PHILADELPHIA--(BUSINESS WIRE)--VINtek, a provider of automotive collateral management services and direct auto finance solutions for banks, credit unions and other automotive finance lenders, announced that Akshaya Mehta has joined VINtek as its executive vice president (EVP) of technology and strategic planning.
In this role at VINtek, Mehta will oversee VINtek’s technology initiatives as well as assist in the company’s strategic growth plans. He brings with him more than 25 years of experience in technology and executive level management in the business services, finance and automotive industries. Mehta was formerly the chief operating officer (COO) of First Advantage and EVP of credit and transportation services of CoreLogic.
Prior to his tenure at First Advantage/CoreLogic, Mehta was EVP and COO of American Driving Records and vice president of product development and e-commerce services for the Dealer Services Division of ADP. During his tenure at ADP, Mehta was part of the core foundation team that launched Computerized Vehicle Registration (CVR) –– a partnership between ADP and Reynolds & Reynolds that provides electronic vehicle registration systems for automotive dealerships.
“Akshaya’s experience in the automotive industry, and his ability to be an important part of the successful growth of companies is well known and he is a great addition to the VINtek management team,” said Lawrence Highbloom, president and CEO of VINtek. “He has a proven track record of maximizing the deployment of innovative technologies and services to drive significant growth and margins. His involvement in the foundation of electronic registration and DMV related services is a perfect fit for VINtek’s growing suite of DMV technologies and services.”
About VINtek
In its 22nd year, Philadelphia-based VINtek provides automotive collateral management services, ELT and direct auto finance solutions for banks, credit unions and other auto finance institutions. Through its offices in Philadelphia, Las Vegas, Sacramento, Calif., and Troy, Mich., VINtek enables lenders to increase customer satisfaction and operating efficiency while simultaneously decreasing costs and errors associated with automotive collateral management through the introduction of innovative consumer loan servicing technologies. VINtek holds two U.S. patents on automotive lien processes and is the recipient of numerous industry awards for its processing services. For more information, visit www.vintek.com.