Frontier Bank Selects Digital Insight's Cash Management Solution
28 June 2004 - 11:01PM
PR Newswire (US)
Frontier Bank Selects Digital Insight's Cash Management Solution $2
Billion Dollar Bank Chooses Market Leader CALABASAS, Calif., June
28 /PRNewswire-FirstCall/ -- Digital Insight(R) Corp. (NASDAQ:DGIN)
(http://www.digitalinsight.com/), the leading online banking
provider, today announced that it has entered into a multi-year
outsourcing agreement to provide Washington-based Frontier Bank (a
subsidiary of Frontier Financial Corp.) (NASDAQ:FTBK) with AXIS(R)
Cash Management. AXIS Cash Management is one of Digital Insight's
application service provider (ASP) based cash management offerings.
The AXIS Cash Management solution will support Frontier Bank's
commercial clients with robust functionality and integrated online
wire transfer capability. The $2 billion-asset bank selected
Digital Insight because of its commitment to business solutions and
its ability to interface with major check imaging vendors. "Digital
Insight's product and its key partnerships with Kirchman and
BankServ will allow us to offer our customers the most advanced
features and functionality available. It was important for us to
find a technology partner that can provide online capabilities
required to support future growth," said John Dickson, CEO of
Frontier Bank. "We selected Digital Insight AXIS Cash Management
based on its proven performance and reliability, which we believe
will support our growing customer base." "Online cash management is
a rapidly growing market in which Digital Insight has established a
growing client presence and market leadership position," said Jeff
Stiefler, chairman, president and CEO of Digital Insight. "We are
pleased that Frontier Bank selected Digital Insight based on our
focused commitment to the online channel, key partnerships and
robust product functionality." About Digital Insight Digital
Insight(R) Corporation is the leading online banking provider for
financial institutions. Through its comprehensive portfolio of
Internet-based financial products and services built upon the
company's unique architecture, Digital Insight enables banks and
credit unions to become the trusted transaction hub for their
retail and commercial customers. Digital Insight offers consumer
and business Internet banking, online lending, electronic bill
payment and presentment, check imaging, account-to-account
transfers, website development and hosting, marketing programs
designed to help increase online banking end user growth and more.
Each Digital Insight product and service reinforces the strength of
its financial institution clients. Safe Harbor Statement under the
Private Litigation Reform Act of 1995 This release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements are based
on management's current expectations. Because of various risks and
uncertainties, actual strategies and results in future periods may
differ materially from those currently expected. Additional
discussion of factors affecting these forward looking statements is
contained in Digital Insight's most recent filings with the
Securities and Exchange Commission. DATASOURCE: Digital Insight
Corp. CONTACT: Jyoti Nanda, Corporate Communications, ext. 86048,
or Erik Randerson, Investor Relations, ext. 86615, both of Digital
Insight Corp., +1-888-344-4674 Web site:
http://www.digitalinsight.com/
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