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Property firms sign up for dud cheque reporting solution |
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Sunday August 2 2009
Real estate firms Landmark Properties and New England International
Real Estate are integrating Emcredit's cheque-reporting solution,
emBounce, into their business processes further enhancing their risk
management practices.
The announcement was made by Emcredit, the UAE's first government-backed credit information services company.
Under
the terms of the agreements, Landmark Properties and New England
International Real Estate will benefit from Emcredit's cheque-reporting
solution, which will provide insight into the cheque-honouring and
payment habits of existing and potential tenants in the UAE.
This,
in turn, allows both companies to better assess their customers,
provide additional payment flexibility with reassurance and offer
faster and more efficient processing of sales and tenancy agreements,
thereby further enhancing and improving service levels to their
customers, landlords and developers.
Landmark Properties is a
real estate brokerage firm and consultancy provider in the UAE and New
England International Real Estate a real estate consultancy services
firm.
"The benefits of credit reporting have grown beyond the
financial services industry," said Zaid Kamhawi, Chief Business
Officer, Emcredit. "The availability of accurate and timely information
on customer's credit patterns empowers businesses with clearer
insights, helping them make business decisions accordingly."
Emcredit also provides Better Homes with cheque-reporting solutions.
Source: Arabian Business
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