December 19 , 2006
Ten years ago, when San Antonio, Texas-based Frost Bank was looking for new technology to upgrade its record keeping and signature verification system, they turned to New Jersey-based SQN Banking Systems, a leading provider of fraud detection and process improvement products for the financial industry, and they have hardly talked to them since -- because there hasn't been a need to. "I can't remember the last time we talked to SQN about a problem," said Gloria Navarro, senior vice president, Deposit Services for Frost Bank.
Full Story... (pdf format)
August 21 , 2006
SQN Banking Systems and Parascript ® , LLC, the intelligent recognition technology provider, today announced the successful integration of a new image survivable security feature, SENTRY: Seal, into one of the top five financial institutions in the world. SENTRY: Seal is a robust fraud prevention product providing instantaneous check verification. The installation makes SQN one of the first vendors to validate U.S. Treasury checks outside the Federal Reserve. Full Story... (pdf format)
August 21 , 2006
SQN Banking Systems announces announced the successful integration of SENTRY: Signature at First Chicago Bank & Trust (formerly Labe Bank) in Chicago. SENTRY: Signature displays captured electronic signatures and photo IDs detecting fraud at the teller station. Labe Bank has $550 million in assets and some 14,000 customers. Full Story... (pdf format)
August 14 , 2006
SQN Banking Systems announces Center Bank has implemented three SQN products to assist in their fraud prevention efforts including signature verification, check fraud detection and centralized exception item processing. Full Story... (pdf format)
July 17 , 2006
SQN Banking Systems announces the integration of SENTRY: Signature at Southbridge Federal Credit Union in Massachussets. Full Story... (pdf format)
July 2006
SQN announced the successful completion of a pilot to read seal protected U.S. Treasury checks at a large financial institution. SENTRY: Seal TM is a robust fraud prevention product providing instantaneous check verification, which supports multiple vendors including Fiserv Secure Seal, the technology used on Treasury Checks to create image-survivable seals. Full Story... (MS Doc format)
May 25, 2006
SQN Banking Systems, a leading provider of integrated fraud detection and process improvement products for the financial industry, sadly announces the passing of its founder and former CEO, Joseph C. Uhland, Sr. Uhland, 80, of Cherry Hill, N.J., an engineer, inventor and businessman. He died of complications from Alzheimer's disease on May 17 at home. Full Story... (pdf format)
May 1, 2006
Huntington Federal Bank Incorporates SQN Technologies' Anti-Fraud Software -- New technology verifies signatures across bank branches. Full Story... (pdf format)
March 15 , 2006
FSTC's Pioneering Work Moves Closer to Eliminating Check Fraud in an Imaged Environment; Landmark Project Proposes Standards for Check Verification Between Financial Institutions Full Story... (pdf format)
February 27, 2006
SQN Banking Systems Teams with New York Bankers Association to Promote Fraud Detection Solutions Full Story... (pdf format)
January 18, 2006
Security Reigns in Credit Union Safe Deposit Zone: Getting Members in Quicker and More Secure is Goal Full Story... (pdf format)
November 15, 2005 SQN Banking Systems Integrates Identify Software's AppSight
Black Box Technology into Signature Verification Systems Full Story... (pdf format)
September 19, 2005 Bank Leumi identifies $84,000 Fraudulent Check with
SQN Banking Systems' SENTRY Solutions Full Story... (pdf format)
August 8, 2005 Guaranty Bank & Valley National Bank Thwart Check
Fraud with SQN Banking Systems' Online Signature Database Full Story... (pdf format)
July 25, 2005 Hawaii National Bank Fights Forgery with SQN Banking
Systems' Automated Signature Verification Solution Full Story... (pdf format)
January 21, 2004 SQN Banking Systems and CIC sign strategic licensing
agreement Full Story...
April 24, 2003 Hyland Software forms partnership with SQN Banking Systems
to focus on financial fraud detection Full Story...
January 13, 2003 SQN’s Partnership with Glory, Ltd. enhances SENTRY:
SigCheck™ Full Story...
September 20, 2002 SQN Banking Systems receives premier vendor endorsement
from New Jersey Bankers Association Service Corp Full Story...
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