USPTO allowance confirms ground-breaking nature of Katabat platform and approach
Wilmington, DE, May 2, 2014 – Katabat is pleased to announce today that it has received notice of issuance from the US Patent Office of a patent for its “Method and System for Providing a Multi-Channel Virtual Collections Center”. The U.S. patent number 8,660,941 describes Katabat’s unique method for combining payment program management, communications management and data analytics modules to manage debt collections campaigns – using client-configured scenarios deployed in its virtual (cloud-based) system to provide individualized treatments for each debtor in order to maximize efficiency and effectiveness.
Dawn Willey, Katabat Chair and one of the patent authors along with Katabat CTO Ye Zhang, said “This patent affirms the next-generation nature of our unique combination of decisioning and execution in one system and confirms our claim on having created a revolutionary capability in the marketplace. We are thrilled to have this example of Katabat (formerly CMC Agile)’s thought leadership recognized formally through the patent process.”
“While legacy systems continue to try to replicate this functionality via multiple layers of integration and middleware, our CredAgility™ platform delivers it in a much more functional, robust, and cost-effective package” said Vytas Kisielius, Katabat CEO, “that confers huge advantage to our clients. It was unique as described years ago when we applied for the patent, and it remains unique as delivered in the platform today.”
For further information about Katabat’s capabilities as described in this patent, please contact Joel Rickman at jrickman@katabat.com
=
Katabat is the leading provider of debt collections software to banks, agencies, and alternative lenders. Founded in 2006 and led by a diverse team of lending executives and leading software engineers, Katabat pioneered digital collections and has led the industry ever since. It is our mission to provide the best credit collections software in the market and solve debt resolution from the perspectives of both lenders and borrowers.
More from Katabat