STRATEGIC PARTNERS
June 24, 2002
DEERFIELD BEACH, Fla. -- Mosaic Software has reached a deal with Honda Federal Credit Union to provide the company's Postilion software for Honda's in-house ATM driving, transaction switching, and network routing.
Terms of the agreement were not released. Torrance, Calif.-based Honda Federal Credit Union currently operates six branches for its 38,000 members and has more than $275 million in assets.
Honda's Postilion system will interface to a Symitar host system for transaction processing; foreign transactions will be routed to the CO-OP Network. The credit union will operate Postilion on a Stratus ftServer 3200 series system.
"We don't offer cash in our branches, so our ATM network is fundamental to providing excellent member service," James Updike, Honda Federal Credit Union president and chief executive officer, said in a news release. "As a result, our ATM network is growing fast, and we need systems that will support the continued development of that network and its capabilities."
