SOURCE: Fidelity National Information Services

May 20, 2008 07:00 ET

Fidelity National Information Services Announces New Triple Play Mobile Banking Offering

FIS Offers Full-Service Mobile Banking Solution

JACKSONVILLE, FL--(Marketwire - May 20, 2008) - Fidelity National Information Services, Inc. (FIS) today announced the launch of its new comprehensive two-way mobile banking and bill pay product suite, FIS Mobile Banking and Bill Pay. The advanced product offering encompasses the three modes of mobile banking -- SMS/text, mobile Web and downloadable application solutions. This new, state of the art suite will address the varied needs of all clients and allow financial institutions to target different segments of their client-base with the most appropriate mobile banking solution.

To provide the most advanced mobile banking and payments offering in the market, FIS teamed with two leading mobile banking and payment providers, ClairMail, Inc. and mFoundry. The two providers had previously announced a partnership and offer complementary, advanced mobile solutions, integrating ClairMail's two-way mobile banking and payments platform and SMS/text and mobile Web solutions with mFoundry's downloadable Spotlight application. As a result of the combined ClairMail-mFoundry solution, FIS will have a single platform to implement, manage and support for its clients. Additionally, the ClairMail platform will allow "wake-up" of the mFoundry application and its Event Engine will enable user-defined two-way actionable alerts.

"In conjunction with mFoundry, ClairMail's complete mobile banking and payments offering and revolutionary two-way alerting Event Engine now give FIS customers the solution they need to appeal to the broad banking consumer base and drive adoption," said Joseph Salesky, chief executive officer of ClairMail. "Whether a bank is looking to enter the mobile arena or strengthen an initial pilot effort with a full-service mobile banking and payments offering, FIS can now provide that integrated solution."

As a leading provider of core technology services in the financial industry, FIS is poised to offer a core-based mobile solution that will ensure consistency between the mobile channel and core banking transaction data. The FIS Mobile Banking solution will be available as a managed service offering or an on-premise implementation, allowing flexibility based on the financial institution's needs. The hosted platform will be interfaced with FIS solutions, including core, internet banking, commercial cash management, bill pay, prepaid, debit and credit card.

"The demand from financial institutions for a secure and comprehensive mobile banking and payments solution has risen dramatically over the past year," said Anthony Jabbour, executive vice president for FIS Core Processing and eBanking. "When deciding among mobile banking and payments solution providers, we selected ClairMail given their unique, best-of-breed capabilities, including two-way functionality across all three mobile user interfaces and their innovative Event Engine. Our previously announced alliance with mFoundry for mobile banking and payments via an advanced downloadable application rounds out the triple-mode solution, which will provide all of our clients, regardless of size, with an affordable, state-of-the-art mobile solution."

"Core processing vendors are uniquely positioned to drive best-in-class mobile banking solutions because of the role they play as technology integrators and ecosystem conductors," said Virginia Garcia, research director of TowerGroup. "FIS is presently the only core processing vendor offering a mobile banking solution on all three mobile user interface modes. TowerGroup believes that deploying a multi-modal mobile banking solution is essential to serving the differentiated needs of all consumer market segments in the highly fragmented mobile marketplace."

About ClairMail

ClairMail optimizes any mobile phone for two-way customer interaction. Only the ClairMail System offers mobile banking and payments applications that utilize any phone's existing messaging and mobile web software and extend the capabilities of third-party native client applications. On one platform with a single implementation, ClairMail empowers financial institutions to provide their customers with easy and immediate two-way access to secure information, account management, no-hold customer service and Actionable Alerts™. Unlike other proprietary and inflexible point solutions, the ClairMail System is a standards-based offering that securely integrates with existing systems, delivering rapid time to value and providing an alternative to more costly channels like call centers and IVR. Founded in 2004, ClairMail is headquartered in Novato, Calif. The company is privately held and funded by Norwest Venture Partners, Outlook Ventures and JAFCO Ventures. For more information call (415) 884-7270 or visit www.clairmail.com.

About Fidelity National Information Services

Fidelity National Information Services, Inc. (NYSE: FIS), a Fortune 500 company, is a leading provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. FIS has processing and technology relationships with 35 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor's (S&P) 500® Index and has been ranked the number one overall financial technology provider in the world by American Banker and the research firm Financial Insights in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS maintains a strong global presence, serving more than 9,000 financial institutions in more than 80 countries worldwide. For more information on Fidelity National Information Services, please visit www.fidelityinfoservices.com.

Contact Information

  • For More Information:

    Michelle Kersch
    904.854.5043
    Senior Vice President
    Corporate Communications
    Fidelity National Information Services
    michelle.kersch@fnis.com

    Mary Waggoner
    904.854.3282
    Senior Vice President
    Investor Relations
    Fidelity National Information Services
    mary.waggoner@fnis.com