New York-based First Data [1], a commerce-enabling technology provider recently announced that it had integrated with the EllieMae [2] Encompass Consumer Connect lending platform. Together, the two companies will integrate secure payments technology to process mortgage and appraisal fees, allowing Ellie Mae customers to accept payment for all costs related to the lending process—including loan origination, processing, underwriting, and credit reports.
“First Data is thrilled to deliver our fast, simple and secure payment technology to the banks, credit unions, and mortgage lending companies Ellie Mae serves,” said Jeff Shanahan, EVP, Head of CardConnect at First Data. “Our relationship will enable Ellie Mae to deliver a simple and secure solution for its clients and further enhanced consumer engagement for lenders.”
Through this relationship, Ellie Mae will leverage the BluePay Gateway, which is now part of the CardConnect ISV platform. First Data’s CardConnect and BluePay, have recently consolidated into a single integrated payments platform under the CardConnect brand to create an offering that allows software companies to more easily add secure payment processing within SaaS, mobile, and point-of-sale applications.