Trustmark National Bank Selects CONIX Systems' Fraud Detective

        Trustmark National Bank Selects CONIX Systems' Fraud Detective

PR Newswire

MANCHESTER, Vt., Feb. 28, 2013

MANCHESTER, Vt., Feb. 28, 2013 /PRNewswire/ -- CONIX Systems, Inc., a leading
international provider of payment processing solutions to the financial
services industry, is pleased to announce that Trustmark National Bank
(Trustmark) will add Fraud Detective®  to the bank's payment processing
operation. Fraud Detective helps banks and payment processors reduce both risk
and cost by improving the speed and accuracy of identifying payment fraud
across payment channels. Trustmark, with approximately 220 branch locations in
Alabama, Florida, Mississippi, Tennessee, and Texas, is a subsidiary of
Trustmark Corporation, a diversified financial services company with
approximately $11.5 billion in assets that provides banking, wealth
management, and insurance solutions.

Fraud Detective integrates Day 1 detection capabilities, proven fraud controls
and user-driven business rules for early identification and resolution of
fraudulent payments. The product also offers image analytics as an optional
feature for performing key validations that assist in identifying counterfeit,
forged, or altered documents.

"Trustmark has systematically implemented payment alternatives for the benefit
of its customer accounts while strengthening the bank's risk management
infrastructure," said Chris Payne, the Image Processing Manager at Trustmark
National Bank. "We are well-acquainted with CONIX Systems' risk management
products and support services, and have full confidence in its ability to
support our goals."

Fraud Detective applies user-defined fraud controls based on historical
transaction data to incoming payments to determine whether they are typical or
suspect transactions. Account activities that are indicators of kiting,
account takeover, and other fraudulent activities are detected and routed for
further decisioning. Fraud Detective shares the same infrastructure, including
the same database, as CONIX Systems' Dupe Detective^® product. Trustmark has
relied on Dupe Detective since 2010 to protect against duplicate payments
across its check and ACH operations, and with the addition of Fraud Detective,
can now realize the advantages this combination brings. These advantages
include the improved efficiency of a shared duplicate and fraud review
process, combined workflows, and lower maintenance and hardware costs.

"Payment processing is a core banking service for which Trustmark is committed
to providing vigilant monitoring and robust guardianship," said Payne. "Adding
Fraud Detective to the bank's payment environment is an important component of
our risk management strategy. We know from experience CONIX Systems stands
behind its products and we believe this partnership will continue to benefit
Trustmark well into the future."

"CONIX deeply appreciates the trust Trustmark has in our software and team,"
said CONIX's President and CEO, Mike Charles. "Our two organizations share a
vision for a more secure and robust payments environment that benefits
institutions, their account holders, and the banking industry."

"Trustmark Bank's selection of Fraud Detective bolsters its commitment to
reducing operating costs on its expanding deposit base, safeguarding its
payments operation, and delivering secure services and transactions to its
account holders," said CONIX Managing Director of Sales, Steve Fortson.

About CONIX Systems:
For over two decades, CONIX Systems, Inc. (http://www.CONIX.com) has been a
world leader in providing payment processing software and related services to
the financial services industry. CONIX has a reputation for driving innovation
with its products. CONIX Systems' Dupe Detective and Fraud Detective
enterprise solutions intercept and facilitate the Day 1 disposition of
disruptive and costly payment anomalies. These products work together
seamlessly to provide a common review of duplicate and fraud suspects. Fraud
Detective now provides expanded detection capabilities that facilitate both
the replacement of legacy mainframe solutions and the acceleration of many Day
2 fraud processes into a pre-posting environment.

Founded in 1992, the company is headquartered in Manchester, Vt. with offices
throughout the United States. For more information about CONIX Systems and its
products: call 877-332-1858 or sales@conix.com.

Trustmark National Bank is a subsidiary of Trustmark Corporation, a
diversified financial services company with approximately $11.5 billion in
assets. Trustmark provides banking, wealth management and insurance solutions
through its subsidiaries, including Trustmark National Bank, Trustmark
Investment Advisors, Inc., TRMK Risk Management, Inc., and Fisher Brown
Bottrell Insurance, Inc. With locations in Alabama, Florida, Mississippi,
Tennessee and Texas, Trustmark has over 3,100 associates working to achieve
outstanding customer satisfaction by understanding their customers' needs and
providing appropriate financial solutions.

This release was issued on behalf of the above organization by Send2Press(R),
a unit of Neotrope(R). http://www.Send2Press.com

SOURCE CONIX Systems, Inc.

Website: http://www.conix.com
Contact: Kerri S. Milam, DepthPR, +1-404-378-0850, Kerri@DepthPR.com
 
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