This new partnership with Teletrack UK adds further functionality to icenet by enabling lenders to perform rapid on line credit and fraud checks specifically designed to meet the requirements of short term lenders, including payday advance, installment loans and mail order companies.

Richard Carter, Director, icenet commented, "This agreement strengthens our ability to offer our customers a quick, consistent and reliable way to evaluate lending risk, which is crucial in short-term lending and will enable us to best meet the needs of new market entrants from the US and further establish our strong position in this growing market in the UK."

Dale Williams, Managing Director of Teletrack UK and president of its US affiliate, Teletrack Inc. commented "icenet’s end-to-end solution and strong presence in the non-prime and niche lending markets complements Teletrack's current and target customer base. icenet is a complete system that is designed to streamline and automate application processing and loan servicing. icenet’s focus on providing comprehensive solutions dovetails with Teletrack’s commitment to deliver targeted, non-traditional credit history and leading edge anti-fraud and consumer authentication solutions in combination with extensive credit performance information from the broader UK credit market."