Ranking the Vendors of Small Business Internet Banking Solutions

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29 June 2000


Cambridge, MA, USA, June 29, 2000

Report published by Celent Communications

In an essential guide for financial institutions selecting a small business banking solution, Celent Communications compares thirteen vendors of Internet-based applications. This 34-page report provides an in-depth analysis of each vendor and evaluates them on a variety of criteria, including features and functionality supported, systems integration, speed of deployment and scalability.

Members of Celent Communications Wholesale Banking research service can be download this report electronically by clicking on the icon to the right.

The report, titled " " is intended to aid financial institutions of all sizes in their selection of a vendor solution. The vendors included in this report are: Banklink, Brokat, Corillian, Credo Group, Digital Insight, Equifax, FundsXpress, Fundtech, Hamilton & Sullivan, M&I Data Services, Magnet, Politzer & Haney, and S1.

Traditionally, small business clients have tended to fall through the cracks at financial institutions. Lacking the purchasing power to take advantage of electronic wholesale banking products and services, small businesses have generally been directed instead tothe limited services offered to retail customers, explains Meredith Hickman, an analyst in Celents e-banking group. The Internet presents banks with an opportunity to electronically service small businesses with appropriate products and services both in and outside of their branch network at a reasonable cost to both the business and the bank.

In addition to profiling the vendor solutions, the report covers trends and strategies for the future, including deploying small business portals, implementing online one-to-one marketing campaigns, and adding other wireless devices to the delivery channel line-up.

A Table of Contents is available online.