SCOTTSDALE, Ariz. -- NYCE Corporation has agreed to be a "showcase" customer for eFunds' DataNavigator software, as part of a multiyear contract that eFunds finalized with NYCE in the first quarter of 2001.
NYCE's installation of DataNavigator is planned in several stages throughout this year and the next. NYCE plans to use the software first for transaction research, and eventually for automated funds movement and exceptions management.
According to an eFunds press release, DataNavigator helps financial services companies, retailers, processors and networks manage their volume of electronic funds transfer transactions coming from ATMs, point-of-sale devices and Internet transactions.
With DataNavigator, EFT information can be accessed via the Internet from a personal According to eFunds, the four major features of DataNavigator are: providing a single online access point to all transaction details on any EFT platform; replacing batch processing with continuous settlement; streamlining report production by providing 24-hour access to computer. For example, users can research and resolve problems at a specific ATM, monitor cash, manage vendors and provide customer service online.
transaction information and allowing the user to create reports based on specific criteria; and simplifying exceptions management with online and near real-time access to data.
