The Members Group Selects InteliData Card Solutions For Nationwide Credit Union Card Services
RESTON, Va., March 26 /PRNewswire/ -- InteliData Technologies Corp., an innovative provider of Internet-based financial services, today announced that The Members Group, a company dedicated to providing financial technology to credit unions, has chosen InteliData Card Solutions' Internet Self Service suite of products to provide real-time access and management capabilities to their clients' cardholders.
(Photo: newscom.com )
The Members Group selected InteliData Card Solutions for the completely brandable, secure and cost-effective solution that will give The Members Group a competitive edge in the constantly changing card industry. InteliData's proven track record for speed to market, and their corporate stability were other key factors in the selection.
Jeff Russell, technology and development officer of The Member Group says "We can now provide our clients with a leading edge solution for reviewing, maintaining and managing their accounts, as well as paying their credit card bills, using the Internet." Russell continued, "InteliData's extensive knowledge of the credit card market gave us the ability to develop functionality and flexibility to change with the needs of our clients."
InteliData President and CEO, Al Dominick, pointed to a number of competitive pressures credit card service providers like The Members Group face today -- pressures that InteliData's Card Solutions products were designed to address. Dominick said, "These organizations are dealing with changing regulations from governing bodies, as well as ongoing mergers and acquisitions of existing portfolios," Dominick continued, "Our Card Solutions line of products will help The Members Group provide marketable products in the form of competitive rates, product features and the servicing of these products to their client base."
About InteliData Technologies Corp.
InteliData 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 intelidata.com .
About The Members Group
The Members Group is a financial services organization dedicated to providing customized solutions that are complemented by superior service and competitive pricing. The company offers a wide array of services that focus on flexibility, quality and unparalleled value. By combining tailor-made credit and debit card programs with industry-leading service and pricing, The Members Group continues to be the premier card processor for credit unions. In addition to providing credit and debit card processing services, The Members Group also provides clients with check processing, mortgage loans, ACH and asset liability management services.
For further information, please go to themembersgroup.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, the ability of the Company to successfully assimilate and retain the employees of Home Account and integrate the products of Home Account with those of the Company, the risks of not realizing the cost savings anticipated by eliminating personnel and facilities, the Company's ability to retain customers and subscribers as a result of the acquisition of Home Account, the risk of anticipated revenues following the acquisition of Home Account not meeting the Company's expectations, the ability of the Company to complete product implementations in required time frames and the Company's ability to increase its recurring revenues and profits through its ASP business model, 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, mergers and acquisitions, risk of integration of the Company's technology by large software companies, 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 ability of the Company to leverage its Spectrum relationship into new business opportunities in the EBPP market, the on-going viability of the mainframe marketplace and demand for traditional mainframe products, the ability to attract and retain key employees, the availability of cash for long-term growth, product obsolescence, ability to reduce product costs, 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.
SOURCE InteliData Technologies Corp.
CO: InteliData Technologies Corp.; The Members Group
ST: Virginia
IN: CPR FIN MLM
SU:
03/26/2001 09:41 EST prnewswire.com |
