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First
National Bank & Trust ImageCentre Check and Wholesale
Remittance Imaging Solution
Browser-based solution
to
provide an advanced platform for payment processing, image
exchange and fraud detection capabilities
Kokomo,
In and Jacksonville,
Fla. – (November 16, 2004) –
First
National Bank & Trust and the Fidelity Information Services
(“Fidelity”) division of Fidelity National Financial, Inc. (NYSE:FNF),
a Fortune 500 provider of products and outsourced services and solutions
to financial institutions and the real estate industry, have announced
the signing of an agreement for ImageCentre™
check imaging, wholesale remittance imaging, and other payment
processing solutions.
Headquartered
in Kokomo, IN, First National Bank & Trust is a subsidiary of Hasten
Bancshares and is one of Indiana’s largest privately held banks. First
National Bank & Trust serves communities throughout central Indiana
and offers a complete suite of retail, commercial, trust, and other
banking services.
The
ImageCentre suite provides financial institutions with a complete
browser-based payment processing and document management solution. The
ImageCentre Wholesale Remittance module automates the capture of checks,
stubs, invoices and letter and legal size documents into an integrated
customer transaction. Once captured, a bank’s customer can access
information from a web-based front end for research, report retrieval
and to download files to accounting packages. BankWare, a provider of
check imaging solutions, developed the ImageCentre suite of products and
was acquired by Fidelity Information Services in April 2004.
“We
are excited about the partnership with BankWare,” said Terry Runyon,
First National Bank & Trust’s Item Processing Manager. “We are
confident that the ImageCentre solution will be responsive to technology
needs today and in the future. ImageCentre's integrated solution
provides a suite of products that meet market demands, while protecting
our clients’ best interest. ImageCentre's browser-based solution
empowers us to take full advantage of image technology—helping us to
promote superior customer service.”
“The
suite’s integrated capabilities go beyond streamlining processing,”
said Bob Darty, group executive for the BankWare division of Fidelity
Information Services. “First National Bank & Trust and other
progressive financial institutions will find that ImageCentre also
improves transaction integrity, eliminates capture passes and expenses
on imaging equipment, and enables earlier fraud detection to reduce
potential losses.”
First
National Bank & Trust
First
National Bank & Trust (www.firstnationalbank.com)
is one of Indiana’s largest privately held banks. Headquartered in
Kokomo, Indiana, First National Bank & Trust has nearly $1.5 billion
in assets and 27 full-service banking offices located throughout central
Indiana. First National Bank & Trust operates financial centers in
20 communities, including: Brazil, Carlisle, Carmel, Clay City,
Farmersburg, Fishers, Geist, Indianapolis, Kokomo, Logansport, Marion,
Martinsville, Mooresville, Noblesville, Plainfield, Richmond, Shelburn,
Sullivan, Terre Haute, and Tipton. First National Bank & Trust is a
full financial services provider including retail and commercial banking
and trust services. Hasten Bancshares is the parent company of First
National Bank & Trust and its two subsidiaries, First National
Investments and First National Insurance.
About
Fidelity National Financial
Fidelity
National Financial, Inc., number 262 on the Fortune 500, is a provider
of products and outsourced services and solutions to financial
institutions and the real estate industry. The Company had total revenue
of more than $7.7 billion and earned more than $860 million in 2003,
with cash flow from operations of nearly $1.3 billion for that same
period. FNF is a leading provider of information-based technology
solutions and processing services to financial institutions and the
mortgage and financial services industries through its subsidiary
Fidelity Information Services, Inc. Fidelity Information Services'
software processes nearly 50 percent of all U.S. residential mortgages.
It has processing and technology relationships with 45 of the top 50 U.
S. banks as well as more than 3,200 community-based financial
institutions and has clients in more than 50 countries who rely on its
processing and outsourcing products and services. Additionally, Fidelity
Information Services operates a strategic network of 53 image-enabled
item processing centers, placing it among the nation's leading providers
of image-based check processing solutions.
Fidelity
National Financial is the nation's largest title insurance company and
also provides other real estate-related services such as escrow, flood
and tax certifications with life of loan monitoring, merged credit
reporting, property valuations and appraisals, default management,
relocation services, flood, homeowners and home warranty insurance,
exchange intermediary services, mortgage loan aggregation and
fulfillment, multiple listing services software, mortgage loan
origination software, collateral scoring analytics and real property
data. More information about the FNF family of companies can be found at
www.fnf.com and www.fidelityifs.com.
This
press release contains statements related to future events and
expectations and, as such, constitutes forwardlooking statements. These
forward-looking statements are subject to known and unknown risks,
uncertainties and other factors that may cause actual results,
performance or achievements of the Company to be different from those
expressed or implied above. The Company expressly disclaims any duty to
update or revise forward-looking statements. The risks and uncertainties
which forward-looking statements are subject to include, but are not
limited to, the effect of governmental regulations, the economy,
competition and other risks detailed from time to time in the
“Management’s Discussion and Analysis” section of the Company’s
Form 10-K and other reports and filings with the Securities and Exchange
Commission.
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