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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

 

 

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