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Press ReleasesHickam Federal Credit Union Adds Open Solutions' Outsourced Imaged Payment Technologies to DNA™ Platform— Item processing moved from corporate credit union's system for better integration with core — GLASTONBURY, Conn., March 17, 2010 - Hickam Federal Credit Union of Honolulu, Hawaii has selected Open Solutions Inc.® Imaged Payment Technologies Group's outsourced services to better integrate with its existing core platform, Open Solutions' DNA™ (formerly The Complete Credit Union Solution®). Open Solutions is a leading provider of integrated enabling technologies for financial service providers in the United States, Canada and other international markets. Hampden Bank Selects Open Solutions’ tMagic™ Integrated Teller Capture— Fully core-integrated capture solution streamlines transaction processing and bank operations — Glastonbury, Conn., Nov. 4, 2009 - Hampden Bank (NASDAQ – HBNK), today announced it has selected Open Solutions’ tMagic Teller Capture platform to improve customer service, reduce costs and improve operational efficiencies. Open Solutions’ tMagic is fully integrated with the bank’s enterprise-wide core processing platform, Open Solutions’ The Complete Banking Solution®: DNA.
Valley Savings Bank Selects Open Solutions’ Imaged Payment Technologies— Bank streamlines check operations; selects stable technology partner — Glastonbury, Conn., Sept. 9, 2009 - Valley Savings Bank of Cuyahoga Falls, Ohio has selected Open Solutions Inc’s ® Imaged Payment Technologies Group’s remote deposit capture software to take advantage of Check 21 legislation and further streamline its check operations processes. Open Solutions is a leading provider of integrated enabling technologies for financial service providers in the United States, Canada and other international markets.
New Version of Open Solutions' Relational Core Solution Continues to Gain Traction in the Market— More institutions turn to DNA release for data processing needs — GLASTONBURY, Conn. Feb. 23, 2009 – The momentum continues to build for Open Solutions' latest version of its relational core processing solution, The Complete Banking Solution®: DNA (TCBS: DNA) and The Complete Credit Union Solution®: DNA (TCCUS: DNA). Since its launch, less than one year ago, 101 financial institutions have selected the relationship-based core offering.
California Bank of Commerce Achieves Record Deposit Growth with Open Solutions’ Imaged Payment Technologies— De novo bank receives $10.8 million from 1,900 checks in one week from remote deposit capture — GLASTONBURY, Conn., Feb. 10, 2009 – California Bank of Commerce (OTCBB:CABC) of Lafayette, Calif. has reported significant benefits realized from Check 21 legislation through the use of Open Solutions Inc’s® Imaged Payment Technologies Group’s remote deposit capture software. With more than $100 million in assets, California Bank of Commerce experienced an 80 percent growth in weekly deposits after implementing Open Solutions’ remote deposit capture software in October 2007.
Open Solutions’ Item Processing Solution Selected by Securityplus Federal Credit Union— FCU achieves streamlined Check 21 strategy — GLASTONBURY, Conn., Jan. 7, 2009 – Baltimore, Md.-based Securityplus Federal Credit Union announced it has selected Open Solutions Inc.’s ® imaged-based item processing solution to achieve a streamlined Check 21 strategy. Open Solutions is a leading provider of integrated enabling technologies for financial service providers throughout the United States, Canada and other international markets.
Bluepoint Solutions, Inc. and Open Solutions Inc.® Announce Strategic Partnership— Open Solutions to Offer Bluepoint’s Teller Capture Solution to its Financial Institution Clients — Glastonbury, Conn./Vista, Calif., Dec. 16, 2008 – Bluepoint Solutions, Inc., an innovator in Check 21, remote deposit capture, image-based item processing, electronic document management and multi-factor identification software technology for financial institutions, and Open Solutions Inc., a leading provider of integrated, enterprise-wide core processing technologies for banks and credit unions throughout the United States, Canada and other international markets, today announced a strategic reseller agreement under which Open Solutions will offer Bluepoint’s teller capture solution to its bank and credit union clients.
Hogan Financial Systems to Provide Disaster Recovery Services to Open Solutions’ Outsourced Item Processing ClientsGLASTONBURY, Conn. and FLOWER MOUND, Texas – Dec. 9, 2008 – Hogan Financial Systems Inc., a provider of item processing disaster recovery solutions to financial institutions, and Open Solutions Inc.®, a leading provider of integrated enabling technologies for financial services providers throughout the United States, Canada and international markets, announced an expansion of their existing referral agreement to provide Open Solutions’ outsourced item processing clients direct access to Hogan’s disaster recovery services.
Open Solutions’ ABA-endorsed Imaged-based Item Processing Technology Selected by Metropolitan Bank— California bank implements check imaging after FED announces San Francisco processing site to close — GLASTONBURY, Conn., Nov. 18, 2008 – Oakland, Calif.-based Metropolitan Bank announced it has selected Open Solutions Inc.’s® imaged-based item processing solutions for its Check 21 initiative. Open Solutions is a leading provider of integrated enabling technologies for financial service providers across the United States, Canada and internationally.
Bank of China USA Selects Open Solutions’ Imaged-Based Item Processing— $7 billion U.S. division to improve processing operations for NYC and LA branches — GLASTONBURY, Conn., Oct. 14, 2008 – Bank of China USA (BoC USA) announced it has selected Open Solutions Inc. ® for its outsourced imaged-based item processing needs. Open Solutions is a leading provider of integrated enabling technologies for financial service providers across the United States, Canada and internationally.
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