Can new technologies for payment processing save your company time and money? Find out at the 2017 ARDA World Convention in New Orleans, when Peter Moody, vice president of business development at Equiant, a Scottsdale, Ariz.-based accounts receivable servicing provider, participates in a session devoted to the topic. “What’s in your Wallet? What Solutions are Available for Payment Processing to Reach Your Consumer?” will take place on Tuesday, March 28 from 9:00 a.m.-10:15 a.m. during educational session Wave 1.
The session will cover everything from mortgage payments and maintenance fees to revenues from activities and dining. Attendees will learn about solutions available to engage customers, keep accounts up to date, and keep cash flow consistent by making it easy to make a payment. The panel will also discuss payment cards, including EMV (chip card technology).
“I’m excited to share new developments and best practices in accounts receivables,” Moody says. “Our clients have achieved substantial savings by leveraging our payment processing platform, and are assured their customers’ credit card data is safe and secure under our PCI level 1 compliance model. I’ll also present some new payment trends developers and HOAs are turning to and new payment channel expectations that younger buyers are looking for.”
Recently, Equiant has rolled out new benefits and features for its industry-leading technology, service and security, and clients have responded, creating double-digit growth.
Equiant’s new Platform as a Service (PaaS) model allows clients to service their accounts in-house. Using the “cloud,” Equiant’s platform provides the servers, storage methodology and other technology to host developer accounts. “In the current era of data security challenges and strict collections’ law, that’s an important distinction,” Moody says. “The cloud-based platform operates under PCI Level 1 certification standards and SSAE 16 compliance requirements and is hosted at the SUPERNAP data center in Las Vegas, one of just five in the world rated as an ultra-secure Tier IV facility. Data stored there is secure from hacking as well as natural disasters, power outages and other possible business interruptions.”
Clients that prefer traditional loan servicing agreements (or have lenders that require them) can rely on Equiant’s industry leading performance for outsourced accounts. Every Equiant client has access to best practices and toolsets that transform the payment-processing function and improve portfolio performance. Equiant’s Business Intelligence Tools (BITs) allow developers to create their own detailed reports with the information they find most valuable. Developers can create custom charts and graphs to reveal both historical and current trend analysis from a high level or to drill down to specific data in an area of interest.
Equiant can also facilitate electronic processing of documents and loan servicing, as well as digital document custody. To learn more about Equiant, call Moody at (480) 636-4888.
To register for the upcoming ARDA World Convention, which will be held March 26-30, 2017 at the Hyatt Regency in New Orleans, visit www.arda.org.
About Equiant: Equiant is one of the leading timeshare servicers in the United States with a portfolio that exceeds $1 billion and includes more than 125,000 individual consumer loans. Over the past 28 years, Equiant has serviced more than 1.5 million loans and 1.25 million maintenance fees accounts. Its array of products and services includes loan receivables and maintenance fee servicing on a fully hosted web platform, Platform as a Service (PaaS) receivables technology, point of sale merchant processing, delinquency control, document custody (including digital), and analytic reporting. To learn more about Equiant’s industry-leading security and receivables servicing, call Peter Moody at (480) 636-4888 or visit www.equiant.com.
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