In Brief: Magnet Signs Up Bay View of Calif.

ATLANTA - Bay View Capital Corp. of San Mateo, Calif., has hired Magnet Communications to set up a corporate banking service for business customers.

Bay View will use Magnet software to expand its focus beyond retail customers to include business customers.

With Magnet's iBank suite of Internet banking services, Bay View, which has 58 branches throughout California, will offer its business customers balance reporting, book transfers, stop payments, automated clearing house transactions, and wire transfers.

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