Advanced Functionality Now Available on Web-Enabled ATMs.Business Editors RALEIGH, N.C. & SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--May 13, 2002 Infonox and Nexus Software team up to deliver vendor neutrality and rapid ATM deployment Nexus Software, Inc., provider of open financial device middleware, and Infonox, an infrastructure software company focusing on transaction and payment products, have announced a strategic alliance, enabling simplified deployment of advanced function, Web-enabled ATMs worldwide. Nexus' XFS-compliant INvolve(R) middleware, and Infonox's glu-on(TM) plug-in technology facilitates the advanced functionality. Glu-on provides connectivity to Infonox's Active Payment Platform and also offers extensive capability to deployers for managing events, notifications, transaction flows and healing of devices. ATMs using glu-on and INvolve have already been rolled out in gaming and retail markets. "Glu-on is effective because it is written to work with most standards - open, proprietary, and even futuristic extensions for devices currently under consideration by major deployers. The open standard XFS XFS X Font Server (Sun) XFS Extended File System XFS X-Fleet Sentinels (gaming clan) XFS Extensions for Financial Services (software interface specification) capabilities of Nexus INvolve give us the portability to put glu-on onto any device that supports XFS," said Safwan Shah, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Infonox. "Traditionally, institutions have been limited to solutions offered by ATM hardware vendors. Now, with glu-on coupled with INvolve, deployers can choose the hardware that best meets the needs of their end users." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. officials from both companies, the alliance is expected to speed up the transition from legacy ATMs to Web-enabled ATMs. Current users of INvolve middleware can add glu-on and instantly offer additional transactional capabilities. "Infonox's Active Payment Platform aggregates multiple systems quickly and efficiently," said Bob Usner, marketing director for Nexus Software. "This advanced technology allows ATMs to perform functions that, until now, demanded human interaction to be completed. Financial service providers worldwide can now offer transaction services anytime, day or night, anywhere they have a Web-enabled ATM." Nexus' INvolve spans all customer delivery channels, allowing financial institutions and service providers to utilize a single middleware platform to connect applications and devices, regardless of vendor or architecture. Since most retail banking applications are specific to each customer delivery channel (i.e. ATM, teller, kiosk, Internet), and because most applications are proprietary to a specific vendor device, middleware is used to ensure timely and accurate data sharing The ability to share the same data resource with multiple applications or users. It implies that the data are stored in one or more servers in the network and that there is some software locking mechanism that prevents the same set of data from being changed by two people at the same time. and communication across all applications and devices. INvolve is fully compliant and certified on the Infonox Active Payment Platform. About Nexus Software Nexus Software is a world-leader in standards-based, open retail banking middleware and related products and services that connect any solution to any branch or self-service device. Nexus has more than 15 years of experience in SNA (Systems Network Architecture) IBM's mainframe network standards introduced in 1974. Originally a centralized architecture with a host computer controlling many terminals, enhancements, such as APPN and APPC (LU 6. connectivity, XFS device connectivity and enabling XFS-based solutions for its OEMs, value-added resellers A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. , distributors and financial industry-end customers around the world. Nexus is headquartered in Raleigh, N.C., USA, with development offices in Portsmouth, England and Edinburgh, Scotland. For more information on Nexus products and services, visit the company's Web site at www.nexussoft.com. About Infonox Infonox provides infrastructure software for businesses to aggregate, deploy and manage transaction services. Infonox's Active Payment Platform enables businesses to rapidly build and aggregate transaction services on PCs, POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale terminals, mobile devices and ATM machines (Automatic Teller Machine machine) A banking terminal that accepts deposits and dispenses cash. ATMs are activated by inserting a cash or credit card that contains the user's account number and PIN on a magnetic stripe. . An integrated suite of products and services handles application deployment and configuration, transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , security, risk management, reporting, monitoring, device and terminal handling, identity verification Noun 1. identity verification - the automatic identification of living individuals by using their physiological and behavioral characteristics; "negative identification can only be accomplished through biometric identification"; "if a pin or password is lost or and media delivery systems. Infonox partners with leading transaction service providers, banks, non-bank financial institutions, acquirers, ISOs and enterprise customers. For more information, please visit www.infonox.com. |
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