Penley Announces New Reseller Partnership with PossibleNow
Channel Expanded within Financial Services Market to improve service and availability of USA Patriot Act compliance tool, Fast Watch.
DULUTH, GA (PRWEB) March 10, 2004 -- Penley Inc., the leader in account integrity, today announced a reseller agreement with compliance technology solution provider, PossibleNow. Under the terms of the agreement, PossibleNow will resell and support Penleys Fast Watch solution, the leading USA Patriot Act Section 326, 314(a) and OFAC compliance tool, to banks, credit card companies, stock brokers, financial planners.
The PossibleNow Solution, DNCQuickcheck, is an internet-based service designed to provide complete compliance with the Do Not Contact" provisions of state and federal law. PossibleNow plans to offer Penleys Fast Watch solution to provide identity verification, record storage and government list checks for complete USA Patriot Act Section 326, 314(a) and OFAC compliance to its financial services customers. In addition, Penley will market DNCQuickcheck to its customer base.
Partnering with Penley provides an opportunity for us to offer a solution well respected in the financial services market for providing comprehensive compliance with the USA Patriot Act and OFAC regulations, protecting against identity fraud and increasing operational efficiencies," said Scott Frey, President and CEO of PossibleNow. "We are delighted to have a close relationship with the acknowledged leader of compliance technology in the financial services market."
The new alliance with PossibleNow is designed to increase availability of Fast Watch to financial institutions as well as help us deliver our compliance tools more efficiently to the market. PossibleNow has experience dealing with the compliance issues of the financial services market and understands the challenges institutions face complying with regulations while still focusing on business objectives," said Cleve Shultz, EVP for Penley. "By combining PossibleNows leadership in Do Not Contact" technologies and Penleys comprehensive USA Patriot Act solution, customers will ultimately benefit from having the most powerful, comprehensive and secure compliance tools in the marketplace."
About Penley, Inc.
Penley Inc., the nations leader in account integrity, offers easy-to-use technology solutions that provide financial institutions with comprehensive information that protects against fraud, offers business intelligence and increases operational efficiency. With more than 800 institutions implementing the solution, Penleys Fast Watch leads the market in providing complete USA Patriot Act Section 326, 314(a) and OFAC compliance as well as an extensive identity fraud prevention program. The company's advanced technology platform ensures the delivery of superior services as well as best-of-breed automation, security, and technology. For more information or to take a test drive", visit www.penleyinc.com.
About PossibleNOW
PossibleNOW, headquartered in Duluth, Georgia, is the trusted source for Web-based Do Not Contact protection solutions. Their DNCSolution suite of online services provides comprehensive tools that help direct marketers handle federal and state Do Not Contact compliance matters. DNCSolution is used by companies in real estate, insurance, financial services, call centers, and other industries involved in direct marketing to consumers. For more information about PossibleNOW and its Do Not Call compliance services, call (770) 255-1020 or visit www.dncsolution.com or www.dncquickcheck.com.
For more information, please contact:
Alisa Barchie
Penley Inc.
Director of Marketing
678-475-0032.
Beverly Oscherwitz
PossibleNow
Marketing Manger
770-255-1034
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