UK FI turns to Authentic solution for improved payment operations

Yorkshire Building Society has implemented Authentic, an intelligent payments platform from NCR Corp.-owned Alaric, to provide essential card authorization, routing and switching, according to an NCR press release.


The society is the second largest in the U.K. with 3.3 million members and assets worth approximately 37 billion pounds ($58.6 billion).


With Authentic, the FI can perform stand-in authorizations — meaning that members can use their ATM cards at their convenience while the FI keeps its IT management and operational costs under control, the release said.


The society also uses Authentic to manage connectivity to various internal and external payments systems, networks and devices, and process Faster Payments transactions.


According to the release, Authentic addresses ATM-related challenges that include: the need for triple-DES connectivity to both the Link network and the society's own ATM networks; an upgrade to the Link Information Security Standard; and improved device functionality.


"We are impressed by the flexibility and agility inherent to Authentic," said Alan Redmonds, business and applications support manager at Yorkshire Building Society. "The platform's component-based design makes it easy to meet the specific requirements of the society's business without extensive programming, recoding or complex customizations."


Authentic was designed to be compatible with any standard commodity hardware and software platforms. NCR said that this allows the society to retain its existing infrastructure and make future investments in technology uncompromised by the demands of its card authorization platform.


Authentic also supported Yorkshire Building Society as it migrated its network of ATMs to NCR machines from another manufacturer, the release said.


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