BECU Utilizes Axway to Secure Financial Transactions with Trading
0 Comments | Wireless News, Jul 30, 2010
Axway, a business interaction networks company, announced that Boeing Employees’ Credit Union (BECU) is relying on Axway SecureTransport to simply and securely manage financial exchanges.
Axway SecureTransport is a secure, multi-protocol solution that provides BECU with full visibility into transactions with its trading partners while reducing the strain on BECU’s IT department.
BECU, a credit union in Washington state and one of the top five financial cooperatives in the United States, has been serving its members for almost 75 years with current membership of over 650,000. As a credit union, BECU focuses on improving the economic and social well-being of its members. As such, the IT department is always looking to implement solutions that help with efficiencies and provide top value to its membership.
“With increasingly complex financial transfers, it’s imperative that financial institutions find a way to ensure that all monetary exchanges are done in a secure and timely manner,” said Susan Feinberg, senior research director at TowerGroup, a financial services industry analyst firm. “Having visibility into secure financial transactions helps financial institutions not only ensure the safety of their transfers, but helps increase customer satisfaction.”
After finding its existing packaged managed file transfer (MFT) solution to be complex, BECU decided it needed to replace the system
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