JACKSONVILLE, Fla – Fidelity National Information Services, Inc. (NYSE: FIS), and its Certegy Check Services division recently announced further enhancements to Certegy’s electronic check conversion, risk management and collections solutions. The release of Certegy’s Digital Payment Processing Platform further secures Certegy’s position as the leader in cutting-edge payment technologies and leverages the acceleration of the Check 21 Act and Check Conversion solutions that retailers, banks and remittance processors are beginning to embrace.

“Digital payment processing provides our merchant customers the assurance of intelligent deposit routing and settlement,” said Renz Nichols, president of Check Services and Risk Management and Analytics. “Through a sophisticated deposit routing model, we can determine whether an item should be converted to an ACH or image replacement document (IRD), or settled as an electronic image, all based on deposit fees and settlement timeframes. This is a true end-to end, ‘all checks’ conversion and risk management solution.”

With more than 45 years of experience and history in transaction processing, check authorization risk management and collections solutions, the Certegy Digital Payment Processing Platform enables businesses to accept checks anytime, anyplace or anywhere, with the comfort and security of conveniently processing their check deposits via a cost effective and efficient method.

By providing a complete “end-to-end” solution from point of presentment to settlement, Certegy maximizes cash management timeframes and removes any delays in critical updates to the authorization risk management engine regardless of whether or not the merchant utilizes warranty or a self-risk check management program. Other key advantages include:

• By creating a cost effective settlement process, retailer deposit fees will be reduced through the consolidation process while taking advantage of Certegy’s  economies of scale.
• By combining the settlement process with Certegy’s risk management and authorization services, there is faster identification of returned items, thus preventing future losses from the same account.
• Certegy is bank neutral. Since Certegy is not a financial institution, the retail merchant retains control of its banking relationship, while Certegy redirects settlement to any financial institution or multiple institutions account(s) as designated by the retailer.
• Retail merchants using Certegy’s warranty service have “guaranteed” funds once items are deposited and settled – a “good” funds model.

For more information regarding Certegy’s Digital Payment Processing Platform and Certegy’s full suite of check management and collection solutions, call 1-866-496-2637 or email product.info@certegy.com.

About Fidelity National Information Services
Fidelity National Information Services, Inc. (NYSE:FIS) is a leading provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. FIS has processing and technology relationships with 35 of the top 50 global banks, including nine of the top ten. Nearly 50 percent of all U.S. residential mortgages are processed using FIS software. Headquartered in Jacksonville, Florida, FIS maintains a strong global presence, serving over 7,800 financial institutions in more than 60 countries worldwide. For more information on Fidelity National Information Services, please visit www.fidelityinfoservices.com.

FIS is a majority-owned subsidiary of Fidelity National Financial Inc. (NYSE:FNF), number 248 on the Fortune 500 and a provider of outsourced products and services to a variety of industries.  More information about FNF can be found at www.fnf.com.