TCF Bank Implements IMAGECENTER for ATM Deposits Management; Solution Helps Streamline and Automate Transaction Processing from Start to Finish.CLEARWATER, Fla. -- TWS TWS The Wildlife Society (founded in 1937) TWS The Wilderness Society TWS The Weekly Standard (political magazine) TWS Thermal Weapon Sight TWS Texas World Speedway TWS Tsunami Warning System Systems, Inc., a leader in ATM deposit management and transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. solutions for financial institutions and a Microsoft Certified Partner, announced that TCF See Trenton Computer Festival. Bank selected several of the IMAGECENTER modules, including ALERTMANAGER BY TWS (ALERTMANAGER), a real-time fraud prevention solution and OMEGA BY TWS (OMEGA), a Microsoft(R).NET-based ATM deposit management solution that automates the processing and management of an ATM deposit. TCF, a Minnesota-based national financial holding company with $12 billion in assets, has 419 banking locations in Minnesota, Illinois, Michigan, Wisconsin, Colorado and Indiana. IMAGECENTER provides the bank with the latest balancing and fraud detection technology on the market. The solution helps the bank meet windows on deposits and balance transactions to the general ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. . Additionally, it tracks the entire life cycle of each transaction to identify any bottlenecks, helping TCF better allocate resources and decrease processing time. "As a fast-growing institution, TCF needed a solution that would add workflow efficiencies, while maintaining a high-level of security," said Milton King, president of TWS. "IMAGECENTER enables large financial institutions to streamline transaction processing, minimize back office costs and reduce fraud exposure. This translates to significant cost savings and return on investment opportunities for financial institutions." IMAGECENTER communicates using extended markup language markup language Standard text-encoding system consisting of a set of symbols inserted in a text document to control its structure, formatting, or the relationship among its parts. The most widely used markup languages are SGML, HTML, and XML. or XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. , a Check 21 accepted format. With full imaging capabilities, it is designed to meet the current industry trend towards image-based ATMs. It supports all major ATM networks, branch and centralized check transports and teller window devices. Its open design gives financial institutions the ability to consolidate regional and central back office transaction processing onto a single platform. TCF is the latest of TWS' clients to select the IMAGECENTER suite of products, which is used by several of the nation's largest financial institutions including Key Bank, Bank One, National City and Charter One Bank. Additionally, several of the nation's largest credit unions, including Pentagon, Orange County Teachers, Wescom, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Municipal and VyStar, rely on the solution for transaction processing. About TWS Systems, Inc. Clearwater, Fla.-based TWS Systems, Inc. is a privately held financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company that is the first company to offer total deposit automation with image-based ATMs. TWS is the leading provider of transaction processing solutions and fraud prevention tools for the credit union industry, and is the leading provider of ATM and fraud management solutions for banks. For additional information about TWS Systems, Inc. call 800.247.1342 or visit www.twssystems.com. |
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