As part of this multi-year agreement, FIS will also deliver several supporting products including, Commercial eBanking, Business eBanking, Sales and Service as well as EFT solutions.
The bank will utilize the NYCE Payments Network for point-of-sale and ATM transactions.
According to FIS, IBS is an integrated core banking solution that provides financial institutions with innovative technology involving minimal disruption to their business operations and customers.
FIS’ EFT solutions are utilized by financial institutions to manage their ATM/debit needs. In 2010 the number of EFT transactions processed through FIS’ solutions topped 11 billion.
FIS Financial Solutions Group executive vice president Anthony Jabbour said IBS is a proven and comprehensive solution that will provide American Chartered Bank with tools to streamline their processes, create operational efficiencies and ultimately to expand their reach in their target market.
"The tight integration of IBS with supplemental solutions allows American Chartered to enhance their performance to the benefit of their customers," Jabbour said.
