Enhanced Account Reconciliation and Positive Pay Solution Launches at SIBOS 2010
25 Outubro 2010 - 4:00AM
Trintech Group Plc (Nasdaq:TTPA), a leading provider of integrated
financial governance, risk management and compliance (GRC) software
solutions, and Treasury Technologies, LLC a leading provider of
next generation payment system solutions, today unveiled the newest
release of their lifecycle management software for financial
institutions – LCM Payments 2.0 – at the 2010 SIBOS conference in
Amsterdam.
Trintech and Treasury Tech attended the event with technology
partner Microsoft. LCM Payments 2.0 utilizes the most advanced
Microsoft technology, including the Microsoft .NET framework,
Microsoft SQL Server and Microsoft Silverlight presentation layer.
The solution delivers a browser-based account reconciliation and
positive pay capability, enabling financial institutions to offer a
more diverse range of real-time capabilities to their customers,
while consolidating existing systems into a single, integrated
platform.
"LCM Payments solution supplements a bank's treasury management
system," said Kevin Connelly, Managing Director for Treasury Tech.
"The advanced fraud prevention technology offers complete
visibility into the status of payments, while mitigating associated
risks. Now financial institutions of all sizes can offer their
clients customized workflows for exceptions, statuses, and payment
actions – delivered through an intuitive web front-end."
"Transaction reconciliation and fraud detection are increasingly
important functions in banking and treasury operations, and this
announcement provides an excellent example of how Microsoft and its
partners are enabling customers to deploy and manage
mission-critical solutions to meet those needs," said Karen Cone,
general manager, Worldwide Financial Services, Microsoft. "Along
with partners such as Trintech and Treasury Tech, the Microsoft
Financial Services group helps financial institutions leverage
technology to manage risk and compliance, gain deeper business
insight, and achieve operational excellence."
By integrating the disparate systems required to deliver account
reconciliation and positive pay services, LCM Payments reduces IT
and operational costs, creating internal efficiencies for financial
institutions and corporate cash management users. Industry-leading
features include:
- Web based positive pay decision capability, as a replacement
for or integrated with existing Treasury Management On-Line
Portal
- Automated issue and paid file integration enabling universal
file output and input functionality with real time payment
management dashboard
- Enhanced partial and full and deposit reconciliation reporting
functionality
- Advanced Check and ACH Positive Pay fraud mitigation
capabilities
- Teller Positive Pay interface option to almost any existing
teller system
- Positive Payee integration with existing OCR payee capture
systems
- Real time process and flexible on-line reporting
- Financial Object payment orientation enabling Card, SWIFT and a
wide variety of future payment reconciliation and fraud mitigation
capabilities
- An intuitive dashboard interface that allows clients to manage
a variety of transaction types – and to perform positive pay
decisions, adjustments, submit and receive files, manage
exceptions, and initiate reports online in real-time – all from one
screen
"LCM Payments provides a unique value proposition to financial
institutions and their corporate clients," said Greg Hauser,
Director of Product Management for LCM Payments. "Now banks can
increase service levels, generate incremental revenue, and still
reduce related operating expenses. LCM Payments provides a highly
transparent view of all internal and external financial
transactions and accounting metrics, with enterprise-level
monitoring capabilities. In terms of reducing fraud and increasing
compliance, it's pioneering."
About Trintech Group
Trintech Group Plc (Nasdaq:TTPA) is a leading global provider of
integrated financial governance, risk management, and compliance
(GRC) software solutions for commercial, financial, and healthcare
markets. Trintech's recognized expertise in reconciliation process
management, financial data aggregation, financial close and
reporting, risk management, and compliance enables customers to
gain greater visibility and control of their critical financial
processes leading to better overall business performance.
For more information on how Trintech can help you increase
confidence in business performance and reduce financial risk,
please contact us online at www.trintech.com or at our principal
business office in Addison, Texas, or through an international
office in Ireland, the United Kingdom, or the Netherlands.
Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 •
Tel 1 972 701 9802
Trintech UK Ltd. • Warnford Court, 29 Throgmorton St. • London
EC2N2AT, UK • Tel +44 (0) 20 7628 5235
Trintech Technologies • Block C, Central Park • Leopardstown,
Dublin 18, Ireland • Tel +353 1 293 9840
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The
Netherlands • Tel +31 (0) 10 8507 474
All product and company names herein may be trademarks of their
respective owners.
CONTACT: Trintech Group Plc
Media Contact
Dave Tomlinson
(972) 739-1611
dave.tomlinson@trintech.com
Trintech (MM) (NASDAQ:TTPA)
Gráfico Histórico do Ativo
De Set 2024 até Out 2024
Trintech (MM) (NASDAQ:TTPA)
Gráfico Histórico do Ativo
De Out 2023 até Out 2024