TinaWard
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Posts by TinaWard
Why Banks Must Find Dupes Sooner
July 14, 2010 - 2:32 pm
Posted in Exception Processing | 1 comment
CONIX Systems President of Technology, Frank Stokes, was invited to submit an article to Digital Transactions for its July issue emphasizing the need for earlier detection of duplicate payments in order to minimize the risks to banks and their customers. Read the complete article at our website.
CONIX-DSS to provide integrated Day 0/1 exception processing solution.
June 29, 2010 - 9:43 am
Posted in Exception Processing, Uncategorized | No comments
CONIX and Data Support Systems (DSS) have partnered to provide an integrated Day 0/1 exception processing solution to the banking industry http://conix.com/News/pr_DSS.asp. The solution steering committee formed early this year and consisting of representatives from 4 different banks and 1 major outsourcer is providing guidance on the direction of the solution. With CONIX’s Day 1 payments and exception processing experience [...]
Same-day ACH service FedACH
June 28, 2010 - 11:20 am
Posted in Exception Processing, Payment News, Uncategorized | No comments
The Fed will begin providing same-day ACH settlement for consumer checks converted to ACH and online- or phone-initiated consumer debit transfers starting Aug. 2nd. The duplicate payments between ACH and Check can and will likely appear before a bank can blink its eyes. A cross-channel Day 1 exception processing solution is an imperative in a same-day ACH environment. [...]
Frank Stokes of CONIX featured in American Banker
June 7, 2010 - 7:55 am
Posted in Exception Processing, Legislation, Regulations, Audit, Industry Standards, Operations, Workflow Management, Payment News | No comments
Frank Stokes, CONIX Systems’ President of Technology, was recently featured in American Banker’s Viewpoint to discuss the risk management of remote deposit capture and image exchange. Stokes discusses the need for earlier identification and resolution of exceptions.
http://www.americanbanker.com/issues/175_100/remote-checks-risky-1019786-1.html?ET=americanbanker_ab:e3303:2101887a:&st=email.
BAI Webinar on Acceleration of Exception Processing
June 7, 2010 - 7:30 am
Posted in Exception Processing | No comments
CONIX is working together with BAI to provide an open forum for discussing the acceleration of Day 2 exception processes into Day 1. Speakers will include Carl Bortol (DSS), Paul Carrubba (ARLAW), Tim Dillow (BB&T), and Cyndi Rhodes (Symcor). Please join us on June 8th 1:00-2:00 CT. Register here - http://www.bai.org/events/webinars/details.aspx?ec=0165&et=webinars
The risks of mobile banking & consumer RDC
April 12, 2010 - 11:20 am
Posted in General, Operations, Workflow Management, Payment News | No comments
Daniel Wolfe, American Banker featured reporter, recently published an article (ACH Is Next Frontier for Mobile Phones) highlighting ACH as the next step in the evolution of mobile banking/payments. While enabling mobile phones to connect to the ACH network would certainly bring mobile payments closer to being fully realized, one can only imagine what kinds [...]
