eBanking Solutions
Delivering eBanking to all Business
The business banking market has been a challenge for Financial Institutions and Vendors alike. The user interface must be simple and intuitive. The work flow must be obvious. The training requirements minimal and the price low.
OBS took on this challenge and built Messenger Financial Center (MFC), an ebanking and business services portal based on Online Messenger’s administration and processing infrastructure. MFC transcends classic barriers to leverage modular services, data transformation, and multiple delivery and access channels, to create a highly flexible ebanking platform. Virtually limitless in product and service possibilities and growth capacity, businesses of any size and level of sophistication can access account information and execute financial transactions with ease.
Messenger Financial Center (MFC) provides 5 major services including Payments in a single easy-to-use package with no transaction fees:
- Account Information Reporting
- Payments & Transfers
- Fraud Prevention
- Secure File Transfer
- Notifications & Alerts
The MFC framework includes integrated security, system administration, audit and billing, and additional delivery channel options.
Messenger Financial Center (MFC) includes all the functionality you need to win business
Account Information Reporting
Previous Day and Current Day account balance and transaction information – MFC offers a complete business ebanking solution by leveraging Online Messenger’s robust and flexible Information Reporting module. Account information is available to customers through multiple channels, including web, email, Desktop (OBS’ java-based client application), and mobile (Messenger Mobile Banking) according to company user-specific output templates that define accounts, output method, format, and frequency.
Payments & Transfers
Account Transfer, ACH, and Wire - MFC uses a simple, building block approach to payments, enabling the financial institution and its customers to structure payment processing functions to meet the specific needs of each business. ACH and Wires both support template creation for repetitive use and free-form payment creation for one-time transactions. As an added feature, Account Transfers can be created as either one-to-one or one-to-many transfers.
Fraud Prevention
Stop Payment Requests, ACH Positive Pay, Check Positive Pay – MFC supports single and range check stop payment with output to the FI through an online interface with an email back-up, if needed. Users are entitled to perform stops for specific accounts. Similarly, ACH and Check Positive Pay are accessible according to established user entitlements.
Notifications & Alerts
MFC supports extensive alerting and notification features. Alerts are subscription-based messages delivered to specific users by email or SMS/text message. Alerts may be used to notify users of the arrival of inbound or outbound wire transfers or positive pay exception items or when an account’s balance drops below a defined threshold. Notifications are subscription-based messages delivered by email and / or SMS text upon the occurrence of certain events within the system, such as status changes in payment transactions or file load validation and delivery.
MFC’s Payments system features include:
- Payees may be defined and used for multiple payments with a minimum of keystrokes
- Sub-function entitlement is supported to initiate, approve, administer, or view-only
- Support for one-to-one and many-to-one Account Transfers
- ACH and Wires each support reusable transaction templates
- Repetitive and semi-repetitive templates for Wires
- ACH and Wires each support entitled free-form initiation
Messenger Financial Center is Open for Business
With MFC, you can add other web applications such as business bill pay, merchant card services and remote deposit without lengthy and expensive integration efforts.
Built to meet contemporary scale, channel, security and integration requirements, MFC supports significant revenue generation and is fast and easy to implement and bring to market.
Safe, Reliable and Secure
OBS solutions leverage low-risk contemporary technologies with multiple channel distribution options and a level of quality and performance unmatched in the industry.
Messenger Financial Center employs a multi-layered security model that includes multi-factor authentication (MFA). Because internet threats continue to evolve, security is an on-going effort with continuous improvements.
A SAS 70 Type II audit and third-party security tests are conducted annually.
