Return to Front Page In this issue • Don't Miss the Security Webinar "2011 Global Cyber Security Threat Trends and How to Make Your Best Defense" • Join the S1 User Group today and get involved! • First Northern Bank Live with S1 Retail and Business Internet Banking • S1 Roadshows 2011: First Event Announced • How Will Your Financial Institution Save Money This Year? • Stay Informed of the Latest Trends and Threats with S1 Security Alerts • S1 and Anza Launch Money Transfer Service for Financial Institutions • S1 2011 Events Calendar Transaction Growth on the Rise with Anza Money Transfer Service Anza has successfully implemented bank customer and prepaid debit card programs with money transfer capability and has experienced transaction growth to China, Mexico and the Caribbean. This payment-as-a-service offering easily integrates with S1's Consumer Online Banking solution to provide bank customers with the ability to perform domestic and international money transfers. The solution is already live with clients using both S1's IBS and self-service banking solutions. Anza has also implemented the use of lower cost money transfer networks that include the US Federal Reserve Bank's International ACH Transaction (IAT) network. "Transaction growth has proven we have a viable solution that can be easily implemented by banks in order to compete with existing third-party providers and large financial institutions implementing universal money movement solutions," says Randy Gutierrez, President and CEO of Anza. Anza Money Transfer Service is a turn-key service enabling financial institutions to offer a competitive, revenue-generating person-to-person payments service to consumers through the convenient, trusted online banking channel. The service was designed with the needs of community and regional banks and credit unions in mind, removing key risk, operations, and compliance hurdles faced by smaller institutions. The service is offered by Anza International in conjunction with national bank partner, Central National Bank, and S1. Benefits to financial institutions: Respond to consumer demand for money transfer capability and consolidate customer financial activity at your institution Service emerging and specialty segment needs (affluent, remittance, GenY, etc.) Earn revenue share per transaction Turn-key service model (divest operations, risk, compliance, settlement, customer service) No set-up or systems interface costs (integrates with S1 and core banking environment) Financial institution-defined operations procedures with automated program and risk controls Benefits to consumers: Send money to virtually anyone, anywhere from a bank account Accessed through the convenient and trusted online banking channel Significantly lower rates than traditional money transfer Straightforward pricing and multiple delivery options "Anza Money Transfer has been architected to provide seamless integration with banking web sites", says John Lee, Chief Technology Officer of Anza. "We offer flexible settlement options and the ability to easily add new remittance delivery endpoints as we expand our remittance network." To learn more about Anza Money Transfer Service, contact your account executive or e-mail us at S1CommunityBanks@s1.com.