FOR IMMEDIATE RELEASE

For more information contact:
Carleton Sales Team
574.243.6040 option #3
sales@carletoninc.com

 

Columbia, MD (August 10, 2012): Credit Management Solutions Inc (CMSI), a leading provider of credit automation systems for all types of consumer lending, announced today the full integration of Carleton’s consumer lending calculation and compliance engine, SmartCalcs, into their loan origination system, Origenate. SmartCalcs combined with Carleton’s customer support will provide an enhanced option to CMSI’s clients for compliant computational accuracy.

With Origenate, lenders can utilize CMSI’s powerful decision engine to ensure that each step in the process is complete and compliant. Origenate features self-documenting tracking and audit trails, identity verification, red flag rules, and much more, including lender-defined rules and parameters. “Adding Carleton’s compliant calculations is a natural next step in extending our capabilities and giving lenders the best available compliance tools,” said Chip
Riordan, President and CEO of CMSI.

“Compliance and calculation accuracy are top priorities in this new regulatory environment. To meet the compliance requirements of more than 250 Consumer Lending state laws and regulations nationwide, we turned to Carleton, the most experienced in the industry for calculation accuracy and compliance support,” added Chip Riordan.

Patrick J. Ruszkowski, President and CEO of Carleton, believes the alliance with CMSI is an absolute “win-win” situation for both companies. “Compliance is certainly critical to the success of any financial service provider,” he noted, “and we appreciate the opportunity to combine both of our companies’ expertise in providing a very strong loan calculation and compliance support solution within Origenate. Carleton is pleased to be working with one of the long-time LOS providers in the consumer lending industry.”

About Credit Management Solutions Inc. (CMSI)

With over two decades of industry leadership, CMSI is a premier provider of advanced credit automation solutions. CMSI solutions handle the processing and decisioning of all types of consumer credit. Using web-based, opensystems technology, these solutions also provide integration with popular application aggregators, client websites, major fraud and ID verification providers, and loan servicing solutions, as well as the major credit bureaus. Additionally, CMSI provides support for advanced eSignature and other electronic document technologies. The choice of many of North America’s largest lending institutions and other organizations, CMSI offers software as a service on a transaction basis or through a traditional software license. For more information, visit www.cmsinc.com.

About Carleton, Inc.

Carleton Inc. is the country’s leading provider of financial calculation software, loan origination and compliance support, and document delivery software. Founded in conjunction with the Truth-In-Lending act in the late 1960’s, their client list has grown to include most of the major lenders, automotive finance captive companies, credit insurance companies, and loan origination software providers in the United States. Carleton Inc. is headquartered in South Bend, Indiana. To learn more about Carleton’s lending solutions, contact our sales team at sales@carletoninc.com or 574-243-6040 option #3.

FOR IMMEDIATE RELEASE

For more information contact:
Carleton Sales Team
574.243.6040 option #3
sales@carletoninc.com

 

OVERLAND PARK, KS (May 5, 2014): VinSolutions, Inc., a marketplace leader and developer of Internet-based customer relationship management (CRM) for the automotive industry, announced today the integration of Carleton’s CarletonCalcs® consumer lending and leasing calculation engine into its recently enhanced desking platform. Carleton provides lending compliance software products to many of the major lending captives and lenders in the auto industry. This new integration will enable VinSolutions dealers to stay in compliance with auto lending regulations, which frequently change.

“At VinSolutions, we are committed to making it easier for salespeople to close deals faster and easier, and providing a comprehensive desking solution is a key component in achieving that goal,” said Brian Skutta, vice president and general manager of VinSolutions. “We needed a partner that understands the ever-changing auto lending regulatory environment, and this integration of CarletonCalcs® will help our dealer customers stay in compliance today and when regulatory changes occur in the future.”

Within VinSolutions’ newly enhanced desking platform, Carleton’s CarletonCalcs® software provides greater compliance and accuracy for all the lending and leasing computations at the state, federal, and lender level nationwide. Along with handling all methods of computations in the auto industry, the robust calculation functionality of CarletonCalcs® also handles the expansive tax and fee computations for loan and lease transactions nationwide.

“Accuracy and compliance support are certainly critical to the success of VinSolutions providing a complete desking solution to their dealers,” said Patrick J. Ruszkowski, president and CEO of Carleton. “With more than 40 years of experience, we are confident that our time-tested expertise in providing compliant calculation support will be highly beneficial to VinSolutions’ customers.”

This new integration is the latest in a round of enhancements that VinSolutions has released this year for its desking platform. Other new features provides sales people with the ability to manage multiple deals at once, render deals on a tablet or mobile device, reduce redundant data entry, and provide for a more transparent and improved customer buying experience.

About VinSolutions

VinSolutions® helps dealers make every customer connection count by providing sophisticated, yet easy-to-use software solutions that span the scope of dealership operations. With its cloud-based system, VinSolutions’ all-in-one internal management, sales and service marketing solutions platform is accessible from anywhere an Internet connection is available, including mobile devices. VinSolutions is OEM certified by every major manufacturer and is ADP, Reynolds & Reynolds and DealerTrack DMS certified. Founded in 2006 and headquartered in Overland Park, Kansas, VinSolutions is wholly owned by AutoTrader Group™, which also includes AutoTrader.com®, Kelley Blue Book®, vAuto®, HomeNet Automotive® and Haystak™ Digital Marketing. AutoTrader Group is a subsidiary of Cox Enterprises. Visit VinSolutions online at www.vinsolutions.com.

About Carleton, Inc.

Carleton Inc., based in South Bend, IN, is the leading provider of financial lending and leasing calculation software, compliance support, and document generation software. Founded in conjunction with the Truth-In-Lending Act in the late 1960’s, their client list has grown to include many of the major automotive finance companies and lenders, automotive lending software providers, loan origination software providers, and credit insurance companies in the United States. To learn more about Carleton’s lending solutions, contact our sales team at sales@carletoninc.com or 574-243-6040 option #3.

FOR IMMEDIATE RELEASE

For more information contact:
Carleton Sales Team
574.243.6040 option #3
sales@carletoninc.com

Partnership Enhancing Lending Computations and Compliance Support to Deal Operator System

South Bend, IN (August 3, 2010): Wilson Technologies Inc. announced today that it has partnered with Carleton, Inc. to incorporate Carleton’s industry-leading SmartCalcs loan origination software as part of their Deal Operator CRM/Desking Tool servicing automotive dealers nationwide.

Wilson Technologies, Inc., the industry’s leading smart and efficient choice for a complete solution providing security/red flag compliance, desking, sales/finance controls & utilities, customer relation/retention lead management system to push/pull integration with most DMS systems.

Incorporating Carleton’s SmartCalcs will ensure that all loan computations are accurate and in compliance with all federal and state regulations. SmartCalcs will also accurately calculate all the additional dealer ancillary products such as service contracts, warranties, GAP, and credit insurance specific to each dealer, ensuring a complete “compliant” solution.

“Wilson Technologies is committed to bringing the best possible lending compliance support to our dealers nationwide by making Carleton and SmartCalcs part of our solution. We’re very excited to assist Carleton in delivering their platform to our dealers and ours to theirs. Any program that enhances dealership business practices is a major benefit to an auto dealer,” said John Parent, President of Wilson Technologies, Inc.

“Carleton is proud to bring our forty years of lending experience as a strategic partner of Wilson Technologies. Carleton’s ability to support all the auto computations used in the industry nationwide will assure the Wilson Technology dealer that their system will support all the lending and leasing requirements today and in the future,” said Pat Ruszkowski, President of Carleton, Inc.

About Carleton, Inc.:

Carleton Inc. is the country’s leading provider of financial calculation software, loan origination compliance support, and document delivery software. Founded in conjunction with the Truth In Lending Act in the late 1960’s, their client list has grown to include most major lenders, credit insurance companies, auto and banking loan origination system providers in the United States. Carleton, Inc. is headquartered in South Bend, Indiana. To learn more about Carleton’s lending solutions, contact our sales team at sales@carletoninc.com or 574-243-6040 option #3.

About Wilson Technologies, Inc.:

Wilson Technologies, Inc. was founded in May of 2000 in Detroit, Michigan, and is the automotive industry’s leading choice for a complete retail solution. Wilson’s core competency provides for a transactional web-based tool for security and compliance against identity theft, robust platform sales/finance controls and utilities, and sales and service customer relation/retention management system. Wilson Technologies provides red flags protection, standardizes and streamlines practices, builds revenue and increases profits for single point stores and for some of the largest dealer groups in the country. For more information, visit wilsontechnologies.us

FOR IMMEDIATE RELEASE

For more information contact:
Carleton Sales Team
574.243.6040 option #3
sales@carletoninc.com

 

Brookfield, WI (November 26, 2007): Fiserv, Inc. (NASDAQ: FISV) announced that it is embedding Carleton Inc.’s CarletonCalcs® financial compliance software into its Fiserv Automotive Solution’s Loan Origination System (LOS). Adding CarletonCalcs® directly into the Fiserv LOS automates rate calculations, validates state usury law compliance, and keeps clients up-to-date with all regulatory compliance requirements on an ongoing basis.

As a leader in automotive lending automation, Fiserv recognized synergies in integrating Carleton’s best-in-class compliance tools. The robust calculation functionality of CarletonCalcs® enables both current and future Fiserv LOS clients to accurately support a wide array of payment frequencies, skip payments, and irregular payment arrays or automotive loans and leases. CarletonCalcs® accurately accounts for all insurance and after-market add-ons, as well as all federal, state, and institutional requirements that impact loan APR calculations.

Use of the calculation and compliance tools is seamless for Fiserv LOS clients. Dependence on maintaining tables is eliminated because regulatory updates are compiled automatically by the solution. “Fiserv is committed to bringing additional value to our clients by making CarletonCalcs® functionality part of our solution,” said Kevin Collins, president of Fiserv Automotive Solutions. “This integration automatically makes our Fiserv LOS clients compliant with federal and state lending regulations. Instead of dealing with the complexity of maintaining regulatory compliance state-by-state, lenders can focus their resources on bringing in more business.”

“Having SmartCalcs available within the Fiserv LOS application alleviates compliance maintenance issues,” said Pat Ruszkowski, president and chief executive officer of Carleton. “Carleton is pleased to work with Fiserv to deliver accurate and reliable tools that make the lending process more efficient.” The Carleton-enhanced calculations and corresponding product capabilities are the foundation to expand the breadth of the Fiserv LOS loan and lease compliance, as well as for future advancements.

About Carleton, Inc.

Carleton Inc. is the country’s leading provider of financial calculation software, loan origination compliance support, and document delivery software. Founded in conjunction with the Truth in Lending Act in the late 1960s, its client list has grown to include most of the major lenders, credit insurance companies, and loan origination software providers in the United States. To learn more about Carleton’s lending solutions, contact our sales team at sales@carletoninc.com or 574-243-6040 option #3.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, business process outsourcing (BPO), software and systems solutions. The company serves more than 18,000 clients worldwide and is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. Headquartered in Brookfield, Wis., Fiserv reported more than $4.4 billion in total revenue for 2006. For more information, please visit www.fiserv.com.

FOR IMMEDIATE RELEASE

For more information contact:
Carleton Sales Team
574.243.6040 option #3
sales@carletoninc.com

 

Hauppauge, NY (November 7, 2005): Teledata Communications, Inc. a leading provider of automated loan origination and workflow automation software for lenders, has announced that it has reached an agreement with Carleton, Inc. to integrate CarletonCalcs® loan origination and compliance calculation software applications into TCI’s DecisionLender, its webbased loan origination and automated processing solution for credit unions, banks, finance companies and other lenders. The CarletonCalcs® software is highly regarded for its superior accuracy and flexibility in handling a complex array of computations that enable lenders to improve efficiency and achieve rigid compliance mandates.

“We are pleased that DecisionLender customers will be able to leverage the reliability and accuracy of CarletonCalcs® software,” noted TCI president William S. Nass. “The combination of DecisionLender and CarletonCalcs® will enable our customers to consistently achieve compliance requirements, while enhancing customer service, streamlining workflow, and reducing costs.”

DecisionLender is considered one of the industry’s most comprehensive automated loan origination, processing, and decisioning solutions. Upon receiving a loan application, DecisionLender automatically prepares the file for credit analyst review by retrieving credit and product-related valuation data, calculating loan ratios, and evaluating risk against the lending institution’s specific criteria. Lenders can also choose the option of having DecisionLender automatically decision loan requests according to the specific parameters of each financial institution.

As a web-based solution, DecisionLender is extremely flexible and cost-effective. It requires just a basic set-up charge and is available to customers on a pay-per-use basis, enabling lenders to manage their resources more effectively.

“The Carleton software and DecisionLender offer a number of synergies that form the basis for a powerful, cost-effective solution for lenders,” said Dan Hickey, director of sales and marketing for the South Bend, Indiana-based Carleton, Inc. “We look forward to working with our partner TCI in delivering enhanced reliability and efficiencies to DecisionLender customers.”

About TCI

TCI was founded in 1982 and is based in Hauppauge, NY. The company offers a wide range of solutions for lenders that include hardware and software in addition to its leading Web-based loan origination and decisioning solutions. TCI has sold approximately 30,000 licenses for its products nationally. More information is available at www.tcicredit.com.

About Carleton, Inc.

Carleton, Inc. is the country’s leading provider of financial calculation software, loan origination compliance support, and document delivery software. Founded in conjunction with the Truthin- Lending act in the late 1960s, their client list has grown to include most of the major lenders, credit insurance companies, and loan origination software providers in the United States. To learn more about Carleton’s lending solutions, contact our sales team at sales@carletoninc.com or 574-243-6040 option #3.