CCMC and First Data Direct Banking have joined forces to sell the industry-leading NetPrecision Home Banking and Card Services programs, the two firms announced Thursday.
CCMC Inc. is an information technology consulting firm that focuses on providing technology solutions for community banks. The agreement is CCMC’s first partnership with another bank technology vendor.
“This is a natural partnership, combining CCMC’s extensive knowledge of the banking industry, experience with leading-edge technology and its focus on branch banking with First Data Direct Banking’s Internet banking products,” said David Willis, president of CCMC. “It provides us with a key tool necessary to assist community banks in maintaining their competitive position.”
Internet banking “is rapidly becoming a required extension of the branch environment,” according to Willis. “The use of dial-up software for home banking is being replaced by Internet connections that offer a full array of functions for the bank’s customers. Internet banking systems are the next evolution in branch automation, and will be as vital as the teller and CSR,” he predicted.
“We are excited to welcome CCMC into the First Data Direct Banking Partners program,” said Randy Kahn, President of First Data Direct Banking. “The combination of CCMC’s existing banking technology solutions and NetPrecision Internet services offers banks a complete arsenal for competing in tomorrow’s technology-driven financial services marketplace.”
CCMC selected First Data Direct Banking after reviewing several Internet banking providers. “NetPrecision offered the best functionality of any of the products available,” Willis said. “We believe First Data Direct Banking has the experience and the staying power to outlast the young software and Internet companies that currently populate the market.”
A significant factor in the decision was First Data Direct Banking’s ongoing commitment to the security of its Internet services, Willis said. In May, the company became the first financial services provider to earn Web Host Compliant certification from the International Computer Security Association, an independent agency that audits and verifies network security.
First Data Direct Banking Partners Program members have been particularly successful marketing the NetPrecision 30/30 Home Banking product, which offers a fully functional, scalable and completely branded web site in 30 business days. The 30/30 product, which can be customized to include any features or functions desired, has proved popular among community banks because of its affordability and speed to market. To date, more than 40 financial institutions have chosen NetPrecision as their Internet banking and credit card platform.
CCMC is an information technology consulting firm dedicated to helping banks implement leading-edge technologies to solve real-life, mission-critical business issues. CCMC provides technology consulting services to financial institutions and industry vendors, including strategic technology planning, technology integration, custom solutions and educational services. The company has developed solutions for branch automation environments, including teller functions, account opening functions, sales management functions and referral processing. Founded in 1994, CCMC has headquarters in Altamonte Springs, Fla. For further information about CCMC, please visit the company on the Internet at [www.ccmcinc.com].
About First Data Direct Banking
First Data Direct Banking builds and hosts customized Internet financial service solutions for financial institutions of all sizes.
Using the NetSpeed process, financial institutions can have fully functional, branded web sites up and running in just 30 business days with the NetPrecision system.
Los Angeles-based First Data Direct Banking ties leading-edge online financial services partnerships and template, custom-built or existing web sites into transaction processing provided by electronic payments processing leader First Data Corp.
Direct Banking can be found on the World Wide Web at [www.netprecision.com].
Hackensack, N.J.-based First Data Corp. is a global leader in payment systems, electronic commerce and information management products and services. First Data and its principal operating units process the information that allows millions of consumers to pay for goods and services by credit, debit or smart card at the point of sale or over the Internet; by check or wire money. For further information about First Data, please visit the company on the Internet at [www.firstdatacorp.com].