MCLEAN, Va.-- Money Belt, a regional ATM network owned and operated by First Tennessee Bank, is marketing the Internet banking services of Online Resources & Communications Corp. (Nasdaq: ORCC) to its 250 member institutions. First National Bank of Blytheville, Ark., was the first Money Belt bank to sign a contract for Online Resources' services as a result of the alliance.
"By offering a complete solution -- consumer software, electronic bill payment, customer service and marketing assistance -- Online Resources provides what our members need to be competitive. We are aggressively marketing this service to them," said Money Belt's Fred Spratlin, senior vice president, electronic banking.
Online Resources' services include fully integrated, real-time Internet banking and bill payment and a range of other financial services aggregated on the institution's Web site. The services include personalized consumer start pages bearing a financial institution's brand, brokerage services, Web-based loan approval and cash management solutions for institutions' commercial clients.
"We remain dedicated to enabling community institutions to compete with larger ones," said Dan Ritten, Online Resources senior vice president, client services. "We will continue to upgrade and enhance our systems and services as technology evolves to ensure that our clients can always offer leading edge technology and services on the Internet."
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