18 January 2018
visit http://response.ncr.com

Sumitomo New York implements VCOM Internet package

16 November 2000  |  2150 views  |  0 Sumitomo New York  implements VCOM Internet package

Sumitomo Bank in New York is to deploy Virtual Communications (VCOM) Internet-banking software Web@TM.

The product - pronounced WebATM - will enable the bank to offer real-time, online banking capabilities to its retail and wholesale customers, to manage online client data, and to allow data warehousing for statistical reporting and marketing, the Pittsburgh-based company says.

Initially installed at the Sumitomo New York branch, the product also includes treasury management features like Swift/ACH, wire transfer, positive pay, controlled disbursements, lockbox interface, float and zero balance account reporting, multi-currency and multi-bank account reporting, states the company.

Peter McCormick, CIO, Sumitomo Bank, North America, says after introducing Web@TM in North America the bank will consider rolling it out to other important markets.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.thomsonreuters.infovisit www.vasco.comvisit www.fivedegrees.nl

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11847 views comments | 16 tweets | 17 linkedin
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
10121 views comments | 32 tweets | 35 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
9830 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
9523 views comments | 17 tweets | 14 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9450 views comments | 14 tweets | 16 linkedin

Featured job

Competitive
London, UK (or flexible)

Find your next job