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AnchorBank Implements Medianet Solution for Comprehensive, Secure Online Communications.


LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States.  -- Medianet Innovations, a global provider of collaborative communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems
engineering, technology - the practical application of science to commerce or industry
, announced at the Bank Administration Institute (BAI n. 1. a language spoken in the Dali region of Yunnan.

Noun 1. Bai - the Tibeto-Burman language spoken in the Dali region of Yunnan
Baic
) Retail Delivery Conference & Expo 2006 that Madison, Wis.-based AnchorBank implemented Medianet Secure IP Communicator. AnchorBank, a $4.28 billion bank and Wisconsin's largest thrift, offers personal and business banking services to more than 150,000 households and businesses at over 60 locations across a 19-county area. Medianet enables competency sharing in a high-security environment designed specifically for financial institutions.

Medianet's encrypted technology transmits data quickly and efficiently over the Internet, enabling collaborative communications via interactive instant messaging; no download chat; one button "push to talk" customer service via the Web; URL URL
 in full Uniform Resource Locator

Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program.
 co-browsing; desktop/application file sharing; and an interactive video and audio transmission. AnchorBank is using the system for internal support among employee desktops at various branches and to communicate with vendors. The bank plans to use it with Internet banking customers by the first quarter of 2007.

"We selected Medianet's comprehensive communication solution because it offered features that its competitors didn't offer; we can use the program with a variety of software applications in a secure manner," said Napoleon Smith, project specialist at AnchorBank. "We will use the system to collaborate and problem solve in all of our 60 branches across Wisconsin. Medianet's secure URL co-browsing and desktop sharing will help us resolve workstation problems in a faster, more cost-effective manner."

The solution's interactive video and audio transmission offer AnchorBank the ability to hold group meetings or have ad hoc For this purpose. Meaning "to this" in Latin, it refers to dealing with special situations as they occur rather than functions that are repeated on a regular basis. See ad hoc query and ad hoc mode.  presentations. Its no download chat and one button "push to talk" customer service via the Web will be helpful for Internet customers with questions. The desktop/application file sharing enables bank experts to access their customer's computer screens and walk through processes together.

"Medianet's collaborative solutions are transforming business processes for a variety of scenarios within AnchorBank," said Karsten Madsen, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Medianet. "Versatile communication mediums with premium security standards are essential as financial institutions strengthen their Internet footprint. Communication via the Web has become much more than a trend. The safety and convenience that Medianet can offer will make online communications as popular as the telephone, if not more."

All Medianet communications are documented and filed to ensure that financial institutions meet compliance and auditing standards. The company engaged Deloitte to certify its continually evolving security processes. It currently has Deloitte's certification for confirming to the International Standards on Auditing International Standards on Auditing (ISA) are professional standards for the performance of financial audit of financial information. These standards are issued by International Federation of Accountants.  (ISA (1) (Instruction Set Architecture) See instruction set.

(2) (Interactive Services Association) See Internet Alliance.

(3) (Internet Security and Acceleration) See .NET.
 920/4400) established by the International Federation of Accountants The external links in this article or section may require cleanup to comply with Wikipedia's content policies.  (IFAC IFAC - International Federation of Automatic Control, involved in informatics related to control systems. ).

About Medianet Innovations

Medianet Innovations is a global provider of collaborative technologies that enable innovative human interactions to occur in the workplace, leading to improved corporate performance. The company's secure Internet based communication platform delivers on-line meeting capabilities with multi-party voice, video, secure data sharing, chat and Web conferencing. Medianet's secure solutions are designed so financial services companies can meet compliance and storage requirements. Medianet offers more functional capabilities than the leading conferencing solution, with higher security and more ease of use at a fraction of the price. For more information about Medianet Innovations' solutions, visit www.medianetinnovations.com or call 336.272.9775.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 14, 2006
Words:516
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