Digital Insight Launches Prizm, the Internet Cash Management Solution for Financial Institutions.CAMARILLO Camarillo (kă'mərē`yō), city (1990 pop. 52,303), Ventura co., S Calif.; inc. 1964. It is the center of a fertile farm area where citrus fruits and flowers are grown. , Calif.--(BUSINESS WIRE)--April 22, 1998--Digital Insight Wednesday announced at FutureBank '98 (Booth No. 617) the official launch of its new Internet See Web 2.0 and Internet2. Cash Management system called PRIZM PRIZM Potential Rating Index for Zip Marketers (Claritas, Inc.) PRIZM Primal Zoo Machine (band) , a functionally complete commercial Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the service solution for financial institutions. Complementing Digital Insight's AXIS home banking technology, PRIZM elevates Digital Insight as a company providing both commercial and retail online banking solutions for financial institutions. "Providing remote banking services via the Internet to the underserved small to mid-sized business community is clearly the future of 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. delivery," said Souheil Badran, director of cash management for Digital Insight. "With Digital Insight's early market lead, dramatic growth and our ability to deliver, I am very excited about the opportunity that PRIZM will offer to our customers." PRIZM will offer a wide range of financial services to commercial customers of financial institutions. These services are affordable, easy to implement, operate compatibly within industry standards and are secure. The administrative functions will allow the customer to control who will have access to the system using enhanced security features. Balance reporting will empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems customers to view account balances and any current transactions processed, and reconcile their investment accounts. Book transfers allows customers to transfer funds between various accounts. Other services include stop payment placement and inquiry, file export, calculator calculator or calculating machine, device for performing numerical computations; it may be mechanical, electromechanical, or electronic. The electronic computer is also a calculator but performs other functions as well. and loan amortization tools, stock portfolios, e-mail capabilities, form processing and audit functions. With bill payment, customers can pay their vendors online, as well as schedule single and recurring re·cur intr.v. re·curred, re·cur·ring, re·curs 1. To happen, come up, or show up again or repeatedly. 2. To return to one's attention or memory. 3. To return in thought or discourse. payments. The company plans to rollout more services to its PRIZM system throughout 1998. This will include ACH (Automated Clearing House) A system of the U.S. Federal Reserve Bank that provides electronic funds transfer (EFT) between banks. It is used for all kinds of fund transfer transactions, including direct deposit of paychecks and monthly debits for routine payments to , wire services and foreign exchange. Digital Insight (www.diginsite.com) is a developer of real-time, Internet-based transaction services for financial institutions. The fast-rising Internet company developed AXIS, a Web-based home banking system for financial institutions. Along with Internet home banking services for more than 90 live and active financial institutions that equates to more than 125,000 customers banking online, Digital Insight provides Web site creation, maintenance and server-hosting facilities for more than 230 financial institutions throughout the country. Digital Insight was founded in 1995. EDITORS NOTE: Digital Insight is a trademark of Digital Insight. AXIS and PRIZM are a trademark of Digital Insight. All other trade or brand names mentioned herein are the property of their respective owners. CONTACT: Digital Insight Michele Hollenstein, 805/384-2250 ext. 297 micheleh@diginsite.com or Shandwick Convergence Matthew J. Basta, 310/201-8857 mbasta@shandwick.com |
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