Applied Communications, Inc. , a subsidiary of Transaction Systems Architects, Inc., announces the licensing of an integrated suite of BASE24 software and CO-ach high-volume payments processing software to Bank Gospodarki Zywnosciowej Spolka Akcyjna , the third largest bank in Poland. BGZ SA will use BASE24-atm, BASE24-pos and BASE24 Remote Banking products operating on a Tandem NonStop computer server to integrate and upgrade its retail banking services. BGZ SA also will use ACI’s CO-ach multi-institution payment clearing and settlement system to automate clearing, settlement and distribution of electronic debit and credit transactions for its more than 1,200 branches and affiliate members.
“Our customers want the same anywhere-anytime financial services enjoyed by bank customers around the world,” said Adam Kapica, managing director of BGZ SA’s Development and Strategy Office. “In response to our customers’ needs, we initiated ‘Automation of the Bank’ — a project designed to automate and upgrade our processing capabilities. BASE24 and CO-ach will help us modernize our operation with a proven system that delivers around the clock availability and reliability.”
Migration to the integrated BASE24 platform offers BGZ SA the ability to consolidate retail delivery processing while increasing performance. BASE24’s scaleable, modular design enables the bank to integrate its current ATM and POS processing onto a single platform — and add Remote Banking services– while handling ever-increasing transaction volumes. The BASE24 applications chosen by BGZ SA share the same customer account information and communication links to third-party networks, giving the bank the ability to offer its customers consistent account information from a variety of access points. The BASE24 system also gives BGZ SA the flexibility to add emerging technologies like smart cards and Internet banking to its processing platform as needed.
BGZ SA will use CO-ach to establish a clearing center that provides online, automated clearing and settlement for its branches and corporate banking customers. CO-ach gives BGZ SA the ability to process, track, settle and clear demanding transaction volumes under the control of a highly sophisticated risk management function.
“BGZ SA joins more than 600 financial institutions, processors, switches and retailers around the world using ACI solutions to meet never-ending demand for convenient, around-the-clock financial services,” said Tom Boje, managing director of ACI’s Europe, Middle East and Africa Operation, based in the United Kingdom. “Whether the need is to process EFT transactions from retail banking or corporate banking sources, our customers enjoy high performance, availability and reliability every minute of every day.”
Applied Communications, Inc. is a subsidiary of Transaction Systems Architects, Inc. (Nasdaq TSAI). Transaction Systems’ software facilitates electronic payments and electronic commerce by providing consumers and companies access to their money. The company’s products are used to process transactions involving credit cards, debit cards, smart cards, home banking services, checks, wire transfers and automated clearing and settlement. Its solutions are used on more than 2,800 product systems in 69 countries on six continents. Visit TSA and ACI on the World Wide Web at .Details