Business Services Industry
Fidelity National Selects InteliData Card Solutions; Self-Service Product to Enable Card Customers to Securely Manage Their Accounts via the Internet
Business Wire, July 2, 2001
Business Editors/Hi-Tech Writers
RESTON, Va.--(BUSINESS WIRE)--July 2, 2001
InteliData Technologies Corp. (Nasdaq: INTD), a leading provider of e-finance transactional infrastructure, today announced that Fidelity National (Nasdaq: LION) has selected InteliData's Card Solutions Internet Self Service product.
Fidelity National provides a wide range of personal and corporate banking services, including trust, mortgage banking and credit cards, to a growing customer base in the Southeast.
InteliData's Card Solutions will provide Fidelity National cardholders with access to review and manage their credit card accounts safely and securely through the Internet. It also offers Fidelity National an additional distribution channel for its services, ensuring that the company's offerings remain attractive to potential customers.
"InteliData provides a superior product with the ability to quickly and efficiently implement a completely branded, secure and cost effective solution for Fidelity National," says James B. Miller, Jr., Fidelity National Chairman. "We can now provide our customers with a leading edge solution for reviewing, maintaining and managing account information in a completely secure environment."
"Our product's hardware platform independence and database independence gives Fidelity National customers the choice of which user interface they prefer," said Al Dominick, President and CEO of InteliData. "Our Card Solution Internet Self Service solution was an ideal fit for their needs because of its superior performance and scalability."
About InteliData
InteliData provides Internet Banking Solutions and Electronic Bill Payment and Presentment (EBPP) technology and services to card issuers, banks, credit unions and financial institution processors.
InteliData's EBPP products offer card issuers, banks and other financial institutions an end-to-end solution for creating e-bills for billers, distributing e-bills and e-payments through multiple delivery channels, delivering e-bills to consumers, and enabling payment of bills through multiple payment processors utilizing OFX and IFX messaging standards.
InteliData's Internet Card Solutions products provide financial institutions throughout the U.S. and Canada with proven scalability, flexibility and security in supplying real-time, Internet-based cardholder services to their customers. For more information about InteliData, visit the company's Web site at http://www.InteliData.com
About Fidelity National Corporation
Fidelity National Corporation, through its operating companies Fidelity National Bank and Fidelity National Capital Investors, Inc., provides a wide range of banking, trust, mortgage and investment brokerage services through 19 full-service branches in Atlanta, Georgia.
Mortgage, construction and automobile loans are also provided through an office in Jacksonville, Florida. For more information about Fidelity National, visit the company's Web site at http://www.fidelitynatinal.com.
"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995:
This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to risks associated with the Company's recent acquisition of Home Account, the impact of competitive products, pricing pressure, product demand and market acceptance risks, pace of consumer acceptance of home banking and reliance on the Company's bank clients to increase usage of Internet banking by their customers, the ability of financial institution customers to implement applications in the anticipated time frames or with the anticipated features, functionality or benefits, reliance on key strategic alliances and newly emerging technologies, the availability of cash for long-term growth, product obsolescence, fluctuations in operating results, ability to continue funding operating losses, delays in development of highly complex products and other risks detailed from time to time in InteliData filings with the Securities and Exchange Commission.
These risks could cause the Company's actual results for 2001 and beyond to differ materially from those expressed in any forward looking statements made by, or on behalf of, InteliData. InteliData is not under any obligation (and expressly disclaims an obligation to) update or alter its forward-looking statements, whether as a result of new information or otherwise.
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