According to Stan Hollen, president and CEO of CO-OP Financial Services, Transaction Network Services (TNS) was selected because of its expertise in providing connectivity services to the ATM industry and its ability to support the evolution of CO-OP’s product offering.
Mr Hollen also added: Having a trusted partner such as TNS will enable us to meet four strategic objectives for our membership: reduce telecom costs; provide a broader range of service options, including wireless and DSL VPN services; achieve greater network resiliency to maximize uptime; and bring the latest services to market, with TNS’ network expertise to support the development and launch of new CO-OP Products. TNS has an impeccable reputation in the financial processing industry.
Ray Low, president of TNS, said: We are absolutely delighted to be selected as a trusted and reliable communications services provider to the CO-OP. Our US POS Division’s vast experience in providing and managing a wide range of secure data transport solutions will provide tremendous value for CO-OP’s member institutions. We look forward to working closely with the CO-OP team and their partners to ensure a smooth transition of service, and to developing new, feature-rich services for their customers.
