S1 Electronic Vault that will allow online retail and business banking customers to easily and securely upload, store and manage important files via a bank’s online portal

 

S1 Electonic Vault Now Enables Individuals and Businesses to Secure and Manage Valuable Documents Through Their Banks’ Online Portal

September 12, 2008: Norcross, GA— The days of walking into a bank to put crucial documents like wills, tax returns and passports into a physical safety deposit box might be coming to a close for Internet savvy consumers and businesses.  S1 Enterprise, a division of S1 Corporation (Nasdaq: SONE) and a leading provider of multichannel financial service software, today announced enhancements to its recently released S1 Electronic Vault that will allow online retail and business banking customers to easily and securely upload, store and manage important files via a bank’s online portal.

“The S1 Electronic Vault now supports the affiliate capability available in the S1 Enterprise Platform,” states Jan Kruger, President of S1 Enterprise.  “This feature allows S1 Enterprise’s banking clients to create different branding and default configurations for each of their affiliate banks.  Because a single version of the software can support the unique requirements of multiple member banks, our clients will have greater freedom to tailor the software to meet each affiliate’s individual market strategy,” adds Mr. Kruger.

S1 also added two features to make it easier for banking customers to start using the S1 Electronic Vault.  One feature helps customers identify the types of documents that should be loaded in the vault and walks them through the process of loading those files.  This new feature also maintains a list of the types of documents that have been uploaded to remind the customer about files that should be loaded at a future date be properly protected from a loss. 

A second feature enables a customer to upload multiple files or an entire folder in one step to accelerate the loading process for users that have a large number files that they desire to store in the S1 Electronic Vault.  “End user adoption is necessary for the bank to realize the benefit of offering this solution,” states Mr. Kruger, “These new features enhance adoption rates by helping customers to get started using the S1 Electronic Vault.”

 

About S1 Enterprise
More than 100 banks and three million consumer, small business, and corporate users worldwide rely on S1 Enterprise solutions to access and manage their financial information. A division of S1 Corporation (Nasdaq: SONE), S1 Enterprise is a leading provider of integrated banking solutions that enables financial service providers to receive a holistic view of their customer via a common technology platform regardless of delivery channel—branch, call center, Internet, or voice. Additional information about S1 Enterprise is available at www.S1Enterprise.com.

About S1 Corporation
S1 Corporation (Nasdaq: SONE) delivers customer interaction software for financial and payment services and offers unique solution sets for financial institutions, retailers, and processors under three brand names: Postilion, S1 Enterprise and FSB Solutions. Additional information about S1 solutions is available at www.s1.com, www.postilion.com, www.S1enterprise.com, and www.fsb-solutions.com.



 

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