First American Bank Selects ORCC’s Architect Digital Banking Platform and Bill Pay Services
05 Novembre 2012 - 3:00PM
Business Wire
Online Resources Corporation (NASDAQ: ORCC), a leading provider
of financial technology services, today announced that
Illinois-based First American Bank ($2.9 billion in assets)
selected ORCC’s Architect digital banking solution and bill payment
services to augment its robust set of full-service banking
services.
With 49 Chicago-area branches, First American Bank will use
ORCC’s Architect solution to provide its customers a highly
intuitive, personalized user experience that adapts to user
behavior and preferences. The bank will also be able to offer its
customers new advanced functionality for services such as online
account opening, personal financial management, one-to-one
marketing, and social media integration. With Architect’s
extensible platform, First American Bank will have full control of
the platform to easily add or develop new features as trends or
needs emerge and user adoption increases.
“At First American Bank, we pride ourselves on offering
outstanding service to achieve long-term relationships with
customers,” said Eduardo Monteagudo, executive vice president of
First American Bank. “By selecting ORCC, we aim to maintain that
commitment and provide our customers with a truly superior digital
banking experience to meet their current and future financial
needs.”
ORCC’s Architect solution integrates seamlessly with its banking
bill payment solution, where it has been serving community banks
and credit unions as an industry leader for more than 15 years.
ORCC has connections to core processors and ATM networks that
provide real-time access to more than 90 percent of checking
accounts in the United States and to the 9,000+ domestic biller
endpoints within ORCC’s Biller Endpoint Network.
“First American Bank has a strong reputation for serving the
Chicago banking community with personalized care and user-friendly
solutions,” said Eric Labiak, chief sales officer for ORCC. “With
ORCC’s Architect solution and bill payment services, we are proud
to help First American Bank continue its long tradition of offering
the most innovative, leading-edge banking solutions to its
customers.”
ORCC’s digital banking and bill payment services enable higher
electronic rates, faster payment speed, and a consistent payment
process for its clients and their end users.
About Online Resources Corporation
Online Resources Corporation (NASDAQ: ORCC) powers financial
interactions between millions of consumers and the company’s
financial institution and biller clients. Backed by its proprietary
payments gateway that links banks directly with billers, the
company provides web and phone-based financial services, electronic
payments, and marketing services to drive consumer adoption.
Founded in 1989, ORCC is the largest financial technology provider
dedicated to the online channel. For more information, visit
www.orcc.com.
This news release contains forward-looking statements based on
Online Resources Corporation management's current expectations and
beliefs and a number of assumptions concerning future events made
with information that is currently available. The words "will,"
"would," "may," "should," "estimate," "project," "forecast,"
"intend," "expect," "believe," "target," "designed," "plan," and
similar expressions are intended to identify forward-looking
statements. Readers are cautioned not to place undue reliance on
such forward-looking statements, which are not a guarantee of any
results or performance and are subject to a number of known and
unknown risks, uncertainties and other factors which could cause
actual performance or results to differ materially and adversely
from any results or performance expressed or implied by such
forward-looking statements. Certain factors that might cause such a
difference include, but are not limited to: a history of losses and
anticipation of future losses; potential fluctuations in operating
results; dependence on the marketing efforts of third parties;
potential loss of one or more material clients; potential need for
additional capital; potential inability to prevent systems failures
and security breaches; potential inability to expand certain
services and products in the event of a substantial increase in
demand for such services and products; competitive pressures;
ability or inability to attract and retain skilled personnel;
reliance on patents and other intellectual property; potential
change in the rate of user adoption of certain products and
services; exposure to consolidation in the financial services
industry; and government regulatory developments. For a more
detailed description of the factors that could cause such
differences, readers are advised to review Online Resources
Corporation’s latest filings with the Securities and Exchange
Commission, including (but not limited to) the information provided
under the heading "Risk Factors" in our latest Annual Report on
Form 10-K (which filings are available, among other places, from
the SEC's EDGAR database at www.sec.gov and via the Company's
website at www.ORCC.com). Online Resources assumes no obligation
to, and expressly disclaims any obligation to, update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Online Resources, ORCC and the Online Resources logo are
trademarks of Online Resources Corp. Other company and product
names and logos used in this release are the trademarks of their
respective owners.
Online Resources Corp. (MM) (NASDAQ:ORCC)
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