Net.B@nk ([www.netbank.com]), the largest FDIC-insured bank operating solely on the Internet, announced today that it has upgraded its banking technology platform to better accommodate future growth and offer customers a wider range of new and improved services.
“As Net.B@nk continues to grow, we continue to improve and upgrade the bank’s service and delivery systems to better serve our existing customers and accommodate new ones,” said D.R. Grimes, CEO of Net.B@nk. “We believe it is imperative to provide the best systems architecture possible to maintain our status as a leading provider of consumer banking services on the Internet. Our technology partnerships with industry leaders like NCR, Edify and BISYS play a key role in helping us achieve this goal.”
In addition to providing an updated look for the bank, the new platform is easier to navigate and enables customers to request information and materials on-line. Account information provided to customers through Net.B@nk’s new platform is provided real-time, a feature not often found in Internet banking today. Other new features include formatted order screens that enable customers to order checks, deposit slips, envelopes and copies of cancelled checks. Online bill payment features have also been updated to display payment history and provide customers better status information on payments.
For customers looking to consolidate their personal finance statements, Net.B@nk’s new platform includes a Quicken(TM) Import Format (QIF), which allows customers to download their banking records into files for use with Quicken(TM) and Microsoft Money(TM). The new platform also offers customers hyperlinks to their accounts using a more traditional Windows(TM) web interface. For customers with multiple accounts, they can now assign nicknames to the accounts, making it easier to distinguish among accounts than with account numbers.
Net.B@nk’s new platform is based on Edify’s Electronic Banking System (EBS) application. NCR Corporation will be the host of the new banking platform and BISYS Group, Inc., will remain the bank’s core processing center.
NCR Corporation is a recognized world leader in scaleable data warehousing, self-service and store automation solutions for the retail, financial and communications industries and other select markets. NCR’s solutions are built on the foundation of the company’s long-established industry knowledge and consulting expertise, value-adding software, world-leading hardware technology, global customer support services and a complete line of consumable and media products. More information on NCR and its products can be found on the World Wide Web at [www.ncr.com].
Edify’s Electronic Banking System (EBS) is a comprehensive direct banking solution providing financial institutions the means to deploy personalized, content-rich electronic banking services via multiple access channels including the Internet, telephones and personal financial management software. Further information on Edify is available from [www.edify.com] or by calling 408-982-2000.
BISYS Group, Inc., supports more than 9,000 financial institutions and corporate clients through its integrated business units. BISYS provides technology outsourcing and check imaging applications and brokerage services to more than 1,000 financial institutions nationwide; distributes and administers over 60 families of mutual funds consisting of more than 900 portfolios; provides retirement plan services to over 7,000 companies in partnership with 30 of the nation’s leading bank investment management companies; and provides insurance distribution solutions, Internet/telephone marketing, enterprise-wide networking services, and loan/deposit product pricing research. More information is available at [www.bisys.com].
Net.B@nk, Inc., Member FDIC, has quickly become a leading Internet bank, offering checking, money market accounts and certificates of deposits with attractive interest rates. Net.B@nk has over 15,000 accounts and customers in all 50 United States and 20 foreign countries. The bank also offers Visa(R) and MasterCard(R) credit cards, online brokerage services, mortgage lending and business equipment leasing services. For more information on Net.B@nk, its products and services, visit the web site at [www.netbank.com], or call 888-256-6932.