Electronic lien and title

IAA and Dealertrack Expand Strategic Agreement for Electronic Registration and Title to Ohio

Retrieved on: 
Wednesday, June 9, 2021

IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today announces an enhanced strategic agreement with Dealertrack to provide electronic registration and titling services in Ohio through facilitating the digital transfer of total loss titles.

Key Points: 
  • IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today announces an enhanced strategic agreement with Dealertrack to provide electronic registration and titling services in Ohio through facilitating the digital transfer of total loss titles.
  • Twenty-five (25) states offer Electronic Lien and Title solutions (ELT) and 29 allow electronic registration and titling (ERT), including Ohio, which is eligible to transfer total loss titles digitally.
  • Prior to the collaboration in Ohio, IAA and Dealertrack Registration and Title Solutions announced a strategic agreement in July 2020 when North Carolina passed a bill to become the 25th state to offer ELT services.
  • This IAA and Dealertrack collaboration has the potential to expedite back-office workflow and improve deal efficiency by leaps and bounds.

DDI Technology Announces Entry into Michigan Electronic Lien and Title Market

Retrieved on: 
Thursday, February 25, 2021

DDI Technology (DDI), a leading electronic vehicle title and registration technology firm and a subsidiary of IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the expansion of its electronic lien and title (ELT) services and Premier eTitleLien product into the state of Michigan.

Key Points: 
  • DDI Technology (DDI), a leading electronic vehicle title and registration technology firm and a subsidiary of IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the expansion of its electronic lien and title (ELT) services and Premier eTitleLien product into the state of Michigan.
  • DDI has 22 years of experience bringing its industry-leading ELT solutions to lenders across the U.S., said Troy Moore, DDI Technology Senior Director and Head of Business Development.
  • DDIs Premier eTitleLien solution streamlines lenders title and lien release management, simplifying the title process by reducing fraud and errors while allowing lenders to eliminate paper title storage, such as lien cards, and receive quicker confirmation of lien placement.
  • The platform provides electronic lien processing, including electronic filing of liens for certain refinance transactions available through the Michigan ELT program.

DDI Technology Partners with the Indiana Bankers Association

Retrieved on: 
Thursday, June 25, 2020

DDI Technology (DDI) a leading electronic lien and title technology firm and a subsidiary of IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers announced today a partnership with the Indiana Bankers Association (IBA).

Key Points: 
  • DDI Technology (DDI) a leading electronic lien and title technology firm and a subsidiary of IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers announced today a partnership with the Indiana Bankers Association (IBA).
  • Driving efficiency, cost-savings, and fraud prevention, DDIs technology provides complete title management solutions for lenders motor vehicle title portfolio.
  • DDI Technology offers the nations leading electronic lien and title technology, directly integrated with over 5,200 financial institutions, as well as the Department of Motor Vehicles of 26 states, said Ann Gunning, DDI Vice President Operations.
  • In this release, such forward-looking statements include statements regarding the expected timing and associated benefits of the partnership with the Indiana Bankers Association to our customers and company generally.