20 August 2017
Find out more

Stratus Continuum to run Canadian EFT network

24 November 2000  |  2516 views  |  0 Stratus Continuum to run Canadian EFT network

Canadian application services provider Datawest Solutions has selected Stratus Computer to support its direct connection to Interac, Canada's national e-payments network for ATM and point of sale debit applications transactions.

The Stratus Continuum 419 product will run the HP-UX operating system and the Interac inter-member node switching application software, supplied by Oasis Technology, to form Datawest's Interac direct connection platform.

The Stratus system consists of duplicated hardware components so that if one fails, the other continues processing without any application interruption. The server then 'phones home' to a service support centre, which immediately dispatches a replacement that can be switched without any operating interruption, claims Stratus.

Brian Cook, senior vice president of sales, Oasis Technology, says the Interac network is the backbone for debit and ATM services to the Canadian public, processing over 1.7 billion debit and 350 million ATM transactions per year. He continues: "Interac and its members take availability very seriously. Even the slightest downtime could result in a dramatic impact to service."

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

Stratus demonstrates Web-based trading system

Stratus demonstrates Web-based trading system

11 October 2000  |  2489 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.worldpaymentsreport.comdownload the paper now

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
9797 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
8308 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
7874 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
7640 views 0 | 2 tweets | 1 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
7122 views comments | 14 tweets | 13 linkedin

Featured job

Find your next job