| An SI Board Since May 1999 |
| Posts |
SubjectMarks |
Bans |
| 4 |
1 |
0
|
|
Commenting on the Company's first quarter activities, InteliData President and CEO Al Dominick said, "The transformation of InteliData into an Internet banking and payment systems company was completed in the first quarter. While we report a loss for the quarter, the business fundamentals are sound. Expenses, which include continued investment in our core competency, are being managed and are on budget, with some additional one-time costs associated with our move to a new facility. From a sales perspective, we continue to have a strong pipeline of prospects.
The company is also merging with Home Financial Network (HFN). The combined customer base of the new company would have 22 of the largest 100 financial institutions as clients with approximately $1 trillion in assets.
|
|
|
