Vergent and iQDE Announce Strategic Partnership for the Benefit of Lenders

JACKSON, miss. and IRVING, Texas, September 21, 2020 / PRNewswire / – Vergent Loan Management Software and iQ Decision Engine (iQDE) have partnered to provide a comprehensive fintech infrastructure platform for lenders that includes integrated software, data and decision models. The joint effort is the first of its kind for both companies and an exciting introduction for iQDE.

Vergent offers comprehensive consumer, installment and auto loan portfolio management tools from over 50 years of accumulated experience, while iQDE supports the technology used to make credit decisions based on over 18 years of experience and two million customer loans hold true. With this partnership, the companies offer complementary services and a seamless omni-channel experience for lenders.

Scott Putnam, CEO of Vergent, said of the partnership:iQDE is the definitive industry leader in credit decision making with years of successful experience in generating significant loan volumes. Embedding the IQDE engine in the powerful Vergent LMS Enterprise lending platform provides the absolute best industry solution for lenders looking to expand their portfolio and effectively manage the associated risk profile.

Brian Kamedula, Chief Revenue Officer at iQDE, also said: “This new company represents a big step for iQDE and will put our decision-making software at the center. Vergent is an established leader in credit management systems and we are very happy to be working with them.”

Each company will continue to offer individual services and rely on the combined network to improve customer relationships.

Via Vergent’s credit management software

Vergent is a credit management software company based in Ridgeland, Mississippi. Founded in 2006, the company provides web-based credit management software for thousands of storefront and online financial services companies in the United States. Canada, Mexico and Central America. The company is a six-time Inc. 5000 honoree, reflecting its status as one of the 5,000 fastest growing private companies in the country.

About iQ Decision Engine

iQ Decision Engine is a fintech company based in Irving, Texas. As a spin-off of the Cortex loan platform, the company has been offering decision-making software based on 18 years of development since 2019 2M Consumer credit and $ 4 billion emerged in numerous loan portfolios.

SOURCE TF Holdings, Inc.

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