THE COLONY, TEXAS— Ventanex, a leader in smart transaction technology, has formed a strategic partnership with Dallas-based Solutions by Text to provide text-messaging solutions. The text capabilities integrate with Ventanex LIFT, the company’s proprietary platform that powers integrated, intelligent management of inbound payments, outbound payments and customer messaging.
“This technology integration lets our clients reach customers in a fast, powerful way,” said Chris Sanders, Ventanex chief executive officer. “Through LIFT, they can use automated texts to provide updates and reminders, make and accept real-time payments, and promote new products and services with interactive links.”
Ventanex serves leading clients in highly regulated sectors with stringent requirements for information security—including consumer finance, mortgage servicing and health care. “We selected Solutions by Text for their innovative technology—and for their proven expertise in navigating the rules and regulations of SMS marketing,” Sanders said.
Texts have a 98-percent open rate compared to 22 percent for emails—and 90 percent of texts are read within three minutes, according to Mike Cantrell, Solutions by Text president. “We’re thrilled to help Ventanex harness the real-time power of texting to make payments and messaging better, faster and easier,” Cantrell said.
Ventanex is a transaction technology innovator that helps companies serve customers better and be more profitable through integrated, intelligent management of inbound payments, outbound payments and consumer messaging. Ventanex LIFT—the company’s proprietary, cloud-based transaction management platform—is powerful, flexible and totally customizable. LIFT gives end users convenient interaction options and processes payments in the most efficient, cost-effective ways. A single convenient portal gives clients have real-time visibility into the entire lifecycle of a payment or message—with ironclad data security, built-in regulatory compliance and comprehensive tracking and analytics. Learn more at www.ventanex.com.
Solutions by Text is a division of Marketing Response Solutions LLC, a privately-held corporation focused on helping clients deliver critical information in an SMS format. SBT has developed proprietary software designed to adhere to regulations within the mobile device industry. For over 22 years, SBT has developed strategic partnerships with a variety of organizations in multiple industries to design/implement diverse SMS solutions. SBT customizes a suite of services to meet client requirements and maintain ease of use. SBT’s clients include more than 600 companies worldwide in a range of key markets, including consumer finance and healthcare. Learn more at www.solutionsbytext.com.