Printer Friendly
The Free Library
14,558,467 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Sumx Provides Online Banking Services To TrustBank.


Business Editors

DALLAS--(BUSINESS WIRE)--June 7, 2000

Unique features and check imaging available to bank's

online customers

Sumx Inc., an in-house In-house

In the context of general equities, keeping an activity within the firm. For example, rather than go to the marketplace and sell a security for a client to anyone, an attempt is made to find a buyer to complete the transaction with the firm.
 electronic banking solutions provider, announced that TrustBank, a $125 million asset bank based in Olney, Ill., has licensed and successfully implemented SumxNet, Sumx's customizable in-house Internet banking system, to offer Internet banking services to its online customers. Sumx announced the implementation at the FutureBank(R) community banking products and services expo in Dallas.

SumxNet enables TrustBank customers to view cleared checks, pay monthly bills, reorder re·or·der  
v. re·or·dered, re·or·der·ing, re·or·ders

v.tr.
1. To order (the same goods) again.

2. To straighten out or put in order again.

3. To rearrange.

v.
 checks, make stop payment requests, view account details and running balances, transfer money between accounts, and download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer.  transactions to financial management software over the Internet.

TrustBank is utilizing SumxNet to offer its customers two unique online banking features, Account Watchdogs and Personal Accountant. Account Watchdogs electronically monitor customers' account balances and can be preset preset Cardiac pacing A parameter of a pacemaker that is programmed permanently when manufactured  to notify customers when a certain check clears or if balances fall below or rise above a specified amount. Personal Accountant enables customers to organize their finances by tracking income and expense totals directly through an online account.

"SumxNet was a perfect fit for TrustBank because it is designed to operate well with our Phoenix International core accounting system," said Janice Ellis, vice president and COO (Cell Of Origin) See mobile positioning.  of TrustBank. "In addition, we wanted to provide innovative features like Account Watchdogs and Personal Accountant, as well as check imaging, to our online customers, which Sumx's system enables us to do. Also important is that Sumx understands what we are trying to accomplish at TrustBank. I believe that both TrustBank and Sumx share a common vision of utilizing technology to improve banking services, and that our shared commitment will bring success."

"Each of our bank customers has individual needs and preferences in the design and functionality of their online banking systems and TrustBank was no different," said Bazile Lanneau, Jr., 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 Sumx. "There were specific features and details that TrustBank wanted for their online customers and SumxNet enabled them to offer those. TrustBank is dedicated to the use of innovative technology to provide excellent service to their customers and that is reflected in their online banking services."

Additional contact: Janice Ellis, vice president and COO, TrustBank, (800) 766-3451, Janice.ellis@trustbank.net.

About TrustBank

TrustBank is a $125 million asset community bank that has earned the reputation of being Southeastern Illinois' leader in introducing premier financial products. TrustBank is comprised of three individual branches in Olney, Ill., and one in Cisne, Ill.

For additional information about TrustBank, contact Janice Ellis at (800) 766-3451, via e-mail at Janice.ellis@trustbank.net, visit its Web site at www.trustbank.net, or write to: TrustBank, 600 East Main Street, Olney, IL 62450.

About Sumx

Founded in 1995, with offices in Madison, Mississippi Madison is a city in Madison County, Mississippi, USA. The population was 14,691 at the 2000 census.

In 2005, CNN/Money Magazine listed Madison as the 55th best place to live in the United States.
 and Dallas, Texas “Dallas” redirects here. For other uses, see Dallas (disambiguation).
The City of Dallas (pronounced [ˈdæl.əs] or [ˈdæl.
, Sumx provides installation, training and support for their customizable, in-house electronic banking solution, SumxNet, to financial institutions throughout 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. .

SumxNet's intelligent Web template system A Web template system describes the software and methodologies used to produce web pages and for deployment on websites and delivery over the internet. Such systems process web templates, using a template engine.  supports branding and multiple identities for consumer and commercial web sites as well as the delivery of customized marketing and cross-sell information. SumxNet features a strong transaction tracking and billing system and value-added features including check categorization, unlimited history depth, check image access and bill payment.

For more information on Sumx and SumxNet, visit the company's Web site at www.sumx.com, or write to: Sumx, 141 Executive Drive, Suite 5, Madison, MS 39110.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jun 7, 2000
Words:563
Previous Article:ContractorHub.com and Schneider Logistics Form E-Commerce Partnership; Shipping/Logistics Management to Enhance E-Procurement Service.
Next Article:CIC to Exhibit Palm and Windows CE Products At Symbol Developers Conference.



Related Articles
Dasibi Environmental Corp. (proxy report excerpts) (no full text - table only) (company profile)
PMC leads $200 million deal. (Pryor, McClendon, Counts mortgage-backed securities offering from Resolution Trust Corp.)
Sumx Announces Successful Implementation Of SumxNet At Millennium Bank.
New York City-Based Bank Audi USA Selects Sumx To Provide Internet Banking Services To Customers.
The Union Bank Announces Successful Implementation Of Sumx's In-house Internet Banking System.
Profits Abound At Local Firms.
Sumx Enhances Software Portfolio Through Acquisition of Assetrack Technology Assets.
An extended application of Factor Analysis in establishing peer groups among banks in Armenia.
The LABJ stock index: tracking 200 selected Los Angeles County-based companies.(Investments & Finance)(Illustration)
TrustBank Chooses Nexus Software's INvolve Distributed Client.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles