Trintech's ReconNET 7.3 Provides the Ability for Businesses to Measure, Manage and Reduce Security Risk, and Comply with the PCI Standard |
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Trintech, Inc.
15851 Dallas Pkwy.
Addison, TX, 75001
USA
Press release date: December 4, 2006
The Latest Version of Trintech's Flagship Product, ReconNET 7.3, Secures Credit Card Information and/or Personal Data Through Encryption
DALLAS and DUBLIN, Ireland, Dec. 4 -- Trintech Group Plc (NASDAQ:TTPA), a leading provider of financial software and technology services specializing in transaction verification, reconciliation management, process automation, and compliance, today announced the availability of ReconNET 7.3. The newest version of Trintech's reconciliation and account balancing application dramatically increases the security of credit card and/or personal data (e.g., Social Security number) through encryption, and provides the ability for businesses using ReconNET to pass the most stringent PCI audit.
Threats to credit card and other sensitive data come from sources inside and outside of a company's firewall. Almost daily, the news reveals the latest compromise of sensitive data. Consequently, various industry standards have been set in place, as well as government mandates, requiring businesses to protect electronic information. Trintech's ReconNET 7.3 provides multi-levels of security to protect sensitive data and gives administrators the ability to measure, manage and reduce security risk, and comply with the foremost industry standard -- the Payment Card Industry (PCI) Data Security Standard.
"For 20 years Trintech has focused on standards and industry concerns. We have observed industry trends, listened to the issues of over 400 customers, and evaluated the technology that enables our customers' organizations," said John Harte, General Manager for Trintech. "We understand what matters, what is required, and what works. With ReconNET 7.3, we're adding maximum value to our customers' organizations by ensuring the security of sensitive data in compliance with the industry PCI standard."
About Trintech Group
Trintech Group Plc (NASDAQ:TTPA) is a leading global provider of financial software and technology services specializing in transaction verification, reconciliation management, process automation and compliance for commercial, financial and healthcare markets. For over 20 years, Trintech has been providing comprehensive, industry-leading solutions to financial departments seeking greater insight into critical transaction processes. Trintech delivers a configurable, highly scalable platform that incorporates a company's unique business logic, enabling managers to obtain greater visibility and more efficiently manage business risk throughout the transaction lifecycle. Trintech's transaction management solutions include: ReconNET for high volume transaction reconciliation; AssureNET GL for general ledger reconciliation and certification; Treasure eNET for cash management; Bank Fee Analysis; and the DataFlow Transaction Network for data collection and delivery. Over 400 leading companies across a variety of industries rely on Trintech products and services. Clients include: North Fork Bank, 7-Eleven, Kroger, Regal Entertainment, Accor, UPMC, Farmer's Insurance Group, YUM! Brands Restaurants, Rohm and Haas, Verizon Wireless, and Ameren.
Trintech's principal business office is in Dallas, Texas, with international offices in Ireland, the United Kingdom and the Netherlands. Trintech can be reached at 15851 Dallas Parkway, Suite 900, Addison, TX 75001 (Tel 1.972.701.9802). Trintech's corporate office can be contacted at Trintech Technologies, Block C, Central Park, Leopardstown, Dublin 18, Ireland (Tel 353.1.293.9840). For more information, please visit www.trintech.com
Source: Trintech Group Plc
CONTACT: Donna Martinez Marketing Communications Manager Trintech +1-972-739-1611 donna.martinez@trintech.com
Web site: http://www.trintech.com/
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