Source: Digital Insight
Digital Insight Corp. (Nasdaq: DGIN - News), the leading on-demand banking provider, announced today that Houston, Texas-based MetroCorp Bancshares, Inc. (Nasdaq: MCBI) has selected Digital Insight's Internet Banking, Business Banking and Bill Payment solutions to serve its nearly 50,000 consumer and commercial customers.
The multi-year agreement illustrates the strategic advantages that Digital Insight's on-demand solutions can provide to financial institutions.
MetroCorp had been seeking a strategic partner to help grow and retain its customer base through the online channel. They selected Digital Insight because the company's on-demand solutions would enable MetroCorp banks to concentrate on core competencies instead of managing in-house online solutions. In addition, MetroCorp cited Digital Insight's ability to seamlessly integrate with market-leading technology partners as a competitive advantage that would enable MetroCorp banks to offer a broad suite of online products and services from within Digital Insight's "Deep Defense" security environment.
Digital Insight maintains interfaces to more than 100 core processing platforms which enable it to effectively integrate its products and services with the core systems of a large number of financial institutions. The company monitors the security and reliability of all its technology interfaces from within its own data center. This capability often enables financial institutions to bring industry leading functionality, products and services to their end users with greater technological and economic benefits than the financial institution could achieve alone.
"MetroCorp banks are focused on providing personalized, culturally sensitive and innovative products and services to the communities in which we operate so it's important our technological infrastructure can support our financial service expertise and business goals," said MetroCorp CEO & Executive Vice Chairman George Lee. "Working with Digital Insight will allow us to provide our customers with best-of-breed online products and services in English, Chinese and Spanish, while helping position MetroCorp for growth through the online channel."
"This agreement is a testament to Digital Insight's on-demand solutions and our ability to help financial institutions improve their business results by attracting highly profitable online customers," said Digital Insight Chairman, President and CEO Jeff Stiefler. "We look forward to growing our relationship with MetroCorp and helping its banks deliver superior online services."