Dunns Credit Card Operations Migrate to ACET Processing

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Released on: 31, December 1969
, Author: ACET Processing
, Audience: Computers related

Dunns, is a rapidly expanding fashion and value retailer ofclothing and footwear, with over 200 stores across Southern Africa, includingBotswana, Lesotho, Namibia, South Africa and Swaziland. Dunns is a member of thePepkor Group and by following international outsourcing best practices, Dunnsrecognised the value in partnering with a focused service provider capable ofdelivering a consumer credit offering that is aligned with their retail businessobjectives.Recent market research in The Nilson Report, a publication covering payment systemsworldwide, shows that almost 95% of US private label cards are now outsourced tothird parties, up from a mere 53% five years ago. By recognising the opportunity topartner with ACET Processing, Dunns is able to leverage off the unsurpassedtechnology and resource base of ACET, thereby overcoming the cost and volumelimitations associated with developing internal systems.ACET Processing provides full customer and account processing services to retailcredit and financial services organisations. The ACET platform is based on theworld s most trusted account processing platform, VisionPLUS from First DataInternational, and provides a broad spectrum of packaged and customised consumerfinance solutions, underpinned by system reliability and service excellence. In conjunction with VisionPLUS , established ACET Processing clients benefit fromFair Isaac s account management software, TRIAD , thereby improving customertargeting and enabling smarter, more effective use of operational resources. TRIADis the leading account management system in the world and is used by over 300organisations to control over 75% of the world s credit cards.Mike Crawley, Managing Director at ACET Processing, comments, In order to remaincompetitive, more and more South African organisations are considering outsourcingtheir credit processing operations. The move follows international trends towardsoutsourcing non-core activities, and provides companies like Dunns access to worldleading technologies and specialist skills at a competitive price point. About ACET ProcessingWith offices in Cape Town and Johannesburg, ACET Processing offers clients acrossAfrica access to both the VisionPLUS account processing system and the TRIAD account management solution. ACET Processing is jointly owned by PIC Solutions, thelargest credit risk management consultancy based in the EMEA region, and First DataInternational. Through this unique combination of proven state-of-the-art credit andrisk systems, world-class third party processing expertise and established customermanagement solutions, ACET Processing provides clients across Africa with anunsurpassed range of services.
Source: Express-Press-Release.com
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