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CBORD, JSA reach agreement regarding use of Web-Deposit feature

Thursday, April 17, 2008

CBORD customers will have an easier path to making online deposits to their existing campus card accounts thanks to the company’s recently-inked agreement with JSA Technologies to utilize its patented Web-deposit system. The patent license agreement does not provide JSA with a license to use, interface with, or otherwise integrate with any CBORD product, the company emphasized.

The license applies to existing and new CBORD Web-deposit customers in all markets for which CBORD currently provides this capability. That includes ManageMyID™, NetCardManager™, WebCard Center™, and UGryd™. All existing customers of any CBORD-provided web-deposit product are covered by this license. Existing customers of a CBORD web-deposit product are properly licensed and need do nothing more.

For new or other implementations of web-deposit capabilities, customers must acquire a CBORD web-deposit product to be properly licensed.

“CBORD is pleased to reach this agreement to provide our customers a clear path to successful deployment of CBORD’s web-deposit modules to enhance their transaction processing applications,” said Randy Eckels, senior vice president, sales and marketing. [end] 

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