S1 mobile adoption on the rise

BAI 2010 Retail Delivery, Booth #1053; NORCROSS & LAS VEGAS, USA: S1 Corp., a leading global provider of payments and financial services software solutions, announced that more than 35 customers across three continents have licensed the S1 Mobile application.

In addition, S1 mobile-enabled customer applications are available on the App StoreSM for the following financial institutions: Trustmark, Mercantile Bank of Michigan, First Community Bank, and Ventura County Credit Union.

According to Jupiter Research, "the number of mobile subscribers who use their phones for mobile banking will exceed 400 million globally by 2013, which is double the number of users this year."

As mobile banking popularity and usage continues to increase, the need for financial institutions to offer compelling and convenient mobile banking and payments applications is vital to support a customer base that is managing more of their daily lives with mobile smart devices. In order to meet that demand, S1 continues to focus on delivering rich new features and applications. S1's banking customers can enhance their mobile banking and payments offerings with an iPad and Blackberry application and a personal payments feature through a relationship with PayPal.

"The S1 Mobile application has enabled us to truly deliver our customers anytime, anywhere access to their financial information," said Joe Gibbs, senior VP, e-Business Services, Trustmark.

"Within the first month of launching our Mobile solution at the beginning of June, which also included an iPhone app, we had over 3,200 downloads of our application from the App Store. We are also using S1's launcher app for BlackBerry and are in the process of testing an iPad app from S1. Our customers have given us very positive feedback, and we are tremendously excited about the potential mobile presents to both Trustmark and our customers."

Trustmark National Bank is a subsidiary of Trustmark Corporation, a $9.8 billion asset, diversified financial services company, with locations in Florida, Mississippi, Tennessee and Texas.

"We have been extremely pleased with S1's Mobile applications because our customers expect to have access to their financial lives in the same manner they manage other aspects of their lives through mobile devices," said John Hanley, Advertising and PR officer, Sunflower Bank.

"We did very little marketing, in fact just a single promotion. Within our first day live, we had 300 customers enroll, and by the end of the first week in production, there were 1,000 customers live without any support calls for help with the service." Sunflower Bank is a $1.8-billion community bank headquartered in Salina, Kansas with 33 branch locations throughout Kansas and Colorado.

Mobile banking adoption continues to grow globally and S1 customers are increasingly meeting the demand for on-the-go banking solutions. The S1 Mobile platform offers flexible options, including mobile Internet browser (WAP/xHTML) access, SMS (with an option for IVR PIN) and downloadable applications, which support all key mobile channels, enabling deeper, more profitable customer relationships.

"Mobile banking has quickly become an essential component of a successful multi-channel banking environment," said Johann Dreyer, CEO, S1 Corp.

"We are seeing increased interest for mobile solutions across the global markets we serve. As demand for more convenient banking and payments services continue to grow, financial institutions that deploy S1 Mobile are positioned to deliver real-time mobile payment solutions that ensure they remain an integral part of the payment process and create more revenue generating opportunities."