23 October 2017
visit www.atos.net

Zions Bank in Star ATM pact with Concord

01 August 2002  |  3308 views  |  0 Zions Bank in Star ATM pact with Concord

Zions Bank has signed an agreement with e-payment transaction processor Concord to provide community banks with electronic merchant card processing, ATM access and credit card issuance.

Under the agreement, Zions' correspondent banking division will provide clients with ATM access via the Star electronic payment network, and a range of enhanced payment acceptance options such as POS debit, cheque truncation, and gift and loyalty programmes.

Community banks will also be able to issue their own-branded debit cards to clients with terminal driving and monitoring for nearly every ATM model. Transaction routing and authorisation will be via the Star network. The banks will offer advanced deposit risk management services, real-time card management and authorisation for PIN-secured debit cards.

Grant Hurst, vice president and manager of Zions' correspondent banking group, says: "In our on-going effort to provide a full line of banking services to regional and community banks, we believe this new strategic alliance will provide additional opportunities for our clients to house all their merchant processing and ATM/debit program requirements with one vertically integrated provider."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Jury still out on BofA ATM ads - AP

Jury still out on BofA ATM ads - AP

31 July 2002  |  3212 views  |  0 comments
Web-based functionality changing role of ATMs, says Datamonitor

Web-based functionality changing role of ATMs, says Datamonitor

25 July 2002  |  3721 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.vasco.comRegister nowvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
15624 views comments | 17 tweets | 30 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
13659 views comments | 22 tweets | 28 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
10053 views comments | 12 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9958 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8953 views comments | 9 tweets | 18 linkedin

Featured job

to £70K base, £105K ote, benefits
London, UK

Find your next job