DUNEDIN, Fla. – TWS Systems, Inc., an ATM management/transaction processing solutions provider, has partnered with Primary Payment Systems (PPS), to add its DEPOSIT CHEK service to TWS’ ALERT MANAGER product group. This marks the companies’ first major strategic venture. ALERT MANAGER allows credit unions to customize their own fraud prevention criteria. The system reviews every financial transaction within an institution and sends an alert whenever any of the pre-set fraud prevention criteria is met. With the addition of DEPOSIT CHEK, credit unions will also receive notification of checks that have a high-probability of returning. As part of the agreement, TWS’ clients will now have access to national shared databases, which contain the most current and accurate status information on draftable accounts from across the country. TWS Chairman Terry W. Stapleton believes the partnership will help change credit unions’ approach to fighting fraud. “We want the credit unions to let us focus on the fraud, using ALERT MANAGER and the PPS fraud detection network, while they focus on providing good, quality service to their members,” said Stapleton “We want to build an impenetrable wall between our clients and the fraud culture. Adding this piece is a critical step in that process.” TWS plans to integrate the two systems immediately.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.