World
-Check technology allows
financial institutions to very efficiently screen their new and existing
customers for risk on a routine basis. Today, 17 of the
world's top 20 banks, and more than 180
regulatory and government agencies use
World-Check's global list of heightened-risk individuals and
organizations.carpartstechnologies.
skakels godsdiens
"
- Hagen Schaumkell, Director, WestLB AG Money Laundering
Prevention
* "We at Group Security for Deustche Telekom AG, Germany, have used
World-Check for the past 9 months.world-check. These areas are of
particular importance as the
aftermarket business is responsible for
48% of a dealerships profit from 12% of their overall revenue
.com
About Royal Tire
Royal Tire is Minnesota's largest privately-owned independent
retail
, wholesale and commercial tire dealer. Actual results may differ materially from those indicated
by
these forward-looking statements as a result of risks and
uncertainties impacting the Company's business
including increased
competition; the ability of the Company to expand its operations
through either
acquisitions or internal growth, to attract and retain
qualified professionals, and to expand commercial
relationships;
technological obsolescence; general economic conditions; and other
risks detailed
time to time in the Company's filings with the
Securities and Exchange Commission (SEC).streke kultuur
The
second
most profitable area is vehicle finance and insurance this area
contributes 35% of profits from 2
% of revenues.verhoudings nodig
The systems are used in more than
3,000 leading aftermarket outlets including the largest
tire and auto
service chains, warehouse distributors and independent installers. Cloud warehouse
, Royal Tire services
approximately 750 retail shops and automotive care centers.afrikaans skakels
samelewing suid
"
- Karim
Rajwani, Chief Anti-Money Laundering Officer, RBC Financial
Group
About World
-Check
World-Check assists institutions in mitigating reputational, financial and
compliance
risk by monitoring and correlating information on high-risk
entities. Recognized as an industry
pioneer,
World-Check has revolutionized and "standardized" global Know Your Customer
(KYC) and
Politically Exposed Person (PEP) screening. is the leading
provider of auto service, distribution
and e-commerce software systems
for the automotive aftermarket.verskeie debat
In addition, Royal Tire has gone
operational with
the ability to receive electronic hot shot and stock orders from Tire
One and
other independent tire and service outlets in its geographic
markets that are running the CarParts
VAST Point-of-Sale (POS)
system -- a market leading POS used in over 2000 multi-store tire and
service
outlets across the country.boek onderwerpen
This press release contains forward-looking statements
as defined
in the Private Securities Litigation Reform Act of 1995.siener webbladsye
We also
very much
appreciate that it is being constantly enhanced to meet the
changing markets needs."
- Bruno Van den Meerschaut, Chief MLRO, KBC Bank
* "World-Check is a key piece in
RBC's overall AML technology strategy
to help us identify heightened-risk customers.
"Applying this state-of-the-art technology will position us to
take our business to an entirely new
level," said Pat Duininck,
president of Royal Tire. Royal Tire
represents major companies such
as Bridgestone Firestone, Cooper,
Bandag, Michelin and Toyo and delivers tires to over 750 retail
outlets in the five states.samelewing godsdiens
Currently, 17 of the world's top 20 banks use World-Check intelligence
on
high-risk individuals and businesses. For additional information on CarParts
Technologies,
please visit the website at
www.geskiedenis deur
We are fully satisfied with the
security World-Check
gives us, and the benefit gained from using this
service. It is a helpful and easily adaptable
tool which aids us
greatly in gathering together important information from multiple
internet sources.
For more information, please visit https://www.
CarParts Technologies
' comprehensive and robust systems allow
companies to drive sales growth, operate more cost efficiently
,
accelerate inventory turns and maintain stronger relationships with
suppliers and trading partners
. Readers are
cautioned not to place undue reliance on these forward-looking
statements.ander webbladsye
World
-
Check risk-reduction intelligence, which provides comprehensive profiles of
high-risk and potential
high-risk persons and entities and those associated
with them, today serves as the de facto industry
standard.
Business Editors
NEW YORK + TUNBRIDGE WELLS, U. The company supplies a suite
of software
solutions and services that enable dealerships to run their businesses
more efficiently
whilst achieving considerable cost savings.godsdiens webbladsye
"This
latest deployment with Royal Tire strengthens our
presence and
commitment to the region and to the systems and services we provide
our customers
across the tire and service aftermarket.deur rensburg
"
- Frank Gottschalch, Deutsche Telekom AG
* "For certain parts of our business portfolio, World-Check is an
essential tool in
our KYC procedures.Auto Data Network's CarParts Technologies Subsidiary Announces Contract to Provide
Its Online Ordering System to Leading U.S. Tire Distributor and Dealer Netwo
boek verhoudings
We place great value on
the
service as well as its development since its original launch.com.webbladsye oor
Since releasing
World-Check Version 1."
- Steve Hancock, Group MLRO, Prudential
* "KBC uses
World-Check and is very satisfied with the security the
product gives us, and the benefit
gained from using this service. World-Check provides risk-reduction technology to 1,000
institutions
in more than 120 countries. "We've already seen the benefits to our Tire
One customers that have
implemented VAST and are now ordering through
OpenWebs directly to our warehouse over the internet
. Cloud, Minnesota, Royal Tire is a leader in
commercial and passenger/light truck tire sales and
service in the
Minnesota, Wisconsin, Iowa, North and South Dakota markets. The company estimates
that this
represents a $15 billion market for Software and Services specifically
for auto dealerships
. The
majority of the company's current solutions are focused on serving the
aftermarket and finance
areas of dealerships.webbladsye geskiedenis
"
- Brian Harte, Director, Group Head of Compliance and Regulatory
Affairs Barclays PLC
* "We are amazed to see how quickly World-Check has established
itself
as the KYC benchmark.
CarParts' OpenWebs(TM) e-commerce Server has been deployed
by
Royal Tire to enable Tire One dealers to purchase tires from its
warehouse distribution operations
using a business-to-business online
browser application. Royal Tire
provides a comprehensive marketing
program to some 270 tire and
service outlets who market under the Tire One brand.universiteite afrikaans
After Four
Years, World-Check Today Serves as De Facto Standard
for Structured Intelligence on
High-Risk Individuals
LONDON, World-Check, the leading provider of
structured intelligence
on known heightened-risk individuals and businesses,
today announced that it has reached a milestone
of 1,000 client institutions,
including government and regulatory agencies in more than 120 countries
. Royal Tire also provides comprehensive
tire services to over 500 truck fleets throughout the Midwest
. With 55 years in the
business, Royal Tire distributes products from industry leaders such
as
Bridgestone Firestone, Cooper, Toyo and Bandag, as well as Michelin
and Goodyear. Through its St
.allerlei webbladsye
"The Mid-West has become a hot-bed of online trading between
distributors like Royal Tire and
their Tire One and other customers,"
said Paul Van Den Berg, President of CarParts Technologies.
"
"This new platform addresses key business processes we identified
as necessary to improve, in
order to support our next five years of
growth," said Duininck. This
marketplace consists of approximately
78,000 dealers in North America
and 92,000 dealers in Europe.godsdiens kultuur
0 in January 2001, World-Check has
become
the leader in providing the world's financial institutions with Know
your Customer (KYC) and Politically
Exposed Person (PEP) intelligence. In Europe, 18 of the top 20 banks are
World-Check clients.deur verskeie
World
-Check Reaches 1 000 Clients With Risk-Reduction Intelligence
"World-Check has been a pioneer
in defining and understanding the concepts
surrounding KYC and PEP intelligence," said World-check
Founder David Leppan. "By improving our level of customer service,
increasing our wholesale services
efficiency, and by providing the
industry leading VAST POS system for our Tire One customers, we
believe we will be positioned to service our current customers better,
and continue our expansion
into other geographic markets. The
company's main customer base is the auto dealership marketplace
.
About CarParts Technologies
Established in 1997, CarParts Technologies, Inc.universiteite samelewing
"
Based
in St.siener allerlei
"
"Today, World-Check makes a very real impact in reducing our customers'
compliance
and client risk, and in helping regulatory and government agencies
enforce the law and freeze millions
of dollars in criminal assets," Leppan
said.
Among World-Check's satisfied customers are the
individuals listed below,
who have offered the following on their experiences with World-Check:
* "World-Check is by far the best source when it comes to customer due-
diligence
checks.K.onderwerpen verskeie
siener onderwerpen
"As a result, World-Check was ideally positioned when world events and
enhanced regulatory
requirements intensified the need for intelligence on
high-risk individuals and businesses. We certainly
couldn't be without it.----Auto Data Network Inc. (OTC Pink Sheets: ADNW), a provider of
software
and real-time data services to the worldwide automotive
industry today announced that Royal Tire
, Minnesota's largest
privately-held independent retail, wholesale and commercial tire
dealer,
and its Tire One network of over 250 independent tire dealers
in the upper Mid-West, have deployed
CarParts Technologies' VAST(TM)
POS and OpenWebs(TM) online ordering software. Our VAST POS is
fully
enabled for online trading and when combined with our electronic
e-commerce server capabilities provided
by OpenWebs overcomes the
limitations of "over-the-phone" customer service by providing a
"do
-it-yourself" option over the internet."
About Auto Data Network
Auto Data Network is a
group of established companies which
provide software products and services to the automotive industry
.
ander nodig
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