MISSISSAUGA, ON, March 27, 2013 /CNW/ - Alterna Savings has renewed its
contract with Threshold Financial Technologies Inc. (Threshold) for
payment processing services. In addition to transaction processing,
Threshold also manages Alterna's fleet of 79 ATMs, as well as debit
card provisioning and management. Threshold is a full service
integrated solution provider of payments processing and ATM managed
services to financial institutions and corporate retail clients.
"I appreciate the effort and assistance Threshold has provided over the
last 10 years, as well as the investment in new products, services, and
disaster recovery initiatives," says Ryan Lecuyer, Director Banking
Operations at Alterna Savings. "The ongoing commitment to our
business, combined with the stability and reliability of their
operating platforms and their commitment to achieving PCI-DSS Version
2.0 certification, were deciding factors in choosing to extend our
"Alterna was one of the earlier financial institutions to select
Threshold and they have been a valued partner of ours since 2002. We
have developed a strong partnership over the years and we appreciate
their trust in Threshold. Partnership is critical as the financial
services industry becomes increasingly more complex with rapidly
changing technology and regulatory requirements," notes Jeff Nesbitt,
Threshold's Vice President of Financial Solutions.
About Alterna Savings
Alterna Savings is a full-service, member-focused, and community-based
credit union that operates in the National Capital Region and the
Greater Toronto Area. Guided by a commitment to support the well-being
of members, employees and communities, Alterna offers a broad range of
financial products and services to over 100,000 members. Learn about
the Alterna Savings difference at www.alterna.ca.
Threshold Financial Technologies Inc. (Threshold) is a full service
integrated solution provider of comprehensive and innovative payments
processing and ATM managed services solutions. Threshold also owns and
operates its own national ATM network and is the Central Switch
Provider to THE EXCHANGE® network, a shared surcharge-free ATM network
comprised of over 200 financial institutions and more than 2200 ATMs.
With headquarters in Mississauga, Ontario, Threshold is a subsidiary of
The Brink's Company (Brink's). Based in Richmond, Virginia, Brink's is
a global leader in security-related services for banks, retailers and a
variety of other commercial and governmental customers. The Brink's
Company is listed on the NYSE (BCO).
SOURCE: Threshold Financial Technologies Inc.
For further information:
Tracy Boyd, VP, Marketing & Communications
Threshold Financial Technologies Inc.
Pamela Stewart, VP and Chief Marketing Officer
(416) 252-5621, ext. 7703