Self-Service Banking and Internet Bill Pay Align for Postilion and Metavante
April 19 2007 - 8:00AM
PR Newswire (US)
Metavante EPP Integration Delivering a Seamless Customer Experience
to e-Banking ATLANTA, April 19 /PRNewswire-FirstCall/ -- Postilion,
a division of S1 Corporation (NASDAQ:SONE) and a leading global
provider of integrated solutions for self-service banking and
payment processing, today announced an alliance naming Metavante
Corporation a strategic provider of electronic presentment and
payment (EPP) services. Under the agreement, Postilion and
Metavante will deliver a tightly integrated self-service banking
solution featuring expanded bill payment capabilities and a
seamless e-banking customer experience for financial institutions
and their customers in the Americas. Metavante
(http://www.metavante.com/) is the banking and payments technology
subsidiary of Marshall & Ilsley Corporation (NYSE:MI). "Our
alliance with Metavante enables our customers to have multiple
options for bill payment services and choose the solution that is
right for their business and customers," said Pierre Naude, General
Manager of Postilion, Americas. "Our relationship with Metavante
will further enable us to focus on our self-service banking
strategy while providing our financial institution customers with a
bill pay platform scalable and flexible enough to meet their needs,
including seamless customer experience integration between the
online banking and EPP platforms." In addition to its enhanced
integration technology that provides a consistent customer
experience across online banking and electronic bill pay, the
Metavante solution offers innovative payment options. Postilion
self-service solutions, in concert with Metavante EPP, will offer
payment options such as credit and debit card funding for Internet
bill pay, along with Metavante Express Payments through same-day
electronic processing or overnight check. The new agreement also
includes joint marketing initiatives to promote increased adoption
and usage of Metavante electronic presentment and payment products.
Delivered through aim(TM), a service offered to client financial
institutions that implement Postilion online banking applications
to increase adoption and loyalty, customers of Postilion will be
able to effectively communicate and market the features and
benefits of the enhanced Metavante EPP services to existing
customers, while also driving increased enrollment and activation
of customers. "Our investment in an integrated customer experience
between Postilion's self service banking solutions and our
electronic bill pay platform positions Metavante as an important
bill payment collaborator for Postilion," said Dave Fortney, senior
vice president, Metavante Electronic Presentment and Payment.
"Factor in our unique ability to provide the essential components
of a successful payments program, and Metavante's alliance with
Postilion truly becomes a compelling advantage for Postilion
clients." With Postilion's 99.999% reliability, reduced hardware
footprint and common architecture, financial service providers are
able to manage customers across self-service channels from a single
management portal, providing full visibility and management of
customer data, account history, transaction detail, and channel
access. As a result, customer support is more efficient and less
costly, while operational costs are minimized, improving the
customer's self service experience and satisfaction. Postilion
self-service solutions provide banks and credit unions with
integrated ATM driving, POS acquiring, voice banking, card
management and POS payments, and are integrating IBS retail
Internet banking and IBS cash management. About Metavante Metavante
Corporation delivers banking and payments technologies to 8,600
financial services firms and businesses worldwide. Metavante
products and services drive account processing for deposit, loan
and trust systems, image-based and conventional check processing,
electronic funds transfer, consumer healthcare payments, electronic
presentment and payment, and business transformation services.
Headquartered in Milwaukee, Metavante (http://www.metavante.com/)
is wholly owned by Marshall & Ilsley Corporation (NYSE:MI).
About Postilion Postilion, a division of S1 Corporation
(NASDAQ:SONE), is a leading provider of integrated solutions for
self-service banking and payment processing. Our offices, on five
continents, serve customers in more than 50 countries. The
Postilion product drives self-service financial transactions and
payments, including advanced transactions such as prepay, through
Internet access points, ATMs, POS terminals, and phones. This
multi-channel architecture - built on open systems - provides
consolidated management information, card management, 3DES and EMV
enablement, and loyalty software solutions. Postilion is at the
forefront of compliance with new regulations and security
enhancements, such as application validation for Visa's Cardholder
Information Security Program Payment Application Best Practices
(CISP PABP). More information is available at
http://www.postilion.com/. About S1 Corporation S1 Corporation
(NASDAQ:SONE) delivers customer interaction software for financial
and payment services. Worldwide, more than 3,000 customers use S1
software solutions, which are comprised of applications that
address virtually every market segment and every delivery channel.
Community banks, regional banks, national banks, credit unions,
retailers, telcos, isos and processors all rely on the banking and
payments software delivered under three brand names: S1 Enterprise,
Postilion and FSB Solutions. Additional information about S1 is
available at http://www.s1.com/. Forward-Looking Statements This
press release contains forward-looking statements within the safe
harbor provisions of the Private Securities Litigation Reform Act.
These statements include statements with respect to our financial
condition, results of operations and business. The words
"believes," "expects," "may," "will," "should," "projects,"
"contemplates," "anticipates," "forecasts," "intends" or similar
terminology identify forward-looking statements. These statements
are based on our beliefs as well as assumptions made using
information currently available to us. Because these statements
reflect our current views concerning future events, they involve
risks, uncertainties and assumptions. Therefore, actual results may
differ significantly from the results discussed in the
forward-looking statements. The risk factors included in our
reports filed with the Securities and Exchange Commission (and
available on our web site at http://www.s1.com/ or the SEC's web
site at http://www.sec.gov/) provide examples of risks,
uncertainties and events that may cause our actual results to
differ materially from the expectations we describe in our
forward-looking statements. Except as provided by law, we undertake
no obligation to update any forward-looking statement. DATASOURCE:
S1 Corporation CONTACT: Carmen Crutchfield of Postilion,
+1-404-923-6672, , for S1 Corporation; or Caroline Traylor of
Porter Novelli, +1-512-241-2239, , for S1 Corporation Web site:
http://www.s1.com/ http://www.metavante.com/
http://www.postilion.com/
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