CoreFirst Bank & Trust Deploys FIS’ Card Processing Services

JACKSONVILLE, Fla.--()--FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, today announced that CoreFirst Bank & Trust has deployed FIS’ debit card processing and card personalization services.

CoreFirst Bank & Trust has assets of more than $1 billion and operates 36 branches in Kansas and Colorado. Founded in 1959, CoreFirst Bank & Trust was the first bank in its area to provide automated checking, ATMs with 24-hour access and extended banking hours. The bank previously used an in-house solution. Deploying FIS’ card processing services enables CoreFirst Bank & Trust to manage its debit card processes in real-time, allowing the bank to process files as they are received. By eliminating the need to manually track and log incoming files, CoreFirst Bank & Trust can create operational efficiencies, providing more time to focus on customer service.

FIS’ card processing services supports debit, credit and prepaid card-based transactions, providing the necessary messaging and integration with payments industry compliance schemes. Based on flexible technology, FIS’ card processing services are built on modern, open architecture to ensure long-term scalability, availability and performance and support more than 3,500 card issuers and acquirers.

“With expectations high, our conversion went better than expected,” said Steve Huff, senior vice president of Information Technology. “FIS worked with us to avoid a ‘big-bang’ conversion and migrated our ATMs and debit card processing at different times. Their flexibility helped reduce the risk inherent in any conversion, and their knowledgeable resources were ready and available 24/7.”

“FIS is on the forefront of the card processing space,” said Frank D’Angelo, executive vice president, FIS Payment Solutions Group. “Globally, FIS supports more than 125 million debit cards. In deploying FIS’ card processing services, CoreFirst Bank & Trust has ensured that it has the tools necessary to deliver top-notch customer service – as well as to grow and launch new programs in order to continue to meet the ever-changing demands of its customers.”

About FIS

FIS (NYSE: FIS) is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 33,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. First in financial technology, FIS tops the annual FinTech 100 list, is ranked third on the Barron’s 500, 426 on the Fortune 500 and is a member of Standard & Poor’s 500® Index. For more information about FIS, visit http://www.fisglobal.com.

Forward-Looking Statements

This news release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors” and other sections of the Company’s Form 10-K and other filings with the Securities and Exchange Commission.

Contacts

Marcia Danzeisen, 904.438.6083
Senior Vice President
FIS Global Marketing and Communications
marcia.danzeisen@fisglobal.com
or
Mary Waggoner, 904.438.6282
Senior Vice President
FIS Investor Relations
mary.waggoner@fisglobal.com

Release Summary

CoreFirst Bank & Trust has deployed FIS’ debit card processing and card personalization services.

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Contacts

Marcia Danzeisen, 904.438.6083
Senior Vice President
FIS Global Marketing and Communications
marcia.danzeisen@fisglobal.com
or
Mary Waggoner, 904.438.6282
Senior Vice President
FIS Investor Relations
mary.waggoner@fisglobal.com