Acxiom (NASDAQ:ACXM)
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Financial institutions exploring growth and profit alternatives will benefit from strategic alignment
ATLANTA and LITTLE ROCK, Ark., May 17 /PRNewswire-FirstCall/ -- Fintura Corporation, a specialized management services and operating company servicing the financial services sector, today announced a new business relationship with Acxiom(R) Corporation (Nasdaq: ACXM; http://www.acxiom.com/) that will allow Fintura to expand its customer information services for financial institution clients.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070516/CLTH023LOGO )
Fintura provides financial institutions with leading-edge product development, new account origination and portfolio management services. This new partnership will enable Fintura's clients to better compete through building and expanding profitable franchise relationships using Acxiom's powerful data, customer information management services and technology.
"Financial institutions increasingly are challenged to compete against larger, integrated financial services companies in terms of product breadth, management depth and information scale," said Andrew Mathieson, Fintura's President and Founder. "With data integrity and information security being of utmost importance to our clients, we're partnering with Acxiom to confidently manage our clients' customer information and apply our proven data-driven management approach to conducting business."
"Our clients partner with Fintura to grow and optimize their current credit card, home equity lines of credit and student loan portfolios; we integrate and function as brand managers," said Fred Grigsby III, Fintura's Vice President, Marketing. "Our partnership with Acxiom allows Fintura to aggregate customer information to successfully deploy our marketing expertise in a highly competitive credit card new account origination environment."
"By partnering with Fintura, Acxiom can offer our integrated services to even more financial institution clients," said Kyle Ratliff, Acxiom Financial Services Strategic Accounts Industry Executive. "The Fintura model and platform allow these institutions a cost-effective method to access Acxiom data, technology and services, giving them a tremendous opportunity to reach their growth and profitability objectives."
About Fintura Corporation
Fintura Corporation is a specialized management and operating company helping financial institutions better compete by building and expanding profitable franchise relationships and extending product lines. Fintura partners with institutions to provide leading-edge product development, new account origination and portfolio management services across credit cards, student loans, and home equity product lines. Fintura uses its data-driven marketing and management approach to achieve profitable outcomes independent of portfolio size or product line. Fintura is privately held and based in Atlanta, Ga.
For more information about our company, our people and our capabilities, please visit http://www.fintura.com/.
About Acxiom Corporation
Acxiom Corporation (Nasdaq: ACXM; http://www.acxiom.com/) integrates data, services and technology to create and deliver customer and information management solutions for many of the largest, most respected companies in the world. The core components of Acxiom's innovative solutions are Customer Data Integration (CDI) technology, data, database services, IT outsourcing, consulting and analytics, and privacy leadership. Founded in 1969, Acxiom is headquartered in Little Rock, Ark., with locations throughout the United States and Europe, and in Australia, China and Canada. For more information, visit http://www.acxiom.com/.
Acxiom is a registered trademark of Acxiom Corporation.
DISCLAIMER: The information contained in this item was current as of the date of original publication, but may not still be current. Some of the information may have been "forward-looking" based upon then current expectations, forecasts, and assumptions that involved risks and uncertainties that could cause actual outcomes and results to differ materially. We disclaim any intention or obligation to update or revise this information (including any forward-looking information), whether as a result of new information, future events, or otherwise.
For more information:
Fred J. Grigsby III
Fintura Corporation
404-419-2650
Suellen Vann
Acxiom Corporation
501-252-0263
GACXM
http://www.newscom.com/cgi-bin/prnh/20070516/CLTH023LOGO
http://photoarchive.ap.org/
DATASOURCE: Fintura Corporation; Acxiom Corporation
CONTACT: Fred J. Grigsby III of Fintura Corporation, +1-404-419-2650; or
Suellen Vann (GACXM) of Acxiom Corporation, +1-501-252-0263
Web site: http://www.fintura.com/
http://www.acxiom.com/