MONEY CENTERS OF AMERICA SELECTS FEDCHEX’S IMAGE ARCHIVE AND RETRIEVAL SERVICES.
16 Nov 2011 Leave a Comment
Irvine, CA – King of Prussia, PA, August 2011
FEDChex, a leading provider of payment processing solutions, is pleased to provide Money Centers of America, a trusted provider of cash access products and services for the gaming industry, with their cash advance Image Retrieval and Archive Solution coupled with related reconciliation, data entry and optical character recognition (OCR) services.
“In the cash access industry, there is always the risk of fraud and loss related to cash advance,” said Mark Wolfington of Money Centers of America. “We recognized this threat and feel confident that FEDChex’s customized image retrieval tool will help not only mitigate much of that risk, but allow us to resolve disputes in the most cost effective and efficient manner.”
FEDChex’s OCR and Data Entry services will systematically capture pertinent data for input into FEDChex’s image retrieval application. FEDChex’s Reconciliation procedures ensure a 100% data match and store the information a secured web application for Money Centers of America personnel to later reference.
”We believe this solution will not only benefit Money Centers of America and it’s staff, but will likely become a standard in the gaming industry,” said Bryan Dube, Senior Vice President Business Development of FEDChex. “Money Centers of America awarded FEDChex the business because of our creativity and flexibility related to customized solutions.”
About Money Centers of America
Since 1998, Money Centers of America has been providing traditional full service cash access services as well as a state of the art technology platform that enables gaming operators to process their own transactions.
Money Centers of America currently has contracts to provide some or all of the cash access services in 19 locations across the United States. Our locations are in the states of Minnesota, Oklahoma, New Mexico, California, Louisiana, New York and Nevada.
About FEDChex
FEDChex offers a comprehensive suite of solutions for Treasury Management, Risk Mitigation, Depository Services and Loss Prevention & Recovery for Fortune 500 companies and small businesses alike. Utilizing state-of-the-art technology, their solutions expedite the entire payment lifecycle for companies nationwide.
FEDChex is an associate member of the National Automated Clearing House Association, the Electronic Check Council, Western Payments Alliance, Association for Financial Professions and is a member in good standing with the Better Business Bureau in states across the U.S. For more information about FEDChex solutions, contact Bryan Dube at 866.599.1262 or visit FEDChex on the web at http://www.fedchex.com.
AFP Annual Conference
06 Oct 2011 1 Comment
in Uncategorized Tags: AFP, FEDChex
Come visit the FEDChex team at booth #1732 in Boston, November 6 – November 8, during the AFP Annual Conference.
Freeway Insurance Services Inc. Selects FEDChex To Provide Collection Services For Freeway And Related Entities
23 Jun 2011 Leave a Comment
in Uncategorized Tags: Accounts Receivable, Auto Insurance, Collections, confie seguros california, cost-u-less insurance center, FEDChex, Freeway Insurance
Irvine, CA – June, 2011
Freeway Insurance has utilized FEDChex for re-presentment of their NSF checks since 2003. Through the years of proven results, Freeway Insurance has now selected FEDChex to handle all collection aspects on their returned checks, as well as outstanding receivable collections. FEDChex is proud to provide collection services to the long standing, and much appreciated, Freeway Insurance.
“We have enjoyed impeccable service and a good recovery rate by utilizing FEDChex’s RCK service,” said Alex Trachtman, CFO of Freeway. “It made business and financial sense to select them for all of our collection needs and we look forward to continuing our relationship with FEDChex.”
About Freeway Insurance
Freeway Insurance was founded in California in 1987 and together with its related group of companies has grown to over 220 locations with over 1,500 employees serving customers in Arizona, California, Oregon, New Jersey, New York and Washington. Freeway Insurance is currently one of the largest privately-owned insurance agencies in the country. For more information about Freeway Insurance, contact Alex Trachtman at 714.252.2500 or visit them at www.freewayinsurance.com.
About FEDChex
FEDChex offers a comprehensive suite of solutions for Treasury Management, Risk Mitigation, Depository Services and Loss Prevention & Recovery for Fortune 500 companies and small businesses alike. Utilizing state-of-the-art technology, their solutions expedite the entire payment lifecycle for companies nationwide.
FEDChex is an associate member of the National Automated Clearing House Association, the Electronic Check Council, Western Payments Alliance, Association for Financial Professions and is a member in good standing with the Better Business Bureau in states across the U.S. For more information about FEDChex solutions, contact Bryan Dube at 866.599.1262 or visit FEDChex on the web at http://www.fedchex.com.
FOLLETT HIGHER EDUCATION GROUP SELECTS FEDCHEX RECOVERY FOR NATIONAL ACCOUNTS RECEIVABLES COLLECTION SERVICES
08 Dec 2010 Leave a Comment
in Uncategorized Tags: Accounts Receivable, Collections, Debt, FEDChex, Follett, Text Book Rental
FOLLETT HIGHER EDUCATION GROUP SELECTS FEDCHEX RECOVERY
FOR NATIONAL ACCOUNTS RECEIVABLES COLLECTION SERVICES
Irvine, CA – Oak Brook, IL – December 3, 2010
In the first quarter of 2010, FEDChex Recovery participated in a seven-location pilot for Follett’s Rent-A-Text, their latest cost-saving text rental program to collect charges and fees for unreturned books. The pilot proved successful and subsequently led to a large-scale rollout of Rent-A-Text to more than 700 locations.
“Follett introduced Rent-A-Text to make an impact on affordability, as we understand the rising costs of education for students and their parents,” said Lynn Arazny, Cash Accounting Manager at FHEG, “As found in any rental model, a small subset of renters neglects to return their rented materials – part of the risk in introducing such a program. We’re confident that teaming up with FEDChex Recovery will help us recover most, if not all, of those charges.”
FEDChex Recovery, a leading provider of payment processing and risk mitigation solutions, utilizes skip-tracing technology with internal and external negative databases, as well as Lexus Nexus and Equifax in order to locate and collect on delinquent accounts. In conjunction with this process, a series of collection letters are distributed and unlimited phone contact is made utilizing a state-of-the-art Predictive Dialer. When necessary, FEDChex Recovery uses direct relationships with Litigation and District Attorney Check Restitution programs across the country to collect these debts.
“Since 2003, FEDChex Recovery has been proud to offer Follett Higher Education Group our Electronic Check Re-Presentment Program (RCK), Balanced Consolidated Returns (BCR) and Traditional Check Collections services and we are very pleased to provide them with our Accounts Receivables Collection services now,” says Bryan Dube, SVP, Business Development. “We’re proud to say that our clients receive the highest recovery rates in the industry and are certain that Follett Higher Education Group will realize the benefit this service.”
About Follett Higher Education Group
Follett Higher Education Group is the leading provider of bookstore services and the foremost supplier of used books in North America. Follett services five million students and over 400,000 faculty members through more than 850 stores. Follett also services more than 1,600 independent campus stores with its wholesale services, and has the most visited ecommerce collegiate website, efollett.com, that provides services and products through a network of more than 900 campus stores.
About FEDChex
FEDChex Recovery is licensed in all 50 states and has established itself as one of the leading contenders in today’s collections industry by placing our focus on the needs of our clients and developing the tools and tactics to best assist them with the recovery of outstanding debt. Our customer service approach has enabled FEDChex Recovery to boast a higher recovery rate than any other national collection agency. Along with building relationships with our clients, we take great pride in offering a variety of tools and resources to help create a proven collection process. FEDChex Recovery is an associate member of the American Collectors Association (ACA), California Association of Collectors (CAC), and is a member in good standing with the Better Business Bureau in states across the U.S. For more information about FEDChex Recovery solutions, contact Bryan Dube at 866.599.1262 or visit FEDChex Recovery on the web at http://www.fedchex.com.
Doing Our Part For The Environment at FEDChex
24 Nov 2010 Leave a Comment
in Uncategorized Tags: Environment, FEDChex, PayItGreen
As a complement to our Pay It Green initiative, FEDChex has also undertaken a multi-year virtulization initiative. By utilizing hardware from Dell and software from VMWare FEDChex has been able to reduce our rack space by 20% and our physical servers by 18.5%. We expect to further reduce our deployed hardware by an additional 11% over the coming year. The benefit to the environment is substantial as we are using far less power and HVAC than in previous years. Additionally solutions like Thin Provisioning are allowing us to better utilize disk space meaning that growth in power-hungry devices is only done when needed to properly run the business. The power savings equates to reducing CO2 emissions by 122,400 kilograms per year. This is equivalent of taking 78 cars off the road for an entire year.
FEDChex Joins PayItGreen Campaign
22 Oct 2010 Leave a Comment
in Uncategorized Tags: Electronic billing, Electronic Statements, Environment, FEDChex, NACHA, PayItGreen
FOR IMMEDIATE RELEASE
FEDChex Promotes Resource Savings with PayItGreen™ Campaign
Wednesday, October 20, 2010– FEDChex actively participates in the PayItGreen campaign, designed
to increase consumer and business awareness of the collective environmental benefits of switching to
electronic billing, statements, and payments.
FEDChex is leading change through other sustainability programs such as offering clients electronic
reporting, billing and statements. In 2010, FEDChex began a company-wide Green initiative, which
includes encouraging employees to recycle paper, aluminum and glass. All proceeds will go to a local
community charity at the end of each year.
“FEDChex is proud to support this important initiative and practice,” said Kellie Davis, Director of
Marketing, Communications. “We recognize that we can contribute greatly to the sustainability of the
environment by taking large amounts of paper out of the waste cycle.”
About FEDChex
FEDChex offers a comprehensive suite of solutions for Treasury Management, Risk Mitigation,
Depository Services and Loss Prevention & Recovery for Fortune 500 companies and small
businesses alike. Utilizing state-of-the-art technology, their solutions expedite the entire payment
lifecycle for companies nationwide.
FEDChex is an associate member of the National Automated Clearing House Association, the
Electronic Check Council, Western Payments Alliance, Association for Financial Professions and is a
member in good standing with the Better Business Bureau in states across the U.S. For more
information about FEDChex solutions, contact Bryan Dube at 866.599.1262 or visit FEDChex on the
web at http://www.fedchex.com.
About the PayItGreen Alliance
The PayItGreen Alliance was formed in 2007 to educate consumers about the positive environmental
impact of choosing electronic bills, statements and payments over paper alternatives. The Alliance is
comprised of leaders in the financial and consumer billing industries including representatives from
Bank of America, BillMatrix, Capital One, CheckFree, now part of Fiserv, Citi, Citizens Bank, The
Clearing House/EPN, Harris Bank, the Federal Reserve Banks, Fiserv, JPMorgan Chase, The
Regional Payment Associations, SunTrust Bank, U.S. Bank, Wachovia, and Wells Fargo. Special
advisors to the Alliance are AT&T, Con Edison and Qwest Communications. NACHA–The Electronic
Payments Association is coordinating the initiative.
Pssst…Be The First To Know:
27 Aug 2010 Leave a Comment
in Uncategorized Tags: Accounts Receivable, Bad Checks, bank fees, Check 21, Checks, Collections, ECCHO, FEDChex, FEDChex Recovery, Global Cash Access, NACHA, Payments, RDC
NEW PRODUCT INTRODUCTIONS
SPECIAL EVENTS
EXCLUSIVE OFFERINGS
IMPORTANT NEWS & ALERTS
…AND MUCH MORE
FEDChex Joins ECCHO As Sponsoring Organization
17 Aug 2010 Leave a Comment
in Uncategorized Tags: banks, check, clearing house, credit unions, ECCHO, FEDChex, image exchange, NACHA
Contact Information
FEDChex
Kellie Davis
Director, Marketing/Communications
949.440.4653
kdavis@fedchex.com
Christi Mejer
Chief Financial Officer
949.440.4600
cmejer@fedchex.com
Contact Information
ECCHO
Jennifer Johnson
Director, SO Relations
770.452.0961
jjohnson@eccho.org
Scott Miller
Director, Business Development
406.442.4994
smiller@eccho.org
FEDChex Is Now A Sponsoring Organization Of ECCHO, The Electronic Check Clearing House Organization
Irvine, CA – Dallas, TX – August 17, 2010
FEDChex, a recognized leader in the payments industry, is pleased to announce their alliance with ECCHO, a not-for-profit corporation created in 1990 that provides education on image exchange, serves as an advocate for industry objectives and creates and maintains rules for check image exchange.
“Our clients must feel secure about utilizing our electronic processing services. Staying informed about changes in the industry which may affect their business is key to ensuring that security,” says Christi Mejer, Chief Financial Officer of FEDChex. “Our relationship with ECCHO adds to FEDChex’s rich list of key organization memberships, which enables us to keep our finger on the industry pulse with a focus on rules and regulations pertaining to payment processing.”
About ECCHO
ECCHO (Electronic Check Clearing House Organization) is a not-for-profit national clearing house that provides image exchange rules for private sector exchanges. Membership in ECCHO is available to every financial institution and current membership totals more than 1,900 financial institutions ranging in size from community banks and credit unions to the largest banks in the country. Additional information regarding ECCHO is available at www.ECCHO.org.
About FEDChex
FEDChex offers a comprehensive suite of solutions for Treasury Management, Risk Mitigation, Depository Services and Loss Prevention & Recovery for companies nationwide and utilizes state-of-the-art technology to expedite the entire payment lifecycle.
FEDChex is an associate member of the National Automated Clearing House Association, the Electronic Check Council, Western Payments Alliance, Association for Financial Professions and is a member in good standing with the Better Business Bureau in states across the U.S. For more information about FEDChex solutions, contact Bryan Dube at 866.599.1262 or visit FEDChex on the web at http://www.fedchex.com.
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FEDChex & Global Cash Access Sign Multi-Year Contract
25 Feb 2010 Leave a Comment
in Uncategorized Tags: cash access, FEDChex, Gaming, GCA, Global Cash Access, Reconciliation
Contact InformationFEDChexKellie Davis
|
Contact InformationGlobal Cash AccessMark LabaySenior Vice President of Product Management702-262-5007mlabay@gcamail.com |
GLOBAL CASH ACCESS SELECTS FEDCHEX’S IMAGE ARCHIVE AND RETRIEVAL SERVICES.
Irvine, CA – Las Vegas, NV– February 25, 2010
FEDChex, a leading provider of payment processing solutions, is pleased to provide Global Cash Access, Inc. (GCA), a trusted provider of cash access related products and services to the gaming industry, with their cash advance Image Retrieval, Reconciliation and Archive Solution.
“We are committed to reducing the risk of fraud and loss for our customers related to debit and credit card transactions,” said Mark Labay, Senior Vice President of Product Management of GCA. “We believe that the solutions provided by FEDChex’s customized image retrieval tools will help not only mitigate some of the risks associated with fraud, but also assist GCA in resolving disputes in the most cost effective and efficient manner .”
FEDChex’s optical character recgonition (OCR) and data entry services will systematically capture pertinent transaction data for input into FEDChex’s image retrieval application. FEDChex’s reconciliation procedures ensure a 100% data match and store the information in a secured web application for GCA personnel to retreive on demand.
”We believe this solution will not only benefit GCA and ultimately their customers, but will likely become a standard with applications outside of the gaming industry,” said Bryan Dube, Senior Vice President Business Development of FEDChex. “GCA awarded FEDChex the business because of our creativity and flexibility related to customized solutions.”
About Global Cash Access (GCA)
GCA, a wholly owned subsidiary of Global Cash Access Holdings, Inc., is a leading provider of cash access products and related services to over 1,100 casinos and other gaming properties in the United States, Europe, Canada, the Caribbean, Central America and Asia. GCA’s products and services provide gaming patrons access to cash through a variety of methods, including ATM cash withdrawals, point-of-sale debit card transactions, credit card cash advances, check verification and warranty services, and Western Union money transfers. GCA provides products and services that improve credit decision-making, automate cashier operations and enhance patron marketing activities for gaming establishments. With its proprietary database of gaming patron credit history and transaction data on millions of gaming patrons worldwide, GCA is recognized for successfully developing and deploying technological innovations that increase client profitability, operational efficiency and customer loyalty. More information is available at GCA’s Web site at http://www.gcainc.com.
About FEDChex
FEDChex offers a comprehensive suite of solutions for Treasury Management, Risk Mitigation, Depository Services and Loss Prevention & Recovery for Fortune 500 companies and small businesses alike. Utilizing state-of-the-art technology, their solutions expedite the entire payment lifecycle for companies nationwide.
FEDChex is an associate member of the National Automated Clearing House Association, the Electronic Check Council, Western Payments Alliance, Association for Financial Professions and is a member in good standing with the Better Business Bureau in states across the U.S. For more information about FEDChex solutions, contact Bryan Dube at 866.599.1262 or visit FEDChex on the web at http://www.fedchex.com.
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