National Bank & Trust Chooses Next-Generation Banking Technology from ITI Unit of Fiserv.LINCOLN, Neb. -- National Bank & Trust has chosen the Information Technology, Inc. (ITI (Information Technology Industry Council, Washington, DC, www.itic.org) Formerly the Computer and Business Equipment Manufacturers Association (CBEMA), founded in 1916. ITI is a membership organization composed of approximately 30 large high-tech companies. ) unit of Fiserv, Inc. (Nasdaq:FISV FISV Fiserv, Inc (stock symbol) ) as its new banking technology partner. Headquartered in Wilmington, Ohio For other places with the same name, see Wilmington (disambiguation). Wilmington is a city in Clinton County, Ohio, United States. The population was 11,921 at the 2000 census. It is the county seat of Clinton County. , the $665 million financial institution credited ITI's scalable, integrated suite of products and services as the primary reason behind its decision. "Our old core system provider handled our teller and platform systems, but used separate, third-party products for item processing, Internet banking and telephone banking," said Craig Fortin, National Bank & Trust Senior Vice President & CFO See Chief Financial Officer. . "That hampered our efficiency ratio, especially whenever we had an issue with one of the systems. We wanted everything under one umbrella, so we turned to ITI to help us streamline operations." National Bank & Trust currently offers a broad range 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. through its 18 Ohio locations. "With ITI's seamless solutions and real-time capabilities, we'll not only save time and money, but deliver greater customer satisfaction," said Fortin. Offering account management, platform and teller, e-commerce, document management and business intelligence solutions, ITI's Premier system expands the traditional definition of a "core solution" by incorporating vast amounts of customer data within a seamlessly integrated and comprehensive product suite. A new browser-based user interface and advanced architecture drive an array of industry leading features and functionality, combined with new and powerful tools that significantly enhance a bank's ability to respond to customers and cross-sell effectively. "We credit much of our industry-wide popularity to a renewed desire to associate with a stable and experienced technology partner, one that offers flexible products and profitable services that address banking's challenges, both today and tomorrow," explained Kurt Kuhl, ITI Senior Vice President. "National Bank & Trust can expect to add value to their customers' experience, and more satisfied customers contribute to any organization's bottom line. ITI is looking forward to a long and very effective partnership." National Bank & Trust is a 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 NB&T Financial Group, Inc., and offers a broad and growing range of financial products and services to small businesses, agriculture, trust customers and individuals. It operates 18 full-service branch offices and an insurance agency, and can be found on the Internet at www.nbtdirect.com. Information Technology, Inc. (ITI), a subsidiary of Fiserv, Inc. (Nasdaq:FISV), provides America's bankers an extensive array of technology solutions and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for core accounting, relationship management, teller and platform automation, Internet banking, account aggregation Account aggregation is a method that involves compiling information from different accounts, which may include bank accounts, credit card accounts, investment accounts, and other consumer or business accounts, into a single place. , e-commerce solutions for business and consumers, business intelligence, imaging and document management. A comprehensive suite of planning, installation, support, training, analysis and consulting services supports all technology solutions. Founded in 1976 and headquartered in Lincoln, Nebraska The City of Lincoln is the capital and the second most populous city of the U.S. state of Nebraska. Lincoln is also the county seat of Lancaster County and the home of the University of Nebraska. , Information Technology has grown to include its subsidiaries Precision Computer Systems (PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. ) and eSolutions, as well as partnerships with some of the best-known technology companies in the world. ITI can be found on the Internet at www.itiwnet.com. Fiserv, Inc. (Nasdaq:FISV) provides industry leading information management systems and services to the financial industry, including transaction processing, outsourcing, business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in and software and systems solutions. The company serves more than 15,000 clients worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance companies and agents, self-funded employers, lenders and savings institutions. Headquartered in Brookfield, Wisconsin, Fiserv reported $2.7 billion in processing and services revenues for 2003. Fiserv can be found on the Internet at www.fiserv.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion