JACKSONVILLE, Fla.—FIS™ (NYSE:FIS), one of the world’s largest providers of banking and payments technology, today announced that Wichita, Kan.-based INTRUST Bank has selected its credit card processing, loyalty, merchant processing, and fraud detection and prevention solutions.
INTRUST Bank is an existing FIS customer who has already deployed its IBS core processing platform, ATM/debit card processing solution and wealth management solution for the bank’s broad customer base. As part of the expanded relationship, FIS will offer INTRUST a fully integrated suite of credit card solutions.
FIS will provide INTRUST Bank with a single platform for handling processing, issuance, customer service and fraud detection and protection, with a complete range of options for individual and business cardholders. When interfaced with FIS’ robust information collection and management features, the fraud detection and prevention solution combines advanced behavior scoring with a powerful adaptive control system to create actionable data, providing accurate, up-to-the-minute risk and revenue evaluations for each account. FIS’ full suite of merchant processing capabilities enables financial institutions to grow their commercial and retail customer base by serving a variety of markets including healthcare, e-commerce and utility with a completely integrated payment processing solution.
“The decision to add these solutions from FIS was based on the productive, 15-year business relationship we have with FIS and its management team,” said Tom Morrison, senior vice president of INTRUST Bank. “INTRUST offers a wide range of products to its customers including payments accounts, card products, Wealth Management and commercial services. With FIS, we now have a processor that can handle every facet of our business − a true strategic partner in delivering integrated solutions to our customers.”
“FIS has developed a platform at the forefront of credit card processing technology integrated with fraud and loyalty programs that deliver the flexibility and adaptability that banks need to remain highly competitive,” said Bob Bream, president of North America Card and Payment Solutions. “FIS’ responsive, innovative technology supports a financial institution’s consumer, commercial and retail payment strategy, with speed-to-market as the result. With these additional solutions, INTRUST will be able to roll out new products as market conditions warrant, without costly, time-consuming development, and gain real-time access to global support on a single multilanguage, multicurrency platform.”
About INTRUST Bank
INTRUST Bank, based in Wichita, Kansas, provides a full range of personal and business banking products, including commercial and consumer lending, international banking, treasury management, and investment services. With assets of $3.5 billion and 900 employees, INTRUST operates 47 branches in Wichita, northeast Kansas, the Oklahoma City area, and northwest Arkansas. The bank, originally founded in 1876, is managed by the fourth generation of the C.Q. Chandler family and is known for its commitment to innovative, high-tech services, all with a personal touch and the assurance of discretion. For more information, visit www.intrustbank.com.
About FIS
FIS (NYSE: FIS) is one of the world’s largest global providers dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 30,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. FIS is a member of Standard & Poor’s 500® Index and consistently holds a leading ranking in the annual FinTech 100 list. For more information about FIS, visit www.fisglobal.com.