As I am sure you already know, Vertican partnered with Capital One to bring a Collection-Master OMEGA solution to market in support of a new Capital One partner program for a March 31st release date.  I am happy to share that the development is complete and the first two firms have passed user acceptance testing (UAT).  The first firm is scheduled to convert this weekend and the second is tentatively scheduled for the following weekend. Capital One has also advised that the next tranche of firms is scheduled to begin UAT next week. Although the “in application” deployment of this solution [...]

Capital One (CapOne) plans to begin sending Omega placements to firms using Collection-Master on or after March 31st. Afterwards, CapOne will ask firms to cease sending NAN files to CapOne and begin sending Omega files. Vertican has proposed a three-step solution that will make this possible. 1) Hybrid Solution - OMEGA in/NAN out will support firms importing Omega placement from CapOne. 2) Full OMEGA Solution - OMEGA in/OMEGA out will be a fully functional Omega interface for all inbound and outbound files with CapOne through Collection-Master. 3) vExchange Solution - will be a full-featured DTP built directly to interface [...]