Fidelity Integrated Financial Solutions Provides Integrated Banking Services For The Citizens Bank JACKSONVILLE, Fla., Nov. 4 /PRNewswire-FirstCall/ -- Fidelity Integrated Financial Solutions (Fidelity), a division of Fidelity National Financial , today announced that The Citizens Bank of Philadelphia, Mississippi, has signed a five-year agreement for the HORIZON Integrated Banking Solution. The Citizens Bank currently operates 19 branches in eight central Mississippi counties. Over the past two years, the bank's asset size has grown by nearly 49 percent. Citizens Bank has been a customer of Fidelity utilizing Fidelity's platform origination products, and is now expanding their relationship by adding the HORIZON Integrated Banking Solution, including ACquire for report management and distribution and the DASH network for ATM transaction processing. "The decision was made after extensive due diligence and analysis of top system providers," said Tim Lofton, vice president & CIO of The Citizens Bank. "Not only is Fidelity the best solution, it is a total solution. Their integrated banking system will allow us to have a single view of our customers across the enterprise enabling sales growth and operational efficiencies, while improving customer service." "The Citizens Bank has been a long time user of Fidelity products and services," said Gary Norcross, president of Fidelity Integrated Financial Solutions. "We are excited that they have chosen to supplement their current information technology environment with additional Fidelity value solutions. By using our integrated suite of products, they will further enhance their client relationships." Fidelity National Financial, Inc., number 326 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 $5.7 billion and earned more than $665 million in the first nine months of 2003, with cash flow from operations of nearly $1 billion for that same period. FNF is one of the world's largest providers 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 processes nearly 50 percent of all U.S. residential mortgages, with balances exceeding $2.5 trillion, has processing and technology relationships with 48 of the top 50 U.S. banks and has clients in more than 50 countries who rely on its processing and outsourcing products and services. Additionally, FNF 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 http://www.fnf.com/ and http://www.fidelityinfoservices.com/ . This press release contains statements related to future events and expectations and, as such, constitutes forward-looking 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. DATASOURCE: Fidelity National Financial, Inc. CONTACT: Daniel Kennedy Murphy, Senior Vice President, Finance and Investor Relations of Fidelity National Financial, +1-904-854-8120, ; or Ashley Rankin, Marketing Manager, Marketing/Communications of Fidelity Integrated Financial Solutions, +1-501-220-5917, Web site: http://www.fnf.com/

Copyright

Fidelity National Financ... (NYSE:FNF)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Fidelity National Financ... Charts.
Fidelity National Financ... (NYSE:FNF)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Fidelity National Financ... Charts.