Bozeman, Mont. (PRWEB) January 30, 2013
Zoot, a international provider of advanced loan origination, account acquisition and credit threat management solutions, today announced a number of achievements in 2012. The firm launched a new solution developed to assess and monitor merchant threat, received a patent for its test file modification tool and expanded partnerships that utilize Zoot technology to drive innovation.

We are pleased to continue a positive trajectory of development with each current and new consumers. As we move into 2013 were hiring for far more than 20 new positions this month and anticipate extra growth all through the year, mentioned Dennis Dixon, president of Zoot Enterprises. 1 of Zoots core strengths is addressing sector gaps for our clientele. In 2012 we created solutions and expanded our partnerships to assist our clientele with much more effective account opening, proactive threat management and elevated consumer satisfaction.

Zoot launched zMerchantSM onboarding and risk monitoring remedy in response to an sector need to have for realtime evaluation of new merchant applications by merchant acquirers, ISOs and other folks looking for to establish new merchant accounts. The resolution also proactively monitors merchant transactions and applies automated triggers to indicate risk of loss. zMerchant gives acquirers access to company and customer credit information as well as option credit and fraud data, delivering the flexibility to assess every merchants unique risk.

In August of 2012, the U.S. Patent and Trademark Office granted the issuance of U.S. Patent Quantity eight,239,757 for Zoots technique and method for making and modifying test data files used when testing the accuracy of a financial institutions credit decisioning logic. The solution offers an efficient, accurate and automated approach for enhancing banks testing procedures. Employing this tool, software program developers no longer require to commit numerous hours creating and hand-editing test data files or rely on a volume test that may well miss particular situations.

Zoot enhanced its marketplace offerings by combining the strengths of enterprise partners with Zoot technologies to produce differentiated items. Acxiom