S1 Corporation News
FSB Solutions' CrediSphere(TM) for Mortgage Lending
CrediSphere(TM) Mortgage expands from the functionality of the consumer and business lending software to create efficiencies specific to the mortgage lending process, from data entry through processing, underwriting and closing, because everything resides in one system. CrediSphere(TM) minimizes the traditional reliance on multiple underwriting and processing systems through the strength of its internal decisioning and workflow controls, as well as the open opportunity for multi-source customer and collateral data integration.
"Today's market environment reinforces the demand for solutions that provide increased process continuity, control and accountability without sacrificing flexibility and customer response time," said
Other features of CrediSphere(TM) Mortgage include the ability to correctly match an appropriate mortgage product and pricing based on a multitude of application factors. Mortgage products supported include conforming, unconforming, government as well as an institution's portfolio products.
CrediSphere's(TM) real-time, commitment-modeling tools provide significant insight and process improvements when dealing with the secondary markets for program participation and sale.
About FSB Solutions
FSB Solutions is an industry leader in branch automation and lending origination products and a division of S1 Corporation (Nasdaq: SONE). It is a robust development, support, and services organization dedicated to superior customer care and the delivery of value-generating Branch Automation and Credit Origination solutions for the financial industry. FSB Solutions combines the strengths of two great product suites, FSB Branch Automation and FSB Lending Solutions, which are currently installed in more than 1,000 financial institutions at some 100,000+ workstations. Additional information about FSB Solutions is available at www.fsb-solutions.com or by phone at 818.577.2229.
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.
Forward-Looking Statements
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act. These statements include statements with respect to our financial condition, results of operations and business. The words "believes," "expects," "may," "will," "should," "projects," "contemplates," "anticipates," "forecasts," "intends" or similar terminology identify forward-looking statements. These statements are based on our beliefs as well as assumptions made using information currently available to us. Because these statements reflect our current views concerning future events, they involve risks, uncertainties and assumptions. Therefore, actual results may differ significantly from the results discussed in the forward-looking statements. The risk factors included in our reports filed with the Securities and Exchange Commission (and available on our web site at www.s1.com or the SEC's web site at www.sec.gov) provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Except as provided by law, we undertake no obligation to update any forward-looking statement.
SOURCE FSB Solutions
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