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Business Services Industry

IBC Selects Corillian Consumer and Corporate Banking Applications for Next-Generation Online Banking Services

Business Wire, Jan 11, 2005

PORTLAND, Ore. -- Rich functionality, performance and multi-lingual capabilities key decision factors

Corillian Corp. (NASDAQ:CORI), the top provider of online banking solutions to leading financial institutions, today announced that International Bancshares Corporation (IBC), a $9.4 billion multi-bank financial holding company headquartered in Laredo, Texas, has selected Corillian as its partner for IBC's next-generation consumer and corporate cash management online services.

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IBC will leverage Corillian Consumer Banking and Corillian Corporate Banking, built on the industry-leading Corillian Voyager platform, to provide its customers enhanced real-time access to all of their consumer, business and commercial accounts. Corillian Consumer Banking and Corillian Corporate Banking integrate hundreds of best practices observed from some of the most innovative financial institutions in the world, as well as best practices in usability and functionality established by industry experts. With this solution, IBC will be able to immediately deploy industry-leading online banking services to its customers, while maintaining the ability to tailor the solution through flexible configuration. This enables IBC to maximize its online banking effectiveness and further differentiate itself to meet the growing needs of its unique customer base.

"We were looking for an online banking partner that could provide us with rich functionality across all of our lines of business on a reliable and high-performing platform," said Dennis E. Nixon, chairman of the board and CEO of International Bancshares Corporation. "Corillian's experience in delivering innovative online banking services for both consumer and business banking at some of the leading financial institutions in the country was a key factor in our decision as well as our own positive experience with Corillian. Also, with our multi-lingual customer base, the ability to provide both English and Spanish versions of our online banking services was critical to us. Our continued partnership with Corillian will enable IBC to deliver significant value to our customers and provide us with an increased competitive advantage."

With Corillian Consumer Banking, IBC's consumer customers will experience a new, easy-to-use interface for managing all of their finances, including viewing accounts, transferring funds, paying bills and integration with personal financial management software like Intuit's Quicken(R), QuickBooks(R) and Microsoft Money(R). Corillian Corporate Banking will provide IBC's business and corporate customers with access to enhanced online banking and cash management services, including ACH and wire transfers, positive pay, lockbox, controlled disbursement, information reporting, as well as tiered access rights management.

"With increasing online banking adoption rates and demands for more innovative and easy-to-use solutions, financial institutions need next-generation systems that reflect new technologies and usability standards," said Alex Hart, president and CEO of Corillian Corporation. "The Corillian Consumer Banking and Corillian Corporate Banking applications were built to handle the next-generation of online banking with hundreds of best practices in functionality and usability. With Corillian's full set of applications, ultimate scalability and functional flexibility, IBC will have online banking solutions in place that can provide the type of online services that its consumer, business and commercial customers need today, and will need in the future."

About International Bancshares Corporation

IBC is a $9.4 billion multi-bank holding company headquartered in Laredo, Texas, with over 160 facilities, and over 270 ATMs serving more than 70 communities in Texas and Oklahoma.

About Corillian Corporation

Corillian is the top provider of online banking solutions to leading financial institutions. Empowered with Corillian solutions, some of the world's most visionary financial institutions provide their customers with the tools to manage their finances more effectively. Corillian's solutions are unmatched in reliability and performance and successfully scale at some of the world's largest financial institutions. Corillian's proven solutions enable financial institutions to deliver innovative services enterprise-wide, across multiple delivery channels and multiple lines of business. The Corillian Voyager platform provides secure and scalable account access and transaction processing for a wide variety of applications built by Corillian's expert software developers, by Corillian-certified partners and by the in-house development organizations of some of the world's best financial institutions. For more information about Corillian Corporation, visit the company's Web site at http://www.corillian.com.

Note: Quicken and QuickBooks are registered trademarks of Intuit, Inc.

Business Services Industry

IBC Selects Corillian Consumer and Corporate Banking Applications for Next-Generation Online Banking Services

Business Wire, Jan 11, 2005

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