Corillian Corp. (NASDAQ: CORI), the top provider of online banking, payment and security solutions for the financial services industry, announced that BOK Financial has selected Corillian as its partner to enhance its consumer online banking services.
BOK Financial will leverage Corillian Consumer Banking for each of its seven bank subsidiaries to enhance the online banking experience for customers in an eight-state region. BOK Financial also will integrate Corillian Intelligent AuthenticationT into its enhanced online offerings to provide its customers with enhanced online security features to provide additional protection for their financial assets while maintaining the ease-of-use of the online banking service.
"We are committed to providing our customers with on-line product capability that is second to none," said BOK Financial Chief Information Officer Don Parker. "To best do that, we must leverage state-of-the-art technology solutions. Corillian Consumer Banking will give us the flexibility we need to provide the types of online services that our customers deserve, as well as providing us with the ability to better manage the online experience and make it more efficient."
As part of its next-generation online banking offering, BOK Financial's bank subsidiaries also will launch new and enhanced features to its customers through Corillian eStatements and Campaign Manager. Corillian eStatements gives consumers on-demand access to their account statements and other traditionally printed documents so they can review statements anytime and anywhere. Corillian Campaign Manager enables financial institutions to build and execute targeted marketing campaigns to its online customers, in real-time, with messages being displayed in predetermined areas of the Web site.
"The increasing adoption rates and evolution of online banking is a catalyst for leading-edge financial institutions like BOK Financial to optimize the online banking experience and deliver next-generation services to its customers," said Alex Hart, president and CEO of Corillian Corporation. "The comprehensive functionality and best practices available in Corillian Consumer Banking are unmatched in our industry and will enable BOK Financial to continue its innovation in the online channel while providing the flexibility, usability and performance it needs to grow with its growing online customer base."
About BOK Financial
BOK Financial is a regional financial services company that provides commercial and consumer banking, investment and trust services, mortgage origination and servicing, and an electronic funds transfer network. BOK Financial has assets of $18.1 billion, loans of $11.1 billion and deposit of $12.2 billion. Holdings include Bank of Albuquerque, N.A., Bank of Arizona, N.A., Bank of Arkansas, N.A., Bank of Oklahoma, N.A., Bank of Texas, N.A., Bank of Kansas City, N.A., Colorado State Bank & Trust, N.A., BOSC,Inc., the TransFund electronic funds network, Southwest Trust Company, N.A. and AXIA Investment Management, Inc. Shares of BOK Financial are traded on the NASDAQ under the symbol BOKF. For more information, visit www.bokf.com.
About Corillian Corporation
Corillian is the market leader of online banking, payment and security solutions to the financial services industry. With 30 of the top 100 U.S. banks and 21 of the top 100 U.S. credit unions as customers, Corillian serves over 35 million online banking end users. Corillian provides the most flexible, scalable and secure set of online banking applications across multiple lines of business, as well as an extensive set of integration solutions to enable seamless connectivity between legacy systems and Web and database applications. Corillian features integrated applications across Consumer Banking, Small Business Banking, Business and Consumer Payments, Wealth Management, Credit Card Management, and Corporate Cash Management, as well as enterprise wide solutions, including Fraud Detection, Alerts, eStatements, and OFX. Corillian's fraud prevention solutions use Preemptive ForensicsT to protect web sites from phishers, hackers, and fraudsters. Corillian's strong authentication solution provides a low-cost solution for multi-factor authentication while maintaining high user satisfaction. Empowered by Corillian solutions, some of the world's most visionary financial institutions provide their customers with the tools to manage their finances more effectively and securely. For more information about Corillian Corporation, visit the company's web site at http://www.corillian.com.