Simply put, the management of our distribution model would be almost impossible without ARM’s platform.
-Matt Montes, President, Catalina Card Services
Portland, OR (PRWEB) April 08, 2013
Central National Bank (CNB), a symbol of financial strength for 100 years, has approved ARM Insight as a strategic technology partner and critical vendor to assist its prepaid debit card programs to achieve enhanced profitability and compliance. Catalina Card Services, a leader in innovative prepaid solutions and existing CNB program manager, will begin using ARM’s Prepaid Management Platform immediately.
“ARM’s platform provides us with the rich information and process management tools that we need in order to manage our business,” said Matt Montes, President, Catalina Card Services. “With ARM’s platform, we streamline many critical business operations and get significantly higher intelligence about our card programs. Simply put, the management of our distribution model would be almost impossible without ARM’s platform.”
ARM Insight, the developer of the Prepaid Management Platform (PMP) and Roadmap to Compliance (RTC), is a leading provider of prepaid technology, compliance and operations for the prepaid debit card industry. Prepaid issuers and program managers utilize ARM’s technology platform and services to bolster their debit card program’s profitability and compliance, while gaining significantly better intelligence into program performance.
“We are very impressed with ARM’s technology and expertise in the prepaid debit card industry. ARM’s technology has the ability to provide our program managers with the critical management tools they need to better run their programs,” said Mark Sumby, Senior Vice President of CNB.
ARM’s PMP transforms the millions of raw transaction data points stored in legacy processor platforms into actionable information, enabling bank issuers and program managers to make intelligent business decisions, while streamlining business processes that are critical to proper management of a prepaid debit card program. The PMP is accessible via a secure, PCI Level 1 compliant web infrastructure, using a highly intuitive and user-friendly interface. The PMP transforms the time and effort it takes for issuing banks and program managers to build out an operational back office and streamlines areas of compliance and reporting.
“We are excited to partner with Central National Bank. Our platform and services will be a key driver of efficiency and business intelligence for CNB’s program managers,” said Randy Koch, President of ARM Insight, Inc.