Faber, Coe & Gregg Selects Trintech?s ReconNET to Increase Efficiency, Reduce Costs and Improve Financial Controls
Trintech (NASDAQ: TTPA; Prime Standard: TTP), a leading provider of transaction reconciliation and payment infrastructure solutions, today announced that Faber, Coe & Gregg, a retailer of sundries, periodicals and paperbacks, has selected ReconNET to automate the verification and reconciliation of bank deposits for its 70 locations. The installation of ReconNET will enable the company to perform daily deposit verification and reconciliation to reduce costs and gain greater reporting and financial controls.Faber, Coe & Gregg, founded in 1848, operates shops offering news, gifts, books, and caf?s in airports, train stations, hotels, office buildings and highway rest stops. Faber specialty shops can be found from Chicago to Miami Beach.
"With ReconNET, we'll have daily verification of our deposits. We won't have to wait until the end of the month to reconcile our accounts," said Burt Friedman, CFO at Faber.
"This tightening of cash controls will reduce our exposure to theft and fraud and allow us to significantly reduce write-offs. Productivity in the home office will improve, and down the road we plan to use ReconNET to sweep funds from non-interest bearing accounts into those that do accrue interest."The installation of ReconNET will eliminate manual processes for reconciliation of deposits, and enable reconciliation to occur daily instead of monthly. The improved timeliness of deposit verification will allow Faber to detect and resolve any discrepancies quickly, reducing write-offs for unknown variances."Trintech is proud of its partnership with Faber, Coe & Gregg. We're very committed to providing customers with industry-leading reconciliation technology that will help them minimize risk and improve control," said John Harte, General Manager of Trintech's Funds Management Systems Division. "Trintech's flexible solutions can address the cash management needs of retail chains with dozens of store locations as well as large corporations with hundreds of stores." About Faber, Coe & GreggEstablished in 1848, Faber, Coe & Gregg Inc.
specialty shops are the perfect one-stop venues for news, gifts, books and caf?s. Faber, Coe & Gregg shops are conveniently located in airports, train stations, hotels, office buildings and highway rest stops ? from Chicago to Miami Beach. Faber, Coe & Gregg is headquartered in Secaucus, New Jersey, and can be contacted at 201-330-1515.About Trintech FMSTrintech Funds Management Systems (FMS), a division of Trintech Group, provides comprehensive, industry-leading solutions that optimize enterprise funds management including the ReconNET reconciliation product suite, Bank Fee Analysis, and DataFlow transaction data network and services. Trintech's FMS solutions are optimizing performance in nearly 400 leading companies in retail, hospitality, food service, insurance, banking, government and other industries, including YUM! Brands Restaurants, Foot Locker, Radio Shack, 7-Eleven, Whitbread Group, Verizon Wireless, Kroger, Regal Entertainment, Budget Rent A Car, Wendy's, Farmer's Insurance Group, and the University of Missouri. Trintech FMS is headquartered in Dallas, Texas, and can be contacted at 972-701-9802 and on the web at www.trintech.com/fms.About Trintech Trintech is a leading provider of transaction reconciliation and payment infrastructure solutions to retailers, financial institutions, payment processors and network operators globally.
Built on 17 years of experience, Trintech's solutions manage each area of the payment transaction cycle from authentication, authorization, settlement, dispute resolution and reconciliation - enabling its customers to reduce transaction costs, eliminate fraud, minimize risk, maximize cashflow and increase profitability. Trintech can be contacted in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: +353 1 2074000), in the US at 15851 Dallas Parkway, Suite 855, Addison, TX 75001 (Tel: +1 972 701 9802), and in the UK at 186-192 Darkes Lane, Potters Bar, Hertfordshire, EN6 1AF (Tel: +44 (0) 1707 827000).
www.trintech.com. Trintech Press Contacts:Dallas: Darrell Maronde, Director Marketing, Trintech FMSTel. +1 972 739 1634.
email: e-mail protected from spam botsIreland: Breda Leonard, Director Marketing Communications, Trintech Group Tel. +353 1 207 4164. email: e-mail protected from spam bots.
Growing Global 2005 to Feature Todd Buchholz, Former Director of White House Economic Policy
St. Louis (ContentDesk) August 10, 2005 -- Growing Global 2005, the region's premier international business luncheon, will feature Todd G. Buchholz, former White House economic advisor, network news analyst and best-selling author of the influential book "Market Shock" on Friday, September 23, 2005 in a special program at the Ritz-Carlton Hotel from 11:00 a.m.?1:30 p.m.World Trade Center Saint Louis will host Growing Global 2005, which is designed for top international executives, government officials and educators. The public is invited to attend this important annual event, which will focus on the U.S economy, overseas job outsourcing, international business and the impact of terrorism.Mr. Buchholz is a former director of economic policy at The White House who earned advanced degrees from Cambridge University and Harvard Law School.
He is a contributing editor for Worth magazine and contributes to The New York Times, The Wall Street Journal and Forbes.
Mr. Buchholz...
Hedge funds > Growing Global 2005 to Feature Todd Buchholz, Former Director of White House Economic Policy
Detroit Sports Website to Auction Barry Sanders Autographed HOF ball for Charity.
MotorCitySports (www.motorcitysports.net) will be auctioning a Hall of Fame football, signed by former Detroit Lions running back Barry Sanders.The football is 1 of just 200 available, and is accompanied by a Certificate of Authenticity from John Bankert, the Executive Director of the Pro Football Hall of Fame.The funds raised will be placed in the Sharon Antcliff fund, formed recently with the help of the North/West chapter of the Michigan Alzheimer's Association.The fund is named in the honor of the mother of Kevin Antcliff, the Editor-in-Chief of www.motorcitysports.net. Mrs. Antcliff was diagnosed with Alzheimer's Disease just over three years ago, at the age of 53. Now 57, this rare form of AD has moved quickly through her body, and has left her a shell of her former self. Her family struggled through caring for her at home until just...
Detroit Sports Website to Auction Barry Sanders Autographed HOF ball for Charity.
Hedge funds > Detroit Sports Website to Auction Barry Sanders Autographed HOF ball for Charity.
Marathon Walking a Growing Trend - Charity Programs Help Average People Achieve Remarkable Goals
Fort Lauderdale (ContentDesk) September 30, 2003 -- While less than one tenth of one percent of Americans has ever completed a marathon, that number soon may be changing.
Due to the growing trend of marathon walking, many people who otherwise thought completing a marathon was out of their reach are getting their shot at achieving a lofty personal fitness goal while helping millions of Americans at the same time.
Many people used to think a marathon was not for them or that completing a 26.2-mile event was an impossible feat because they were not seasoned runners.
However, with the advent of charity programs like the Arthritis Foundation's Joint in Motion program, marathon walking is becoming not only acceptable, but also popular.
In fact, of the more than 2,000 participants annually in the Arthritis Foundation's Joints in Motion marathon training program, 60 percent are walkers.
"I never thought I could complete a marathon," said PAM BELEY,...
Marathon Walking a Growing Trend - Charity Programs Help Average People Achieve Remarkable Goals
Hedge funds > Marathon Walking a Growing Trend - Charity Programs Help Average People Achieve Remarkable Goals
The Stock Market Explained!
Let's briefly describe The Stock Market for those who are new to the financial world. What is The Stock Market?It is by definition a market in which shares of companies stocks are bought and sold. Let me explain this. When companies start growing they need to find investors willing to invest on the company. They need to rise money to keep buying machines and products and to expand their businesses.
At the same time many investors want to find companies where they can invest their funds, so they can receive passive income from the growth of those companies, which usually cause a growth on their portfolio of invested funds. How is The Stock Market organized and why? Companies discovered a long time ago that the most profitable, easy, fast and effective way to find the investors is through an organized system, in which there is liquidity, and through which all interested individuals could bring in funds to keep developing their businesses and enterprises. That originated The Stock...
The Stock Market Explained!
Hedge funds > The Stock Market Explained!
Selling Your Settlement
The sale of a settlement can take place in cases of structured settlements. Such settlements are arrangements for periodic payment of a plaintiff's claims made by financial or insurance entities. This facility of graded payments was first made available in the United States and Canada in the 70's, and it has its benefits.A plaintiff who has been awarded a structured settlement, but requires a large sum of money immediately, can sell the settlement to a financial institution that provides such services.
There are many circumstances that may lead the recipient of a structured settlement to sell it for a lump sum. For instance, there may be insupportable medical or legal bills to pay.
Or the recipient may need to make a purchase requiring substantial funds (such as a new house or other kinds of real estate). Selling a pre-existing structured settlement is a convenient recourse in cases when a person is not eligible for housing loans or further mortgages.
Selling Your Settlement
Hedge funds > Selling Your Settlement
Seven Investment Terms Everyone Should Know
For those who have never given their financial future a second thought, the term "Financial Planning" could be a scary one. Investments can be a smart way to invest money for your future, but it can be confusing for those who have no experience in the financial business. Before you consult a financial planner it is wise to become familiar with some of the terminology that you are likely to hear from him or her.* Mutual Fund-An investment made with money that is collected by individuals with an investment goal in mind. The mutual fund is handled primarily buy a person known as the fund manager. Mutual funds are easy and cost efficient, since you are not responsible for making the decision as to where to invest the money.* Asset Allocation Fund-A mutual fund that incorporates several types of investments such as stocks, bonds, real estate, and foreign stocks.
These are typically for the small investors who want to invest in a variety of funds in order to maintain a constant return....
Seven Investment Terms Everyone Should Know
Hedge funds > Seven Investment Terms Everyone Should Know
"Legal Holidaze," New CD of Hilarious Original Lawyer Holiday Rock-and-Roll Songs, Released
LawTunes proudly announces the release of "Legal Holidaze," the new full-length album of hilarious original law-related holiday songs composed, performed, and produced by New York law firm litigation attorney Lawrence Savell. With a jacket design parodying a traditional legal hornbook treatise, the CD contains ten rockin' holiday tunes taking on such subjects as lawyer marketing, continuing legal education, document review and production, expert witnesses, and bar exams."Legal Holidaze" includes...
Hedge funds
Hedge funds > "Legal Holidaze," New CD of Hilarious Original Lawyer Holiday Rock-and-Roll Songs, Released