Under the terms of the contract, First Data is set to provide The Bankers Bank’s clients with online banking services such as online bill payments, electronic bill presentment, e-statements as well as a Spanish-language customer interface. In addition, the system will offer online personal financial management functionalities.
Business online banking customers will be able to initiate automated clearing house (ACH) and wire transactions, use positive pay to verify the authenticity of cheques and designate different levels of account access.
Terms of the agreement remain undisclosed.
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