January 19, 2001, 12:00 AM

Partnership Mixes Banking, E-Commerce

Don Davis

Editor in Chief

Open Solutions Inc., a provider of integrated enterprise, Internet banking and e-commerce solutions for community banks and credit unions, has formed a partnership with Internet Tradeline, an e-business provider, to offer Internet-based, store-building solutions to Open Solutions' client institutions' small to midsized business customers.

Banks and credit unions using Glastonbury, Conn.-based Open Solutions' Open Community Network, an online marketplace, will begin offering their business customers an end-to-end, Internet-based business-building solution tied directly to their Internet bank and marketplace. Internet Tradeline builds, hosts and services the business merchant's online store. Additional services, including credit and debit card capabilities, are established and maintained for the merchants. Businesses banking with an Open Solutions client institution can have their online stores linked directly to New York City-based Internet Tradeline's Point & Shop Network, as well as the Open Solutions' Open Community Network Internet marketplace, where commercial and retail customers can complete Internet banking and e-commerce functions from the bank or credit union's branded Web site.

More than one-fourth of Open Solutions' customer base has already signed up for the Open Community Network, the company says.

Comments

Sign In to Make a Comment

Comments are moderated by Internet Retailer and can be removed.

Not a member? Signup for free today!

Advertisement

Advertisement

Advertisement

Relevant Commentary

FPO

Jason Squardo / Mobile Commerce

Five tips for achieving high mobile search rankings

Searches on mobile devices will soon exceed those on computers, Google says. Retailers that keep ...

FPO

Sergio Pereira / B2B E-Commerce

Quill turns to its B2B customers for new ideas

Coming in April is a new section of Quill.com that will let customers and Quill ...

Advertisement