Headquarters: Miami
Asset size: $500 million
Project: Upgraded online and mobile banking.
Why it's cool: In a struggling market, the relatively new bank's making bold moves into new mobile frontiers.
Taking All Channels Real Time
South Florida banking is not for the faint of heart. The local banking community has been pummeled and the regional business market is still smarting from the real estate crisis.
Apollo Bank has stepped into the fray — a rebranded small bank with big plans to combat the myriad competitors in the region by offering a full suite of digital banking products.
The first order of business has been to upgrade the bank's online banking capabilities to add more functions and access to updated information — part of a project that also included a new core platform and myriad new service that can be accessed remotely through external PCs, smartphones and other handsets. "When we first got here, we realized we needed to provide real-time access to customer information and transactions," says CIO Jonathan Liguori.
Using online technology from Q2ebanking integrated with an outsourced Harland core platform, Apollo Bank can now enable clients to access services and accounts from home, office or handset. "With the integration with the core, online and mobile all on one platform, we can give customers all of the different features that are available, such as internet, ACH, person to person and account to account payments," Liguori says.
