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S1 targets small and medium sized firms with product upgrades

16 July 2003  |  2804 views  |  0 S1 targets small and medium sized firms with product upgrades

S1 Corporation has released new versions of its business, corporate and personal banking products and has added new functions to its J2EE-based Enterprise platform and administration tool, Application Manager.

S1 says the upgraded products feature expanded functionality for the retail and corporate markets although the most significant enhancements are focused on delivering features for the small to medium-size business market.

S1 Business Banking 2.0 now includes expanded information reporting capabilities with custom report options. The product also features improved payment and cheque services components with multiple approval levels, image viewing, real-time cheque inquiry and online enrollment for bill payment.

Version 2.0 of S1's corporate banking system includes functionality for large corporation cash managers - such as file download, one-to-many/many-to-one account transfers and a digital signature framework.

The vendor's Personal Banking 2.0 package now includes HTML statement generation and the ability to categorise and report on transactions.

S1's Enterprise Platform has also been enhanced to better support multi-bank holding companies and now provides one view of customers through a shared data model across all Internet banking channels.

In addition, S1 Application Manager, a bank administration tool that coordinates customer information, data presentation, configuration and operational needs, has been expanded with additional bank reporting and bill payment management functions.

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