05:45 PM
Internet Banking Products
Electronic Workflow
Kranos Securities Technologies
Kranos Security Technologies (Dublin), in partnership with Hush Communications (Dublin), have released the BrokerMate platform for the banking and insurance sectors. BrokerMate, a document workflow platform, replicates existing manual forms to give brokers the facility to submit applications electronically. BrokerMate uses digital signatures for document signing, where previously only manual ones would suffice. This reduces the costs associated with printing, postage and data entry, as well as slashes processing times. - www.kranos.com, www.hush.com
Security
MagniFire Websystems
MagniFire Websystems, Inc. (New York), a developer of Web infrastructure security solutions for the enterprise, has introduced TrafficShield. The product uses security logic to protect Web applications and the Web infrastructure behind them from both known and unknown attacks. With MagniFire, companies can protect data, applications and customer relationships. MagniFire's platform is able to offer security logic for Web applications, ensuring that any customer interaction not specifically known to be legal is blocked immediately. - www.magnifire.com
Handwriting Recognition
A2iA
New York-based A2iA, a provider of intelligent word recognition (IWR) and OCR/ICR technology solutions, has agreed on a software license agreement with MORE, Inc., headquartered in Albuquerque, N.M. The agreements is to integrate A2iA's handwriting recognition technology into the point of presentment at large banks and financial institutions, according to the vendors. The agreement between the two companies enables financial institutions to integrate A2iA's handwriting recognition engine to capture critical information from checks at the teller level. - www.a2ia.com, www.moreinc.com
E-Banking Suite
S1 Corp.
Atlanta-based S1 Corp. has released S1 Business Banking 2.0, S1 Corporate Banking 2.0 and S1 Personal Banking 2.0. The products, dubbed S1's Enterprise Strategy, are fully integrated on the S1 Enterprise Platform-a J2EE-based, open architecture solution. S1 Business Banking 2.0 adds expanded information reporting, improved payment and check services components with multiple approval levels, image viewing, stop-payment capabilities across multiple checks, real-time check inquiry, and online enrollment for bill payment, according to the vendor. For corporate banking clients, S1 Corporate Banking 2.0 features all the functionality of S1 Business Banking, in addition to file download, one-to-many/many-to-one account transfers enhanced entitlements, and a digital signature framework.- www.s1.com
Internet Reporting
Infonox
Infonox (Santa Clara, Calif.) is now providing ReportNox, an Internet-based central reporting system for creating real-time reports. ReportNox provides an architecture that aggregates transactional and other data from "silos" in any data format and presents it for uniform viewing and analysis anywhere over the Web. ReportNox integrates marketing, risk analysis and data migration tools and eliminates the need for multiple reporting products. ReportNox, used in the banking, retail, merchant acquiring and gaming markets, is a module of the Infonox Active Payment Platform, a suite of technologies for the delivery of financial services. - www.infonox.com
E-Payments
Fort Knox National Co.
The Fort Knox National Co. (Fort Knox, Ky.) released its TruePay 5.0 suite of multi-channel e-payment solutions. TruePay 5.0 combines Microsoft (Redmond, Wash.) .NET architectures, telephony solutions and Fort Knox's outsourcing services to integrate consumer payment origination, remittance, reporting and support. The design will provide integrated channels to maximize consumer adoption of and companies' derived benefits from electronic bill payment and collections. These channels include custom Voice Response Systems (VRS), private label Web technologies, ASP model software applications and operator-assisted payment.- www.fortknoxnational.com
edocs Inc.
Natick, Mass.-based edocs, Inc., is now offering a set of pre-packaged offerings for financial services companies-including banks and insurance companies-called Focused Solutions. Focused Solutions complement existing billing and customer care systems, while also providing a platform companies can build on, the vendor says. Initially, edocs will offer three types of pre-packaged solutions: e-Statements, e-Billing, and Customer Self-Service. - www.edocs.com