FreedomWare Software Products was established in 1986 to provide custom software applications and computer training to local businesses. In 1987 FreedomWare was commissioned to create a banking application for a local bank. The application was to enable the bank's corporate customer to provide direct deposit payroll to its employees. It was this application that conceived our flagship product now know as PC-REACH.
FreedomWare currently provides banking software to approximately 200 financial institutions across the United States. We have installed sites in over 2500 locations.
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PC-REACH version 8.00 is now available for download. This revision includes many new features. Please update your copy to stay current. Refer to the changelog for more information.
The IAT Standard Entry Class code goes into effect September 20, 2009 and has new requirements imposed for both originators and receivers. The IAT format replaces the PBR and CBR Standard Entry Class codes. If you (or your customers) are using PC-ReACH to generate Cross Border payments you will need the new version and the IAT Module to continue sending cross border payments. Even if you are not Originating IAT transactions you likely will be receiving them. As an RDFI you are required to screen IAT transaction against the OFAC database. PC-ReACH V8.00 has included a module to allow OFAC screening of IAT transactions. Additionally, the OFAC screening has been expanded to include a "sensitivity" setting to look for variations on spelling of names. |
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Visual ChecQuick Update 3Q2010 |
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The 3rd Quarter 2010 Visual ChecQuick Updates are available for download to current subscribers. Please contact our office if you are having trouble downloading. |
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We are currently developing and testing some exciting new products and services. In addition, we are continually improving upon what has allowed us to remain a leader in the ACH software arena. Click here to watch a video presentation showcasing our lastest product enhancements, and to see what's on the horizon here at FreedomWare. (Quicktime required)
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