Home Financial Network Inc. announced an international marketing alliance with the French-owned software company CosmosBay.
Home Financial's Home ATM Internet software will be available on the remote banking system that CosmosBay has supplied in Europe.
CosmosBank, a system that is compatible with the OFX information transfer standard, is part of CosmosSuite, which supports multiple banking delivery channels including telephones and personal computers. More than 350 institutions use CosmosBay products in Europe.
"We must partner with companies that offer leading-edge technologies," said CosmosBay chief executive officer Olivier Gachot. "Home ATM offers the premier solution for banks seeking high penetration of their mass-market customer base."
Home Financial Network has emphasized ease of use in its system design to reach "the vast majority of potential home banking users," said chairman and CEO Daniel M. Schley. "With the CosmosBank platform, banks gain the additional advantage of rapid implementation as well as the potential to integrate all their electronic delivery channels to a single information platform."