Carmel, IN (November 20, 2024) |
Allied Solutions (Allied), one of the largest providers of insurance, lending, risk management, and data driven solutions to financial institutions in North America, is proud to announce that it successfully began processing transactions last month through its new collaboration with PCMI (Policy Claims Management International), the industry’s preferred technology partner for automotive and consumer extended warranty administration solutions. This milestone marks a significant advancement in their partnership, aimed at enhancing lender compliance services with the innovative TruComplyTM platform.
The integration of PCMI’s TruComply platform enables Allied to offer streamlined aftermarket refund processing, helping credit unions and financial institutions reduce compliance risks while improving operational efficiency. As regulatory scrutiny continues to increase, the need for robust compliance solutions has never been more critical.
“Our successful transaction processing with PCMI is a testament to our commitment to leveraging technology that gives our clients a competitive edge in the marketplace,” said Pete Hilger, Allied Solutions CEO. “As we navigate an evolving regulatory landscape, partnerships like this empower us to provide comprehensive solutions that mitigate compliance risks and enhance service delivery for our clients.”
TruComply is designed to revolutionize lender compliance by automating refund quotes and ensuring compliance verification throughout the F&I product cancellation and refund process. By accessing a vast provider network, TruComply facilitates seamless payment distributions while helping lenders manage complex regulatory requirements.
“Successfully supporting Allied Solutions in the processing of transactions marks an exciting step forward in our collaboration,” said Mark Nagelvoort, PCMI CEO. “TruComply was designed to adapt to evolving regulatory demands, and we are thrilled to see it making an immediate impact in enhancing compliance management for lenders and their partners.
”PCMI is the latest addition to Allied Solutions’ growing portfolio of technology providers (which includes product compliance solutions leader, F&I Sentinel) aimed at helping financial institutions succeed in an increasingly challenging regulatory environment. This continued investment in technology partnerships reinforces Allied's dedication to delivering innovative solutions that meet the unique challenges of its clients.
About PCMI
PCMI is the leading provider of technology solutions for the finance and insurance (F&I) and consumer product markets. Their modern cloud-based platform empowers third-party administrators, dealers, original equipment manufacturers, and lenders to transform extended warranty, service contract, and refund payment management. With a dedicated team of over 200 experts, PCMI is committed to delivering unparalleled service and innovation, ensuring clients stay ahead in today’s rapidly evolving markets. Learn more about PCMI at https://www.pcmicorp.com.