Claritybank.com, the Financial Destination for the New Economy, TAKes Online Banking to the Next Level.Business Editors/High Tech Writers PURCHASE, N.Y.--(BUSINESS WIRE)--March 27, 2000 Claritybank.com Partners with 724 Solutions, Attracts Wireless Consumers, Small Businesses Via Unique E-commerce Features Claritybank.com (www.claritybank.com) announces today the initial launch of its Internet bank, one of the most comprehensive vertical 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. platforms in operation, providing banking, lending, discount brokerage A discount brokerage is a business that charges clients significantly lower fees than traditional brokerages, typically offering comparatively fewer services and/or advice. and business-to-business services via the Internet, telephone and wireless devices to businesses and consumers. Claritybank.com is taking aggressive aim at servicing the needs of emerging growth and New Economy companies by providing innovative deposit products, loans and services. For example, the B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business Center is truly unique --offering everything from capital, staffing, insurance, office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). , and equipment -- and gives today's burgeoning market of Net-entrepreneurs and start-up businesses, short on time and capital, a strong resource for building their companies. Moreover, Claritybank.com will be the first Internet bank to offer wireless banking capabilities, with the launch of CLARITYANYWHERE, developed through a partnership with 724 Solutions Inc., (Nasdaq:SVNX, TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : SVN SVN Subversion (version control system) SVN Slovenia (international traffic code) SVN Social Venture Network SVN South Vietnam SVN Secure Virtual Network SVN Supervised Visitation Network ), the leading provider of Internet infrastructure software that enables financial services providers to offer personalized and secure online banking, brokerage and e-commerce services across a wide range of Internet-enabled wireless and consumer electronic devices. "We are blazing the trail in delivering efficient and convenient banking solutions that today's business Today's Business is a show on CNBC that aired in the early morning, 5 to 7AM ET timeslot, hosted by Liz Claman and Bob Sellers, and it was replaced by Wake Up Call on Feb 4, 2002. owners and consumers demand," said David Arzi, Chairman, Chief Executive Officer of Claritybank.com. "The Internet and wireless technologies are the driving forces of the New Economy. Our partnership will allow us to harness these forces, continuously creating new technologies and ensuring that our customers remain at the forefront of this revolution." "We are thrilled to be working with Claritybank.com to set new standards in the quality and convenience of financial services," said Greg Wolfond, 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 724 Solutions. "Today's `on-the-go' consumers and businesses want to have more flexibility in managing their finances. Claritybank.com delivers both choice and convenience through an innovative suite of online services that allow customers to bank on their own time, when, where and how they want, whether it's via a PC, mobile phone, pagers or Palm Pilots." 24/7/365 Understanding that superior service is vital to building an online community of customers, Claritybank.com has harnessed the power of the Internet to bring 24/7/365 access to its full range of banking and financial services, including account management, and B2B solutions with competitive pricing and rates in an easy-to-navigate, user-friendly site. Customers have more ways to access information and personalized help than any other bank, online or offline, through their PCs, instant messages, email, wireless devices, or by calling 1-888-Clarity, fax, or regular mail. Spanish-speaking customers have immediate access to bilingual customer service by utilizing any of these communications options. These communication capabilities make Claritybank.com an especially attractive financial solution for tech-savvy business travelers and mobile professionals. "Our power is the ability to efficiently utilize the assets of a large bank, while maintaining a level of customization and service that allows us to fulfill different financial needs for different people and situations," said Michael C. Szwajkowski, President and Chief Investment Officer of Claritybank.com. "We have built a solid platform from which we can expand and grow as our customer needs change and as the e-business marketplace continues to evolve." Fulfilling the Needs of Businesses and Consumers The company provides virtually every type of financing needed by New Economy businesses, from lines of credit and commercial real estate loans to innovative programs such as venture leasing. For example, Claritybank.com's venture leasing programs provide less established companies with highly customized equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
Moreover, the bank offers some of the most competitive rates on both savings and loan savings and loan n. a banking and lending institution, chartered either by a state or the Federal government. Savings and loans only make loans secured by real property from deposits, upon which they pay interest slightly higher than that paid by most banks. products. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. BanxQuote, Claritybank.com offers the highest one-year CD rate in the country. And the e-money market is 53% higher than the national average. Because of its Internet platform, Claritybank.com can efficiently guarantee single-family mortgage applicants the lowest rates in the country or approve a credit card application in as fast as three seconds. In meeting its commitment to fulfill the needs of individual consumers, Claritybank.com has designed a compelling consumer solution featuring a robust suite of products, including online bill payment, consolidated reporting and discount brokerage through ClarityDirect. Customers also benefit from MyClarity, a customizable and fully personalized user home page combining account information, free email, calendars, news, and real time stock market information. A virtual marketplace, ClarityMall, enables companies to sell their products and services online, and potentially enter into co-branding initiatives with a global audience, by opening up virtual storefronts. About Claritybank.com Claritybank.com is a leading Internet bank providing real-time, next-generation financial services to businesses and consumers. Founded by leading financial and technology professionals, Claritybank.com's mission is to deliver competitive banking and loan products through its website and national business lending offices, combined with best-of-breed customer service initiatives. Claritybank.com provides myriad services and features specifically tailored for emerging growth and New Economy business including equipment leasing, commercial real estate mortgages, SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government loans and general business loans. Claritybank.com is a national bank and wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Purchase (NY)-based Clarity Holdings, Inc., 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. funded by leading financial and technology investors. Claritybank.com is a fully insured member of the FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). . About 724 Solutions 724 Solutions provides an Internet infrastructure solution to financial institutions that enables them to offer personalized and secure on-line banking, brokerage and e-commerce services across a wide range of Internet-enabled wireless and consumer electronic devices. The Company's solution currently enables consumers to access on-line banking and brokerage services through network service providers using digital mobile phones, personal digital assistants, two-way pagers and personal computers. 724 Solutions' customers include Citigroup, Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. , Bank of Montreal “BMO” redirects here. For the mathematics competition, see British Mathematical Olympiad. Bank of Montreal/Banque de Montréal (TSX: BMO, NYSE: BMO) is Canada's fourth largest bank[1], and is classified as a Domestic Chartered Bank (Schedule I). and Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. . 724 Solutions common shares are listed on the NASDAQ (SVNX) and TSE (SVN) stock exchanges. Headquartered in Toronto, Canada, the company has offices in London, U.K., San Francisco, U.S., and Tokyo, Japan. For additional information visit www.724.com. |
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