UTrust Solutions announces Web Services

UTrust Solutions announces new Web Service based Credit Reporting and Credit Decisioning for the Financial and Transaction Processing Industries. This new service provides an interface using XML data structures and http protocol to offer Credit Bureau Access and/or full decisioning capability.

Merchant Processors, ISO's and Financial Institutions can gain access to Credit Reports, Credit Validation and Credit Decisioning through the ICAT® decision engine. Clients can use a variety of security options from customer authenticiation, SSL, VPN and custom encryption/decryption services. Standard and Client Defined Element Packets are also available.

Integration with existing applications is Fast, Easy and can be implemented very quickly. Additional CRM applications are available for management reporting, research and Credit Queue's.

UTrust Solutions brings Enhanced e-Application for Merchant Acquirers

UTrust Solutions Corp. introduces IDeA a Web and PDA-accessible electronic application system that streamlines the way financial institutions originate and process merchant applications for credit card services.

With the IDeA technology, potential merchant acquirers submit secure, encrypted files containing their application data to a financial institution. The system incorporates the unique underwriting guidelines of each client/user and validates the merchant prior to initiating the review and decisioning process.

For financial institutions, the IDeA technology replaces the numerous documents that merchant applicants now most often complete by hand and deliver by mail or fax. These documents must be re-keyed by the financial institution, resulting in days or weeks of delay before a merchant can be approved to offer credit card services to its customers.

For the protection of both merchants and financial institutions, the IDeA system features 128 bit encryption SSL websites, intrusion detection software and 24x7 environmental and systems monitoring.

IDeA is now available for all financial institutions wishing to offer a real time credit and validation solution to the labor-intensive merchant application. A demonstration of the product is available by contacting client services at (678)919-7668 or by email .