In Brief: Edify Releases Upgrade of Banking System

Edify Corp. has announced the first customer shipments of its Electronic Banking System Release 3 Consumer Banking Suite.

The Consumer Banking Suite consists of the Electronic Banking platform and 17 optional new modules-the three newest of which are CheckBook, electronic bill presentment, and the electronic bill payment warehouse.

Busey Bank of Urbana, Ill., is now one of Edify's first Consumer Banking Suite customers, and it has introduced the CheckBook, an on-line transaction registry. The bank also anticipates rolling out electronic bill payment and presentment modules, which will allow it to manage summary billing information from Checkfree Corp.'s E-Bill service.

Since its introduction in 1996, Edify's Electronic Banking System has been licensed to 100 financial institutions, including 15 of the top 100 U.S. banks.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER