Central National Bank of Enid (CNB) Implements Mosaic Softwares Postilion

Wednesday 16 June 2004 08:53 CET | News

Oklahoma-based Central National Bank of Enid (CNB) has installed Mosaics Postilion software to provide ATM driving, transaction switching and routing as well as card management for a multi-bank network of ATMs/card issuers.CNB, known in the marketplace as the "One Central Source for all your banking needs" and for having a modern approach to providing new products and services, has installed the Postilion system to handle all aspects of ATM transaction processing and debit card management. Mosaic Softwares solution for CNB runs in a familiar Windows environment with multiple interfaces to core banking systems, to the Pulse and Star networks and various other systems. In addition, Mosaics Postilion system provides CNB with a highly scalable and open architecture that permits easy implementation of new products to be delivered through the ATMs. The Postilion PostCard component of the system is used at CNB for debit card management and provides: - Complete services for 25 issuers and more than 60 different card programs. - Stand-in balance capability for 1 issuer and full authorization for the rest of the issuers. - Card production files in various formats for different card production companies. - An interface to an in-house stored value card system. - Detailed 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.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce