Incurrent, the leading provider of online account management solutions for the credit card industry, announced it has been selected New Jersey’s “Growth Company of the Year.”
Sponsored by the New Jersey Technology Council (NJTC), the growth company award program was established to pay tribute to the region’s most outstanding technology companies in recognition of growth, achievement and excellence within the diverse technology sectors of New Jersey. Companies are judged on the basis of market penetration, growth in sales, and employee expansion. Incurrent was honored at the 2002 New Jersey Technology Council’s seventh annual awards gala held in November.
“We couldn’t be prouder of the winners who have continued to grow their companies and wow us with their combined accomplishments and innovations,” said Maxine Ballen, president and founder of NJTC.
Incurrent CEO, Dave Hickey, added, “We are extremely pleased that the New Jersey Technology Council recognizes Incurrent as a key innovator in such a large and accomplished community of technology companies. This recognition validates the tremendous value our online cardmember relationship management solutions bring to many of our clients such as MBNA, Certegy, Sears, Fleet, Target, First USA, Fiserv, and Metris.” Past winners of this award include companies like Taratec Development Corporation, PSEG, AT&T Solutions, TSR Wireless, The Prudential Insurance Company of America, Johnson & Johnson, and Lucent Technologies, to name a few.
2002 was a banner growth year for Incurrent as the number of enrolled online cardmembers it serves increased 167%. Incurrent projects that it will begin 2003 with over four million enrolled users of its advanced online credit card solutions. Dave Hickey continued, “2003 will be another growth year for Incurrent as we release a number of new innovative online credit card solutions that will help issuers better serve their cardmembers online as well as through other service channels.”
About Incurrent
Incurrent develops, licenses and operates advanced customer self-service and electronic billing (EBPP) systems for financial institutions in the global payment card industry. Founded in 1997, the Company numbers among its clients leading institutions such as MBNA, First USA, Fleet, Metris, Sears, and Target. With nearly 4 million enrolled and active cardholders, Incurrent’s platform is among the most widely adopted electronic banking systems in use today. Incurrent clients are consistently placed in the top of industry rankings based on site performance, stability, features, and ease of use.
Distinguished by its rich data warehouse and leading edge self-service and billing features, Incurrent has set an industry standard, enabling client financial institutions to enroll and service more users, with greater levels of satisfaction than competing platforms or in-house solutions. Fully integrated with all leading back-office accounts receivable systems, including First Data, Total Systems, Certegy, and PaySys, Incurrent represents a fast, cost-effective and low-risk means of acquiring, servicing, cross-selling and billing cardmembers through multiple contact channels. This in turn drives customer adoption, leading to enhanced brand loyalty and service delivery cost reductions for Incurrent’s clients.
About NJTC
The New Jersey Technology Council (NJTC) provides business support, networking, information, advocacy and recognition of technology companies and their leaders. Founded in 1996, NJTC’s more than 1,200 member companies work together to support their own enterprises while advancing New Jersey’s status as a leading technology center in the United States.