Payix® and Nortridge Software announce strategic alliance


Software firms working together to help lenders communicate with and serve borrowers

FORT WORTH, TEXAS, and LAKE FOREST, CALIF. (April 17, 2017) – Payix® and Nortridge Software announce they have formed a strategic alliance to help lenders connect with their borrowers and improve their ability to collect payments. The alliance allows Payix to offer real-time integration between its suite of collections tools and the Nortridge Loan System (NLS).

Payix’s collections tools include its intuitive, engaging and affordable mobile collections application, as well as web, interactive voice response (IVR), text, and collector portal applications. Nortridge clients can add the Payix solutions to their existing collections tools with virtually no IT work on their part and in just a few weeks’ time.

“Lenders are always striving for ways to improve collections," said Greg Hindson, Nortridge Software president and CEO. "The integration between Nortridge and Payix makes it easy for borrowers to pay anywhere and anytime – benefiting both borrowers and lenders."

The Nortridge and Payix teams collaborated in the development of the seamless web services interface between the Nortridge Loan System and the Payix payment system, ensuring that transactions could be carried out in real-time and without interruption.

“We are elated to partner with an organization as strong and well-respected as Nortridge Software,” said Payix President Chris Chestnut. “Their products are incredibly flexible and reliable, and their team of industry leaders is fantastic to work with. We both realize our organizations are stronger together, and we couldn’t be more pleased to be able to form this alliance with them.”

Payix’s collections tools are white-labelled to help lenders promote their own brands with their borrowers, and they were specifically designed for any size lender to use easily and affordably.


About Nortridge Software

Nortridge Software LLC, provides lenders and loan servicers with the automation needed to more profitably originate, service, collect and report on loan portfolios. Since 1981, Nortridge has leveraged its experience in banking, lending and software development to provide clients with quality software solutions and excellent support services. Today, the Nortridge Loan System is valued by loan servicing companies representing a wide range of industries and loan portfolio sizes. The company is headquartered in Lake Forest, Calif. For more information, visit: www.nortridge.com.

About Payix

Payix provides collections tools, payment processing resources and business intelligence solutions to the nation’s lenders and auto dealers. Offering white-label services and real-time loan management system (LMS) integration, the fintech firm helps its clients connect with their borrowers and improve their ability to collect payments. Payix was founded in 2016 and is based in Fort Worth, Texas. For more information, visit https://payix.net.

Contact

For Nortridge Software

Holly Ferris

Ferris Communications

(562) 746-8461

holly@ferriscomm.com

For Payix

John Hoffmann

(817) 438-2382

John.Hoffmann@Payix.net

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Media Contact: Holly Ferris, Ferris Communications, (562) 429-6456, holly@ferriscomm.com