has announced the expansion of the Amherst, NY facility that houses the companys newly renamed defi MANAGED SERVICING outsourced servicing operation.
  • Essential workers in the Amherst facility are using workflow automation and document digitization to enable a growing defi SOLUTIONS remote U.S. workforce as well.
  • Supported by both onsite and remote team members, defi MANAGED SERVICING has extended its customer call center, front office, and back office operations to 12 hours a day, 5 days per week.
  • defi MANAGED SERVICING clients currently include a growing list of the largest lenders in the United States.

defi SOLUTIONS Expands Its Amherst, New York Facility and Extends defi MANAGED SERVICING Hours of Operation

Retrieved on: 
Tuesday, November 8, 2022

WESTLAKE, Texas, Nov. 8, 2022 /PRNewswire/ -- defi SOLUTIONS has announced the expansion of the Amherst, NY facility that houses the company's newly renamed defi MANAGED SERVCING outsourced servicing operation.

Key Points: 
  • "We are especially grateful to the essential workers who enable a growing, remote workforce," defi CEO Tom Allanson.
  • Essential workers in the Amherst facility are using workflow automation and document digitization to enable a growing defi SOLUTIONS remote U.S. workforce as well.
  • Supported by both onsite and remote team members, defi MANAGED SERVICING has extended its customer call center, front office, and back office operations to 12 hours a day, 5 days per week.
  • defi MANAGED SERVICING clients currently include a growing list of the largest lenders in the United States.

defi SOLUTIONS Introduces defi MANAGED SERVICING, A New Way of Thinking and Talking About Auto Lease and Loan Servicing

Retrieved on: 
Thursday, October 6, 2022

defi SOLUTIONS has announced a market realignment of the companys technology-enabled, managed services outsourcing for lenders and introduced defi MANAGED SERVICING.

Key Points: 
  • defi SOLUTIONS has announced a market realignment of the companys technology-enabled, managed services outsourcing for lenders and introduced defi MANAGED SERVICING.
  • defi MANAGED SERVICING, formerly called defi BPO, manages the auto lease and loan portfolios of lenders.
  • Only defi provides enterprise-level originations and servicing SaaS systems and also can manage a lenders lease or loan portfolio from end-to-end using its proprietary servicing system.
  • This intersection of product need and desire for excellence results in defi SERVICING enabling the delivery of defi MANAGED SERVICING and in lenders benefitting from decades of defi team member expertise in the lending industry and in the companys own state-of-the-art defi SERVICING system.

defi REMARKETING recognizes ADESA Cincinnati/Dayton as 2021 Auction of the Year

Retrieved on: 
Thursday, April 7, 2022

defi REMARKETING, the end-to-end remarketing services of defi SOLUTIONS, is announcing its recognition of ADESA Cincinnati/Dayton as its 2021 Auction of the Year.

Key Points: 
  • defi REMARKETING, the end-to-end remarketing services of defi SOLUTIONS, is announcing its recognition of ADESA Cincinnati/Dayton as its 2021 Auction of the Year.
  • View the full release here: https://www.businesswire.com/news/home/20220407005045/en/
    ADESA is a leader in the wholesale auto auction industry, serving customers both online and at its physical auction locations across North America.
  • ADESA Cincinnati/Dayton has been a top performing auction for defi and its lender clients for many years, taking top honors for three of the past four years.
  • During these decades, defi REMARKETING has been well-supported by experienced staff, leading technology, proven processes, and strong industry relationships, such as this partnership with ADESA.