JACKSONVILLE, Fla. – Fidelity National Information Services, Inc. (FIS) today announced availability of FIS Xpress Deposit, the company’s consumer remote deposit solution. This offering makes FIS the first national financial services IT provider to offer remote deposit services to both businesses and consumers. FIS is the only national IT provider who has both services available for immediate deployment.
In its simplest form, remote deposit makes it possible for consumers to scan checks from any location they choose, using widely available flatbed scanner technology, and send electronic images of the items to their financial institution for processing. This service complements FIS’ highly successful Commercial Capture Xpress™ solution for businesses and merchants.
According to Robert Hunt, a senior research director in the Retail Banking practice at TowerGroup, “banks and credit unions can gain new deposits and increase customer retention by providing remote deposit services to consumers.”
First Command Bank in Fort Worth, Texas, is using FIS Xpress Deposit. Additionally, several clients are expected to be in production in the next 60-to-90 days.
“We are constantly looking for innovative ways to serve our global customers,” said Sherry Sitton, executive vice president of First Command Bank. “With FIS Xpress Deposit, we can offer our customers the convenience of depositing checks from home.”
“FIS’ full complement of deposit processing capabilities – from branch automation and back-office automation, to distributed capture and processing of items – is unmatched in the industry,” said Randy Fluitt, executive vice president, FIS. “FIS’ development of a consumer remote deposit processing solution further illustrates our commitment to offering leading-edge deposit processing technology.”
About First Command Bank
With a focus on providing convenience, value and excellent service for our clients, First Command Bank offers a full range of personal and business banking products and services designed to make managing your cash flow easier. Since 1997, First Command Bank has offered the banking solutions you need for everyday life—from no-fee credit cards to low-interest loans and competitive checking and savings accounts—and combined them with the convenience of free online banking, Web bill pay and toll-free phone support from anywhere in the world. For more information about First Command Bank, visit www.firstcommandbank.com. Member FDIC. Equal Housing Lender.
About Fidelity National Information Services
Fidelity National Information Services, Inc. (NYSE: FIS), a Fortune 500 company, 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 10. FIS is a member of Standard and Poor's (S&P) 500(R) Index and has been ranked the number one overall financial technology provider in the world by American Banker and the research firm Financial Insights in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS maintains a strong global presence, serving more than 9,000 financial institutions in more than 80 countries worldwide. For more information on Fidelity National Information Services, please visit www.fidelityinfoservices.com.
Forward-Looking Statements
This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors” and other sections of the Company’s Form 10-K and other filings with the Securities and Exchange Commission.