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Threshold Financial Technologies to deploy Postilion's Direct Connect solution
June 10, 2008
NORCROSS, Ga. — Postilion, a global provider of integrated solutions for payments and self-service banking and a division of S1 Corp., and Threshold Financial Technologies Inc., jointly announced today that Threshold has selected Postilion for direct connection to Canada's Inter-Member Network (IMN). Interac Association's IMN is a national payment network that allows Canadians to access their money through ATMs and point-of-sale terminals. This will be the first implementation of a Postilion switch connecting to the IMN, which will allow Threshold to participate in the network on behalf of its extensive credit union client base.
Threshold has used the Postilion Payment Switching and ATM Driving solution for eight years. The addition of the IMN direct connection further enhances Threshold's ability to provide financial services and emphasizes the performance, flexibility and scalability of Postilion's payments software. As an IMN Direct Connector, Threshold Financial has to meet rigorous certification requirements, due in part to the level of complexity and security required for Interac services.
"Our joint efforts with Postilion continue to elevate the level of systems availability and performance that we are able to provide to the Canadian financial services market," said Matthew McIver, president of Threshold. "We are truly taking our EFT services to new heights, which will enable our clients to benefit from an open architecture processing environment connected to the IMN. Additionally, Postilion affords a more economic solution than the options previously available to us."
The Postilion IMN solution, implemented on the IBM System p on AIX, will incorporate Postilion's active/active architecture to provide load balanced synchronized system continuity capabilities. The active/active architecture enables Threshold to share transaction loads across two systems, on a real-time basis, and provide its clients with an extremely high availability solution. Postilion's modular architecture also allows Threshold to add the IMN direct connection to its existing environment, without disruption to Threshold's current EFT services.
"Threshold and Postilion have worked together for almost a decade to achieve market leading solutions," said Pierre Naudé, senior vice president and general manager of Postilion Americas. "We are excited to deliver this next-generation solution with Threshold to lead the financial services industry in changing how premier EFT sites are architected."
Public CompaniesTransaction ProcessingBank SecurityNetworking / ConnectivityDebit / CreditNorth AmericaBank / Credit UnionBranch TransformationSoftwareSecurityInnovationPostilion
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