The Union Bank Announces Successful Implementation Of Sumx's In-house Internet Banking System.Business Editors NATCHEZ Natchez, city, United States Natchez, city (1990 pop. 19,460), seat of Adams co., SW Miss., on bluffs above the Mississippi River; settled 1716, inc. 1803. , Miss.--(BUSINESS WIRE)--March 29, 2001 Sumx Inc., an electronic banking solutions provider for the financial industry and a subsidiary of Britton Britton may refer to:
in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BKBK) (www.bkbank.com), announced the successful implementation of its 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. , 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 banking system, SumxNet, to provide Internet banking services to The Union Bank, a Marksville, La.-based community bank. Branded by The Union Bank as "Bonjour Apple's version of the Zeroconf (zero configuration) standard from the IETF. Used to automatically configure devices and discover services on an IP network, Bonjour is the most widely used implementation of Zeroconf. Banking," SumxNet provides The Union Bank's individual and business online customers with transaction tracking and billing, check categorization, unlimited history depth, check image access, bill payment and cash management services. The Union Bank went live with SumxNet in fall 2000 and 20 percent of the bank's customers are currently using the system for online banking. Through SumxNet, The Union Bank is also offering its online customers unique features such as Account Watchdog and Personal Accountant. Account Watchdog automatically monitors accounts and notifies customers of unusual activity and when balances fall below or rise above pre-set account balance levels. Personal Accountant enables The Union Bank customers to track income and expenses directly through their checking accounts as well as providing financial management tools. "What appealed to us most about Sumx's system was its user-friendliness and its ability to interface with our imaging system," said Timothy Lemoine People
"I believe that The Union Bank's successful implementation of SumxNet is a prime example of just what can be accomplished with a flexible, in-house Internet banking system," said Bazile Lanneau, Jr., 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 Inc. "The Union Bank's customers are receiving the superior service and online capabilities that, until SumxNet, was only available to customers of much larger banks. Sumx empowers banks of all sizes to provide customizable, feature-rich technology to their customers while still maintaining control over their customers data and The Union Bank's use of SumxNet exemplifies this." SumxNet eliminates banks' dependence on service bureaus by enabling them to incorporate their customer information directly into their Internet banking systems in-house. This frees banks to package and price their Internet banking offerings as they choose. SumxNet also features a transaction tracking and billing system, check categorization system, unlimited customer history depth, check image access and bill payment. About The Union Bank Founded in 1910, The Union Bank is a Marksville, La.-based community bank with just over $100 million in assets. Through its five branch locations, the bank provides personal, real estate, and mortgage loans, numerous checking and savings plans, check cards, imaged checks & statements, telephone banking plus many other services to its individual and business customers. For additional information about The Union Bank, please visit the bank's Web site at www.union-bank.com. About Sumx Founded in 1995, with offices in Madison Madison, cities, United States Madison. 1 City (1990 pop. 12,006), seat of Jefferson co., SE Ind., on the Ohio River; settled c.1806, inc. 1838. It is a port of entry and a tobacco marketing center. , Miss. 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 was originally developed for Britton & Koontz First National Bank, Natchez, Miss. (Nasdaq: BKBK). 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, write to: Sumx, 141 Executive Drive, Suite 5, Madison, MS 39110, or visit the company's Web site at www.sumx.com. |
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