News

Canadian CU outsources its ATM program to Threshold Electronics

May 6, 2002

TORONTO -- Threshold Electronics Limited has announced a five-year agreement with Ottawa-based Civil Service Co-operative Credit Society Limited (CS CO-OP) to supply financial transaction switching and ATM management services.

According to a news release, Threshold and its partner Moneris Solutions will provide transaction switching services for CS CO-OP's 147,000 strong membership -- including both issuer and acquirer traffic -- as well as driving and managing the institution's 107 ATMs.

According to the release, CS CO-OP soon plans to replace its ATMs with new Web-enabled NCR machines. Threshold is a reseller of NCR equipment.