The ability to manage both POS and ATM networks on a single platform has won FIS a deal with Australia’s Suncorp bank. In addition to managing the bank’s POS and ATM networks, FIS’s CONNEX will also be used to help the bank’s ongoing EMV rollout efforts.<
CONNEX helps financial institutions facilitate terminal driving, transaction acquiring, switching and authorization. The migration of Suncorp’s ATM transactions is planned for the first half of 2013.
A few interesting facts about Suncorp:
- The fifth largest bank in Australia with more than $60 billion in assets
- One of the top 25 companies in the Australian Stock Exchange
- Has 450 offices and branches in Australia and New Zealand, and 2200 ATM access points
FIS has relationships with more than 14,000 institutions in more than 100 countries. See FIS’s most recent Finovate demos here and here.