The Indiana Bankers Association (IBA) has partnered with DDI Technology so its 124 member banks can use the latter’s electronic lien and title services (ELT).
A new law for ELT in Indiana will take effect in the first quarter of 2021.
“We are excited to have DDI as a preferred service provider,” IBA Executive Vice President Rod Lasley said in a release. “With their excellent web-based platform and their outstanding customer service, we know our banks will get an excellent ELT solution when they partner with DDI.”
DDI provides ELT directly integrated with more than 5,200 financial institutions, as well as the department of motor vehicles in 26 states.
“DDI’s suite of technology solutions focuses on critical areas of title and lien release management including electronic vehicle registration, electronic lien and title processing, and electronic lien payoff,” DDI Vice President of Operations Ann Gunning said. “It drives an expedited titling process, eliminates paper storage and creates a more responsive customer support system.”