S1 Enterprise upgrades online banking suite

Source: S1 Enterprise

S1 Enterprise, a division of S1 Corporation (Nasdaq: SONE) and a leading global provider of customer interaction software solutions, today announced that significant enhancements are now available as part of the 3.6 version of its S1 Personal Banking, S1 Business Banking and S1 Application Manager solutions.

For the first time, the 3.6 release offers a converged and continuous feature set from S1 Personal Banking through S1 Business Banking. This promotes more flexible packaging of online banking features and functionality for targeted customer groups using the S1 Application Manager. "We are really excited by the opportunity this enhanced version of S1 Enterprise offers to our customers," said Jerry Silva, VP, Product Strategy, S1 Enterprise. "They can implement traditional consumer and business banking; family banking with user entitlements; or consumer banking enhanced with wire transfers. Financial institutions can now create "premium" online banking experiences based on the needs of their local markets." These changes are the foundation for further enhancements to support more flexible and comprehensive segmentation that will be delivered in the 3.7 release, expected later this year.

Additional enhancements in the 3.6 release include a new "My Bank" landing page to enhance the customer experience by introducing a single screen from which nearly 80% of typical online banking activity can be accomplished, more marketing space, and dedicated areas for customers to view quick lists of payments, transfers and notifications, or to take immediate action on required approvals.

"After talking to our customers and the analyst community, we believe we are delivering a unique offering through this product release that the marketplace has been seeking," said Neil Underwood, General Manager, S1 Enterprise Americas - Retail Online. "The Retail Online suite of products is but one portion of our enterprise portfolio, along with leading corporate banking, trade finance, branch and call center solutions. While we focus on best of breed point solutions, a multi-channel offering enables us to deliver real value to our customers, translating to significant cost savings and increased revenue."

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