Beneficial Savings Bank of Philadelphia has chosen Online Resources and Communications Corp. and Concord EFS Inc. to supply its on-line banking system.

Concord EFS bought Electronic Payment Services Inc. and its MAC electronic funds transfer network in February. MAC is to market the service to its 2,500 member institutions under the name Concord InternetConnect. The MAC network also plans to sell the entire range of Online Resources products.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.