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News

Frost Bank Licenses InteliDatas Enterprise Payment Offering

Friday 27 February 2004 17:28 CET | News

San Antonio Texas based Frost Bank has executed a license agreement for InteliDatas Enterprise Payment Suite of software solutions. InteliDatas Enterprise Payment Suite provides financial institutions with a full set of online payment capabilities, including the ability to warehouse and least-cost-route transactions, initiate inter-bank transfers, aggregate presented bills and support payment processing for other bank products such as credit cards, consumer loans, and insurance offerings. This project is expected to kickoff during the second quarter of 2004 with implementation to begin during the second half of the year and conversion set for the end of the first quarter of 2005.

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