EFT Processor Innobeta Completes Conversion of Money Marketing ATM Terminal Base.Business Editors/High-Tech & Banking Writers SOUTH HACKENSACK, N.J.--(BUSINESS WIRE)--April 16, 2003 Innobeta Systems, Inc., an ATM transaction processor, has completed converting nearly 2,000 ATMs owned by independent sales organization This article or section deals primarily with the English-speaking world and does not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Money Marketing, Inc. to the to the Innobeta processing system. Innobeta Chief Financial Officer Eric Park, in making the announcement, called the conversion a "textbook case" of technology migration. "Merchants who own ATMs serviced by Money Marketing will now benefit from stepping up to our secure Web-based approach to data management," said Park. "They'll be able to monitor transactions in real time, troubleshoot problems and simplify their settlement and reconciliation processes." As a result of the conversion, 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. Park, Innobeta is now processing some one million Money Marketing transactions per month originating at ATMs from New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of to San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . Park noted that the conversion positions Innobeta solidly in the convenience, independent supermarket and petroleum payments sectors. "Convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. , supermarkets and gas-and-go stations are the types of fast-paced businesses that benefit from Innobeta's higher approval rates, direct connects, and real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. management approach," said Park. About Innobeta Systems, Inc. Innobeta Systems, Inc. provides transaction processing and ATM terminal driving services for financial institutions and independent sales organizations. Innobeta provides connectivity for ATMs to most national and regional financial networks via direct connects or gateways. The key to the Innobeta platform is an open architecture that allows continuous availability, hardware independence and transaction security. About Money Marketing, Inc. Money Marketing, Inc. (MMI (Man Machine Interface) See HMI. 1. MMI - Man-Machine Interface. 2. (company) MMI - The company which developed the first Programmable Array Logic devices. MMI was bought by AMD. ) is a full-service provider of transaction processing and ATM Cash management. MMI provides a complete ATM program, which includes hardware, software, installation, training, ATM maintenance, ATM monitoring, transaction processing, cash management and customer service to financial institutions and retail locations. Money Marketing supports and services ATMs in major metropolitan areas such as New York, San Francisco and Washington, DC, as well as throughout the Midwest and the South. |
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