The Dublin, Ohio, data processor R.C. Olmstead Inc. has agreed to market bill-payment software from iPay Technologies LLC of Elizabethtown, Ky., and to integrate the application with its own online banking product.
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R.C. Olmstead markets mainly to credit unions, while iPay, which announced the agreement Friday, focuses on community banks.
"With this partnership, we are proving that community financial institutions — regardless of size — do have access to cutting-edge solutions for online bill pay," James Hyde, an iPay senior vice president, said in a press release.
