Fidelity National Information Services : Cadence Bank Expands Relationship with FIS
07/12/2012| 08:20am US/Eastern

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FIS™
(NYSE:FIS), the world's largest provider of banking and payments
technology, today announced that Cadence Bank has expanded its
relationship with FIS through the deployment of several new solutions,
including electronic funds transfer (EFT)
processing, ATM
driving and fraud
management.
Backed by more than 125 years of financial history and a trusted
reputation, Cadence Bank is a regional bank with a network of over 110
locations in Alabama, Florida, Georgia, Mississippi, Tennessee and
Texas. Among the FIS solutions currently in use at Cadence Bank are core
account processing and Compliance
Databank. The EFT solution's deep integration with the existing FIS
core processor, and FIS' state-of-the-art fraud management
functionality, were key factors in Cadence's selection to expand its
relationship with FIS. FIS' product integration provides exceptional
operational efficiencies in the back-office.
An industry leader in EFT, FIS processes more than 14 million EFT
transactions annually. Providing comprehensive solutions, with the
availability of either outsourced or in-house delivery models, FIS' EFT
solutions provide complete end-to-end functionality for account opening,
card production and transaction processing. ATM driving from
FIS provides a reliable ATM system with the most current features and
functions, delivering high availability and extensive monitoring
capabilities, enabling financial institutions to provide seamless
delivery of ATM products and services. Costing financial institutions
billions of dollars annually, card fraud is an ongoing challenge for
financial institutions and consumers alike. FIS' comprehensive fraud
management solutions provide institutions with the tools to mitigate
their fraud risk. FIS currently protects more than 39 million
cardholders from card fraud.
"Cadence Bank has been exceptionally pleased with the solutions and
services from FIS," said Danny Taylor, chief information officer,
Cadence Bank. "Adding FIS' EFT processing, with its seamless integration
to our core solution, will provide our staff with a much more efficient
system. We'll have an industry-leading solution from a provider we
trust, leading to more efficient processes for our staff."
"No other provider offers the breadth of solutions that FIS offers,"
said Anthony
Jabbour, executive vice president, FIS Financial Solutions Group.
"FIS enables financial institutions to define and deploy their own EFT
growth strategy, resulting in a more personalized experience for their
customers. With more than 40 years' of experience - and thousands of
clients - financial institutions can rely upon FIS to provide the
innovative and industry-leading solutions they require."
About
FIS
FIS (NYSE:FIS) is the world's largest global provider dedicated to
banking and payments technologies. With a long history deeply rooted in
the financial services sector, FIS serves more than 14,000 institutions
in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs
more than 32,000 people worldwide and holds leadership positions in
payment processing and banking solutions, providing software, services
and outsourcing of the technology that drives financial institutions.
First in financial technology, FIS tops the annual FinTech 100 list, is
425 on the Fortune 500 and is a member of Standard & Poor's 500®
Index. For more information about FIS, visit www.fisglobal.com.
Forward-Looking Statements
This news 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.

Kim Snider, 904.438.6278
Vice President
FIS Global Marketing
and Communications
kim.snider@fisglobal.com
or
Mary
Waggoner, 904.438.6282
Senior Vice President
FIS Investor
Relations
mary.waggoner@fisglobal.com
© Business Wire 2012
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