STRATEGIC PARTNERS
March 6, 2002
HOUSTON -- The PULSE EFT Association has completed testing and installation of a new internal security system which is intended to provide a greater level of protection for account information when consumers use their debit cards at ATMs or POS terminals.
According to PULSE, the new Atalla A10,000 hardware encryption devices also should increase the speed at which account information is authenticated and transactions are processed.
The transition to the new equipment occurred during the early morning hours of Sept. 17, when network activity was minimal. Following activation, the new hardware passed verification in accordance with a conversion plan that has been in development since early this year. After the network verified that processing and recovery functions worked correctly, the conversion was completed.
PULSE has more than 2,000 financial institution members and links an estimated 45 million cardholders with more than 46,000 ATMs and 254,000 POS terminals throughout the U.S.
