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Tag Archives | Vermont

CONIX Introduces Risk Detective for Mitigation of RDC and Mobile Deposit Risks

MANCHESTER, Vt., Feb. 28, 2013 (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc. (CONIX) is introducing its Risk Detective(TM) solution for real time scoring of client eligibility in support of financial institutions’ risk management strategies. Challenged to comply efficiently with FFIEC guidelines and to mitigate the risk associated with the expansion of payment options, financial institutions must […]

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Trustmark National Bank Selects CONIX Systems’ Fraud Detective

MANCHESTER, Vt., Feb. 28, 2013 (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc. (CONIX), a leading international provider of payment processing solutions to the financial services industry, is pleased to announce that Trustmark National Bank (Trustmark) will add Fraud Detective(R) to the bank’s payment processing operation. Trustmark, with approximately 220 branch locations in Alabama, Florida, Mississippi, Tennessee, […]

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Vermont Startup Seeks over $1 Billion in Unclaimed Life Contracts

BURLINGTON, Vt. (SEND2PRESS NEWSWIRE) — Policy Inspector Inc., a new nationwide provider of comprehensive life insurance policy searches, is pleased to announce the launch of the company’s website, content developed by their in-house marketing group. The site embodies Policy Inspector’s forward-thinking vision and commitment to the growing needs of the over $1 Billion dollars of […]

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CONIX Introduces Image Analytics for Fraud Detective and Dupe Detective in Response to Financial Institutions’ Risk Mitigation Needs

MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc. (CONIX), a leading provider of payment processing solutions, is introducing image analytics to enhance its fraud and duplicate detection solutions. This enhancement enables financial institutions to further mitigate significant risk exposure in their payment processing operations.

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CONIX Systems, Inc. Adds Dwight E. Williams to Sales Team, Helping Financial Institutions Adapt to Emerging Payment Opportunities

MANCHESTER, Vt., April 4, 2012 (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc. (CONIX), a leading international provider of payment processing solutions to the financial services industry, is proud to announce that Dwight E. Williams has joined its team. Dwight brings 17 years of business banking and branch management experience to the CONIX sales team.

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Payment Solutions Provider CONIX Systems, Inc. Marks 20th Anniversary Serving Financial Institutions and Processors

MANCHESTER, Vt., March 8, 2012 (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc. (CONIX), a leading international provider of payment processing solutions to the financial services industry, is proud to announce that it has served financial institutions and processors since 1992. For two decades, CONIX has pioneered payment processing products that reduce system maintenance costs and improve […]

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CONIX Fraud Detective Replaces Legacy Fraud Systems, Enables Cross-Channel Review of Payments, Advances Financial Institutions' Detection Strategies

MANCHESTER, Vt., Feb. 27, 2012 (SEND2PRESS NEWSWIRE) — In response to increasing payment fraud risk, CONIX Systems, Inc. (CONIX) is introducing its enhanced Fraud Detective(R) enterprise solution to financial institutions and their payment processors at the 2012 BAI Payments Connect conference, March 12 – 14 (Booth #508). Effective both against current and emerging payment fraud […]

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CONIX Brings National Duplicate Detection and Fraud Detection Database to the Payments Industry, Will Unveil at 2012 BAI Payments Connect

MANCHESTER, Vt., Feb. 22, 2012 (SEND2PRESS NEWSWIRE) — With FFIEC compliance in force, operating efficiency paramount, and fraud evolving rapidly, CONIX Systems, Inc. (CONIX) has enabled financial institutions and payment processors to aggregate payment anomalies in a shared SaaS database. Creating a shared national duplicate and fraud detection database is imperative in meeting the challenges […]

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Trustmark National Bank Goes Into Production with CONIX Systems' Dupe Detective

MANCHESTER, Vt., Nov. 4, 2011 (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc. (CONIX), a leading international provider of payment processing solutions to the financial services industry, and Trustmark National Bank (Trustmark) have completed the bank’s implementation of Dupe Detective(TM), the payments industry’s leading Day 1, multi-channel duplicate payment product.

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White Paper Discusses Automated Filtering of 'False Positive' Duplicate Payment Suspects and Using X9 Addendum Records for Identification of Represented Return Items

MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc. (CONIX), has created a white paper to educate banks and payment processors about how to safeguard themselves and their customers using a duplicate payment detection strategy that eliminates ‘false positives.’ Most false positives result from duplicate payment detection protocols that mistake return item representments for duplicate payments.

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False Suspects ‘Bite the Dust’ as CONIX’s X9 Inspector Tracks and Filters Re-presentments, Advancing Payments Processing Productivity

MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc., (CONIX) announces the availability of its Dupe Detective X9 Inspector feature, providing banks and payments processing providers a proven duplicate detection solution that eliminates the most common source of false suspects. X9 Inspector enables payments processing operations to minimize the number of payments falsely identified as duplicate […]

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Trustmark National Bank Selects CONIX Systems' Dupe Detective

MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc. (CONIX), a leading international provider of payment processing solutions to the financial services industry, has signed Trustmark National Bank (Trustmark) for Dupe Detective™, the payments industry’s leading Day 1, multi-channel duplicate payment product. Dupe Detective enables institutions and processors to resolve duplicate payments prior to posting.

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Symcor Inc. Selects CONIX Systems' Enterprise IRD System to Print Image Replacement Documents (IRDs)

MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — CONIX Systems Inc., a leading international provider of payment processing solutions to the financial services industry, was selected by Symcor Inc., a leading North American financial processing company, to provide its Enterprise IRD (EIRD) solution – a system designed to print IRD documents from X9.37 files.

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Improper Payments Reduction Plan Makes Sense to CONIX Systems Technology President Frank Stokes, Should Be Applied to Financial Industry

MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — Franks Stokes, president of technology for CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and pioneer in the acceleration of exception processing, agrees with the Obama Administration that reducing systemic drains on the Federal budget by better policing benefits and other types […]

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Xcept Steering Committee for Accelerating Exception Processing Adds Five Bank Members

MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — The Xcept Steering Committee, organized in the first quarter of 2010 by CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exception management tools, has added five members representing the Bank of Oklahoma, Bank […]

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Exception Day 1 Processing to become a reality by CONIX Systems, Inc. and Data Support Systems (DSS)

MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc. (CONIX), a leading international provider of payment processing solutions to the financial services industry and pioneer in the acceleration of exception processing and Data Support Systems (DSS), a leading provider of image-based back office payment processing solutions, have formed a partnership to accelerate exception processing across the […]

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BAI – CONIX Webinar Explores Cost Savings, Risk Management, and Improved Compliance through Exception Processing Acceleration

MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — Banks that focus on reducing the impact of exception items in their payment processing operations by moving Day 2 processes to Day 1 can achieve decreased costs, more effective risk management, and improvements in auditory compliance, according to CONIX Systems, Inc., which developed content for the upcoming June 8 BAI […]

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BAI – CONIX Systems Exception Processing Acceleration Webinar Features Paul Carrubba, BB&T's Tim Dillow, and DSS President Carl Bortol

MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — An upcoming June 8 BAI webinar entitled, Acceleration of Exception Payment Processing: ‘The Next Big Thing,’ will feature commentary by noted attorney and bank payments expert Paul Carrubba, BB&T payments executive Tim Dillow, and Data Support Systems President and Founder Carl Bortol.

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CONIX Systems Hosts June 8 BAI Exception Payment Processing Acceleration Webinar

MANCHESTER, Vt. (SEND2PRESS NEWSWIRE) — CONIX Systems, Inc., a leading international provider of payment processing solutions to the financial services industry and a pioneer in the creation of post-Check 21 exception management tools, will host the BAI webinar entitled, ‘Acceleration of Exception Payment Processing: ‘The Next Big Thing,” on June 8 at 1:00 p.m. CST/CDT.

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