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defi SOLUTIONS and LCT Partner to Enhance Auto Finance Compliance

defi SOLUTIONS and LCT Partner to Enhance Auto Finance Compliance

defi SOLUTIONS, a leading provider of originations, servicing, and managed servicing software, products, and services, is excited to announce a partnership with Lender Compliance Technologies (LCT).

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LCT specializes in advanced tools related to F&I loan product cancellations and refunds, including the company’s ability to provide live refund quotes. This collaboration now gives customers of defi SOLUTIONS seamless access to LCT’s robust, automated loan products cancellation compliance framework. This will help lenders in the auto finance industry to efficiently manage compliance tasks such as document generation, audit tracking, and regulatory reporting, all while reducing operational risks and ensuring adherence to federal and state regulations.

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“We are always looking for additional ways to provide our customers with cutting-edge tools that help them simplify their operations and strengthen their compliance practices,” said Steve Bissett, vice president of client services at defi SOLUTIONS. “By integrating with LCT, our customers can benefit from a seamless, comprehensive process that minimizes manual intervention.”

“We are thrilled to partner with defi SOLUTIONS and extend the value of our compliance technology to their customers,” said LCT Chief Revenue Officer Brad Rogers. “This integration underscores our shared commitment to simplifying compliance for the auto finance industry, giving lenders the tools they need to stay compliant while focusing on business growth and customer service excellence.”

To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com

Source –PR newswire

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