Online Banking Solutions (OBS) Demos New ACH and Wire Transfer Payment Services at NACHA PAYMENTS 2010

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Tue Apr 6, 2010 9:00am EDT

http://www.businesswire.com/news/home/20100406005061/en

--(Business Wire)--
Online Banking Solutions (OBS)

 What:       At the upcoming NACHA PAYMENTS 2010 conference in Seattle, Wash., Online Banking Solutions (OBS), will hold private demonstrations of its recently launched ACH and Wire  
             payment initiation services. The new service completes its Messenger Financial Center offering, a Web 2.0 cash management and business banking portal based on Online     
             Messenger. OBS provides next-generation cash management and revenue-generating business banking solutions for banks, including eight of the top 50 U.S. commercial bank   
             holding companies.                                                                                                                                                        
                                                                                                                                                                                         
             According to Maggie Scarborough, managing director of consulting and advisory firm, FinServ Strategies, "Approximately 35 percent of U.S. banks are either buying         
             identifiable small business banking solutions or replacing cash management systems with small businesses in mind. Forget `dumbing down` an overabundance of high-end large 
             corporate payments types. Small businesses want simplified, multi-purpose payments capability with a familiar experience through Web, mobile and voice channels."         
                                                                                                                                                                                         
             Built to meet contemporary scale, channel, security and integration requirements, OBS` Messenger Financial Center enables banks to move beyond classic barriers to        
             leverage delivery channels for files and transactions without limitation. Banks` business customers can perform any financial transaction with ease. In addition, OBS`    
             Messenger Mobile Services allows banks to leverage and deliver the new Payment Services through the mobile channel as well as other licensed delivery channels. Messenger 
             Financial Center provides transaction initiation including stop payments and account-to-account transfers and payment initiation of vendor payments, payroll and domestic 
             wire transfers. OBS plans to continue building out their payments capabilities to include a full range of domestic and international payment types.                       
                                                                                                                                                                                         
             Messenger Financial Center Payment Services is deployed with a contemporary administration and control infrastructure supporting entitlements with separation of duties   
             and dynamic approval levels designed to meet the needs of small companies or large companies. As an extension of the Online Messenger platform, Messenger Financial Center 
             Payment Services provides extensive security and audit capabilities and reporting.                                                                                        
                                                                                                                                                                                         
 When:       April 26-27, 2010                                                                                                                                                         
                                                                                                                                                                                         
 Where:      Grand Hyatt Seattle                                                                                                                                                       
             721 Pine Street                                                                                                                                                           
             Seattle, WA. 98101                                                                                                                                                        
                                                                                                                                                                                         
 Contact:    Mary York, Media Contact for OBS                                                                                                                                          
             678.781.7221                                                                                                                                                              


About Online Banking Solutions (OBS):

Founded in 2002 by a management team that pioneered Web cash management and
business banking technology, launching two successful financial technology
companies, Online Banking Solutions (OBS) provides next-generation Online
Messenger multi-channel reporting, transaction and file delivery services to
banks including seven of the top 50 U.S. financial institutions. Private,
profitable and based on the philosophy of over servicing clients, OBS offers
financial institutions the extensiveness of a large-scale technology provider,
but the tenacity of an agile, service-driven organization. For more information,
visit www.onlinebankingsolutions.com.

For OBS
Mary York, 678-781-7221 

Copyright Business Wire 2010

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