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eLynx Provides Commentary on MBA National Fraud Issues Conference--An expert’s take on one of the industry’s most important conferences available now
May 17, 2010
CINCINNATI – May 17, 2010 – Last week’s National Fraud Issues Conference, hosted in Chicago by the Mortgage Bankers Association, drew more attendees than last year’s event, which some saw as a sign that the industry was well into its recovery. Attendance was not up to the level that MBA saw prior to the downturn. Many executives that might have registered and could have benefited from the material presented at the show were not in attendance. eLynx, a portfolio company of American Capital (NASDAQ: ACAS), sent a number of executives to the conference and has made commentary available on its website from Andy Crisenbery, Vice President of Professional Services.
“Everyone was talking about forming more of a community to address the problem,” Crisenbery said. “With the prevalence of borrowers going online and lenders losing that face-to-face interaction, it’s much more difficult to address specific cases of fraud.”
Crisenbery said that lenders did not seem to approach the idea of sharing data to combat fraud with as much trepidation as they have in the past. Sharing data, lessons and approaches were themes at this year’s event.
Access to the audio podcast is available on the eLynx website at http://www.elynx.com.
About eLynx
eLynx, a portfolio company of American Capital (NASDAQ: ACAS), provides the most widely used network for electronic document collaboration and distribution services for the financial services industry. Enterprises use eLynx to capture and maintain data electronically throughout the document life cycle, automating paper-intensive processes, improving workflow, reducing costs and ensuring compliance with industry regulations. eLynx serves more than 500 financial institutions, including 7 of the top 10 banks and has processed over 45 million loans. Over 4,000 enterprises worldwide, comprising more than 4 million users in a broad spectrum of industries, use eLynx's enterprise document output solutions daily. The company was founded in 1994 with headquarters in Cincinnati and offices in Portland, Oregon. It maintains redundant data centers in Beaverton, Oregon and Chicago. For more information, visit www.elynx.com.
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Company Contact:
Robert Nilsson
Vice President of Marketing and Market Development
eLynx
rnilsson@elynx.com
Media Contact:
Rick Grant
800-979-9049
570-497-1026 (cell)
rick@rickgrant.net