TCI Appoints Industry Veteran Mark Gleason as Director of Sales to Drive Consumer Finance Sector

Leading Provider of Loan Origination Technology Seeks to Expand Penetration in Burgeoning Market

Feb 22, 2016, 14:03 ET from Teledata Communications, Inc.

ISLANDIA, N.Y., Feb. 22, 2016 /PRNewswire/ -- Teledata Communications, Inc. (TCI) (www.tcicredit.com), a provider of cloud-based loan origination solutions, has hired Mark Gleason as director of sales for the consumer finance industry. In this capacity, Gleason will  oversee the company's sales activities in this expanding marketplace.

Based in Costa Mesa, California, Gleason brings more than 10 years of experience in financial services technology, and over 30 years of technology industry expertise to TCI. His experience includes loan origination systems, regulatory compliance, servicing systems, expert systems, and advanced analytics. He has worked in several FinTech markets, including automotive, health care, mobile, and online lending.

"TCI already has substantial market share with credit unions, finance companies, and banks in the indirect auto lending space, and new markets are opening rapidly. One example is the consumer lending sector, which is experiencing an exciting transition to an Internet-based, anytime, anywhere lending environment," said Bill Nass, president of TCI. "We're delighted that Mark has joined our organization, and will contribute in-depth knowledge to help TCI continue to expand its footprint in the consumer lending sector."

"Having partnered successfully with TCI for many years, I'm very happy to join the team at this opportune time," said Gleason. "While there's been a lot of noise about technology in the financial sector, TCI has stood above the crowd when it comes to innovation. Its DecisionLender 4.0 platform represents a quantum leap forward in terms of loan origination systems. This is truly visionary technology, and is one of the key reasons I elected to join TCI. I'm eager to help bring this powerful technology to a market that can truly benefit from more adaptable and efficient loan origination solutions."

TCI's loan origination solution, DecisionLender 4.0, is a market-leading solution that provides unprecedented flexibility and control to lenders. Through this offering, lenders have the capability to create and adjust any number of lending rules, parameters, application fields, and workflows according to whatever criteria they choose—without using expensive and time-consuming IT or development resources.  DecisionLender 4.0 also delivers real-time visibility into the lender's performance through a set of robust analytics tools, allowing them to proactively assess and adjust the efficiency of their operations. The degree of customizability available through DecisionLender 4.0 represents a completely new approach in loan origination technology.

For more information on TCI and DecisionLender 4.0, visit www.tcicredit.com.

About Teledata Communications, Inc.
Founded in 1982, Teledata Communications, Inc. (TCI) is a leading provider of software-as-a-service (SaaS) loan origination solutions for credit unions, banks, and finance companies. TCI's automated solutions enable lenders to process a greater amount of loans, improve workflows, and adhere to security and compliance mandates more completely. TCI's latest solution, DecisionLender 4.0, features a flexible, modular architecture which online and traditional lenders can configure to address their specific lending criteria and workflows. As authorities in the lending marketplace, TCI's solutions have been adopted by nearly five hundred lenders across a number of sectors, including automobile finance, power sports, lifestyle, appliances, and other consumer-facing industries. www.tcicredit.com.

Public Relations Contact
Glenn Goldberg
Chief Executive Officer
Parallel Communications Group
516-705-6116
ggoldberg@parallelpr.com

SOURCE Teledata Communications, Inc.



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