MONEY CENTERS OF AMERICA SELECTS FEDCHEX’S IMAGE ARCHIVE AND RETRIEVAL SERVICES.

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.

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