Vero Technologies, a provider of innovative financial technology solutions for asset-based lending, has successfully launched its Title Management System (TMS) with First Business Bank, streamlining the bank’s title processing operations. Vero has enabled straight-through processing for the bank’s entire title management workflow.
Through Vero’s technology platform, First Business Bank now benefits from key capabilities including: bulk digitalization and OCR processing, automated title-to-asset pairing, FedEx API integration and barcode scanning for vaulted title tracking.
“Partnering with Vero to enhance our Title Management System has been a game-changer,” Jeff Widholm, managing director of floorplan financing at First Business Bank, said. “The ability to automate title intake, processing and distribution has allowed us to scale more efficiently while improving service levels for our clients. This solution enables us to handle greater volume with precision and speed, reinforcing our commitment to delivering best-in-class financial services.”
“Our collaboration with First Business Bank demonstrates the power of automation in title operations,” Isaac Zafarani, co-founder and chief operating officer at Vero Technologies, said. “By eliminating manual bottlenecks and streamlining workflows, we’re helping financial institutions process titles faster, reduce errors and enhance transparency. This launch is a milestone in our mission to modernize asset-based lending infrastructure.”