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Zions Bancorporation chooses S1 for online treasury management

27 May 2009  |  2998 views  |  0 Source: S1 Enterprise

S1 Enterprise, a division of S1 Corporation (Nasdaq: SONE) and a leading global provider of multichannel financial services software, today announced that Zions Bancorporation, will deploy S1 Corporate Banking to deliver a single feature-rich online solution to its corporate banking customers.

Zions selected S1 for its innovative product functionality, leading edge technology, and premier customer service. Zions' goal is to exceed its treasury management clients' expectations with a new online experience, focusing on the system's ease-of-use and depth of functionality. Zions' new solution will offer users more flexibility and provide the ability to customize the user experience. The system provides numerous payment options for high and low value payments. Additionally, the offering will include comprehensive security and risk management features.

"The synergy we felt with S1 was important. We wanted to partner with a software provider who demonstrates an innovative spirit as well as proven implementation success." said Debra J. Innes, EVP/Manager, Corporate Treasury Management of Zions Bancorporation. "In addition, S1's collaborative product development approach was a key criterion. We feel the S1 Corporate Banking team demonstrates market and implementation responsiveness critical for us to offer a compelling solution to our corporate clients across all of Zions Bancorporation's affiliate banks."

"We have extensive experience implementing sophisticated solutions with the innovative functionality large banks are seeking," said Fred Dumas, General Manager, S1 Treasury Online Group. "Zions and S1 have a long, successful relationship in the consumer, small business, and branch space. We are excited that Zions has selected S1 Corporate Banking to serve as an integral part of its online strategy for corporate customers and look forward to extending our partnership."

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