Tag Archives: Kevin Collins

Business, Finance, Occupation & Industry

Fiserv Partners with ChannelNet to Create Enhanced Self-Service Channel for Lenders to Offer Borrowe

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By Business Wirevia The Motley Fool

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Fiserv Partners with ChannelNet to Create Enhanced Self-Service Channel for Lenders to Offer Borrowers

  • LoanLink allows financial institutions using LoanServ from Fiserv to launch secure, customizable and cost-effective websites that meet customer expectations
  • Solution gives borrowers 24/7 access to loan transactions, and the ability to view and update loan information in real-time

BROOKFIELD, Wis.–(BUSINESS WIRE)– Fiserv, Inc. (NAS: FISV) , a leading global provider of financial services technology solutions, announced today that it has partnered with ChannelNet, a multichannel marketing solutions company, to create an enriched version of LoanLink™, a consumer-facing online channel that enables clients of LoanServ™ to quickly roll-out robust self-service websites for their borrowers. LoanServ from Fiserv is a real-time servicing solution that streamlines processes for all retail loans.

The LoanLink offering is built on ChannelNet’s patented and scalable SiteBuilder™ software, and provides lenders with the ability to rapidly launch customized websites. Each SiteBuilder website comes with powerful administration features, personalization capabilities and content management tools for the financial institution. For the consumer, LoanLink provides additional self-service features and intuitive account management tools, such as the ability to make payments online, receive loan payoff information, view transaction history and update personal and financial information related to their loans. This flexibility puts more control in the hands of the consumer, which can lead to higher levels of customer satisfaction and retention.

“Borrowers today are seeking the most convenient options for managing their loans. LoanLink brings loan data to the consumer and facilitates online activities – including escrow balances and loan modification options – reducing calls to a customer service department,” said Kevin Collins, president, Lending Solutions, Fiserv. “This ability leads to greater efficiency and cost savings for the financial institution and a superior customer experience for the borrower. In addition, our clients have a tremendous opportunity to grow electronic payment usage among their borrowers.”

This strategic partnership with ChannelNet enables Fiserv to enhance the LoanLink platform and speed the time to market for banks, credit unions and any other servicing operation using the solution. Consumers have access to multiple accounts through a single sign-on feature and expanded self-service tools for mortgage, installment and revolving credit accounts. LoanLink leverages a broad selection of web services and pulls data directly from the LoanServ platform.

Each institution using LoanLink can customize the website to meet specific branding and function or feature needs.

From: http://www.dailyfinance.com/2013/04/11/fiserv-partners-with-channelnet-to-create-enhanced/

Business, Finance, Occupation & Industry

Common Origination Platform and LoanServ from Fiserv Integrated for Improved Efficiency and Seamless

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By Business Wirevia The Motley Fool

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Common Origination Platform and LoanServ from Fiserv Integrated for Improved Efficiency and Seamless Data-Sharing

  • Integration will provide full circle loan boarding process for all mortgage, line of credit and installment loans
  • Benefits include fewer errors and real-time integration between originated and closed loans in Common Origination Platform and LoanServ systems

BROOKFIELD, Wis.–(BUSINESS WIRE)– Fiserv, Inc. (NAS: FISV) , a leading global provider of financial services technology solutions, announced today that its Common Origination Platform™ and LoanServ™ solutions have been integrated to provide real-time, full-circle loan boarding processes for all mortgage, lines of credit and installment loans. The integration improves efficiency for all users by sharing data points and eliminating potential errors caused by manual data entry.

With an increasing number of financial institutions supporting both production and servicing operations, the integration of the Fiserv solutions provides a consolidated view of each customer as well as a single view of risk for their loan portfolios. The integration eliminates duplication within processes and the business management of the systems.

“Fiserv has clients that use LoanServ to service mortgages, unsecured personal loans and home equity products, and others are using Common Origination Platform to also originate and close the same types of loans,” said Kevin Collins, president, Lending Solutions, Fiserv. “As a result of our integration strategy, organizations that deploy both Common Origination Platform and LoanServ will experience the benefits of improved efficiency and enhanced technology that meets all industry standards.”

Regulatory requirements impact the need for greater standardization during the origination process and how data is presented to borrowers. On the servicing side, monthly statements also are becoming more standardized. The seamless integration of Common Origination Platform and LoanServ will eliminate duplication within processes and the business management of the systems, as well as reduce the number of touch points that may obscure an organization’s total relationship with its lending customers.

LoanServ processes all loan types, including default management and collections, and investor accounting for both closed-end and revolving loans. With the LoanServ solution, data transactions are available online, in real-time so lenders don’t have to contend with the limitations associated with an end-of-day batch processing cycle.

Common Origination Platform is an enterprise lending solution designed to originate consumer, business, mortgage and real estate-backed loans. Additionally, lenders can establish their own business standards including operating procedures, conditions and limits …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Fiserv Reports Record-Setting Transaction Volume on its Automotive Loan Origination System in 2012

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By Business Wirevia The Motley Fool

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Fiserv Reports Record-Setting Transaction Volume on its Automotive Loan Origination System in 2012

  • More than 10.8 million loan applications processed and 3.7 million contracts funded on auto industry’s leading end-to-end lending and leasing solution
  • Robust, flexible solution offering accuracy, speed and consistency helps dealers and OEMs gain competitive edge

BROOKFIELD, Wis.–(BUSINESS WIRE)– Fiserv, Inc. (NAS: FISV) , a leading global provider of financial services technology solutions, announced today that 2012 was a record-setting year for its Automotive Loan Origination System (LOS), with more than 10.8 million loan applications and 3.7 million contracts processed through the company’s auto lending platform. This marks a 31 and 33 percent year-over-year increase for applications and contracts, respectively.

The growth reflects the return to health of the automotive industry that was driven, in part, by renewed consumer demand following the past year’s uptick in the economy. The industry has witnessed the emergence of both established and new lenders vying to meet the needs of growing segments.

“We are seeing continued growth in the sector due to favorable interest rates and pent-up consumer demand, which contributed significantly to the record-setting volumes being supported by our Automotive Loan Origination System,” said Kevin Collins, president, Lending Solutions, Fiserv.

Fiserv technology gives lenders access to robust workflow tools that help them view their borrowers and their auto lending portfolios more holistically. This enables them to make smarter decisions and fund the most appropriate type of loans.

“Three key elements are currently driving best-practice use of auto finance technology: third-party collaboration and integration of applications that offer seamless services; eContracting and other digital initiatives that eliminate paper and reduce costs; and business process outsourcing, which delivers high-quality services as an extension of a lender’s business,” Collins added.

Automotive Loan Origination System from Fiserv is a comprehensive end-to-end solution for automotive originations, from electronic application capture through efficient credit processing, funding verification, validation and booking of new loans and leases. The system assures a fast and efficient origination process, enforces compliance, mitigates risk and promotes profitable growth by lowering processing costs.

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SF Cops Name Suspect in 29-Year-Old Abduction Case

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By Kevin Spak San Francisco police have reopened a 29-year-old abduction case, renewing the search for the body of Kevin Collins, who disappeared in 1984 when he was 10 years old, and publicly naming a suspect for the first time. That suspect, who was last known as Dan Leonard Therrien but has gone… …read more
Source: FULL ARTICLE at Newser – Home

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Police working on 1984 Calif. boy's disappearance

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San Francisco police are asking for the public’s help in the decades-old disappearance of a 10-year-old boy that garnered national attention at the time.

Police Chief Greg Suhr on Wednesday said investigators are seeking more information on a man they believe may have abducted Kevin Collins from a bus stop in 1984.

The man, Dan Therrien, is described as a “person of interest” who died in 2008.

He was questioned in the days after Kevin was reported missing. Investigators only recently discovered Therrien’s full criminal history because he had used several aliases.

Police last week dug up the backyard and garage of the home where Therrien used to live, which is blocks from the bus stop. Only dog bones were recovered.

…read more
Source: FULL ARTICLE at Fox US News

News, Politics, Government

Calif. home searched in 1984 disappearance of boy

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It has been nearly 30 years since 10-year-old Kevin Collins disappeared while waiting for a bus after basketball practice. His mother, now 72, said she felt numb as she watched police search a San Francisco home in connection to the decades-old cold case.

“To see them digging in a building so close to where he disappeared was shocking,” Ann Collins said.

The search Tuesday of a backyard and garage of a home near the city’s Haight-Ashbury district has renewed interest in the high-profile disappearance in 1984. Photographs of the freckled-face boy, plastered on milk cartons and posters throughout San Francisco, turned it into one of the first child disappearances to garner national attention.

The home search was a “follow up to the cold case investigation,” police said in a statement.

A law enforcement official, speaking on condition of anonymity because the search warrant was sealed, said a “person of interest” in the disappearance lived in the house at the time. That person has since died, and police said the current residents were not suspects.

Police didn’t disclose what prompted investigators to seek a search warrant and renew the probe into the case. The FBI and the Alameda County sheriff’s department contributed to the search.

During the search, cadaver dogs indicated remains were under the concrete in the garage. Police said a preliminary review showed them to be animal bones, but the San Francisco medical examiner’s office was conducting tests.

Collins, Kevin’s mother, said she felt mostly “just numb” as the search took her on an emotional roller coaster ride, especially after the remains were reported to be from an animal.

Since her son’s disappearance, Collins and her husband divorced, and she moved to the San Francisco suburb of Concord.

“It would be nice to have closure,” she said. “But then a part of me, you know, doesn’t want to find him like that.”

Kevin was last seen waiting for a bus after basketball practice at St. Agnes School in the Haight. The search for him went citywide, and his photograph was on the cover of Newsweek in 1984.

Source: FULL ARTICLE at Fox US News

News, Politics, Government

San Francisco home searched in connection with boy's 1984 disappearance

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Police searched a home in San Francisco on Tuesday in connection with the high-profile disappearance of 10-year-old Kevin Collins nearly 30 years ago.

The San Francisco Police Department said in a statement that the examination of the backyard and garage of the house near the city’s Haight-Ashbury district was a “follow up to the cold case investigation” into Collins’ disappearance. SFPD said the current residents aren’t suspects.

A law enforcement official said a “person of interest” in Collins’ disappearance lived in the house at the time. That person has since died.

The official spoke on condition of anonymity because the search warrant used to inspect the property was sealed.

During the search, cadaver dogs indicated the presence of remains under the concrete in the garage. The Police Department said a preliminary review of the remains showed them to be animal bones, but the San Francisco medical examiner’s office was conducting further tests.

SFPD didn’t disclose what prompted investigators to seek a search warrant and renew the probe into the case. The FBI and the Alameda County Sheriff’s Department contributed to the search Tuesday.

Collins was last seen waiting for a bus in the neighborhood after basketball practice at St. Agnes School in the Haight.

Following his disappearance, a local search that included the plastering of his photograph on posters throughout the city blossomed into one of the first child disappearances to garner national attention. His photograph was on the cover of Newsweek in 1984.

Source: FULL ARTICLE at Fox US News