 |
1998 Press Releases
Cash Management
|
FOR IMMEDIATE RELEASE
| Contacts: |
Robert Donner
Director, Commercial Products
(770) 209-4460, ext. 227
rdonner@banking.com
|
nFront™ Launches New Internet Cash Management Solution for Community Bank Commercial Market
ATLANTA, December 1, 1998 - nFront™, the leading provider of Internet banking services for community banks, today announced the release of nBusiness™, an Internet Cash Management solution for the community bank commercial market.
"nBusiness is a powerful tool for community bankers that provides them with the capability to offer Cash Management services that compete with those of the largest 100 banks," said Tripp Rackley, Chairman and CEO of nFront. "This ability is invaluable to a bank's Internet channel because it offers them a vehicle to promote services to their lucrative commercial accounts and increase revenue generating transactions."
Now small business owners can better manage their finances using the nBusiness product - features include the ability to:
- view account balances
- initiate book transfers
- initiate wire transfers
- stop payments
- initiate electronic tax payments
- initiate ACH disbursements and drafts
- pay bills electronically
Through the Internet, small business customers can create specialized access for their employees, each with differing permissions, or end user passwords. In fact, the integrated suite of business functions, coupled with the customized permission structure, is ideal for external communication between the company and it's business partners such as accountants.
"nFront continues to distinguish itself as the leader in Internet banking" continued Rackley. "By successfully integrating cutting-edge technologies into nBusiness, we provide community bankers with the most complete solution offered to institutions in the industry today."
Rackley stated that nFront is very pleased with nBusiness and is currently beta testing the Cash Management product with several financial institutions.
According to Bob Oliver, President of Premier Bank, Atlanta, Georgia, "nFront has a terrific solution to Internet Cash Management. "I like the ability to attract and retain commercial accounts by offering them immediate, 24-hour access to all their banking needs, including 24 months of historical records that we couldn't offer any other way.
The dynamics of our commercial customer base have changed over the years, but the fundamentals of Cash Management have not. nFront has made the essentials of Cash Management easily accessible and affordable to our commercial account holders and gives us the ability to offer a premium technology."
About nFront
Founded in 1996, nFront (www.nfront.com) is the leading provider of full-service Internet banking solutions designed specifically for the community bank market and winner of Microsoft Corporation's Best Internet Banking Solution Award. Atlanta-based nFront provides turnkey solutions offering development and implementation services, Internet transaction processing, web site design, maintenance and hosting, customer service, training and support, marketing consulting, brand management, and more. For more information, contact nFront at 520 Guthridge Court, NW, Suite 100, Norcross, Georgia 30092; or call 770-209-4460.
