Corillian and NCR Partner to Meet the Online Banking Needs of Community Banks and Credit Unions.Business Editors/High-Tech Writers PORTLAND, Ore. & DAYTON, Ohio--(BUSINESS WIRE)--Nov. 19, 2003 Partnership Builds on Success to Deliver Comprehensive Solution to Address Under-Served Markets Corillian Corp. (Nasdaq:CORI), the top provider of online banking solutions to leading financial institutions, and NCR Corporation (company) NCR Corporation - Electronics company mainly active in the midrange server market. NCR was founded 1884 as National Cash Register Company. It joint the computer industry in th 1950s. (NYSE NYSE See: New York Stock Exchange :NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers ) today announced a joint online banking solution specifically designed to meet the needs of the community bank and credit union markets. This announcement represents an expanded agreement that builds upon the joint success that Corillian and NCR share in successfully delivering integrated online banking solutions and services to leading financial institutions. The new solution leverages the capabilities of the industry-leading Corillian Voyager Voyager, airplane Voyager, the first airplane to circumnavigate the earth nonstop on a single load of fuel. Designed by Burt Rutan and flown by Dick Rutan and Jeana Yeager, Voyager took off from California on Dec. online banking platform and its applications supporting multiple lines of business, including consumer banking, small business banking and cash management. NCR will serve as a preferred reseller An organization that sells hardware and software to the general public. Resellers purchase products from software publishers and hardware manufacturers. for the Corillian Voyager platform and host the solution in its state-of-the-art eCommerce operations centers The facility or location on an installation, base, or facility used by the commander to command, control, and coordinate all crisis activities. See also base defense operations center; command center. . The joint solution will deliver a rapidly deployable, comprehensive online banking solution to meet the needs of the under-served community bank and credit union markets. In addition, this expanded agreement leverages NCR's commitment of service to community banks and credit unions -- including literally hundreds of established relationships in these markets. The Corillian/NCR partnership will bring this best-in-class online banking functionality together with comprehensive integration and hosting services to community banks and credit unions that are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a rapidly deployable, cost-effective online banking solution. "We are excited to build on the success we've had with NCR to deliver an integrated solution to the community bank and credit union market," said Alex Hart, president and 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 Corillian. "Many of these financial institutions are looking for ways to stay competitive and deliver innovative online 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. , but they lack the capability to provide these services to their customers. This expanded partnership with NCR will bring the proven capabilities of the Corillian Voyager platform to a market that has historically not had access to our state-of-the-art online solutions. NCR's world-class services make them the ideal partner to deliver this joint solution to this market." "NCR is very excited to deliver the power and scalability of the Corillian Voyager consumer and business banking platform in a cost effective, affordable solution package. We feel the combination of Voyager along with NCR's value add eCommerce capabilities and self service expertise will deliver a superior solution to community banks and credit unions," said Greg Hanson, NCR e-Commerce solutions general manager. About Corillian Corporation Corillian is the top provider of online banking solutions to leading financial institutions. Empowered with Corillian solutions, some of the world's most visionary financial institutions provide their customers with the tools to manage their finances more effectively. Corillian's solutions are unmatched in reliability and performance, and successfully scale at some of the world's largest financial institutions. Corillian's proven solutions enable financial institutions to deliver innovative services enterprise-wide, across multiple delivery channels and multiple lines of business. The Corillian Voyager platform provides secure and scalable account access and transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. for a wide variety of applications built by Corillian's expert software developers, by Corillian-certified partners, and by the in-house development organizations of some of the world's best financial institutions. For more information about Corillian Corporation, visit the company's Web site at http://www.corillian.com. About NCR Corporation NCR Corporation (NYSE:NCR) is a leading global technology company helping businesses build stronger relationships with their customers. NCR's ATMs, retail systems, Teradata(R) data warehouses and IT services provide Relationship Technology(TM) solutions that maximize the value of customer interactions. Based in Dayton, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873. , NCR (www.ncr.com) employs approximately 29,300 people worldwide. NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and other countries. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion