Elan Financial Services Introduces Turnkey ATM Solution

Thursday 30 September 2004 16:33 CET | News

Elan Financial Services has enhanced its ATM services to allow financial institutions to choose one of two options - a turnkey outsourcing plan in which Elan owns and maintains the ATM or a modified outsourcing plan in which the financial institution owns the ATM and contracts with Elan for certain services.

This outsourcing program reduces the burden that many small and mid-sized financial institutions face in replacing or upgrading their ATMs to comply with certain mandates such as Triple DES PIN encryption, Unique Encryption Key, and the Americans with Disabilities Act, while providing additional features at the ATM. Additionally, use of the latest technology opens the door for future enhancements such as check imaging support, interactive marketing and personalization. In addition to replacing or upgrading the ATMs, Elan will provide transaction processing services, as well as first and second line maintenance, ATM monitoring, cash and deposit management and a range of other functions that complete a full service support package. The Elan ATM Outsourcing program was developed in response to recent surveys that indicate many financial institutions have a growing preference to outsource all or a portion of their ATM program. The complexity of operations, looming deadlines for compliance with numerous regulations and the increased level of investment are factors contributing to this consideration. This turnkey ATM program from Elan offers the same support and services, such as complete client support and card management, web-based reporting and administration and the unique Service Guarantee that are provided with all Elan transaction management programs.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce


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