FOR IMMEDIATE RELEASE
The Fastcheck Network, the fastest growing check verification
network, jumps to a #2 rank in merchant outlet locations
and #7 in volume in its third year of reporting, according to a
Nilson Report Study.
Greeley, Colorado May 21, 2009
Cyclone Software today announces the results of a study according to the Nilson report based on Check Verification Survey for 2008 (Issue #925). This year, The Fastcheck Network is ranked #7 in the United States with its national check database and #2 in the number of outlets (locations) nationwide. Cyclone Software continues to develop significant enhancements to the nation’s most popular and fastest growing check verification service The Fastcheck Network, featuring online and dial-up check verification services. Subscribers to the service offer clients (merchants) access to check verification for a wholesale transaction fee.
The Fastcheck Network, a privately labeled service offered by Cyclone Software to agencies and financial institutions has become the nations most popular verification service nationwide, with over 500 new check verification merchants locations added per week.
Cyclone software ignited the check verification revolution within the collection agency market in the 1980’s with the Fastcheck and Wincheck products into the mid 1990’s. Today, Cyclone continues to lead the industry in innovation with its check verification with its Fastcheck Network service and collection software applications.
Press Contacts:
Brent Smith
Cyclone Software
970-353-4555
brent@cyclonesoft.com
-------------------------------------------------
FOR IMMEDIATE RELEASE
The Fastcheck Network, the fastest growing check verification
network, jumps to a #2 rank in merchant outlet locations
and #9 in volume in its second year of reporting, according to a
Nilson Report Study.
Greeley, Colorado September 15, 2008
Cyclone Software today announces the results of a study according to the Nilson report based on Check Verification Survey for 2007 (Issue #910). The Fastcheck Network is ranked #9 in the United States with its national check database and #2 in the number of outlets (locations) nationwide. Cyclone Software continues to develop significant enhancements to the nation’s most popular and fastest growing check verification service The Fastcheck Network, featuring online and dial-up check verification services. Subscribers to the service offer clients (merchants) access to check verification for a wholesale transaction fee.
The Fastcheck Network, a privately labeled service offered by Cyclone Software to agencies and financial institutions has become the nations most popular verification service nationwide, with over 500 new check verification merchants locations added per week.
Cyclone software ignited the check verification revolution within the collection agency market in the 1980’s with the Fastcheck and Wincheck products into the mid 1990’s. Today, Cyclone continues to lead the industry in innovation with its check verification with its Fastcheck Network service and collection software applications.
Press Contacts:
Brent Smith
Cyclone Software
970-353-4555
brent@cyclonesoft.com
Contact:
Brent Smith
Cyclone Software
Office: 970-353-4555
brent@cyclonesoft.com
Pete Schuddekopf
Hypercom Corporation
602.504.5383
pschuddekopf@hypercom.com
Cyclone
Software Selects Hypercom’s Transaction Transport
Service for ‘Fastcheck’ Check Verification and
Conversion Network
GREELEY, CO May 16, 2007 – Cyclone
Software announced today that it has selected Hypercom
Corporation’s (NYSE: HYC) transaction transport service
to extend Cyclone’s nationwide ‘Fastcheck’ check
verification and check conversion network to merchants
using dial-up communications. Cyclone maintains one of
the fastest growing databases of bad check writers
nationwide.
“With Hypercom’s high security
transaction transport technology, we can extend our
services to the hundreds of thousands of U.S. merchants
still relying on dial-up communications,” said Cyclone
Software President Mick Phillips. “Those merchants can
now quickly route checks presented for payment to our
verification centers via a simple software download and
toll-free telecommunications.”
“Cyclone Software’s
selection of Hypercom is an endorsement of our value
proposition, and another clear indicator of market
demand for an alternative supplier of dial and IP
transaction services,” said John Andrews, Senior Vice
President, Hypercom Global Customer Service. “Simply
put, Hypercom’s transaction transport capability offers
a combination of performance, price, service and
know-how that can’t be beat.”
Cyclone
Software’s Fastcheck Network is a privately labeled
service offered to collection agencies that has become
the nations most popular verification service
nationwide, with over 500 new check verification
merchants locations added per week.
Hypercom’s
transaction transport service moved more than 1.6
billion transactions worldwide in 2006, representing a
15% increase globally over 2005. The service is powered
by robust, ultra high-density MegaNAC® Network Access
Controllers (NACs) strategically positioned within the
North American Public Switching Telephone Network
(PSTN) and at processor data centers. Hypercom’s
transaction transport service supports all POS terminal
protocols at any modem speed up to V.92 and provides
uninterrupted service with no single point of failure,
seamless load balancing, state-of-the-art Web-based
reporting, and simple all-inclusive pricing.
About
Hypercom (www.hypercom.com)
Global
payment technology leader Hypercom Corporation delivers
a full suite of high security, end-to-end electronic
payment products and services. The company’s solutions
address the high security electronic transaction needs
of banks and other financial institutions, processors,
large scale retailers, smaller merchants, quick service
restaurants, and users in the transportation,
healthcare, prepaid, unattended and many other markets.
Hypercom solutions enable businesses in more than 100
countries to securely expand their revenues and
profits.
About
Cyclone Software
Cyclone
Software, since 1978, provides proprietary account
receivable software, collection software, and The
Fastcheck Network IP based check verification service
for the collection, financial and check industry.
Cyclone’s products are marketed to over 100,000
locations nationwide through various sales channels of
customers including collection agencies, independent
sales offices and banks. For more information, please
visit the Web site at www.fastchecknetwork.com
or contact
Brent Smith 970-353-4555. Hypercom is a registered
trademark of Hypercom Corporation. All other products
or services mentioned in this document are trademarks,
service markets, registered trademarks or registered
service marks of their respective owners.
April 21,
2007 (Bozeman, MT) Cyclone Software announced today
that it has partnered with paymentAccess to offer a new
check verification solution (using Cyclone software’s
Fastcheck Network) for merchants taking telephone
orders and/or offering delivery services.
The
solution allows a merchant to enter a customer's
telephone number into paymentAccess and immediately
verify the customer's check writing history and
pre-authorize payment. Then, paymentAccess
automatically accepts the check or credit card payment,
eliminating the need for a delivery person to collect
payment at the time of delivery.
"Utilizing the
Fastcheck Network, the paymentAccess on-demand payment
operating system provides merchants the ability to
authorize all checks, on a single platform, by
telephone number, drivers license, state
identification, check MICR information, regardless of
bank or processor," says Mick Phillips, president of
Cyclone Software. "This means that merchants in the
service and delivery arena, such as pizza delivery
companies, can preauthorize checks and collect payments
before they deliver, which boosts the speed and safety
of delivery," he adds, explaining this solution helps
eliminate additional risks associated for merchants in
accepting checks as a form or payment.
paymentAccess
is an on-demand payment operating system that collects,
manages and moves money for businesses. Ideal for
collection agencies, CPAs and all recurring billers,
paymentAccess integrates seamlessly with any software,
and connects to any bank or processor. Private-labeled
for a user within 24 hours, and accompanied by complete
marketing support, paymentAccess is a turnkey payment
solution for any company seeking a new point of
difference in a confusing time for checks and
collections.
"We applaud Cyclone’s ability to quickly
understand and capitalize on the many benefits we
offer," says Steve Roderick, Founder and President of
paymentAccess, adding, "We are confident that our
product will very quickly return numerous benefits to
Fastcheck Network customers and its merchants."
About
Cyclone Software;
Cyclone
Software, since 1978, provides proprietary account
receivable software, collection software, and The
Fastcheck Network IP based check verification service
for the collection, financial and check industry.
Cyclone’s products are marketed to over 100,000
locations nationwide through various sales channels and
customers including collection agencies, independent
sales offices and banks. For more information, please
visit the Web site at www.fastchecknetwork.com or
contact Brent Smith 970-353-4555.
For more
information, contact David Durick of paymentAccess at
603.889.7309 or Brent Smith of Cyclone Software at
970-353-4555.
FOR IMMEDIATE RELEASE
Greeley,
Colorado October 1st, 2006
Cyclone
Software today announced a new Point of Sale terminal
support program for collection agency customers, the
most significant service enhancement to the nation’s
most popular and fastest growing check verification
service The Fastcheck Network, featuring online and
dial-up check verification and check conversion
services. This support program delivers live telephone
support for merchants that utilize hardware and check
verification software on a daily basis for pennies a
day.
“Cyclone Software is able to extend, to agencies
performing check verification, a support department
with professional terminal support services leveraging
over twenty years of unparalleled knowledge and
experience in the verification industry” says Mick
Phillips, CEO of Cyclone Software. “We are unaware of
any other organization that has the experience and
staff to not only service clients using the Fastcheck
Network, but other check verification and credit card
processors as well.”
“This service guides merchants
through every aspect of Point of Sale troubleshooting,
and training. When needed, Cyclone delivers
pre-programmed replacement equipment to exact
specifications and standards as if our customer were
performing and onsite installation. We feel this will
save our customer time and labor in which they can
focus more on collections.”
“We has consistently
demonstrated that we have our finger on the pulse of
today’s check verification industry with The FastCheck
Network, from processing verification transactions,
ease of use, and end to end support for our customers.
“
The Fastcheck Network, a privately labeled service
offered to collection agencies has become the nations
most popular verification service nationwide, with over
500 new check verification merchants locations added
per week.
Cyclone software ignited the check
verification revolution within the collection agency
market in the 1980’s with the Fastcheck and Wincheck
products in the 90’s. Today, Cyclone continues to lead
the industry in innovation with its check verification
and collection software services and applications.
Press Contacts:
Brent Smith
Cyclone Software
970-353-4555
brent@cyclonesoft.com