Printer Friendly
The Free Library
4,547,092 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

BancWest Corporation Selects IntraNet Worldwide's iMTS Remote Payment Initiation and Inquiry System.


NEWTON, Mass. -- Module Provides First Hawaiian Bank with Browser-Based Payment Functionality; Creates Payment Operations Efficiencies

IntraNet Worldwide, Inc. (Nasdaq:TSAI), the industry leader in international and domestic wholesale financial messaging and payment processing solutions for financial institutions, today announced that BancWest has selected IntraNet's iMTS Remote Payment Initiation and Inquiry (RPI RPI - Races Per Incident (racing)
RPI - Radar Precipitation Integrator
RPI - Railway Progress Institute
RPI - Ranking Percentage Index (sports statistic)
RPI - Rapid Process Improvement
RPI - Rated Position Identifier
RPI - Ratings Percentage Index (college basketball)
RPI - Real Polytechnic Institute
RPI - Real Property Inventory
RPI - Red Planet Interactive Games
RPI - Regional Perfusion Index
RPI - Related Proteins of the Immune System
) module. The RPI module will allow BancWest's First Hawaiian branches to submit payment instructions securely and efficiently through industry standard browsers to its centralized payments department, unifying and streamlining its payment operations.

An iMTS customer since 1998, BancWest Corporation is a wholly owned subsidiary of BNP Paribas, a European banking and financial services leader with a growing presence in the United States. With assets of more than $50 billion, BancWest serves more than three million households and businesses in 17 Western and Midwestern states, Guam and Saipan Saipan (sī`păn, sīpän`), volcanic island (2000 pop. 62,392), 47 sq mi (122 sq km), W Pacific, capital of the Northern Mariana Islands. It is mountainous; the highest peak is Mt. Tagpochau (1,526 ft/465 m). through its two major subsidiaries, First Hawaiian Bank and Bank of the West. With branches and internal departments requiring immediate access to intuitive payment initiation and inquiry, First Hawaiian Bank chose the RPI module to replace its homegrown system.

"In looking to offer our branch network self-service funds transfer initiation and inquiry capabilities, we were able to leverage the iMTS solution through the RPI module and provide superior functionality to our employees," said Duane Chun, vice president at First Hawaiian Bank. "First Hawaiian's adoption of the RPI module underscores the longstanding and robust relationship BancWest has shared with IntraNet Worldwide throughout the past seven years."

iMTS moves money, settles multiple currencies and streamlines operations for 23 of the top 100 global banks and 41 of the top 100 U.S. banks. The RPI module increases the flexibility of the iMTS user interface, eliminates the need for software distribution and provides delivery to new audiences while ensuring the maximum security, reliability and operator efficiency. RPI can be configured in either a BEA WebLogic or IBM WebSphere(R) environment, extending IntraNet's service-oriented architecture (SOA) component-based design.

"By executing a progressive technology strategy to achieve operational efficiency and excellence in payment processing, BancWest has continued to position itself as a driving force in the wholesale banking marketplace," said Dennis D. Jorgensen, president and CEO, IntraNet Worldwide. "BancWest's strong commitment to IntraNet Worldwide speaks to the proven return on investment our solutions deliver and more importantly, our continuous and diligent focus on the overall customer experience."

About BancWest Corporation

BancWest Corporation (www.bancwestcorp.com) is a financial holding company with assets of $50.1 billion. It is a wholly owned subsidiary of BNP Paribas (www.bnpparibas.com), an international financial services group. BancWest is headquartered in Honolulu, Hawaii, with an administrative headquarters in San Francisco, California. Its principal subsidiaries are Bank of the West (480 banking locations in California, Arizona, Colorado, Idaho, Iowa, Minnesota, Nebraska, New Mexico, Nevada, North Dakota, Oregon, South Dakota, Utah, Washington state, Wisconsin and Wyoming) and First Hawaiian Bank (61 branches in Hawaii, Guam and Saipan).

About IntraNet Worldwide, Inc.

IntraNet Worldwide, Inc. is the industry leader in international and domestic wholesale payments and message processing solutions for financial institutions. The success of the company's solutions reflect the company's strong heritage built through 25 years of real-time and proven experience in developing and delivering business-critical banking systems. Many of the world's largest financial institutions use IntraNet Worldwide software to move money, settle multiple currencies, and streamline back office operations. Headquartered in Boston, MA, IntraNet Worldwide employs 145 people across offices in the United States and United Kingdom, with representatives in Bangkok, Brussels, Frankfurt, Sydney, Tokyo and Toronto. IntraNet Worldwide is a business unit of Transaction System Architects, a leading international provider of enterprise e-payments software and services, and sister company of ACI Worldwide. Additional information can be found at www.intranet.com.

Any statements in this press release regarding projected results are preliminary and "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In addition, this press release may contain other forward-looking statements including statements regarding Transaction Systems Architects, Inc.'s ("TSA"), its subsidiaries or third parties' expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect. The forward-looking statements in this press release are subject to a variety of risks and uncertainties. Actual results could differ materially.

For a detailed discussion of these and other risk factors, interested parties should review the Company's filings with the Securities and Exchange Commission, including the Company's Form 10-K filed on December 14, 2004, the Company's Form 10-Q/A filed on February 18, 2005, and the Company's 10-Q filed on May 10, 2005.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:May 25, 2005
Words:755
Previous Article:Advanced ID's Sheep Tag Delivers Strong Performance in Australia.
Next Article:SilkRoad OpenHire Delivers Superior Hiring Solutions to Business Process Management Companies.
Topics:



Related Articles
Manufacturing success depends on skilled labor, technology.
A viable career. (Independent Music Teachers Forum).(Brief Article)
The shortcomings of our virtues. (Independent Music Teachers Forum).(Brief Article)
Orders issued under Bank Holding Company Act. (Legal Developments).
Atlantis Systems. (News).
Industry datebook.(Calendar)
Industry datebook.(Calendar)
Be there or be unaware: IMTS 2004.(WIP)(Brief Article)
Fortis Bank Live on IntraNet Worldwide's iMTS Solution; iMTS Solution Provides Bank with Best-of-Breed Payment Processing Functionality.
JIMTOF 2006, Japan's International Machine Tool Fair, Draws Record Visitors.

Terms of use | Copyright © 2008 Farlex, Inc. | Feedback | For webmasters | Submit articles