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1999 Press Releases
ABA Exclusive Endorsement
for Internet Banking |
Contact:
Kelly Harviel
Director, Marketing Communications
nFront, Inc.
770.209.4460, ext. 265
kharviel@banking.com
Ernie Buday
Senior Account Executive
Ketchum Crescent
404.287.2000, ext. 186
ebuday@crescomm.com
nFront Awarded ABA Exclusive Endorsement for Internet Banking nHome™ and nBusiness™ "Best in Class"
ATLANTA, June 15, 1999 - nFront™, Inc., the leading provider of full-service Internet banking solutions for community banks and winner of Microsoft Corporation's Best Internet Banking Solution Award, announced today it has received the American Bankers Association's (ABA) Exclusive Endorsement for Internet Banking.
The ABA endorsement, issued by the Corporation for American Banking (CAB), an ABA subsidiary, was awarded to nFront after an extensive review of Internet banking solutions for community banks. The review was performed by the ABA in conjunction with Gomez Advisors, a respected independent authority on the Internet delivery of consumer products and services. The ABA's endorsement is highly competitive, with only a handful of companies ever receiving the exclusive honor.
"Our charge was to identify the best in class provider of Internet banking services, which we found in nFront," said John Wolff, managing director and secretary of CAB. "The ABA endorsement carries with it our confidence that nFront's products and services have been thoroughly researched, tested and approved by bankers to support the industry's dynamic needs."
The ABA endorsement process seeks top-quality, national providers of bank products and services that help banks meet competitive, efficiency and growth challenges. ABA selected nFront's Internet banking solutions based on its in-depth analysis of the company's management strength, financial soundness, solution functionality, marketing capabilities and customer service standards. Of the industry's top providers, the CAB's evaluation team named nFront "best in class."
"Winning the exclusive ABA endorsement for Internet banking is a great honor and validation of the Internet banking solution that we provide for America's community banks," said Tripp Rackley, chairman and CEO of nFront. "But more importantly, the ABA has demonstrated its conviction that Internet banking has arrived for community banks. The strong voice of the ABA is saying, 'Now community banks have a pragmatic way to tap into the benefits of this rapidly emerging area of customer service.'"
nFront's nHome™ and nBusiness™ Internet banking solutions offer reliability, scalability and ease of use for both end users and bank operations staff. In addition to full Internet banking and cash management functionality, nFront's leading-edge technology offers community financial institutions of all sizes a valuable sales and marketing tool by allowing the bank to capture and mine valuable customer data on a secure platform for customer-specific marketing. nHome and nBusiness are the only "fat server" Internet banking solutions designed specifically for the community bank market.
About CAB
The Corporation for American Banking (CAB), a subsidiary of the American Bankers Association (ABA), was chartered in 1982 and activated in 1988 to provide special products and services to ABA members on a national basis. All of CAB's products and services are managed by a board of directors, representing ABA member banks of various asset sizes, with additional guidance provided by several advisory groups comprised of both bankers and state association executives.
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About ABA
The American Bankers Association (ABA) brings together all categories of banking institutions to best represent the interests of this rapidly changing industry. Its membership, which includes community, regional and money center banks and holding companies, as well as savings associations, trust companies and savings banks, makes the ABA the largest banking trade association in the United States.
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About nFront
Atlanta-based nFront, Inc., (http://www.nfront.com), is the preferred provider of Internet banking services as exclusively endorsed by the American Bankers Association (ABA). Winner of Microsoft's Best Internet Banking Solution Award, the company offers fully transactional online banking development and implementation, Web site design, maintenance and hosting, customer service training and support, and marketing consulting services.
