News
FIS SIGNS RESELLER AGREEMENT TO OFFER eGIFTS WIRE TRANSFER SOLUTION WITH THEIR PRODUCT OFFERINGS
January,
2010 New York, NY
GIFTS Software Inc., a leading provider of integrated wire transfer,
anti-money laundering, e-banking and customer relationship solutions,
announced today that FIS one of the world's largest providers
of banking and payments technology has recently signed a reseller
agreement to offer the eGIFTS Wire transfer solution as part of
their integrated product offerings.
The
eGIFTS System will allow FIS to provide a state-of-the-art wire
solution to their customer base with direct online connectivity
to the Fedwire, CHIPS and SWIFT networks. With its many automated
features eGIFTS is designed to enhance, improve and streamline
the payment operation of its user banks.
eGifts
- enhanced Global Integrated Funds transfer & Telecommunications
System, is an exciting next generation browser based system designed
to automate the Payment (Fed, CHIPS, SWIFT) and message processing
of a bank. eGIFTS supports an advanced integrated fuzzy logic
OFAC/SDN filter allowing the Bank to adjust the degree of misspelling
against OFAC entities for both payments and SWIFT messages. An
exclude rule feature helps to reduce false positives for known
"good guys".
Utilizes
the latest hardware and software technologies and uses the powerful
Oracle Database to support both local and remote hot backup. The
system is hardware independent and is currently running on several
platforms; Intel/AMD Windows Server, IBM PSeries & i5 Servers
under AIX O/S and Sun Solaris. The major benefits of the eGIFTS
System are:
Unprecedented System Availability & Ease of Use - eGIFTS utilizes the latest hardware and software technologies to support both local and remote hot backup.
Simple Product Implementation & Rollout - eGIFTS
is browser based with no special software required on the user
PC. Instead, users connect to the FIS eGIFTS server by use of
a secure web browser.
Advanced Fuzzy Logic OFAC/SDN Screening - eGIFTS provides a robust integrated filter which automatically screens each outgoing & incoming wire for OFAC & Travel Rule stringent regulatory compliance.
Integration to FIS Core Banking & Cash Management Systems - eGIFTS provides a seamless integration with FIS's Core Banking & Cash Management Systems and will be offered as an ASP.
About
FIS
FIS delivers banking and payments technologies to more than 14,000
financial institutions and businesses in over 100 countries worldwide.
FIS provides financial institution core processing, and card issuer
and transaction processing services, including the NYCE® Network.
FIS maintains processing and technology relationships with 40
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 consistently
holds a leading ranking in the annual FinTech 100 rankings. Headquartered
in Jacksonville, Fla., FIS employs more than 30,000 on a global
basis. FIS is listed on the New York Stock Exchange under the
"FIS" ticker symbol. For more information about FIS see www.fisglobal.com