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1999 Press Releases
Investment Research
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Contact:
Kelly Harviel
nFront, Inc.
(770) 209-4460, ext. 265
kharviel@banking.com
nFront™ TO PROVIDE INVESTMENT RESEARCH AND FINANCIAL CONTENT TO CLIENT BANKS
Atlanta, Feb. 22, 1999 --- nFront™ the leading provider of Internet banking software for the community bank market, announced today a partnership with Zacks Investment Research (www.zacks.com) to provide a value-added service to financial institutions using nHomeSM; nFront's Internet based retail banking product. Information available to the bank's end-user will consist of company descriptions, analyst recommendations, annual income statement and balance sheets, EPS surprises and earning estimates. Bank customers will also have access to additional Zacks Investment Research information such as chart analysis, stock market quotes and earnings estimates.
"This value-added service levels the playing field for community banks and allows them to take the first step toward offering online brokerage services," commented Tripp Rackley, chairman and CEO of nFront. "Our alliance with Zacks will allow community banks to compete with larger financial institutions and retain valuable customer relationships by offering this service."
For a financial institution, the benefits include the ability to provide revolving data that potentially brings the customer back to the web site several times daily. Frequent visits to the bank's web site promote customer retention and loyalty and provide the bank increased opportunity to deepen the relationship with the customer.
Zacks
Since 1978, Zacks has been the premier provider of investment research to institutional investors, individual investors, financial web sites, Internet newspapers and online magazines. Each year 230 U.S. brokerage firms provide Zacks with over 300,000 equity research reports produced by over 3,000 analysts covering more than 6,000 stocks. Zacks summarizes this massive amount of brokerage research into user-friendly research reports included within Internet based turnkey solutions.
Zacks earnings estimates, analyst recommendations, and fundamental research reports can be found on the Top 5 online brokerages, as ranked by Gomez Advisors, as well as the Internet's most popular web sites including: Yahoo, Microsoft Investor, America Online, CNNfn, Wall Street Journal, Wells Fargo, E*Trade, Discover Brokerage, DLJ, and over 500 other sites.
nHome
nHome, nFront's Microsoft NT-based Internet banking application, enables banking customers to open new accounts, apply for loans, view account balances and histories, pay bills, transfer funds, download images of cleared checks, customize reports, and download active statements into personal financial management packages at anytime, from any location, using any browser-enabled device such as personal computers and televisions. From the bank's perspective, nHome allows the bank to expand its reach to a broader market, primarily composed of the most profitable banking customers, while taking advantage of the least expensive delivery channel available today.
nFront
Founded in 1996, nFront, Inc. (www.nfront.com) is the leading provider of full service Internet banking solutions for community banks. Based in Atlanta, GA, nFront provides a turnkey solution offering development and implementation services, web site design, maintenance, and hosting, customer service training and support, and marketing consulting. nFront also is the recipient of Microsoft's Retail banking Industry Solution Award for Best Internet banking Solution.
