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Space Coast Credit Union switches to Corillian Web banking platform

18 July 2005  |  1368 views  |  0 Source: Corillian

Corillian Corp. (Nasdaq:CORI), the top provider of online banking, bill payment and anti-fraud solutions to leading financial institutions, today announced that Space Coast Credit Union (SCCU), a $1.3 billion credit union headquartered in Melbourne, Fla., has selected the Corillian Consumer Banking application to enhance its online banking service and deliver new and innovative online banking services to its more than 132,000 members.

SCCU selected Corillian due to the depth of functionality, usability and best practices in the Corillian Consumer Banking solution. In addition to standard Corillian Consumer Banking, SCCU decided to implement Corillian Family Banking, a holistic financial management solution allowing members to securely grant access to family members and other joint account holders, as well as third parties to more effectively manage their finances. This flexibility, once only reserved for the small business owner or financial controller at a large corporation, is now available to the consumer banking segment. Corillian's expertise in successfully delivering innovative online banking services to leading financial institutions was also a factor in the decision.

"The implementation of the Corillian Consumer Banking solution will enable us to deliver a next-generation online banking service that meets the needs of our expanding membership," said Timothy M. Antonition, executive vice president, retail operations of Space Coast Credit Union. "This is an important step in establishing a solid foundation for our online banking service, as we look to add new features and functionality for our members to access at anytime. Corillian's proven best practices, and industry-leading expertise made this a simple decision."

Corillian Consumer Banking will empower SCCU's members to securely analyze, manage and control their finances from the convenience of any online access point. The customization capabilities within Corillian Consumer Banking will also make online banking easier and more convenient for members. The application will provide a fully-functional bill payment service, giving the member complete control of their payment activity. Another key feature available is the integrated self-service, which improves the online experience for members, while lowering cost of service for SCCU by offering a broad range of self-service functionality.

"Corillian is proud to offer our industry-leading service to SCCU. The Corillian Consumer Banking application will give SCCU the ability to accommodate the demands of their growing member base," said Alex Hart, president and CEO of Corillian. "We are very excited to begin this relationship with SSCU as it will be beneficial for both parties. SSCU will be enhancing their online banking capabilities, and Corillian will be assisting another leading credit union in providing exceptional service to their members."

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