PRZOOM - /newswire/ -
Jacksonville, FL, United States, 2011/08/11 - FIS™, the world’s largest provider of banking and payments technology, announced that Bridge Bank has deployed FIS’ Integrated Banking Services (IBS) core banking platform (NYSE: FIS) (NASDAQ: BBNK) - BridgeBank.com / FISglobal.com. NYSE: FIS
Serving the professional business community since 2001, Bridge Bank has grown to more than $1 billion in assets, with offices nationwide. With its focus on small, middle market and emerging technology businesses, Bridge Bank selected IBS for its strong commercial functionality, scalability and flexibility. The bank also deployed FIS’ eBanking, TrustDesk® and ACH processing in addition to IBS, which integrates easily with a wide range of solutions.
The IBS platform’s comprehensive capabilities provide financial institutions with innovative technology and IBS is the leading outsourced retail and commercial banking solution among mid-tier banks in the U.S. In addition to the core, FIS eBanking platform provides Bridge Bank with reliable, secure online banking. TrustDesk will enable the administration of wealth management for Bridge Bank’s customers and ACH processing will streamline service and provide accurate, secure ACH payments. Each ancillary solution integrates seamlessly with IBS, allowing the bank to deliver superior products to the market faster and service its customers more effectively.
“We have grown aggressively over the past 10 years,” said John Peckham, executive vice president, Information Systems at Bridge Bank. “And in order to continue growing and meeting the needs of our clients, we decided to deploy FIS’ IBS core processing solution, which provides the technology we need to achieve our goals. We have no doubt that FIS’ IBS core and the complementary suite of services has the capabilities to allow us to continue to be successful.”
“Bridge Bank has accomplished the feat of effectively growing a relatively new bank in an extremely challenging market,” said Anthony Jabbour, executive vice president, FIS Financial Solutions Group. “FIS’ solutions are designed to be the best in the market and to provide financial institutions with a competitive edge by reducing inefficiencies and creating an improved customer experience – allowing Bridge Bank to continue on their path of outstanding growth.”
FIS (fisglobal.com) is the world’s largest global provider 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 32,000 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 ranked 426 on the Fortune 500, is a member of Standard & Poor’s 500® Index and consistently holds a leading ranking in the annual FinTech 100 list.
About Bridge Bank
Bridge Bank (bridgebank.com), National Association is Silicon Valley's full-service professional business bank. The Bank is dedicated to meeting the financial needs of small, middle market, and emerging technology businesses. Bridge Bank provides its clients with a comprehensive package of business banking solutions delivered through experienced, professional bankers.
This news release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors” and other sections of the Company’s Form 10-K and other filings with the Securities and Exchange Commission.
For More Information:
Mary Waggoner, SVP, FIS Investor Relations
P: 904.854.3282 / E: mary.waggoner[.]fisglobal.com