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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Trintech (MM) | NASDAQ:TTPA | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.57 | 0 | 01:00:00 |
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:
"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
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