Tuesday March 4, 2008 - Panama City, Panama
FoundationClub signed a deal today with major Canadian and US banking institutions which will allow the club to directly debit and credit member accounts via EFT and ACH. "Our members have expressed a strong desire to have a mechanism by which they can get quicker access to their account and the funds within. In keeping with our club's charter, we have responded to the members requests thus eliminating the ten to fifteen day waiting period previously associated with such transactions".
We anticipate that this agreement will greatly impact our member and fund base, and will represent a milestone in the club's evolution. Earlier this year, the club hit a new record when the 500th member was indoctrinated. FoundationClub is projected to have over 1,000 active members by the end of this year at which point, the club will have fulfilled it's charter mandate and will not accept any new membership requests.
FC (9)
12.33.
Monday June 25, 2007 - Panama City, Panama
FoundationClub announces launch of their new web-based platform for stakeholder tracking and timely statements for their members. After months of planning, extensive designwork and testing, the club formally launched it's much anticipated web presence.
At the launch party, FoundationClub stressed that security was a major focal point of the new product. "Security has been a job-one issue with our members, it has really been an area of focus". FoundationClub has optimized the performance and efficiency in all facets of the web portal. This should ensure the quality and reliability of services offered to our members. Increased efficiency and performance also translates into savings in management costs which means that our team can concentrate on club activities rather than clerical activities.
The club's secure web-based system allows our members access to reporting and investment tools. The club was able to beta test the product in a full production environment for two months prior to it's launch.
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