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Fis claims 11 new BancPac contracts

07 September 2010  |  3109 views  |  0 Source: Fis

Fis (NYSE:FIS), one of the world's largest providers of banking and payments technology, today announced that it has completed 11 new agreements year-to-date for its BancPac core processing solution.

Town & Country Bank and Trust Company, a community bank located in Bardstown, Ky., is one of FIS' newest BancPac clients.

Town & Country Bank and Trust Company has deployed FIS' BancPac core processing solution in conjunction with other integrated FIS solutions, including ATM/Debit card processing, bill payment, eBanking, imaging, TellerElite and others.

BancPac can be fully integrated with a suite of modules designed to expedite new account origination, as well as create and maintain a successful sales culture throughout the bank, resulting in greatly improved communications, streamlined administrative functions and a complete snapshot of the sales and service pipeline. Since BancPac's Windows®-based architecture leverages existing hardware systems and real client-server technology, FIS delivers one of the most efficient, easy-to-use and cost-effective systems for core bank processing available in the industry today.

"We were seeking a single source solution partner to replace the multiple vendors that currently provide us with a variety of mission critical applications," said Ben Wathen, executive vice president and chief operating officer at Town & Country Bank and Trust Company. "With FIS, we now have an integrated solution from one provider that delivers technology designed to expedite new account origination. BancPac provides us with the ability to create and maintain a successful sales culture that will result in new clients and cross-sell opportunities, directly contributing to our bottom line."

"FIS' BancPac provides community banks with integrated technology that is efficient, fast, affordable and easy to use," said Anthony Jabbour, executive vice president, FIS Financial Solutions Group. "We've experienced more banks selecting BancPac because it can minimize IT costs by running on a financial institution's existing PC platform, while also providing the ability to customize solutions, giving an organization more flexibility and control. FIS looks forward to supporting Town & Country by offering streamlined processing capabilities and helping them achieve their long-term growth strategy."

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