News from the Wire

Vergent LMS, Payliance partner in lending services

Tuesday, November 30, 2021 — 10:19:45 (EST)

Ridgeland, MS, November 30, 2021 – Vergent, a premier provider of omnichannel loan management software, announced that it has partnered with lender payment processor, Payliance, to expand their payment integration suite. With this integration, Vergent provides more options for lenders to optimize payment channels and solutions.

Payliance provides payments, verification, and recovery services to help lenders get paid. These services will now be available to businesses directly through Vergent’s lending platform, creating an optimal payment experience for lenders and their customers.

“We are excited to work with a partner like Vergent,” said John Cullen, CEO of Payliance. “They serve an impressive array of lenders, and by working through their platform, we can provide even more lenders with peace of mind that their payments are secure.”

The Vergent LMS team has combined their lending experience with their software expertise to develop the industry's most robust management solution. With 129+ years of combined lending experience, Vergent offers software optimized for consumer, small-dollar, auto and online lenders. The company has thrived by creating the only lending solution that can streamline the entire loan lifecycle. From origination through servicing, Vergent provides one end-to-end solution for any lender. The company's vision is to grant lenders a seamless platform that allows lenders to make any loan, anytime, anywhere.

“Payliance has been a great partner for us as we provide support for lenders in every step of the lending process,” said Scott Putnam, CEO of Vergent. “We are proud to work with other companies that promote lender success and make it easier for them to serve their borrowers.”

About Payliance

Founded in 2007, Payliance offers deep expertise in the lending, collections, E-commerce, and gaming industries. With years of experience in serving the changing needs of our clients, Payliance understands the unique compliance and risk management requirements that go beyond a traditional ACH or merchant services provider. For highly regulated industries (like lending), our proprietary approach to verification, processing and recovery services gives our clients an edge with the piece-of-mind that Payliance is the most trusted partner in payments. For more information, visit payliance.com. About Vergent Loan Management Software Vergent Loan Management Software (Vergent LMS) provides an omnichannel lending solution for lending institutions and financial services organizations. Based out of Mississippi, Vergent offers an end-to-end solution for consumer, small-dollar, auto and online lenders. Founded in 2006, the company serves lenders in the U.S., Canada, Mexico, and Central America. With over $690 billion serviced and 20,000 active users, Vergent offers lenders an intuitive software that seamlessly adapts to any business. To learn more about Vergent LMS, go to vergentlms.com.

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Source: Company press release.