Eiger Systems Release EigerPAY Gateway v1.1

Eiger Systems has released version 1.1 of EigerPAY Gateway, the companys BACS approved software solution for BACSTEL-IP. EigerPAY Gateway manages the entire process of creating, signing, authorising, transmitting and verifying BACSTEL-IP payment submissions.The new version builds upon the existing functionality of EigerPAY Gateway in a number of areas that enhance automation and security, including support for Hardware Security Modules (HSMs). These new features, coupled with the existing support for biometric finger-scan devices, enables EigerPAY Gateway version 1.1 to be securely configured to process payment files completely automatically or with a combination of automation and user intervention as required. One of the key features of BACSTEL-IP is native support for automation and unattended operation by using industry standard PKI technology and HSMs, not previously available with BACSTEL. EigerPAY Gateway was the first BACSTEL-IP solution to receive BACS approval for HSM and Bureau operation. In addition to the HSM capabilities of the product, version 1.1 has many further features to support automated processing. Automated tasks can be monitored and problems flagged by e-mail, reports can be retrieved and distributed automatically to users according to previously defined rules and automated processing can be combined with manual processing to provide greater flexibility. EigerPAY Gatewayability to support a combination of multiple HSMs and Smartcards not only meets the requirements of multi-banked users but accommodates the business continuity requirements of all BACSTEL-IP submitters.