US Dataworks, Inc.

US Dataworks, Inc.

Sector: Prepackaged Software Region: TX, United States

: | OTC Markets: UDWK

Similar to: Direct Insite Corp., ReadSoft AB, HMS Networks AB

US Dataworks, Inc. develops, markets and supports payment processing software to financial institutions, businesses and government entities. Its product Clearingworks is designed to reduce the pain and cost of payment processing, which consists of four pillars of modern payment processing: ClearPayments, ClearDeposits, ClearReturns and ClearInsights. ClearPayments is an integrated, multi-channel payment platform designed to reduce operational costs by streamlining the payments from all channels into one fast and convenient platform. Payment channels include Web payments, telephone payments, mailed-in payments, and walk-in payments. ClearDeposits quickly converts incoming payment into working capital by consolidating deposits into the least cost deposit channel. ClearReturns reduces the time spent processing returned items by automated returns matching and automated processing of resubmissions and return fees. ClearInsights provides reporting capabilities to assist in tracking payment status and in producing detailed analytic information. The company was founded Mario Villarreal in December 1994 and is headquartered in Sugar Land, TX.

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