US transaction processor Innobeta Systems is to use Mosaic Software's Postilion EFT software to handle driving, settlements and reconciliations across its network of ATMs.
Innobeta Systems, which began operations in June last year, is utilising the Postilion platform on a Windows 2000 platform to manage the entire transaction process.
Mosaic Software says the software also enables Innobeta to add new high value services to its ATMs including cheque cashing, wire transfers and pre-paid media, such as mobile phone top-ups and cinema tickets.
Eric Park, chief financial officer, Innobeta, says: "Our customers have the ability to generate up-to-the-minute management data that lets them provide better oversight and control of their daily operations."