The American Bankers Association (ABA) has renewed its exclusive endorsement of BISYS as the preferred provider of check imaging solutions for community banks. The BISYS endorsement is based on its comprehensive suite of imaging services, as well as the company's ongoing commitment to the community bank market.
ABA-endorsed providers earn the ABA's support only after a thorough due diligence review by its affiliate, the Corporation for American Banking (CAB). The ABA also exclusively endorses BISYS as the preferred provider of core processing solutions for community banks.
This announcement comes when many banks are seeking to take advantage of the Check Clearing for the 21st Century Act, also known as Check 21. BISYS' speed to market with Check 21 solutions illustrates why BISYS remains the ABA's endorsed provider, according to John Wolff, executive director, CAB.
"BISYS is proactive in developing the technology and service solutions that community banks need to compete successfully in their respective markets. During the course of our relationship, we have repeatedly observed that BISYS is in tune with the competitive and regulatory pressures facing bankers, and consistently provides innovative and timely solutions to address those pressures. We consider BISYS a leader in the banking arena, and we are proud to renew our exclusive endorsement of its check imaging suite," said Wolff.
According to Bill Neville, president of BISYS Information Services, "I am delighted that the ABA has elected to renew its exclusive endorsement of BISYS. Coming on the heels of Check 21 legislation, this renewal not only validates our imaging solutions, but also our ability to respond in an effective and timely manner to regulatory, operational, and competitive changes within the industry. I thank the ABA for its continued trust and confidence in BISYS, and I look forward to a long and healthy relationship between our organizations."