Founded in 1989, ORCC
is the largest financial technology provider dedicated to the online channel.
Nearly 50 financial institutions use Architect and approximately 35 of those are credit unions, said Jeff Chambers, vice president of professional services and development for ORCC
David White, president of Texas-based First Command Bank, said, 'We've worked with ORCC
for many years, but during a recent evaluation of our core systems we decided to evaluate all of our systems and technologies to ensure our customers were receiving the best service possible.
Since the beginning of the year, we've continued to thrive while undergoing some very complex infrastructure upgrades, requiring an investment in talent to continue to execute on our corporate growth strategy," said Joseph Cowan, president of ORCC
sale investigation centers on whether ORCC
's shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues ORCC
's stock, and whether ORCC
's board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal.
Our investigation concerns whether the ORCC
board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders.
According to Oak Ridge Mayor Beehan, "Oak Ridge's top economic priority is the re-development of ORCC
has connections to core processors and ATM networks that provide real-time access to more than 90 percent of checking accounts in the United States and to the 9,000+ domestic biller endpoints within ORCC
's Biller Endpoint Network.
First American Bank has a strong reputation for serving the Chicago banking community with personalized care and user-friendly solutions," said Eric Labiak, chief sales officer for ORCC
In addition, ORCC
announced two new products from BAI Retail Delivery yesterday, including Architect Banking 2.
focuses on companies that have a recurring billing relationship with a consumer and who seek a feature-rich solution that provides an optimized, seamless bill pay experience for the end user.
Today's digital banking consumer not only demands a best-in-class user experience, but one that adapts to his or her personal preferences," said Janie West, chief marketing officer of ORCC