INETCO Releases BankLink 1.2; A Smoother Way to Merge Legacy and IP Based ATM Networks.Business Editors, High-Tech Writers BURNABY, British Columbia--(BUSINESS WIRE)--Sept. 18, 2001 INETCO Systems Limited, a provider of premium financial network solutions, today announced the release of INETCO BankLink 1.2, a complete communications gateway solution for connecting ATMs to transaction switches, financial host systems and third party 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. (EFT) processors. Version 1.2 allows ATMs to be connected through multiple transaction switches to facilitate the merging of ATM networks. It also offers extended X.25 capabilities to permit connection to any network or host. "Recently there have been several cases of disruption of service and other complications as a result of banks and other financial institutions upgrading their systems, especially after merging and acquiring with other businesses," says David Soul, President and 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 INETCO. "Customers told us that they needed to eliminate the problems inherent in merging ATM networks. We responded by adding support for multiple transaction switches -- allowing ATM transactions to be processed on either the old or new switch. BankLink 1.2 responds to a growing need for robust and scalable connectivity solution that allows merging of both legacy and IP networks." BankLink includes a complete suite of protocols required for ATM networks including bisync, 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. , TCP (1) (Transmission Control Protocol) The reliable transport protocol within the TCP/IP protocol suite. TCP ensures that all data arrive accurately and 100% intact at the other end. , NCR, SDLC (Synchronous Data Link Control) The primary data link protocol used in IBM's SNA networks. It is a bit-oriented synchronous protocol that is a subset of the HDLC protocol. See SNA, DLC and Microsoft DLC. 1. , Burroughs, and X.25, extensive network management provided by built-in support for SNMP (Simple Network Management Protocol) A widely used network monitoring and control protocol. Data are passed from SNMP agents, which are hardware and/or software processes reporting activity in each network device (hub, router, bridge, etc. , SNA NetView/NetMaster, browser based Web Management, and report capabilities using standard SQL databases. About INETCO Systems Limited INETCO Systems Limited of Greater Vancouver, Canada, has been providing premium products for Short Duration Transaction Networks since 1984. Through various partnerships INETCO has helped leading corporations solve their unique financial communications problems. These corporations include the Bank of Montreal “BMO” redirects here. For the mathematics competition, see British Mathematical Olympiad. Bank of Montreal/Banque de Montréal (TSX: BMO, NYSE: BMO) is Canada's fourth largest bank[1], and is classified as a Domestic Chartered Bank (Schedule I). , the Commonwealth Bank of Australia, TD Waterhouse, Global Payment Corporations, and Telstra. CONNECTIVITY GUARANTEED For more information, please visit: http://www.inetco.com/banklink |
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