X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ONTARIO, Calif. – With the launch of its Cellular Digital Packet Data technology, CO-OP Network has tapped into wireless technology for ATM transaction processing. For consistent signal strength and availability, CDPD uses a dedicated path that is fixed to each assigned ATM. According to Gene Polito, CO-OP Network Executive Vice President/Chief Operating Officer, the CDPD installation process is faster than land-based telecommunications due to less equipment set-up and reduced “wait-time” for activation. While a typical CDPD ATM connection takes only two weeks to install, the common leased line ATM configuration, similar to DSL Internet connections, has wait-times of at least six weeks. “Between making arrangements for leased line circuits and lead-times for installation, the process can become a little sluggish,” said Polito. “CDPD complements frame relay and dial-up communication technology, allowing credit unions to quickly expand their presence in targeted communities.” Earlier this year, CO-OP Network completed a pilot project for the CDPD wireless system in both high and low volume markets. According to Polito, the test results showed no change in service from the traditional network configurations and the tested ATMs actually had shorter transaction lengths. The wireless network is currently available in most large cities in the United States and plans are underway to make it available in small cities. CDPD installation costs vary according to location and equipment.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.