Business Services Industry
National City Signs Agreement with DataScan at CBA Auto Finance Conference; DataScan Technologies to Host Wholesale Floorplan Solutions Online
Business Wire, March 30, 2004
Business Editors
CBA Auto Finance Conference
ATLANTA--(BUSINESS WIRE)--March 30, 2004
DataScan Technologies has announced that National City Corporation (NYSE:NCC), one of the nation's largest financial holding companies, has selected DataScan to provide a major systems upgrade in the wholesale floorplan area of National City Dealer Finance. National City will utilize DataScan Technologies' entire wholesale floorplan suite of products hosted online via its Application Service Provider (ASP) solution. The agreement was finalized at the CBA 24th National Automobile Finance Conference and Trade Show in Atlanta, Georgia.
National City has been a client of DataScan since 1994 using the Collateral Management System (CMS). The new agreement outlines the addition of the Wholesale Management System (WMS), the Dealer Access System (DAS), and the Dealer Loan System (DLS) to the floorplan solutions mix.
Greg Jelinek, executive vice president, National City Bank and manager of National City Dealer Finance, said, "DataScan will provide the cutting edge technology we need to continue to grow our wholesale floorplan portfolios. They have also demonstrated the technical flexibility and expertise in order to meet our stringent standards and business requirements."
"It's a great pleasure to be a part of National City's success," said Tom Martin, DataScan Technologies' president and CEO. "To have an existing client continue to benefit from our products and services is a strong vote of confidence in DataScan's best-of-class solutions to the industry."
About National City Corporation
National City Corporation (NYSE: NCC), headquartered in Cleveland, Ohio, is one of the nation's largest financial holding companies. The company operates through an extensive banking network primarily in Ohio, Indiana, Illinois, Kentucky, Michigan and Pennsylvania, and also serves customers in selected markets nationally. Its core businesses include commercial and retail banking, consumer finance, asset management, mortgage financing and servicing, and payment processing. For more information about National City, visit the company's web site at NationalCity.com.
About DataScan Technologies
DataScan Technologies is headquartered in Alpharetta, Georgia and is a pioneer in Wholesale Finance and Accounting Systems and Risk Management Services since 1989, specializing in Floorplan Solutions. DataScan strives to revolutionize the way banks and captive financial institutions manage their collateral, allowing them to work more effectively with quick, secure Internet access. DataScan's first-to-market dealership Internet solution for wholesale financial institutions offers closer electronic communications between the lender and the dealer. DataScan also offers professional floorplan field audit services throughout the U.S. with Nationwide Audit Services (NAS). DataScan Technologies can be found on the Internet at datascantech.com.
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