News Releases
To access the news releases related to Axcess Canada and it's global partners Axcess Americas and Axcess Consulting Pty Ltd., or the ARMnet Financial Product Management Solution we provide please download the enclosed news release articles from the web links defined below below.
For further information on Axcess Canada, the ARMnet Integrated Banking Software or to arrange a demonstration of the solution please contact us via email at armnetsales@axcesscanada.com or by telephone at 1-705-719-5660.
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Axcess Canada 2010 Announcements
Axcess Canada And Axcess Consulting Pty Ltd Announce Agreement With European Channel Partner BancTec, Broadening Our Support To EMEA
August 15, 2010 Colnbrook, Berkshire, United Kingdom: Axcess Canada together with its strategic partner in Australia, Axcess Consulting Pty Ltd are pleased to announce that BancTec Europe is now our European channel partner for the UK and EMEA.
With over 300 staff in 8 European offices, including a solid team of Business Analysts, they have been certified as our ARMnet support team in the UK, Europe, the Middle East and Northern Africa.
Axcess has granted BancTec the ability to white label ARMnet Integrated Financial Management Software under their industry leading eFIRST™ product group. BancTec’s pedigree in the lending and payment processing marketplace in Europe is second to none. They have been helping lenders transform their business through innovative technology and consolidation. ARMnet’s CRM based Financial Product Management Solutions will further enhance their ability to support the markets they serve.
Click Here For More Information on the BancTec Channel Partner Announcement.
Axcess Launches Microsoft® Silverlight® Web Portal With Enhanced Application Functionality For Canadian Mortgage Industry
August 4, 2010, Toronto, ON: Axcess Canada together with members of our global development team at Axcess Consulting Pty Ltd are pleased to announce that ARMnet Financial Software has launched our new Microsoft® Silverlight® web portal extension. The initial launch will focus on extending application functionality to the mortgage brokerage space so that underwriters within Financial Institutions will be able to communicate securely on a mortgage application and allow the mortgage broker to responf and upload condition requirements including support documents in real time. In the near future this will be expanded to other loan or wealth management products we support for our clients as well.
Microsoft® Silverlight® allows us to create and manage screens within the ARMnet thick client, save them and automatically push the updates to the Silverlight web framework thereby eliminating the need for an ASP.NET web interface. The controls and functionality we provide to the user in the browser based application mirror that of the desktop client. Further to that, deployment of upgrades or changes has never been easier.
For further information or a demonstration on how the ARMnet Integrated Financial Product Management Software can support your wealth management, loan or mortgage origination and servicing needs please contact us today at 1-705-719-5660 or online at armnetsales@axcesscanada.com.
Axcess Completes Latest CMHC and Genworth Financial Mortgage Insurance Interface Requirements Becoming The First Mortgage Origination Software Vendor In Canada To Achieve This.
July 18, 2010, Toronto, ON: Axcess Canada together with members of our global development team at Axcess Consulting Pty Ltd are pleased to announce that our ARMnet Financial Software has completed interfacing requirements for the latest Mortgage Insurance webservices interfaces with Canada Mortgage and Housing Corporation(CMHC) and Genworth Financial Canada.
ARMnet Financial Software is now the first mortgage origination software solution in Canada to be using the latest ingestion methodologies for applications received through Filogix, and Mortgage Insurance validation through CMHC and Genworth for our clients. This will dramatically automate the ingestion and response process insuring ARMnet clients will be industry leaders in client and broker response times. As a result our Service Oriented Architecture (SOA) is now an even more compelling software soluttion for Financial Institutions to consider than any other solution currently in the Canadian marketplace.
For further information or a demonstration on how the ARMnet Integrated Financial Product Management Software can support your loan or mortgage origination and servicing needs please contact us today at 1-705-719-5660 or online at armnetsales@axcesscanada.com.
Axcess Completes Latest Davis & Henderson® Filogix Expert Interface Requirements Becoming The First Mortgage Origination Software Vendor In Canada To Achieve This.
May 29, 2010, Toronto, ON: Axcess Canada together with members of our global development team at Axcess Consulting Pty Ltd are pleased to announce that our ARMnet Financial Software has completed interfacing requirements with the latest interface for Filogix Expert recently released January 2010. ARMnet Financial Software is now the first mortgage origination software solution in Canada to be using the latest ingestion methodologies for applications received through Filogix for our clients.
The changes to this interface substantially increased the volume and quality of data received by the financial institution on an application thereby improving their underwriting abilities on new mortgage deals. ARMnet has now automated the process of ingesting the mortgage data received from Filogix Expert, pulling and properly ingesting all data required from Equifax and/or Trans Union and pushing the data to CMHC or Genworth depending on the funder's requirements to obtain an Mortgage Insurance response. The underwriter is now presented with a complete application for approval insuring SLA agreements requirement exceed expectations in the processing of an application.
The improved ROI in mortgage origination that can be achieved by ARMnet Integrated Financial Software automating workflow capabilities will bring about the dawn of a new era in the Canadian mortgage origination marketplace. ARMnet Integrated Financial Product Management Software is clearly focussed on assisting institutions in reducing Mortgage Origination and Servicing costs and improving response times to meet the Service Oriented Architecture needs to todays mortgage clients.
For further information or a demonstration of the ARMnet Integrated Financial Product Management Software please contact us today at 1-705-719-5660 or online at armnetsales@axcesscanada.com.
Axcess Canada and Communiteq System Inc Launch "Money Buddy eTM" with Money Plus Financial at the Business Exchange Franchise Show
May 01, 2010, Toronto, ON:Axcess Canada together with Communiteq Systems Inc, will join our client Money Plus Financial in launching the Money Buddy eTM Teller Machine. This new state of the art electronic teller machine will
allow us to take ARMnet Financial Software and extend a variety of financial services and insurance related products and services to our clients previously not thought possible.
Exclusive to the Canadian marketplace these machines have the capability to do POS Debit and Credit Transactions. They can also issue Prepaid Phone, Long Distance Cards as well as issue and top up Prepaid MasterCard® cards. This would allow you to debit your bank account and fund a prepaid card in the same transaction.
All of these cards will be available on these machines in Canada and the United States and managed directly through interfacing with ARMnet Financial Product Management Solutions. The machiones can also issue dual currency on ATM withdrawls and purchases. So, machines placed in border communities between Canada and the US can provide clients with access to cahs or the ability to purchase products through the machines in both denominations.
With the advent of changes commencing in October 2010 to the ATM marketplace that will be introduced over the next 3 years due to the introduction of EMV Smart Chip Technology over 50% of the ATM machine technology in place in Canada will be deemed redundant. We believe by combining the technology we have developed in ARMnet Financial Software together with what Communiteq Systems Inc has created in the Money Buddy eTM Teller Machine will allow us to close the loop on financial product management and extend products to our clients previously not thought possible.
The Money Buddy eTM Teller Machines offer us the ability to tailor the products to the clients needs and customize the machine graphically to create the image desired. We also provide the ability through a second monitor above the machine to support advertising banner data above the machine. The end result is we optimize the revenue opportunities of the machine within the real estate it resides.
For further information or a demonstration on the Money Buddy eTM Teller Machine and the financial products we can manage within ARMnet Financial Software please contact us today at 1-705-719-5660 or online at armnetsales@axcesscanada.com.
Axcess Canada Joins Money Plus Financial, Canada's New Alternative Banking Provider at the Business Franchise & Investment Trade Show
April 28, 2001 - Toronto, ON: Axcess Canada together with Communiteq Systems Inc, will join our client Money Plus Financial, Canada's newest alternative banking institution at the Business Exchange Franchise & Investment Trade Show at the Queen Elizabeth Building, Canadian National Exhibition in Toronto, Ontario on May 1st and 2nd 2010.
Axcess Canada will demonstrate the capabilities of ARMnet Financial Software in managing the various origination and servicing requirements Money Plus Financial provides for it's clients. Together with Communiteq Systems Inc we will also show how we have extended that capability to our new eTM teller machines so that clients can apply for products either locally in their financial centres or remotely via eTM's in their franchise region.
As Canada's newest alternative banking provider Money Plus Financial supports a variety of financial products including:
- Payday Loans
- Cheque Cashing
- Electronic Bill Payment
- Currency Exchange
- Prepaid MasterCard Services
- Money Transfer Services
Stop by the Money Plus Financial booth to see how Canada's latest financial franchise opportuinity could benefit you.
Axcess Canada Integrates With Communiteq Systems Inc to Promote Their ETM Solutions To Our Clients
April 12, 2010, Kitchener Waterloo: Axcess Canada is pleased to announce that it has formed a strategic relationship with Communiteq Systems Inc to promote Communiteq’s eTM™ machines with their clients. Through the direct integration of ARMnet Financial Product Management Solution with SelectCore™ and Communiteq Systems Inc., these machines will be able to provide virtual access to Origination and Servicing Solutions for credit and insurance related products at the ATM level globally. This will allow us to extend the footprint of a bricks and mortar financial institutions like Credit Unions, Virtual Banks and Alternative Banking or Payday Loan Institutions in an unprecedented manner. No other ATM manufacturer offers this level of flexibility in Canada. As such this helps to significantly extend the Financial Product Management capabilities of ARMnet beyond that of any other financial platform in Canada or the United States.
Money Plus Financial Centre, Canada's newest Alternative Banking Instiutution will be introducing their custom branded eTM solution from Communiteq at the upcoming Franchise trade show May 1st and 2nd at the Queen Elizabeth Building, CNE, Toronto, ON. For further information on the Canadian Franchise trade show please go to www.moneyplusfinancial.com
Click Here For More Information on Communiteq Systems Inc.
Axcess Canada to Integrate With SelectCore For Prepaid Card Solutions
March 5, 2010, Toronto ON: Axcess Canada is pleased to announce that it is integrating with SelectCore (www.selectcore.com) to provide industry leading prepaid card solutions to Money Plus Financial Centre’s (www.moneyplusfinancial.com) across Canada.
ARMnet will manage the loading and set up of the cards for Money Plus Financial clients through real time integration with SelectCore’s backbone. Together we will support active card management for Canadian clients of Money Plus Financial as well as further expansion in the future into the United States. The program provided will include both a prepaid MasterCard® and Prepaid Phone Cards. Click Here For More Information
Axcess Canada Announces Agreement With Canada's Newest National Banking Alternative Institution, Money Plus Financial
February 25, 2010, Markham ON: Axcess Canada is pleased to announce we have commenced a full scoping review to implement ARMnet Financial Product Management Software in a new national alternative banking institution being launched here in Canada under the registered brand name of the Money Plus Financial Centre® (www.moneyplusfinancial.com). Over the next 16 months 100 new locations will be launched across Canada providing Canadians with a solid alternative to traditional financial institutions for a variety of services including:
- Payday Loans or Cash Advances
- Cheque Cashing
- Currency Exchange
- Money Transfer Services
- Prepaid Card Services
- Electronic Bill Payment Services
Click Here For More Information
Standard & Poor's Rates AMAL Asset Management
Jan 07, 2010, Sydney Australia: AMAL Asset Management (www.amal.com.au), a key Business Process Outsourcing client of Axcess has recently conducted an audit of its internal policy and procedures utilizing the services of Ernst & Young. Part of this audit was also a complete review of their Axcess Relationship Management (ARMnet) solution its security and control methodology within the system in servicing loan products and also managing documents associated with these loans from within ARMnet Financial Software.
After conducting the review Standard and Poor’s Ratings Services (S&P) has affirmed its
ABOVE AVERAGE servicer rating of AMAL Asset Management Limited (AMAL).
Click Here For More Information
Axcess Canada To Launch Creditor Insurance Products Developed By Reinsurance Management Associates
January 04, 2010 Toronto, Ontario: Axcess Canada is pleased to announce a strategic marketing partnership with Reinsurance Management Associates (RMA) (www.rmacan.com), one of Canada’s leading creditor insurance product design and administration firms and RTM Benefit Partners a consulting firm specializing in business development in the Creditor Insurance and Life & Health Insurance space.
RMA specializes in portfolio management of creditor insurance policies. They offer administration, marketing and actuarial services, with expertise in a variety of risk classes, including life, disability, critical illness and unemployment benefits covering mortgage and automobile loans.
Together with their underwriters and the team at Axcess Canada, our focus in creating this partnership is to bring sound creditor product solutions to the financial marketplace that is easily adjudicated in the ARMnet system and require minimal underwriting to gain approval, policy generation and manage billing and commission payment.
The following products are being offered and accessible through this program:
- Creditor Life Insurance
- Creditor Disability Insurance
- Creditor Critical Illness
- Involuntary Unemployment Insurance
Click Here For More Information
Axcess 2009 Announcements
Axcess Canada Forms a Strategic Alliance with Perception Web Development
November 23, 2009, Toronto, Ontario: Axcess Canada is pleased to announce we have formed a strategic alliance with Perception Web Development. Perception has significant experience in web development for over 50 Credit Unions in Canada. Their existing solutions provide a solid platform for Credit union members to be able to access and update existing member information and apply for new products. By integrating the web based portal solutions of Perception with the ARMnet CRM-LOS provided by Axcess Canada, together we can now provide members with a truly integrated solution for managing core member information data (CIF) as well as originating lending products including mortgages, personal loans, lines of credit in a truly seamless manner that insures the members of a Credit Union get the most responsive timelines to their needs in the industry. Click Here For More Information
ARMnet Financial Product Management Global Image Launch for Windows 7 Operating System
July 5, 2009, Toronto, Ontario: Axcess Canada (www.axcesscanada.com) is pleased to announce the release of the newest version of our software solution developed on the latest Microsoft .NET framework. It is also completely enabled to run and be compatible with Windows 7, Microsoft's newest operating system.
In launching this new and improved version we have changed the name of our solution to ARMNET Integrated Financial Management Software. The ARMNET name comes from combining the original ARM product name which is short for "Axcess Relationship Manager", with the power of the Microsoft's .NET framework to form the product name ARMNET. The solution provides users with an unparalleled customer relationship management experience on the latest software technology solutions. Click Here For More Information
MoneyIQ Canada Announces Launch of National Cash and Cash Nation Payday Loan Providers
June 22, 2009 Stratford, Ontario: MoneyIQ Canada (www.moneyiq.ca) together with the support of their strategic partners Axcess Canada (www.axcesscanada.com), Horn IT (www.horn-it.com) and Silver Barrel Solutions (www.silverbarrel.com) are pleased to announce the launch of two additional Internet based Payday Loan clients:
With the recent legislative changes in different provincial jurisdictions across Canada with respect to tighter Payday Loan regulations on fees and services provided in this industry it became even more important to be working with a solution that has the ability to respond to changes quickly. Using ARMnet, MoneyIQ has created a solid structure to meet these rigorous compliance requirements and insure its current and future clients are able to adapt to these changes easily. Click Here For More Information
Axcess 2008 Announcements
Axcess Canada Announces MoneyIQ Canada Official Web Launch
October 6, 2008 Stratford, Ontario: Axcess Canada (www.axcesscanada.com) and Encotech Corporation Ltd. (2087397 Ontario Inc.) are pleased to announce the launch of the new web site component of MoneyIQ, Canada's newest and most flexible Business Process Outsourcing solution provider. The site can be viewed at http://www.moneyiq.ca. Money IQ will provide product and service support to firms who provide:
- Equipment, “Yellow Iron” or Vehicle Financing or Leasing Firms
- Dealer Financing Institutions
- White Label Business Process Outsourcing (BPO) Firms
- Residential or Commercial Mortgage Origination and Servicing Firms
- Payday Lending Firms
Click Here For More Information
Axcess Canada Strategic Partnership Announcement with Silver Barrel Solutions
September 17, 2008 Victoria, British Columbia: Axcess Canada is pleased to announce a strategic partnership with Silver Barrel Solutions (www.silverbarrel.com), a graphic design and web development firm based in Victoria, BC. Silver Barrel's capability to produce world class print and web design that is truly innovative for a large number of Canadian companies was a key driver in their selection. Click Here For More Information
Axcess Canada Strategic Partnership Announcement with KinEssor
September 8, 2008 Montreal, Quebec: In striving to guarantee proper support of our implementation methodology, and insure Axcess Canada is completely scalable with respect to any current or potential future client project requirements corporately we began searching for a strategic partner with Business Analyst expertise in the Canadian and global financial sectors in both banking and insurance spaces. Click Here For More Information
Axcess Canada Announces Licencing Agreement with Money IQ Business Process Outsourcing Firm
June 25, 2008 Stratford, Ontario: Axcess Canada is pleased to announce the signing of a new contract with Encotech Corporation Ltd. (2087397 Ontario Inc.), of Stratford, Ontario to implement its ARMnet Integrated Financial Product
Management Solution. Encotech is the parent of a new lending origination and
servicing platform about to be launched here in Canada under the brand name of
MoneyIQ. MoneyIQ will be offering a state of the art loan and mortgage administration and servicing platform to administrators and private investors looking to have their mortgage portfolios properly serviced according to the new guidelines brought down by the Financial Services Commission of Ontario (FSCO) effective July 1, 2008. Further information in respect to the changes in legislation for Mortgage Administrators in the province of Ontario can be found at http://www.fin.gov.on.ca/english/consultations/mortgagebrokers/MBLAA2008.html. Click Here For More Information
Dynamic Card Solutions – ARMnet Interface Announcement
February 1, 2008, Toronto, Ontario: Axcess Canada is pleased to announce it has finalized interfacing with Dynamic Card Solutions, a company specializing in instant issuance and PIN selection solutions for Banks, Credit Unions, Trust Companies and other retailers. Dynamic Card Solutions is the leading instant issuance provider for Visa® and MasterCard® credit cards as well as ATM debit cards. Click Here For More Information
Axcess 2007 Announcements
AXCESS CANADA – CANADIAN LAUNCH OF ARMNET FINANCIAL PRODUCT MANAGEMENT SOLUTION
September 25, 2007, Toronto, Ontario: Axcess Americas, (www.axcessamericas.com) together with their Canadian partner Axcess Canada (www.axcesscanada.com) are pleased to announce their official launch here to support the Canadian customer base nationally. Click Here For More Information
Efficient Loan Origination & Integrated Financial Product Management Solutions for the Canadian Banking & Financial Services Sectors.