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Wednesday, April 2, 2008

uMonitor to deploy online banking services

Data processing technologies provisioner Open Solutions has entered into an agreement with financial services supplier uMonitor to provide online account opening and online banking services for banks and credit unions.

Open Solutions offers its clients the uMonitor’s uOpen & uFund online account opening and funding service as well as an account-to-account money transfer system called uTransfer, with their core processing platform, online banking service or loan decisioning system. Due to uMonitor’s account opening and funding with switch kit service and account-to-account money transfer service, financial institutions will have an online delivery service for its retail and commercial clients.

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