GLASTONBURY, Conn. — Open Solutions Inc. has expanded its relationship with Consumer Network Services to provide electronic funds transfer products and services to its clients using The Complete Banking Solution and The Complete Credit Union Solution. Open Solutions provides integrated enabling technologies for financial services.
Open Solutions has been reselling CNS EFT services for more than 20 years. The new agreement partnership will introduce products and services that were not widely available to many Open Solutions in-house clients.
According to a news release, CNS EFT solution sets include ATM driving and monitoring, ATM and debit card transaction processing, and comprehensive ancillary services, including risk management, card production and consultative services. CNS processes more than 20 million EFT transactions per month for Open Solutions' clients.
"Open Solutions and CNS deliver an outstanding range of capabilities, services and operational options," said Tim Lenhoff, senior vice president of New Jersey-based Columbia Bank. "Together, the Open Solutions/CNS team gives us a service suite that enables us to effectively compete in the EFT services market. They have consistently proven themselves to be extremely reliable, flexible and willing to work collaboratively with us."
