North Shore Credit Union (NSCU) has purchased INETCO InsightTM as part of the strategy to host its own banking platform.
Moving away from a completely outsourced model, NSCU recently implemented the TEMENOS T24 banking solution. While NSCU relies on vendor partnerships to manage its payment and network data center as well as switch technology maintenance, the Credit Union is accountable for the overall seamless functionality and compatibility of all its components. With the deployment of INETCO Insight, NSCU has been able to:
Guarantee a risk-free migration to a new banking platform;Gain visibility into the performance of partners responsible for various components of the ATM and POS payment transaction channels;Establish real-time alerts to quickly meet regulatory compliance for POS, ATM and debit card transaction fraud prevention.
Fred Cook, CIO of North Shore Credit Union:
“We couldn’t have migrated to our new banking platform unless we could prove we were able to manage the operational and service disruption risks associated with new technology roll-outs. INETCO Insight gave us the quickest and most lightweight solution to real-time transaction monitoring. The INETCO tool has had a positive impact on our strategy. We are already expanding its capabilities into our other online channels.”
L.D.