Consumer Payment Card News

Husky – BankBoston Card Link

Northeastern University has teamed with BankBoston and Diebold to link financial services to Northeastern’s “Husky Card.” By linking both organizations’ carding processes, students can use their campus ID cards to perform banking transactions and purchase products from off-campus merchants, in addition to the university services already provided by the Diebold card system. Diebold custom software provides the necessary link between the University and BankBoston networks to create cards that share a mutual card number. That card number refers to bank systems transactions and Northeastern’s Diebold system for campus transactions. Students are able to open their BankBoston accounts without having to visit a BankBoston branch since the cards are still issued from Northeastern’s carding office. BankBoston services are activated immediately and the student, faculty member or staff member can make an opening deposit in an on-campus ATM or nearby branch. The ‘Husky Card’ is the first campus ID card that will function as a multiple-application campus ID card, signature-based debit or PIN-based debit card and an ATM card.

FULL STORY:
In an effort to provide additional financial services to students, Northeastern University has teamed with BankBoston and Diebold, Incorporated to link financial services to Northeastern’s “Husky Card.” By linking both organizations’ carding processes, students can use their campus ID cards to perform banking transactions and purchase products from off-campus merchants, in addition to the university services already provided by the Diebold card system.

Custom software, designed and developed by Diebold, provides the necessary link between the University and BankBoston networks to create cards that share a mutual card number. That card number refers to bank systems transactions and Northeastern’s Diebold system for campus transactions.

Students are able to open their BankBoston accounts without having to visit a BankBoston branch since the cards are still issued from Northeastern’s carding office. BankBoston services are activated immediately and the student, faculty member or staff member can make an opening deposit in an on-campus automated teller machine (ATM) or nearby branch. “The goal was to provide real-time, two-in-one convenience to our cardholders,” said Heidi R. Harring, director, Global Electronic Banking, BankBoston. “Diebold was a partner in helping us achieve that goal.”

The Husky Card is the first campus ID card that will function as a multiple-application campus ID card, signature-based debit or PIN-based debit card and an ATM card. The multiple-application campus card system provided by Diebold is used for access control to campus facilities, checking out library materials, as well as payment for photocopying, laser printing, books, laundry facilities, and food and drink. The added banking functionality allows students to make purchases at gas stations, grocery stores and wherever MasterCard is accepted and deduct the value from their BankBoston account. The ATM functions add the capability to perform banking transactions at ATMs around the world.

“We are very pleased with how our Diebold card system has evolved. While our functionality was already advanced in the services it provided to students on campus, the financial services now available far surpass our original intent,” said Marty J. Damian, Northeastern University Bursar. “We’re excited to see how technology keeps adding to our capability.”

Boston-based Northeastern University grants degrees through six colleges and nine graduate and professional schools. Under the university’s cooperative education program, students alternate terms of paid, professional work experience with traditional classroom instruction during a five-year undergraduate course of study. Representing a wide variety of cultural and ethnic groups, nearly 11,000 undergraduates come from throughout the United States and more than 100 other countries to experience Northeastern’s dynamic learning environment.

BankBoston, with assets of $70.5 billion and some 23,000 employees, is the nation’s oldest commercial bank and New England’s only global bank. BankBoston is engaged in consumer, small business and corporate banking in New England; delivering sophisticated financial solutions to corporations and governments nationally and internationally; and full-service banking in leading Latin American markets. The Corporation’s common stock is listed on the New York and Boston stock exchanges.

Diebold, Incorporated (pronounced DEE-bold), headquartered in Canton, Ohio, is a global leader in providing card-based transaction systems, security and service solutions to the financial, education, healthcare, utility and retail industries. Founded in 1859, the company develops, manufactures, sells and services automated teller machines, campus and card systems, electronic and physical security equipment, automated medication and supplies dispensing systems, integrated systems solutions, software and banking supplies. For more information about Diebold, Incorporated, visit the company’s web site at www.diebold.com.

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