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Betsy Didan Named Connecticut Woman of Innovation
Wins Small Business Innovation & Leadership Award


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.”

 



Betsy Didan won the Small Business Innovation and Leadership award at the 2012 Women of Innovation Gala.