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TNS looks to Canadian ATM market for growth
September 8, 2009 by Tracy Kitten — Editor, AMC
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ClaudeCALGARY, Canada-based Transaction Network Services says it is increasing its focus on the Canadian ATM market.
TNS announced in a news release that it is now a member of Interac Association, through its newly formed entity Transaction Network Services Canada Inc., and that it expects to further penetrate the Canadian market by leveraging the ATM-processing capabilities it assumed after its acquisition of Calypso Canada earlier this year.
Not to be confused with TNS Smart Network, a subsidiary of NRT Technology Corp., Transaction Network Services is a global provider of data communications and interoperability solutions in 28 countries across North America, Europe and Asia-Pacific.
The joining of Transaction Network Services and Calypso Canada offers the market a unique skill set, said Doug Epp, TNS Canada's senior director of sales:
The union of Transaction Network Services and Calypso Canada brings together two unique sets of skills which provide a high level of strategic fit for both our business and our customers. TNS's enviable network communications and service-management expertise, combined with Calypso Canada's extensive ATM driving and processing experience creates an unrivaled offering to ATM owners, operators and deployers in Canada. We're delighted that our membership application to the Interac Association as our new entity, TNS Canada, has been successful. This marks the latest in a series of investments made by TNS as we focus our targeting of the Canadian market and demonstrate our commitment to this. The Interac Association-certification process for our EMV CHIP platform is now complete, and we already have our first device certified for use. With the rollout of EMV and CHIP-certified technology being driven by the Interac Association, TNS Canada is ideally placed to help Canadian firms capitalize on this throughout 2009 and beyond.
TNS Canada is now part of an organization providing ATM processing, monitoring, management and settlement, as well as help desk services, to more than 115,000 ATMs in select markets around the world.
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