Hancock Bank Launches InteliData's Bill Payment Suite
RESTON, Va., Aug 23, 2001 (BUSINESS WIRE) -- InteliData Technologies Corp. (NASDAQ:INTD) announced today that Hancock Bank (NASDAQ:HBHC) has successfully launched InteliData's Interpose Bill Payment Suite™ in an ASP environment.
The Interpose Bill Payment Suite is an end-to-end bill payment solution including InteliData's Interpose Payment Warehouse™ and Interpose Web Interface™.
Hancock Bank, part of the $3.4 billion Hancock Holding Company, now offers bill payment to its customers with access to biller account information, the ability to schedule one time and recurring bill payments and download bill payment information to a Personal Finance Manager (PFM) desktop applications such as Intuit® Quicken, Intuit® QuickBooks and Microsoft® Money.
Hancock Bank will also be able to internally process bills paid to the Bank, by passing third party electronic remittance providers.
"We are providing our clients with a full-function, Internet bill payment solution, today," said Jeff Theiler, Senior Vice President of Alternative Delivery at Hancock Bank. "While many banks are still searching for their Internet bill payment solution Hancock is already live and signing up customers.
"InteliData's outsourced Interpose product suite affords Hancock the flexibility, reliability and scalability they require to provide an unparalleled interactive bill payment offering to their customers," said Al Dominick President and CEO of InteliData.
About InteliData Technologies
InteliData (NASDAQ:INTD) provides Internet banking and card solutions plus Electronic Bill Payment and Presentment (EBPP) technology and services to banks, credit unions, and financial institution processors.
InteliData's EBPP products offer banks, card issuers and other financial institutions an end-to-end solution for creating e-bills for billers, distributing e-bills and e-payments through multiple delivery channels, delivering e-bills to consumers, and enabling payment of bills through multiple payment processors utilizing OFX and IFX messaging standards.
InteliData's Internet banking and card products provide large financial institutions throughout the U.S. with unsurpassed scalability, flexibility and security in supplying real-time, Internet based banking and card services to their customers. For more information about InteliData, visit the company's Web site at www.intelidata.com.
About Hancock Bank
Hancock Holding Company, the parent company of Hancock Bank (Mississippi) and Hancock Bank of Louisiana, has assets of $3.4 billion. Founded in 1899, Hancock Bank stands as one of the strongest, safest financial institutions in the United States, according to Veribanc, Inc.
Bauer Financial Reports, Inc., also awarded Hancock Bank five-stars -- the highest rating possible - for 19 consecutive quarters. Hancock Bank operates 101 full-service offices and 130 automated teller machines throughout South Mississippi and Louisiana.
Bank subsidiaries include Hancock Investment Services, Inc., Hancock Insurance Agency, Hancock Mortgage Corporation and Harrison Finance Company. Readers can learn more about Hancock Holding Company and Hancock Bank at hancockbank.com.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995:
This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to risks associated with the Company's recent acquisition of Home Account, the impact of competitive products, pricing pressure, product demand and market acceptance risks, pace of consumer acceptance of home banking and reliance on the Company's bank clients to increase usage of Internet banking by their customers, the ability of financial institution customers to implement applications in the anticipated time frames or with the anticipated features, functionality or benefits, reliance on key strategic alliances and newly emerging technologies, the availability of cash for long-term growth, product obsolescence, fluctuations in operating results, ability to continue funding operating losses, delays in development of highly complex products and other risks detailed from time to time in InteliData filings with the Securities and Exchange Commission.
These risks could cause the Company's actual results for 2001 and beyond to differ materially from those expressed in any forward looking statements made by, or on behalf of, InteliData. InteliData is not under any obligation (and expressly disclaims an obligation to) update or alter its forward-looking statements, whether as a result of new information or otherwise.
CONTACT:
InteliData Technologies
Media Contact:
Julie Lewis, 703/259-3124
Cell:703-298-3110
jlewis@intelidata.com |
