Desert Schools Federal Credit Union Expands Relationship with Corillian -- Licenses Corillian's Voyager 3.0; Upgrade to Corillian Voyager 3.0 Includes Small Business Banking.Business Editors/Technology Writers PORTLAND, Ore.--(BUSINESS WIRE)--Feb. 3, 2003 Corillian Corp. (Nasdaq:CORI), a premier provider of enterprise software and services 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, today announced that Desert Schools Federal Credit Union, a $1.7 billion credit union located in Phoenix, Ariz., has expanded its relationship with Corillian by licensing the latest version of Corillian's 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. Internet banking platform -- Corillian Voyager 3.0. Corillian Voyager 3.0 will provide Desert Schools' more than 225,000 members with enhanced Internet banking, bill payment capabilities and a new look and feel to Desert Schools' "ePAL" online banking service at https://epal.desertschools.org/. Desert Schools also licensed the Corillian Business Finance Suite to provide innovative Internet banking services to its small business banking members. "We had met the initial growth goals we set out to achieve in the online channel with our original investment in Corillian, but with the increase in our online member base and their demand for enhanced functionality, we knew we needed to take our investment to the next level," said Ron Amstutz State Senator Ron Amstutz, of Wooster, Ohio, is an American politician of the Republican Party. He was first elected to the Ohio Senate in 2000, after serving in the Ohio House of Representatives for 20 years. , chief information officer of Desert Schools Federal Credit Union. "The success we've had with the Corillian Voyager platform made it an easy choice to upgrade to Corillian Voyager 3.0. With the new platform we will have a more user-friendly service for our members, enhanced bill payment capabilities that will allow us to more heavily market bill payment to our members, an online vehicle for our members to perform small business transactions with us, increased scalability for our continued growth and the flexibility to incorporate new functionality that we haven't had before. We are excited to unveil the new services on Corillian Voyager 3.0 to our members." Built on the high-performance Microsoft(R) Windows(R) 2000 platform, the open architecture of Corillian Voyager 3.0 ensures that financial institutions can seamlessly incorporate the latest emerging enterprise banking technology available: Internet banking, bill delivery and payment, linear scalability and increased authorization The right or permission to use a system resource; the process of granting access. See access control. and authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC. (2) Verifying the identity of a user logging into a network. services, such as single sign-on An identification system that lets users log into multiple Web sites on the Internet with one username and password. Single sign-on systems are also used within an enterprise, enabling users to access all authorized resources in the local network using the same username and password. , off-host user authentication See authentication. and user entitlement An individual's right to receive a value or benefit provided by law. Commonly recognized entitlements are benefits, such as those provided by Social Security or Workers' Compensation. management. Leveraging other Microsoft technologies like the .NET framework, SQL Server An earlier relational DBMS from Sybase and from Microsoft. Sybase introduced SQL Server in 1988 for various Unix versions. In that same year, with help from IBM, Sybase created an OS/2 version that Microsoft licensed and branded as Microsoft SQL Server. 2000, Windows 2000 Advanced Server and integrated clustering services, Corillian Voyager 3.0 gives financial institutions a scalable, flexible and reliable foundation to meet their enterprise banking requirements. "Desert Schools Federal Credit Union's decision to upgrade to Corillian Voyager 3.0 is the latest by many of our customers, who are seeing the value in the added flexibility and functionality within Corillian Voyager 3.0," 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. "We're extending our relationship with Ron and his team in a way that both enhances the retail banking service they currently provide to their members and extends their investment in the Corillian Voyager platform to other lines of business and new customer segments. Small business products and services are an increasingly important part of the Desert Schools value proposition, and the Corillian Voyager 3.0 platform will enable them to provide a world-class online experience across even more lines of business and lay the groundwork for creating a truly integrated multi-channel delivery system." About Desert Schools Federal Credit Union Established in 1939, Desert Schools provides competitive financial products and efficient quality service to its members. With assets of over $1.7 billion, the Credit Union has twenty-two offices located throughout Maricopa County, Arizona Maricopa /ˌmɛ.ɹəˈko.pə/ County is located in the central part of the U.S. state of Arizona. . For more information, visit Desert School's web site at http://www.desertschools.org. About Corillian Corporation Corillian is a premier provider of enterprise software and services for the financial services industry. 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. Built on the Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. 2000 Server family, .NET enterprise servers, and the .NET framework, Corillian's solutions are unmatched in reliability and performance, and successfully scale at some of the world's largest financial institutions. More than nine million people, over 25 percent of America's online banking population, manage their finances using Corillian software. 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 and Corillian Voyager SE platforms provide 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 and Corillian-certified partners. For more information about Corillian Corporation, visit the company's Web site at http://www.corillian.com. |
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