Since 1996 TYME has been focusing on its Year 2000 readiness to ensure that January 1, 2000 is simply just another uneventful day.
“We are on target – in fact, somewhat ahead of schedule – in the Y2K race,” said James H. Martin, Tyme Corporation president. “Our more than 3,000,000 cardholders should have no problem performing transactions at TYME machines as we ring in the year 2000. It should be business as usual come January 1, 2000.”
On December 8, 1998 TYME’s new Y2K compliant switch software was successfully installed. The software controls more than 15,000 ATMs and POS (point-of-sale) terminals and processes over 7,000,000 TYME transactions per month.
TYME will now focus its attention on testing the network’s endpoints, such as processors and interchanges with other networks, for Y2K readiness. When that is completed by June 1, 1999, Martin said “it will represent the culmination of three years worth of effort and the successful completion of TYME’s YEAR 2000 PREPAREDNESS PLAN.”
The switch software used by Tyme Corporation was developed by Deluxe Electronic Payment Systems of Glendale, Wisconsin and is operated by Brown Deer, Wisconsin- based M&I Data Services.
TYME is one of the largest regional networks in the country with more than 500 participating financial institutions operating ATM and POS terminals in Wisconsin, Michigan, Illinois and Minnesota.Details