Quicken Loans, Rock Ventures and its Family of Companies Partner with International Bancard® to launch Rock Processing LLC

DETROIT, Feb. 3, 2015 /PRNewswire/ -- Rock Ventures, the Quicken Loans family of companies and International Bancard, an industry-leading credit card processing company, today announced the creation of Rock Processing. The new downtown Detroit-based company will provide credit card, debit card, and automated clearing house (ACH) services and offer the kind of outstanding client service and competitive pricing Quicken Loans and its affiliates have become known for delivering throughout the country. Rock Processing already provides processing services to Quicken Loans, its family of companies and many of its business partners.  

Rock Processing's clients will benefit from real-time transaction reporting, $100,000 in data breach protection, dedicated service consultants and the quick clearing of funds into bank accounts.

In addition to Quicken Loans, Rock Processing has begun providing services to Fathead, Bedrock Real Estate Services (Bedrock) and Veritix, the paperless ticketing platform that provides ticketing services to Quicken Loans Arena, home to the NBA's Cleveland Cavaliers, as well as several other NBA teams, the NFL's Detroit Lions, the NCAA, and many others. Rock Processing will now be available to more than 120 tenants of Bedrock in downtown Detroit and all other businesses across the nation.

"Rock Processing and International Bancard are committed to providing flexible, cost-effective payment processing services for every company, no matter the size or the industry," said David Iafrate, Chairman and CEO of International Bancard. "There is great synergy between our two companies, with a shared goal of providing excellence to our customers."

"Rock Processing, in partnership with International Bancard, offers better, more technologically advanced methods of processing credit cards. This new partnership will service our Bedrock Real Estate tenants, and any other business with credit card processing needs. We are confident that our clients will experience improved and quicker payment processing for their secure transactions," said Dan Mullen, Bedrock Real Estate's vice president of leasing and development.   

International Bancard has built a reputation for industry-leading 24/7 client service, while also offering the lowest rates and priding itself on protecting its clients from data breaches. The company provides credit card processing services to businesses of all sizes, from small, family-owned businesses to professional sports stadiums.

About Quicken Loans

Detroit-based Quicken Loans Inc. is the nation's second largest retail home mortgage lender. The company closed $140 billion of mortgage volume across all 50 states in 2013-2014. Quicken Loans generates loan production from web centers located in Detroit, Cleveland and Scottsdale, Arizona. The company also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked "Highest in Customer Satisfaction for Primary Mortgage Origination" in the United States by J.D. Power for the past five consecutive years, 2010 – 2014, and highest in customer satisfaction among all mortgage servicers in 2014.

Quicken Loans was named among the top-30 companies on FORTUNE magazine's annual "100 Best Companies to Work For" list for the last 11 consecutive years, ranking #5 in 2014. It has been recognized as one of Computerworld magazine's '100 Best Places to Work in IT' the past ten years, ranking No. 1 in 2014, 2013, 2007, 2006 and 2005. The company moved its headquarters to downtown Detroit in 2010, and now more than 10,000 of its nearly 12,000 team members work in the city's urban core. For more information about Quicken Loans, please visit QuickenLoans.com, on Twitter at @QLnews, and on Facebook at Facebook.com/QuickenLoans.

About Bedrock Real Estate Services

Detroit-based Bedrock Real Estate Services is a full-service real estate firm specializing in purchasing, leasing, financing, developing and managing commercial space. Since its founding in 2011, Bedrock has located more than 120 tenants in Detroit's technology and Central Business District into both office and retail spaces. In addition, Bedrock and its affiliates have invested more than $1.6 billion in more than 70 properties in downtown Detroit. For more information, visit www.bedrockmgt.com

About International Bancard

International Bancard helps businesses accept payments – credit, debit, ACH, check, and gift cards. Whether our clients serve 50 customers or host 50,000 fans, we provide payment acceptance solutions that help their businesses grow, while giving their customers a great experience. As a nationally recognized leader in the payment acceptance industry, organizations depend on International Bancard's market insight, payment security knowledge, client care, and business relationships to help guide them toward sustainable growth. For more information visit www.InternationalBancard.com.

SOURCE Quicken Loans

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