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Avon, Conn., March 2, 2012 – Nearly 600 attendees packed the Aqua Turf’s ‘Glass Room’ on March 1 to meet Connecticut’s most innovative women and discover who among the 53 finalists would win the 8 top prizes. The finalists hailed from the state’s most prestigious workplaces – Pfizer, Travelers, United Technologies and Yale.
From this crowded field, COCC’s Betsy Didan, Vice President – Document Processing, won the Small Business Innovation & Leadership Award.
Ms. Didan’s award recognizes her involvement in the development, promotion and support of innovative technologies that have reduced paper and increased the speed and security of payments for community bank customers and credit union members throughout the Northeastern US.
The awards program, sponsored by the Connecticut
Technology Council, recognizes women in the
workforce who are innovators, role models and
leaders in the technology, science and
engineering fields.
“Many of Connecticut’s most extraordinary and
talented women working in technology
participated in this program,” said Matthew
Nemerson, president and CEO of the Connecticut
Technology Council. “This awards gala allows us
to spotlight these exceptional innovators and
leaders, while also introducing them to a
professional network of equally accomplished
peers.”
Ms. Didan developed her paperless payments
system to adapt to fundamental changes in the
nation’s check processing regulations. She drew
upon her 34 years of payment processing
experience to construct a leading edge solution
that bankers could readily accept, and quickly
made COCC the pre-eminent check image processor
in New England. Her system eliminated paper
check processing for 140 financial institutions,
saving thousands of gallons of fuel previously
used to transport physical checks from the
depositing bank to the Federal Reserve to the
paying bank. Betsy’s electronic payment
processes also accelerated check processing and
verification, reducing opportunities for fraud.
“I am deeply honored to be recognized by this
outstanding group of talented, motivated women,”
said Ms. Didan. “My accomplishments reflect the
leadership of COCC as both a technology
innovator and an equally innovative service
organization. Our teamwork enabled me to bring a
vision of greater productivity and
sustainability to reality at banking
institutions throughout our region. My
colleagues deserve this award as much, if not
more, than I do.”
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Betsy Didan won the Small Business
Innovation and Leadership award at the 2012
Women of Innovation Gala.
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