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December 6, 2006

Bremer Financial selects Corillian for online banking and payment services

Bremner Financial has selected Corllian to provide online banking and payment services to its more than 200,000 customers.

By CBR Staff Writer

Bremer will use Corillian Consumer Banking and Corillian Payments to build on the bank’s existing online banking and payment efforts. The vendor says that the Payments application will enhance the end user experience while also providing Bremer with flexibility in processing electronic payments and generating cost savings for the bank.

In addition to Consumer Banking and Payments, Bremer will implement Corillian Family Banking and Corillian Personal Money Manger (PMM). Family Banking is a holistic financial management tool that allows users to securely grant access to family members and other joint account holders, as well as third parties to more effectively manage their finances. PMM is a transaction reporting and analysis application that expands online access to account history and enhances online reporting and tracking.

With Consumer Banking, Bremer can offer an online banking service to its customers, and can tailor the site via flexible configuration. Corillian says that this will enable the financial services company to maximize its online banking effectiveness and further differentiate the financial institution as it meets the growing needs of its customers.

Payments will allow Bremer to control its payments process with flexible routing and payment options.

The capabilities available in Corillian Consumer Banking are enabling customers like Bremer to strategically focus on the online channel to improve the customer experience, drive down costs and seek out revenue opportunities, says Alex Hart, president and CEO of Corillian.

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