NOTEMACHINE LAUNCHES LEADING EDGE PROCESSING PLATFORM
NoteMachine, one of Europe’s leading ATM providers, has successfully implemented a new, state-of-the art business platform to increase the efficiency of processing financial transactions in-house.
The new platform, called Authentic, has successfully processed over 2 million transactions per day and over 50 transactions per second in the busiest periods. This increase in output – and control – has already enabled NoteMachine to support new machine types for a number of financial institution customers.
Nigel Constable, Managing Director of NoteMachine Technologies, who is responsible for the implementation and development of Authentic, said “We’re delighted with how well Authentic performs. In March, for example, it processed over 42 million transactions, delivering substantial cost savings. It now takes care of over 90% of our total transactions.”
With development ongoing, Authentic will also be used to drive NoteMachine’s ATM estate throughout Europe, handling over £25 billion in cash transactions every year.