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security asset capital corp (SCYA) Snapshot

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security asset capital corp (SCYA) Details

Security Asset Capital Corporation, a software and services company, facilitates online debt tracking, negotiation, settlement, and collection for the credit card banking system and other consumer debt collection industries in the United States. Its product, The Debt Registry, a national account registration and tracking system, allows debt owners, debt collectors, and consumers with credit card debt to locate, track, and verify their debt portfolios. The company, through its wholly owned subsidiary, Security Asset Management, Inc., acquires, manages, collects, and markets consumer credit portfolios for their own account and third parties. The company’s another wholly owned subsidiary, Security Asset Properties, Inc., owns and operates approximately 14 income producing residential properties in San Diego County, California. The company holds a patent and license for direct online full screen video technology, through its wholly owned subsidiary, Broadband Technologies, Inc. The company provides its services to the debt industry through transaction integration and licensing of its technology. Security Asset Capital Corporation was founded in 1993 and is based in San Diego, California.

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