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Liberty Bank of Arkansas renews FundsXpress payments services contract

28 June 2006  |  1788 views  |  0 Source: FundsXpress Financial Network

FundsXpress Financial Network, Inc., the premier provider of online financial services, and Liberty Bank of Arkansas, a $1.4 billion asset institution headquartered in Jonesboro, Arkansas, today announced the renewal of their strategic partnership.

Liberty Bank of Arkansas, a FundsXpress client since 2003, expands its fxBusiness Banking platform with Positive Pay, repetitive wires, repurchase agreements, and ACH, while adding fxWealth Management, fx eStatements, and fxEnhanced Marketing and Reporting Package to its fx eBanking system. Liberty Bank will also benefit from the new FundsXpress Security suite, the industry's most comprehensive anti-fraud and risk analysis solution.

"The FundsXpress Positive Pay solution does all the work and assures the validity of cleared checks, which is a great convenience to our customers," said Mike Tinsley, senior vice president of information systems, Liberty Bank of Arkansas. "By adding Positive Pay to our fxBusiness Banking platform, our commercial clients can now take advantage of this effective weapon against check fraud."

"Adding Positive Pay is critical to the security of the online banking channel and increases the confidence of commercial account holders," said Greg Constantine, executive vice president, FundsXpress. "This upgrade along with our newly released fxSecurity Solution, a comprehensive anti-fraud and risk analysis tool, gives our client institutions a competitive advantage that will help them attract account holders and ensure compliancy."

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