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qbts MultiPoint Used For Share Ones Acquirer Side of Shared Branching

Wednesday 22 September 2004 10:13 CET | News

qbt and Share One, have installed Share Ones shared branching acquirer platform at Southern Security Federal Credit Union.

Share Ones NewSolutions platform already uses MultiPoint EFT Processor to process the issuer side of shared branching with the CUSC Next Generation Network. The issuer side allows credit union members processed on the NewSolution platform to access any shared branching location participating in the CUSC network. With this release for the acquirer side, members from other credit unions can now access the teller lines at NewSolution credit unions. This project was implemented and managed by Share One, a Credit Union Service Organization (CUSO) that provides comprehensive data processing solutions to credit unions. The NewSolutions platform features Microsoft technology including SQL Server2000 and Windows from top to bottom. Share Ones teller platform communicates to the MultiPoint EFT Processor using XML. MultiPoint EFT Processor translates this XML data into the CUSC Next Generation Network ISO 8583 message format. This design allows Share One to support other shared branch network formats in the future without any additional changes to the teller platform. The NewSolution teller platform has the same look and feel regardless if the teller is servicing their own member or a member from another credit union, which reduces the cost of training and support for the credit union. Share One can now offer this new functionality to all of its credit union customers regardless if the credit union operates as an in-house solution or through the Share One data center in an ASP environment.


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