ACI Worldwide Adds First Customer in Kazakhstan.OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--Oct. 26, 1998--ACI Worldwide, the distribution and support division of Transaction Systems Architects, Inc. (Nasdaq: TSAI TSAI Transaction Systems Architects Inc ), announces its first customer in Kazakhstan. Halyk Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. of Kazakhstan, the largest retail bank in Kazakhstan, licensed an integrated suite of BASE24(R) software applications to automate and centralize EFT (electronic funds transfer See EFT. (application, communications) electronic funds transfer - (EFT, EFTS, - system) Transfer of money initiated through electronic terminal, automated teller machine, computer, telephone, or magnetic tape. ) processing operations. "We face the double challenge of handling rising transaction volumes while expanding the delivery channels available to our customers," said Altynai T. Eleuova, IT director of Halyk Savings Bank of Kazakhstan. "Instead of building separate delivery channels, and needed support functions, we wanted to invest in a single technology that would integrate current, and future delivery channels. ACI ACI American Concrete Institute ACI Arch Coal Inc ACI Airports Council International (formerly Airport Associations Coordinating Council) ACI Automobile Club d'Italia ACI American Competitiveness Initiative Worldwide gives us that ability with BASE24." Halyk Savings Bank will integrate BASE24-atm(R), BASE24-pos(R), BASE24 Remote Banking and BASE24 Infobase(TM) to form the core of a central financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and payments engine for its ATM, POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale and Remote Banking delivery channels. BASE24's integrated design allows the multiple applications to share the same account information and communications links giving Halyk Savings Bank the ability to offer customers consistent information, services and availability across the three channels. And, BASE24's open architecture allows Halyk Savings Bank to add new delivery channels as needed as needed prn. See prn order. . As card transaction volumes increase, BASE24 positions Halyk Savings Bank to handle the growth. BASE24 operates on Compaq NonStop Himalaya servers to provide scalability, fault-tolerance and high availability. "BASE24 enables Halyk Savings Bank to offer its customers the same anywhere-anytime financial services enjoyed by bank customers around the world," said Doug Parr, managing director of ACI Worldwide's Europe, Middle East and Africa Operation, based in the United Kingdom. "Whether the need is to process EFT transactions from ATMs, POS devices or other Remote Banking sources, BASE24 offers Halyk Savings Bank high performance, availability and reliability every minute of every day." ACI Worldwide helps the world move money with software products developed for consumer banking, corporate banking, merchant retail and systems solutions. As the distribution and support division of Transaction Systems Architects, Inc. (Nasdaq: TSAI), ACI Worldwide maintains operations in the Americas, Europe/Middle East/Africa and Asia/Pacific and is a leading international provider of software for electronic commerce and electronic payments. ACI Worldwide distributed solutions are used by more than 2,000 customers in 70 countries. Visit ACI Worldwide on the Internet at www.aciworldwide.com. |
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