Bank of Madison Brings Internet Banking 'In-House' with Beacon Software; Beacon Software Signs Its First In-House Customer in Georgia.Business Editors ATLANTA--(BUSINESS WIRE)--Dec. 17, 2003 Atlanta-based Beacon Beacon, city (1990 pop. 13,243), Dutchess co., SE N.Y., on the E bank of the Hudson River; settled 1663, inc. in 1913 when Fishkill Landing and Matteawan villages were united. Software, Inc.(TM), a national developer of in-house In-house In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm. Internet banking applications for community financial institutions, announced Bank of Madison, with $145 million in assets, as its first Georgia-based customer to purchase the Compass Internet Banking Platform. Bank of Madison's first quarter 2004 implementation of the Compass Internet Banking Platform will mark the beginning of the bank's campaign to strengthen customer service and compete with larger banks in its market. Once implemented, Bank of Madison will offer routine online banking services to its customers including viewing statements and check images. The Compass Internet Banking Platform creates a business-critical Internet presence while securely managing customer information and relationships. Simple, flexible and fully scalable, Compass's integrated software Separate software components or applications that have been combined into one package. See integrated software package. enables Internet-based retail banking, business banking, bill payment, bill presentment See EBPP. and marketing support, all from a unified platform. "Compass brings the bank inside the customer's home and offers new conveniences not possible through traditional mediums," said Charles Haney, president, Bank of Madison. "The in-house system provides total control over customer information and, from an operational standpoint The Standpoint is a newspaper published in the British Virgin Islands. It was originally published under the name Pennysaver, largely as a shopping-coupon promotional newspaper, but since emerged as one of the most influential sources of journalism in the , a more efficient way of accessing customer data." As part of its service initiatives, Bank of Madison will introduce basic Internet banking services along with imaged statements in the first quarter of 2004. In addition, the bank will expand their physical presence with a new branch facility in Social Circle. "We designed Compass with the evolving needs of the community banker in mind - flexible and cost-efficient," said Charles Potts Charles Potts (born August 281943) from Walla Walla, Washington is an American, projectivist poet, and was once mentored by Edward Dorn. Bibliography Books:
About Compass Internet Banking Platform(TM) Compass Internet Banking Platform(TM) is an in-house, enterprise-wide software solution from Beacon Software, a pioneering name in online banking technology. Designed to deliver the power of the Web to community banks and credit unions, Compass enables bankers to create a business-critical Internet presence while securely managing customer information and relationships. Simple, flexible, and fully scalable, Compass's integrated software suite brings new control and efficiencies to Internet-based Retail Banking, Business Banking, Bill Payment, Bill Presentment and Marketing Support--all from a single unified platform. Learn more about the Compass Internet Banking Platform by contacting Beacon Software at 404-255-5847 or visiting www.beaconsoft.net. About Beacon Software, Inc.(TM) A privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. based in Atlanta, Beacon Software, Inc. is a leading developer of Internet banking technology for the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry. Through its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , the Compass Internet Banking Platform(TM), Beacon delivers an enterprise-wide software solution that enables financial institutions to create a Web banking presence, optimize optimize - optimisation operations efficiencies, and better manage customer relationships. The first of its kind as an in-house, integrated and fully scalable platform, Beacon Software's Compass offers community banks and credit unions more features, flexibility, security and control than any other online banking application in its class. Learn more about Beacon Software and the Compass Internet Banking Platform by calling 404-255-5847 or visiting us online at www.beaconsoft.net. |
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