Tech Bytes: Intelidata Partners With Home Financial

Home Financial Network Inc. has announced a partnership with Intelidata Technologies Corp. on an Internet banking system.

Home Financial said bundling its Home ATM consumer software with Intelidata's Interpose Financial Engine will let banks offer Internet banking without relying on third-party processors. Interpose is in operation at more than 20 of the top 100 financial institutions, Intelidata officials said.

Intelidata, which has collaborated with Home Financial on products like the MoneyClip smart card reader for personal computers, hopes to benefit by association.

"Home ATM is really a sexy product from the bank's perspective," said John C. Backus, president of Herndon, Va.-based Intelidata. "We are looking at it as a way of increasing sales of Interpose."

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