NEW ORLEANS--NCR Corporation (NYSE:NCR) and ACI Worldwide (Nasdaq:TSAI) announced the scheduled deployment of an ATM solution based completely on the new interactive financial exchange (IFX) messaging standard for ATMs.
According to a news release, First National Bank of Omaha's (FNBO) upcoming deployment of IFX-based ATMs will represent a major industry transition to the next generation of applications, based upon the standard ratified by the Interactive Financial Exchange Forum earlier this year.
Traditionally, ATMs have utilized proprietary messaging protocols to authenticate and authorize transactions with the banks' or other ATM deployers' financial processing systems. The limitations of these proprietary protocols have restricted the functional capabilities of ATMs.
The non-proprietary and more powerful IFX replaces these legacy ATM transaction authorization protocols that are no longer capable of handling today's functionality. IFX allows the bank or ATM deployer to use the same software applications and supporting infrastructure across several channels. This increases efficiency and reduces software development cost, while enabling advanced ATM functions to be supported, such as personalization, image-based no-envelope deposit and additional banking transactions.
FNBO will deploy ATMs running NCR's APTRA Edge software, which enables an intelligent application to run on the ATM. The FNBO units will also utilize ACI's BASE24 transaction processing system, which supports IFX messaging.
"The IFX messaging standard is a key component of our strategic ATM renewal initiatives," said Scott McCormack, second vice president of First National Bank of Omaha. "Due to their leadership, selecting NCR and ACI was vital to the success of our IFX implementation."
Jim Piggot, general manager of software and services for NCR's global financial solutions division, said, "NCR strongly believes that IFX-based intelligent client/server ATM applications are the future of self-service. Our partnership with ACI is critical to making IFX a reality across the marketplace. We are very excited about the opportunity to deploy IFX at FNBO."
