CIO Influence
CIO Influence News Technology

HC3 Acquires AutoMail to Expand Statement and Communication Automation for Community Banks and Credit Unions

– Acquisition doubles capacity to design, print, and mail critical customer communications for financial institutions and other industries nationwide –

HC3, a data-driven technology company delivering customer communications, has acquired Jonesboro, Ark.-based AutoMail and DOC (Document Output Center), positioning HC3 as the leading provider of statement and critical communications services for financial institutions and other regulated industries. The acquisition closed on March 1, 2022, and HC3 assumed all of AutoMailโ€™s contracted operations.

AutoMail/DOC, founded in 1997 as SynTel, helps companies automate and reduce the expenses for statement production and fulfillment, document delivery, and tax notice processing.

Top iTechnology Cloud News:ย Alithya Targets Broader Cloud-based Projects As An Amazon Web Services โ€˜Advanced Partnerโ€™

โ€œAutoMail/DOC has a long history of providing outstanding document and mailing services to financial service organizations. As we sought an opportunity to expand our reach, their culture of service and core values matched ours,โ€ said HC3 President Griffin McGahey. โ€œHC3 will now serve 611 financial institutions.โ€

The acquisition not only increases HC3โ€™s client base, it also significantly grows their software team and product offering. Additional software benefits include statement presort software, automated e4641 services, and Asset Verification request submissions.

Top iTechnology Automation News:ย Allied Electronics & Automation Introduces Website Upgrades to Improve Customer Buying Experience

โ€œWith our combined resources, HC3 is committed to serving our clients with innovation at the forefront of everything we do,โ€ said Jeremiah James, CEO at AutoMail/DOC. โ€œThe acquisition takes the best of both companies and positions us to expand our software development team, leverage our combined years of expertise and better serve community financial institutions.โ€

Top iTechnology IOT News:ย Lucid Software Shifts to Hybrid, Remote-Friendly Workforce, Announces New East Coast Hub in North Carolina

[To share your insights with us, please write toย sghosh@martechseries.com]

Related posts

Pentera Secures $60 Million to Lead Security Validation Market Consolidation and Drive Next Phase of Growth

PR Newswire

Cradlepoint Announces 5G SASE Strategy for Cellular and Hybrid WAN Security

GlobeNewswire

Atlas AI Announces Inclusive Growth Platform Availability on Google Cloud Marketplace

CIO Influence News Desk

Leave a Comment