Many of our customers want to ensure a bank account is still open and active and in good standing before processing a debit payment or check.
Dan Jobrack, Executive V.P., DATATrue

Dan Jobrack, DATATrue. photo © RTO Online. See RTO Online's video podcast interview with Dan Jobrack here.

San Marino, California based DATATrue today announced its new Bank Account Verification enhancement to its already significant product line for Rental-Purchase operators.

Dan Jobrack, DATATrue executive V.P. said, "Many of our customers don't need to re-verify processed data, but want to ensure a bank account is still open and active and in good standing before processing a debit payment or check. To meet this demand, DATATrue has added Bank Account Verification."

See RTO Online's video podcast interview with Dan Jobrack here.

"The process for Bank Account Verification simplifies the account ping or verification process to allow for a simple check with the bank that will tell our RTO clients if the account is accepted or not," explained Gene Sacco, president of DATATrue. "

DATATrue continues to serve its rent-to-own clientele with a large selection of valuable front and back-end products in addition to the AOV or Bank Verification enhancement. Leonard Horton, Accounts Manager for Wheel Workz in Memphis, TN says use of the DATATrue product line saves him time and money. "The DATATrue system is truly a time saver. I have decreased my approval time on my applications tremendously. It really works and provides the necessary information to make my decisions in most cases. I've even used it for skip tracing."

"Input from customers has resulted in a constant evolution of our product line," reports Jobrack. "Suggestions from retailers all over the nation has been the key to DATATrue's product line growth including." The company offers Real-Time Data Verification before transactions occur, Social Security Number Look-Up, a valuable skip-tracing tool (used for recovery and re-contact on the back-end), Credit Reports, Background Checks, Personal Reference Verification and ACH (the ability to move money from a clients account to your company account ).

Sacco confirms that the evolution isn't going to stop there, "We are currently working on developing a special type of skip-product that appears to be another one-of-a-kind. It is anticipated that this new hybrid may be available as soon as the fall."

For more information and demo on DATATrue services and how it helps RTO's improve speed-of-service, accuracy of records and most significantly back-end loss reduction and bottom line profit contact: Dan Jobrack at djobrack@datatrue.net or phone 209.951.9375.