FOLSOM, CA / ACCESSWIRE / August 20, 2014 / MyECheck, Inc. (OTC Pink: MYEC) (PINKSHEET: MYEC), the leader in electronic checks for mobile payments, today announced that it has partnered with Giact Systems, a provider of advanced fraud control systems and electronic check solutions.
Under the agreements, MyECheck will add Giact’s industry leading fraud prevention system to MyECheck’s suite of fraud prevention tools. The Giact fraud detection and prevention system will be used in conjunction with, and to enhance MyECheck’s secure payment platform.
Additionally, Giact will integrate MyECheck’s electronic check service, and MyECheck will process Giact’s customers electronic check transactions using MyECheck’s patented process of clearing electronic checks faster, safer and at lower cost.
About Giact: Giact Systems is a privately held company founded in 2004 by a team of experienced business and technology leaders. Giact has become a leader in providing essential information, which helps customers across all industries assess and manage risk. Giact’s secure, easy-to-use services provide companies the ability to accept payments with confidence. For more information, visit www.giact.com.
MyECheck Inc. is a leading electronic payment technology developer and payment services provider. MyECheck operates under license to US Patent 7,389,913, "Method and Apparatus for Online Check Processing" granted June 2008. The new patented payment method is the fastest, most secure and most cost effective method of processing payments in the US, and it works with the most people, businesses and entities. MyECheck provides comprehensive payment systems for all payment applications including mobile payments and the industry’s most advanced security and fraud control technologies. MyECheck customers include corporations, retailers, governments, payment processors and financial institutions.
Please visit www.myecheck.com
Forward-looking statements in this release are made pursuant to "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of mentioned products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in reports filed with the SEC.
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SOURCE: MyECheck Inc
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