As part of its continued national expansion and in response to demand from credit unions, Motor Vehicle Software Corp. (MVSC) introduced its proprietary Vitu Lending solution to the California and Nevada Credit Union League.

MVSC explained Vitu’s solution can offer “unprecedented” security and accuracy, expediting all elements of the vehicle titling process for credit union lienholders. With the introduction and implementation of this streamlined workflow, lien notifications and title acquisitions can be processed electronically and effortlessly, cutting time and increasing efficiency of title clerks.

Prior to the availability of Vitu, MVSC contends that credit unions have had to wait for weeks before acquiring titles, as it has been a manual process of documents being hand-delivered to DMVs before being processed. With the implementation of Vitu, that processing has now been reduced to just days.

“We are here to help expedite and facilitate the titling process for credit union clerks,” MVSC president Joseph Nemelka said. “Until Vitu was introduced, they have been logging in to multiple systems to track the titling process — two programs, two support groups. We have simplified the route to one dynamic titling solution.”

MVSC indicated Nevada credit unions can immediately benefit from Vitu through visibility into the status of vehicles sold by dealers in California. Clerks can follow the titling status from the moment buyer information is entered into the system.

“Our California credit unions know that many of the titles they hold are not just California, but registered in Nevada or Arizona,” Nemelka said. “This will help expedite title acquisition for them as well as for Nevada credit unions.”

MVSC’s DMVdesk Electronic Registration and Titling solution is already one of the top providers in California. DMVdesk currently processes for 56 percent of all franchised dealerships.

As regulatory conditions and needs have evolved across the U.S., MVSC has developed Vitu to support needs of state departments of motor vehicles, dealerships, fleet operators and now credit unions.

Additional regional solutions are planned nationwide beginning in 2017.