Sybase Financial Fusion Delivers Consumer Banking Platform 6.0
New Solution Provides Trend-Setting Consumer Online Banking Applications Enabling FFIEC Compliance and Micro-Business Capabilities
LAS VEGAS, N.V. — BAI RETAIL DELIVERY CONFERENCE & EXPO — November 13, 2006 — Sybase, Inc. (NYSE: SY), a leading provider of enterprise infrastructure and mobile software, today announced the availability of Financial Fusion’s Consumer Banking Solution 6.0, an innovative online banking application with enhanced multi-user entitlements, ACH based interbank transfers and Federal Financial Institutions Examinations Council (FFIEC) compliant security enhancements.
Consumer Banking Solution 6.0 enables banks and financial institutions to meet FFIEC authentication guidelines, gives users the ability to personalize their online account experience, manages accounts and performs a variety of advanced self-service functions. The solution also provides the ability to transfer funds, pay bills and set up and receive alerts on critical account and transaction events. Consumer Banking Solutions 6.0 allows members to initiate both domestic and international funds transfers between accounts at different financial institutions and open new accounts online.
“Today’s consumer banking market requires financial institutions to rapidly deliver comprehensive services and features across multiple customer segments and platforms,” said George Tubin, senior research analyst, TowerGroup. “The industry is demanding security, operational support and ease of use through enhanced functionality for online banking solutions. It is imperative that consumer banking application providers continue to strengthen their offerings to meet security compliance requirements and provide improved flexibility to users.”
“With this new platform customers have a single underlying architecture that supports multiple applications across the enterprise that comply with new security regulations,” said Richard Pledereder, vice president of Solutions Engineering for Financial Fusion and Information Technology Solutions Group, Sybase. “We are continuing to lead with innovation, expanding the boundaries of consumer online banking by exposing to the consumer capabilities previously reserved for small businesses. This is an inherent advantage of our integrated platform strategy.”
New Consumer Banking Solutions 6.0 features:
* Enables financial institutions to easily integrating authentication solutions making it seamless to meet FFIEC authentication guidelines
* New interbank account to account transfers, making the bank the focal point for the users online banking interactions
* New multi-user entitlements and access for household accounts, private banking and micro businesses
* Prebuilt self-service templates to streamline customer inquiries/requests
The Consumer Banking Solution offers banking, bill payment, money movement, payment and transfer warehousing, stop payments, online statements, check and deposit item images, account reconciliation and expense management, alerts, advisory services, personalization, content services, one-to-one marketing and support for personal finance management (PFM) and wireless clients.
Financial Fusion® Consumer Banking Solution 6.0 will be generally available immediately. For more information visit www.financialfusion.com/banking.
Financial Fusion Solutions
Financial Fusion provides integrated financial solutions to more than 200 of the world’s leading financial institutions. Financial Fusion maintains strategic technology relationships with BEA, IBM, Microsoft, Sun Microsystems and SWIFT.
About Sybase, Inc.
Sybase is the largest global enterprise software company exclusively focused on managing and mobilizing information from the data center to the point of action. Sybase provides open, cross-platform solutions that securely deliver information anytime, anywhere, enabling customers to create an information edge. The world’s most critical data in commerce, communications, finance, government and healthcare runs on Sybase. For more information, visit the Sybase Web site: http://www.sybase.com.
Sybase is a trademark of Sybase, Inc. Financial Fusion is a trademark of Financial Fusion, Inc.® indicates registration in the United States of America.
All other company and product names mentioned may be trademarks of the respective companies with which they are associated.
- Contact Information
- Joan Fronske
- Sybase, Inc.
- Contact via E-mail
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.