Payments company S1 Corporation is to replace ATEbank of Greece’s existing ATM software platform with its Postilion suite.
The bank said that it was looking for a solution that would enable it to expand its range of banking services. This meant a platform which would allow it to develop internet and phone banking, web kiosks utility bill payment services.
Ultimately the bank envisions Postilion becoming its principal financial transaction processing platform, with all transactions being routed through the system to the relevant authorizing module.
This agreement, said Chris Pappas, CEO of Codix, highlights S1 Corporation’s growing profile in the European market and Postilion’s reputation as the open technology transaction processing system of choice. Postilion has a fast time to market and is designed so that support, maintenance, new integrations, and system enhancements can be done cost effectively with industry-standard technical resources.