Open Solutions Announces Seven New Financial Institution Clients to Install e-Commerce Banker for Internet Banking and Cash Management.Business Editors
GLASTONBURY, Conn.--(BUSINESS WIRE)--Aug. 4, 2003
Current Customers Add Fraud Prevention, ACH and Electronic Statements
The e-Solutions Group, a provider of comprehensive Internet banking and cash management solutions and a strategic business unit of Open Solutions Inc., announced seven new contracts with the e-Commerce Banker(TM) (e-CB) product suite. In addition, nine institutions already using the e-CB suite of products purchased add-on modules.
Mike Middleton, 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 Community Bank of Tri-County in Waldorf, Maryland Waldorf is an unincorporated community in Charles County, Maryland. It is SSE of Washington DC. The population was 22,311 at the 2000 census (but more realistically 70,000 - 75,000 - see note below). , said, "The e-Solutions Group platform opened a world of service opportunities for us from new product rollout to bolstering our effectiveness at the point of sale. Expanding our cash management and electronic commerce offering was always a part of our strategic plan and the e-Commerce Banker application allows us to leverage opportunities with small businesses that are presented from our retail banking activities. With The e-Solutions Group, we are using technology to build on what we have always had."
Other institutions that purchased the e-Commerce Banker solution in the second quarter of 2003 include Roxborough-Manayunk Bank in Philadelphia, PA; Farmer's & Merchants Bank of Rockford in Spokane, WA; La Capitol Federal Credit Union in Baton Rouge Baton Rouge (băt`ən rzh) [Fr.,=red stick], city (1990 pop. 219,531), state capital and seat of East Baton Rouge parish, SE La. , LA; First Federal Savings Bank Noun 1. federal savings bank - a federally chartered savings bank
savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks of Champaign-Urbana, IL; First National Bank of Suffield in Suffield, CT and AimBank Littlefield in Littlefield, TX.
"e-Commerce Banker is a key tool for progressive financial institutions," said David Mitchell David Mitchell may refer to:
"The variety of financial institutions contracting for the various modules of the e-Commerce Banker product suite continues to confirm that e-Commerce Banker is a flexible, market driven solution. We're pleased that The e-Solutions Group is able to assist both our client banks and credit unions in achieving their online retail and cash management objectives," said Marcell King, Vice President of Sales for The e-Solutions Group.
Open Solution's e-Commerce Banker(TM) is a secure and scalable Web banking solution that offers a financial institution's business and retail customers convenient access to their account information and transaction initiation needs 24 hours a day, seven days a week. Account holders can use any basic Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. to access up-to-the-minute transaction history and balances, initiate bill payments, issue stop payments and transfer funds. Furthermore, business banking clients can use the strong cash management features of the solution to originate ACH transactions, initiate wire transfers, or manage positive pay files from any computer with Internet access See how to access the Internet. .
Financial institutions already using e-Commerce Banker and selecting additional modules such as the e-Commerce Banker: Cash Management suite, Positive Pay, e-Statements, Intra-day reporting, QuickBooks interfaces, check image display include The National Bank of South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures
Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. in Sumter, SC; NewMil Bank in New Milford New Milford.
1 Town (1990 pop. 23,629), Litchfield co., W Conn., on the Housatonic River; inc. 1712. Situated in a dairy region, its manufactures include paper products and electronic equipment. , CT; Evangelical Christian Credit Union in Anaheim, CA; American Bank in Allentown, PA; South Valley Bank & Trust in Klamath Falls Klamath Falls, city (1990 pop. 17,737), seat of Klamath co., SW Oreg., at the southern tip of Upper Klamath Lake; inc. 1905. It is the processing and distribution center of a lumber, livestock, and farm area. , OR; State National Bank Big Spring in Big Spring, TX; Illinois State Police Federal Credit Union in Springfield, IL and MWABank of Rock Island, IL.
About The e-Solutions Group
The e-Solutions Group (e-SG), a strategic business unit of Open Solutions Inc., provides Web-based solutions for financial institutions. More than 100 community banks and credit unions take advantage of e-SG's product line that includes Internet banking, Web Cash Management, 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. and a portal platform. All solutions are modular, flexible and designed to keep financial institutions competitive and profitable.
About Open Solutions
Open Solutions Inc. offers a fully featured strategic product platform that integrates core data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a applications, built on a single centralized Oracle relational database, with Internet banking, cash management, electronic commerce, imaging, financial accounting and loan origination solutions. OSI's full suite of products and services is designed to allow banks, savings institutions and credit unions to better compete in today's aggressive financial services marketplace, expand and tap their trusted financial relationships, client affinity, community presence and personalized service.
For more information about Open Solutions, or its financial product line, contact Mickey Goldwasser
Danziger Goldwasser (German: Gold water of Danzig at 860.652.3153, via fax at 860.652.3156, or email firstname.lastname@example.org. Visit OSI's Internet site at www.opensolutions.com.