US Internet banking systems vendor Corillian has released a new version of its online application for the small business banking market.
Corillian Small Business 2.0 enables banks to provide secure financial information to small business customers via the Internet. The system allows users to view banking history in real-time and send and receive ACH payments to and from any account in any financial institution, including payroll and tax payments.
The application also includes electronic bill presentment and payment, cheque imaging, electronic statements, e-mail notifications and online customer service and self-help. The system also integrates with accounting software packages such as Intuit QuickBooks.
Alex Hart, president and CEO, Corillian, says the application enables business owners to effectively manage their retail and small business banking activities in one place, during one session and with a consistent user experience.
The application is deployed on the Corillian Voyager platform. The vendor says this unified platform approach lowers total cost of ownership and enables clients to meet the diverse needs of both small business and retail banking customers.