Norcross, Ga. (Vocus) October 22, 2009

Teletrack, an industry-leading provider of risk management solutions, today introduced RevealCheck , a tool for check cashers that provides quick, easy and affordable access to check cashing history and identity risk information.

The check cashing industry has been experiencing increased fraudulent and bad check activity due to economic conditions and limited access to cost-effective, relevant data sources and tools. After much research, Teletrack developed a solution to help check cashers make better decisions to cash checks without eroding profits.

“The requirements of check cashing companies are changing rapidly because of evolving banking relationships and current economic conditions,” said Dale Williams, president of Teletrack. “RevealCheck provides a single point of access to check cashing history, bank validation and phone look-up to verify presenter and maker status. This important information helps businesses cash all types of checks, not just payroll or government issued checks.”

For less than a dollar per transaction, RevealCheck provides automated bank validation , maker and presenter phone look-up, as well as industry-specific check cashing history for both the maker and the presenter. The service offers Social Security number validation and other fraud identification tools to assist check cashers with presenter identity verification.

An Office of Foreign Assets Control (OFAC) Activity Report is also included, making it easy to comply with OFAC regulations. Plus, Teletrack leverages its vast source of demographic records to provide even more in-depth information to assess risk.

Using RevealCheck is simple and requires minimal training time. After the check casher scans a check and keys in the maker, presenter and check information provided at the point-of-sale (POS), an easy-to-read RevealCheck report appears on screen within seconds. The report highlights key information at a glance, calling attention to items that may require further review before a check is cashed.

Check cashers can easily determine the level of risk associated with the bank account represented on the check; identify possible issues as to the maker’s previous check cashing activity; verify that the phone numbers given are accurate and detect differences between the presenter information submitted and the information already in the RevealCheck database for identify verification.

“Check cashing employees no longer need to make confirming phone calls or check several sources for identity verification, bank validation or phone confirmation,” said Williams. “This helps improve service quality and time, leading to satisfied, repeat customers while helping to reduce losses, increase revenue and evaluate risk.”

The information provided in the RevealCheck report also helps check cashers deploy more systematic and data driven fraud prevention and risk evaluation strategies to complement the skills of their employees, thereby greatly reducing check fraud due to errors when following longer manual processes and procedures.

Teletrack is currently working with early adopters to develop the RevealCheck database and test the product. They are also helping early adopters integrate RevealCheck into their current POS system through an Extensible Markup Language (XML) interface, revise company policies/procedures and train employees.

Those interested in learning more about RevealCheck are encouraged to visit www.RevealCheck.com and call Teletrack at 1-800-729-6981 to schedule a product demonstration.

About Teletrack, Inc.

Founded in 1989, Teletrack, a wholly-owned subsidiary of First Advantage Corporation (NASDAQ: FADV), provides lenders and businesses with the actionable intelligence they need to make smart decisions. Businesses across the country access Teletrack’s consumer data for risk mitigation, identity verification, fraud detection and skip tracing. When businesses use Teletrack, they gain the right information at the right time to help them make the right decisions for the right reasons. Teletrack’s databases access information from a variety of sources and contain unique, non-traditional consumer information that is not available from other sources. As a FCRA compliant consumer reporting agency, Teletrack gathers records from businesses across the country that cater to non-traditional credit consumers. For additional information, please visit the company’s Web site at www.teletrack.com.

First Advantage Corporation provides innovative products and services that mitigate risk by helping businesses, non-profit organizations and government agencies make more informed decisions. Headquartered in Poway, Calif., the company has employees in 13 countries that support over 90,000 clients globally. More information about First Advantage is available at www.FADV.com.

Contact:

Katie Bryson

Marketing Director

Teletrack, Inc.

678.229.5206

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Related Skip Tracing Press Releases

Los Angeles, CA (PRWEB) February 9, 2005

ServeNow.com, a worldwide directory of process servers, private investigators and legal support service providers, announced today the official launch of ServeMatch.com (http://www.servematch.com).

ServeMatch.com is an online platform that enables lawyers, paralegals, legal professionals and private parties to find local legal support services quickly and easily. For lawyers and paralegals, finding reliable process servers and investigators throughout the United States and worldwide can be challenging and extremely time consuming. ServeMatch.com saves legal professionals vital hours previously spent searching the web and making phone calls by responding to specific local queries and delivering results directly via email. Users can set up an account, at no cost, and return to use this free service again and again.

“Our goal with ServeMatch.com is to increase the efficiency of finding process servers and investigators. The ServeMatch.com concept is a pragmatic approach to locating local service providers,” said Adam Camras, CEO and co-founder of ServeNow.com. “Let us do the busy work, so you can focus on the more significant aspects of performing your job.”

ServeMatch.com provides an automated platform that law firms and legal professionals can use for all their process serving and investigative needs. In the rare instance where a process server or investigator is not found in the ServeMatch.com database, the client is immediately notified that the ServeNow.com staff has begun locating someone to assist them.

ServeMatch.com is a simple three step process for professionals seeking process serving, investigation, surveillance, skip tracing, document filing and retrieval and additional legal support services.    

Process serving is a vital part of civil procedure for court cases and legal proceedings. Process servers assure that parties to a case are served in accordance with the law. ServeMatch.com is one of many channels ServeNow.com has developed to bring process servers and legal support professionals together with those who require their services. Additional mediums are under development and will be announced in the near future.

About ServeNow.com

ServeNow.com is an online resource dedicated solely to the process serving industry. The ServeNow.com Network has only been online since November 2004, but is already the most visited and fastest growing group of Internet properties in the process serving industry. The goal of ServeNow.com and its affiliate sites is to align the services offered by its advertisers with the needs of a vast array of legal professionals. In doing so, ServeNow.com will become the sole destination for legal professionals seeking legal support services. ServeNow.com also offers a wealth of industry tools, news and information, and provides process servers with an unparalleled channel to advertise process serving services.

To browse the ServeNow.com Process Server Directory or to learn about the process serving industry, please visit http://www.serve-now.com. ServeMatch.com is located at http://www.servematch.com.

Editorial Contact:

Trent Carlyle, ServeNow.com

(877) 737-8366

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Sarasota, FL (PRWEB) March 15, 2010

TEC Services Group, Inc. today announced the launch of TEC Analytics, to complement its Professional Services and Strategic Services divisions. Since 1998, TEC Services Group has provided operations and technology consulting to collection agencies and credit grantors. TEC Analytics expands this focus beyond leveraging technology and best practices to making better use of data to enhance collection results and efficiencies.

“Today, profitable debt collection is all about efficiencies. In this economic environment, no one can afford to spend precious financial or human resources for little or no return,” says Tom Sweat, TEC Services Group President. “Because debt collection is a data driven process, agencies have to be savvy about what data they use, how they use it, and what they spend for it. That’s where TEC Analytics comes in,” said Sweat.

TEC Analytics will help mid-size to large collection agencies and credit grantors leverage the data and technology solutions they already have and more cost effectively use they data they buy for increased ROI. For example, TEC Analytics will integrate skip-tracing resources into a customized, champion/challenger-driven waterfall that enables collection organizations to better measure results and vendor effectiveness. In doing so, TEC Analytics will leverage the data exchange and workflow management capabilities of its long-time strategic partner DataRose.

“For eleven years, TEC Services Group’s mission has been to help collection organizations do more with less. To this end, we have always delivered real world operations and information technology experience and support to our customers. Now, we have the complete package – know-how, technology and analytics,” concluded Sweat.

About TEC Services Group

TEC Services Group has been providing “real world” technology and operational consulting to the Accounts Receivable and Debt Collection industries for more than a decade. TEC’s executive leadership team averages 23 years expertise in the managing Accounts Receivable operations and IT, while the average of all team members is more than 18 years Credit and Debt Collections experience. TEC has helped scores of collection organizations to improve efficiencies and increase recoveries through the use of information technology and best practices. For more information, please visit www.tecsg.com.

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More Skip Tracing Press Releases

Los Angeles, CA (PRWEB) June 12, 2006

Professional researcher and occasional scam-victim Michael Fitzpatrick has done the web-searching community an enormous favor by launching a blog devoted to reporting his experiences with on-line research and skip tracing companies. After weeks of whispering, the reverse lookup compare and contrast blog hosted by Blog-City.com was launched on Friday.

Fitzpatrick, who has made a career out of locating people and information for his journalistic endeavors, was inspired to launch the project after noticing a surge in advertising by so-called skip tracing companies since February.

“The thing is, these are services, not products. And although the phone number and address searches are fairly popular, it is still a niche market, albeit a flooded one. People who need information are generally new at this and have no idea what is available, who can obtain it, and which are scams run by charlatans pretending to offer something of investigative value,” he states.

People searching for phone number reverse lookup information, for example, are likely to choose the lowest priced service, everything else appearing equal. ”

By Fitzpatrick’s estimation, six out of ten sites flooding the cost-per-click ad market are slickly worded cons promising customers access to non-existent data. While private investigation is a regulated field, online data brokers have no governing body, no association and no oversight.

“The actions of these companies really give licensed investigators a bad name. You have actual PIs suddenly unable to drum up business because the scam artists are everywhere. Not only do they advertise like mad, but after they’ve finished fleecing some unsuspecting consumer, that person is not likely to trust a real investigator to obtain the results.”

In the coming days and weeks, Fitzpatrick will be adding reviews of actual experiences with online vendors of location services such as reverse lookup, business search, phone number, and directory tracing vendors. He plans to have a comparison of the most popular database and manual search companies compiled by July 1st and posted on the blog ReverseLookupServices.

In the meantime, consumers needing investigative help, he advises, need to find a lookup or skip tracing company that is going to charge you for the actual search. The conmen to steer clear of are those offering database inquiries and do-it-yourself software downloads.

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