Quantcast
Last updated on May 31, 2012 at 17:56 EDT

Tecban Implements Level Four Technology to Maximize Services and Innovations in Their ATMs

November 3, 2009
Repost This

LONDON, November 3 /PRNewswire/ — Level Four, the leading provider of
open standards-based ATM software, today announced that TecBan, a company
specialized in ATM network management, is using Level Four’s BRIDGE:test in
their ATMs to deliver greater test automation to their network of over 6,800
ATMs.

With the new technology, TecBan can provide better customer service to
its clients – the largest and most important banks in Brazil – by improving
quality and increasing the speed to market of the new functionality.
Additionally, automating test procedures have provided TecBan with more
rigorous and frequent testing at a reduced cost to maximize availability of
their ATM network.

Prior to the implementation of BRIDGE:test, TecBan performed the tests
using a tool of smaller scope and little flexibility. This approach was both
time and cost intensive. Brazil is the third largest ATM market in the world;
consequently, TecBan felt the need to use a new technology that rendered the
performance these tests easier, besides offering other new services according
to demand. To address these challenges, TecBan needed a faster end-to-end
solution, capable of speeding up the implementation of new services. TecBan
selected Level Four as supplier for testing application software in ATMs,
signing the contract in May. With BRIDGE:test, TecBan have incorporated the
technology in the development life cycle, enabling new services to be rapidly
rolled out to the market and ensuring high levels of ATM availability for
their customers.

“ATM use in Brazil is growing rapidly, and our goal is to keep expanding
our network, in a constant and progressive way. To meet this demand, it is
essential that we have the systems in place to provide our clients with the
highest levels of service, including the ability to implement new
functionalities. Level Four leads the technology market in ATM testing and,
as such, it was a clear choice for TecBan. Since implementation, we have
already seen a significant leap in testing efficiency.” says Lisias Lauretti,
TecBan Technology Director.

Ian Kerr, Level Four CEO said, “As Level Four’s first project in Brazil,
this is a significant and exciting deal, which marks our first step in the
South American market. As the ATM market in Brazil continues to grow, it is
essential that network providers have the infrastructure and software in
place to maximize the availability of the ATM channel.”

About TecBan

TecBan (Tecnologia Bancaria S.A.) is a company specialized in bank self
service networks. The company was founded in 1982 by a pool of Brazilian
banks, with the objective to develop and consolidate the automatic teller
machine net for Banco24Horas. Due to the experience of 27 years acquired
through the administration of its own network, TecBan stands out in the ATM
market providing, with the best levels of quality, knowledge, security and
availability, total or partial management of the financial institutions
proprietary machines. Created to be the natural extension of the banks,
TecBan mission is providing ATM services, contributing with the Financial
Institutions in their relationship with their clients.

Based on that proposal, the company manages its own external network of
ATMs with over 6,800 terminals of Banco24Horas, present in every Brazilian
State. The experience acquired in the administration of Banco24Horas also
enables TecBan to manage Financial Institution external networks, through
External Networks Management, with the best rates of availability offered by
the market, ensuring gains of scale, comfortableness, convenience and
security.

The company also offers Network Sharing services (made of 12
interconnected proprietary external networks and 24 Financial Institutions
users, besides Banco24Horas), with almost 37 thousand terminals currently
interconnected – thus contributing with the formation of a wide ATM network
available to financial services customers in Brazil.

About Level Four

Level Four’s integrated BRIDGE suite of open ATM software products have
been developed to address the needs of ATM deployers seeking to maximise
their investment in the ATM channel. BRIDGE is targeted at banks and ATM
deployers who are running, or seeking to run, a modern ATM network based on
the industry-wide CEN/XFS open standard. As a true holistic offering, BRIDGE
recognises the needs of ATM deployers in the areas of installation, testing
and monitoring as well as run-time ATM software.

Since 1995, Level Four has built an impressive global customer base of
banks and payments processors including, Royal Bank of Scotland, Lloyds TSB,
Bank of America, CIBC, VocaLink and Standard Bank of South Africa.
Headquartered in Dunfermline, Level Four has offices in Dubai and Charlotte,
NC
. http://www.levelfour.com

    Level Four's online ATM industry resource: http://www.atmindustryinfo.com

    Contacts
    Alexia Ward/Sole Chirco
    Hotwire
    +44(0)20-7608-4687/4673
    levelfour@hotwirepr.com

SOURCE Level Four Software Ltd


Source: newswire