Frontier Finl Corp Wash (MM) (NASDAQ:FTBK)
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Frontier Bank Selects Digital Insight's Cash Management Solution
$2 Billion Dollar Bank Chooses Market Leader
CALABASAS, Calif., June 28 /PRNewswire-FirstCall/ -- Digital Insight(R) Corp.
(NASDAQ:DGIN) (http://www.digitalinsight.com/), the leading online banking
provider, today announced that it has entered into a multi-year outsourcing
agreement to provide Washington-based Frontier Bank (a subsidiary of Frontier
Financial Corp.) (NASDAQ:FTBK) with AXIS(R) Cash Management. AXIS Cash
Management is one of Digital Insight's application service provider (ASP) based
cash management offerings.
The AXIS Cash Management solution will support Frontier Bank's commercial
clients with robust functionality and integrated online wire transfer
capability. The $2 billion-asset bank selected Digital Insight because of its
commitment to business solutions and its ability to interface with major check
imaging vendors.
"Digital Insight's product and its key partnerships with Kirchman and BankServ
will allow us to offer our customers the most advanced features and
functionality available. It was important for us to find a technology partner
that can provide online capabilities required to support future growth," said
John Dickson, CEO of Frontier Bank. "We selected Digital Insight AXIS Cash
Management based on its proven performance and reliability, which we believe
will support our growing customer base."
"Online cash management is a rapidly growing market in which Digital Insight
has established a growing client presence and market leadership position," said
Jeff Stiefler, chairman, president and CEO of Digital Insight. "We are pleased
that Frontier Bank selected Digital Insight based on our focused commitment to
the online channel, key partnerships and robust product functionality."
About Digital Insight
Digital Insight(R) Corporation is the leading online banking provider for
financial institutions. Through its comprehensive portfolio of Internet-based
financial products and services built upon the company's unique architecture,
Digital Insight enables banks and credit unions to become the trusted
transaction hub for their retail and commercial customers. Digital Insight
offers consumer and business Internet banking, online lending, electronic bill
payment and presentment, check imaging, account-to-account transfers, website
development and hosting, marketing programs designed to help increase online
banking end user growth and more. Each Digital Insight product and service
reinforces the strength of its financial institution clients.
Safe Harbor Statement under the Private Litigation Reform Act of 1995
This release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements are based on
management's current expectations. Because of various risks and uncertainties,
actual strategies and results in future periods may differ materially from
those currently expected. Additional discussion of factors affecting these
forward looking statements is contained in Digital Insight's most recent
filings with the Securities and Exchange Commission.
DATASOURCE: Digital Insight Corp.
CONTACT: Jyoti Nanda, Corporate Communications, ext. 86048, or Erik
Randerson, Investor Relations, ext. 86615, both of Digital Insight Corp.,
+1-888-344-4674
Web site: http://www.digitalinsight.com/