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Veritec Inc
1163 Kruse St
Phone: (763) 253-2670p:763 253-2670 SAINT PAUL, MN  55118-2506  United States Ticker: VRTCVRTC

Business Summary
Veritec, Inc. is engaged in the development, sales, and licensing of products and providing services related to its mobile banking solutions. It provides back-end cardholder transaction processing services for Visa-branded card programs on behalf of its sponsoring bank. Its Mobile Banking Technology is used to offer Prepaid Card Programs to sponsor banks and approved applicants/cardholders. Its products and solutions include MTC Debit Card - Visa Prepaid Card Programs, blinx ON-OFF Debit Card - Visa Prepaid Card Programs, Custom Branded Debit Card Programs and blinxPay Mobile Wallet App. The blinx ON-OFF card is based on the Mobile Banking Technology platform and offers the same features and functions as the MTC branded card but with different pricing for bank-sponsored cards. The blinxPay is a secure payment processing system and mobile app that enables customers to make purchases. Its Mobile Banking Technology resides within a Payment Card Industry compliant data processing center.
(Source: 10-K)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/20236/30/2023YesYesYes-Yes

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board, Chief Executive Officer, Treasurer Van ThuyTran 78 1/1/2010 1/1/1999
Independent Director Laird E.Powers 75 3/4/2008 3/4/2008

Business Names
Business Name
VCode, Inc.
Veritec Financial Systems, Inc.
VRTC

General Information
Number of Employees: 5 (As of 6/30/2012)
Outstanding Shares: 39,988,007 (As of 12/31/2023)
Shareholders: 797
Stock Exchange: OTC
Federal Tax Id: 953954373
Fax Number: (763) 253-0503


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Thursday, March 28, 2024