News

Okla. bank using Mosaic's Postilion for ATM, debit programs

June 16, 2004

DEERFIELD BEACH, Fla. - Oklahoma-based Central National Bank of Enid (CNB) has installed Mosaic Software's Postilion software to provide ATM driving, transaction switching and routing, as well as card management for a multi-bank network of ATMs/card issuers.

Mosaic Software's solution for CNB runs in a Windows environment with multiple interfaces to core banking systems, to the Pulse and Star networks and various other systems. In addition, Mosaic's Postilion system provides CNB with an open architecture that permits easy implementation of new products to be delivered through ATMs.

CNB uses the Postilion PostCard component of the system to provide debit card management and services for 25 issuers and more than 60 different card programs. PostCard also provides stand-in balance capability for one issuer and full authorization for the rest of the issuers, card production files in various formats for different card production companies and an interface to an in-house stored value card system.

Reporting as well as automated settlement and reconciliation for all 25 issuers, networks and interfaces is handled by the Postilion Office component of the system.