SunTrust renews Digital Insight deal
Digital Insight Corp. (NASDAQ:DGIN), the leading online banking provider, announced today that SunTrust Banks, Inc. will continue to offer Digital Insight Business Solutions to its current corporate and commercial clients, including clients gained from the National Commerce Financial merger, as part of a renewed three-year partnership.
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Under the terms of the expanded agreement, SunTrust will first add Digital Insight's client dual administration and enhanced wire features. In the next 12 months, SunTrust also plans to implement balance reporting and wire transfer enhancements to improve customer self-service.
"SunTrust and, more importantly, our clients have enjoyed success with Digital Insight Business Solutions so we are pleased to renew our relationship," said SunTrust Senior Vice President of Business and Commercial Product Management, David Saporito. "Our clients appreciate the ease of use, exceptional performance and reliability that the Digital Insight solution provides."
Digital Insight Business Solutions give financial institutions the flexibility to package, price, deliver and manage online business banking solutions that are tailored to the specific needs of multiple market segments. SunTrust, for example, has been able to leverage Digital Insight Business Solutions to create specific product sets to serve the commercial and large corporate market segments.
"We look forward to helping SunTrust achieve higher growth and improved service to their business clients through our best-of-breed corporate banking solutions," said Jeff Stiefler, Digital Insight chairman, president and CEO. "Their renewal confirms the trust and confidence SunTrust has in our partnership and in the quality of our solutions."