Thriving through the challenges of 2020, Vervent is entering the new normal stronger than ever. Founder & CEO David Johnson, supported by an impressively tenured leadership team, steers Vervent with vision and determination to continue expanding the company’s competitive footprint within the Lending as a Service (LaaS) ecosphere and provide clients with top-flight financial support services including Loan & Lease Servicing, Call Center Services, Backup Servicing/Capital Markets Support, Credit Card Servicing, Card Marketing & Customer Acquisition, and Third-Party Collections through its wholly owned subsidiary Activate Financial.
In December 2020, Vervent acquired Total Card, now Vervent Card, fortifying its position as a pre-eminent financial services provider across industries and adding a full suite of credit card program management services to its roster. This addition to Vervent’s tech-forward, compliant, and proven approach continues to position the company for future success, while expanding into credit card marketing and underwriting supports Vervent’s mission of ensuring financial inclusion and increased access to credit in underserved markets.
Now with the power of three companies under its Lending as a Service (LaaS) umbrella, Vervent offers comprehensive strategic services at five onshore and nearshore operations centers. The launch of Vervent Card included two new locations – one in Sioux Falls, SD, and one in Longview, TX – which adds to Vervent’s arsenal of geographically diverse and disaster-averse locations in San Diego, CA; Portland, OR; and Baja California. Together, these operations centers offer 99.9% uptime to support your business, no matter where you are headquartered. And because solutions are spread across multiple locations, they can be adjusted from region to region to keep servicing customers in the event of an emergency or natural disaster.
Vervent’s operations centers are powered by state-of-the-art technology and use AI to analyze and record every call to provide proven, turnkey solutions that let you focus on your business’s core competencies. At the heart of each location, highly trained agents and back-office administrators support a variety of industry specialties under the guidance of on-site senior management, delivering proactive, bi-lingual service to customers. A full-fledged training team equips all staff with regular process enhancements and service training to maintain compliance and minimize risk.
When it comes to compliance protocols, Vervent is at the forefront of the financial industry. In 2020, the company achieved a SOC 2 Type 2 certification, which includes alignment to HIPAA compliant servicing standards. This SOC 2 Type 2 certification attests that Vervent’s information security meets or exceeds the rigorous standards set forth by AICPA after identifying and evaluating internal and external threats, as well as privacy, accountability, integrity, and confidentiality. During this audit Vervent also reaffirmed the SOC 1 Type 2 certification of its policies and procedures, proving its transparency and effectiveness.
As one of the pre-eminent Lending as a Service (LaaS) companies, Vervent sets the global standard for outperformance by delivering superior expertise, future-built technology, and meaningful services to highly regulated industries. Across the board, Vervent empowers companies to accelerate their business with attention to compliance and customer service.
Are you ready to accelerate? Contact Vervent today – 888.486.2509 or firstname.lastname@example.org.