More than 100 community banks and credit unions use Corillian’s technology for Internet banking. These financial institutions range in size from around $10 million in assets to more than $5 billion in assets.
Corillian Community Banking Solutions allow financial institutions to have a highly customizable Web site with its own brand and transaction set. Using Corillian MultiPoint technology, the connectivity to a core system is in place for real-time posting. Users can access their accounts for balance, history, transfers, stop payments, and profile information. In addition, financial institutions can integrate single sign-on support with its vendor of choice for check ordering, check images, and eStatements.
Corillian Community Banking Solutions include a comprehensive suite of Internet banking and bill payment services.
| Corillian Community Banking Key Features | |
|---|---|
| MultiPoint Internet Banking | MultiPoint Bill Pay |
| MultiPoint Secure Messaging | MultiPoint ACH |
| MultiPoint Lending | MultiPoint Alerts |
With Corillian Community Banking Solutions, you decide if you want to run the application in-house on your own servers or partner with Corillian’s application service provider for hosting. In addition, you can decide if you want to customize the Web site on your own or use Corillian’s professional services to customize the Web site for you. With Corillian Community Banking Solutions, you have many options, based on your own organization's needs and goals. You are in control of your future product direction with a strong technology partner to assist you as needed.
MultiPoint Internet Banking
MultiPoint Internet banking increases the value and convenience of your institution’s existing Web site by offering electronic banking capabilities to your users. MultiPoint Internet banking is intuitive and easy to use, allowing users real-time access to manage accounts securely, through any Internet connection
MulitPoint Internet banking collects and tracks transactions and activities. It provides valuable information to better understand your users’ needs and formulate marketing strategies to enhance participation. With MultiPoint Internet banking, your institution increases its return on investment and gains competitive advantages simultaneously.
MultiPoint Bill Pay
MultiPoint Bill Pay allows your financial institution to support a "pay anyone" model for your users. Online bill pay users can access your Web site and request payment information for their payee list, including history, as well as set up future and recurring payments. With a simple click of the mouse, users also can set up new payees and change payment information.
If you decide to use MultiPoint Internet Banking, but want to outsource bill-payment warehousing and Web pages, we can support single sign-on access to many of the leading bill-payment vendors, including PSCU Financial Services, CheckFree, and iPay.
MultiPoint Secure Messaging
MultiPoint Secure Messaging allows financial institutions to interact online with their users without going through the public email system. Instead, customers and members can interact through the financial institution's Web site, knowing that all data is encrypted through secure socket layer technology (SSL) and is not accessible through unsecured email accounts that send data unencrypted through the Internet.
With MultiPoint Secure Messaging, your institution can rest assured that the consumer's personal data is less likely to be at risk since it is not sent through the public, unsecured email system.
MultiPoint ACH
MultiPoint ACH gives your financial institution new ways to generate income and solidify its position as your users primary financial institution. MultiPoint ACH can be integrated with your existing Internet banking site, or you can implement MultiPoint ACH as part of the entire Corillian Internet Banking and Bill Pay solution.
With MultiPoint ACH, your users can securely and conveniently transfer money between accounts at any financial institution that participates in the automated clearinghouse (ACH) system. The data warehouse for the MultiPoint ACH resides at your location or at Corillian’s hosting partner location. The data warehouse allows users to add new accounts, schedule transfers, and schedule recurring transfers.
You can establish your own risk-management levels by setting transaction limits and providing detailed management reports. In addition, when transferring money, MultiPoint ACH uses a good funds model to ensure that the money is debited from the account before submitting the ACH credit transaction through the ACH system.
MultiPoint Lending
The MultiPoint Lending solution allows you to dramatically increase your loan-processing volume with an easy-to-use Web interface, efficient application processing and workflow management tools, automated decision engine, and real-time integration to the core data-processing system for loan booking and disbursement. The streamlined Web application provides consistent data collection through multiple channels - online, in-branch, or by your contact center representatives. It also supports indirect lending through an automated CUDL interface. Make it easier for your current and prospective customers and members to get their loans through the financial institution by using this system.
MultiPoint Alerts
With MultiPoint Alerts, you can provide the superior level of service that is the hallmark of the community bank and credit union movement. MultiPoint Alerts allows users to set up their own thresholds for notification about account activity. Whether it is notification of cleared check(s), share accounts going above or below balance, maturity date on certificates, or personal reminders established by the consumer, users can receive an email alert in a secure fashion.