Commerce Bank deploys Corillian small business banking application

Source: Corillian

Corillian Corp. (NASDAQ: CORI), the top provider of online banking, bill payment and fraud prevention solutions to the financial services industry, today announced that Commerce Bank, a $13.9 billion regional bank holding company headquartered in Missouri, has launched an enhanced online banking service for its small business customers.

Leveraging the Corillian Small Business Banking application, the new service delivers innovative, real-time online banking services and an enhanced user experience to Commerce Bank's small business customers.

Commerce Bank, a customer of Corillian Consumer Banking since early 2002, wanted to deploy multiple lines of business applications on the industry-leading Corillian Voyager platform, and leverage the industry-leading usability and functionality within Corillian Small Business Banking to deliver a dedicated solution to its growing small business customer base. Commerce Bank's small business customers now have a more user-friendly online banking experience with intuitive functionality, including:

  • Single-location access to both personal and business accounts
  • Immediate, recurring and future dated transfers between business and personal accounts
  • Secure e-mail communication
  • Transaction, check and deposit slip images archived for 90 days
  • Statement images archived for two years
  • Tiered authority controls for set-up and maintenance of additional account users
  • Easy-to-navigate interface


"Commerce Bank wanted to leverage our existing technology platform to deliver an enhanced online experience for our small business customers that is tied together with our advanced consumer offering we are launching early next year - offering our customers more small business specific functionality and features," said Cynthia Tetrault, vice president of online banking for Commerce Bank. "The flexibility of the Corillian Small Business Banking solution enables us to seamlessly incorporate small business capabilities into our online channel, while maintaining the look and feel of one, integrated system. Since the launch of the new system we have seen a tremendous increase in the adoption of the new service with a jump in online enrollments and positive feedback from our small business customers. Also, leveraging the same platform for consumer and small business banking enables us to continually make enhancements to our system, making online banking easier for our customers."

Corillian Small Business Banking offers a comprehensive, high-performance online banking solution, enabling financial institutions to attract and retain customers. Small business owners have the convenience to check accounts and execute banking tasks at any time and from any Internet-enabled device, and enjoy Corillian Small Business Banking’s similar look and feel to their personal online banking experience.

"Customer-centric financial institutions such as Commerce Bank are in tune with their small-business customers’ needs, which include rich functionality, personalized service and immediate results," said Alex Hart, president and CEO of Corillian. "Corillian Small Business Banking is uniquely positioned to help Commerce Bank proactively identify new online requirements and opportunities to further establish its leadership position and set it apart from the competition."

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