FNF Fidelity National Financial Inc

Carreker Chosen to Deliver Comprehensive Check 21 Readiness Workshops to Fidelity Integrated Financial Solutions' Client Base More Than 1,300 Financial Institution Clients Can Benefit From Carreker's Industry Leading Check 21 Readiness Workshop LAS VEGAS, May 19 /PRNewswire-FirstCall/ -- BAI TransPay Conference -- Carreker Corporation , a leading provider of technology and consulting solutions for the financial industry, and Fidelity Integrated Financial Solutions (IFS), a division of Fidelity National Financial, Inc. , a Fortune 500 provider of products and outsourced services and solutions to financial institutions and the real estate industry, announced today an alliance in which Carreker will offer Check 21 Readiness consulting services to the more than 1,300 financial institutions that comprise Fidelity IFS' client base. Carreker's Check 21 Readiness Program consists of a variety of offerings including an intensive two-day workshop designed for all areas of a bank impacted by Check 21. It is delivered on site at the client bank, tailored to the bank's business strategy and technology environment and focused on ensuring that the bank's Check 21 response is synchronized across the enterprise. It includes a comprehensive post-workshop analysis of the relative preparedness of each area of the bank and a detailed report that guides the bank's ongoing preparations and prioritization. In addition to the on-site workshops, Carreker offers a series of advanced Check 21 Readiness Webinars, designed to provide the participants with a complete understanding of the critical tasks associated with Check 21. "As Check 21 promises to produce some of the most sweeping changes that the financial services industry has witnessed in years, we wanted to form an alliance with a proven leader that could help our entire client base get prepared to fully realize the benefits as well as recognize the challenges that Check 21 will bring," said Gary Norcross, president, Fidelity Integrated Financial Solutions. "This alliance allows both parties to extend their market reach and penetration, Fidelity by leveraging Carreker's well- established name to gain access to clients that we may not normally be able to reach and Carreker by delivering their Check 21 Readiness Program to our extensive client base." "It's obvious to us that financial institutions that outsource key processes have a double challenge in preparing for Check 21 -- making sure that their requirements are compatible with the outsourcer's Check 21 offerings and more importantly continuing to provide their customers and members with the same high levels of service," said Steve Hill, director of business development, Global Payments Consulting, Carreker. "Through this alliance Fidelity is clearly demonstrating its commitment to its clients by expanding its product offerings to ensure that clients have access to a customized Check 21 educational resource that will help them successfully transition from a paper-based payments system to an image and electronic exchange processing environment." "Our bank was able to realize immediate short and long-term benefits from this alliance," said James Riley, division head, Indirect Client Services, Wilmington Trust, a Fidelity client who selected Carreker's Check 21 Readiness Program. "The most important implications of Check 21 that the two organizations helped us to quickly understand were customer education, employee training, and IRD receipt/processing. Just helping us to prepare for the impact in these critical areas was vital to our Check 21 strategy. In addition, the Workshops also allowed us to begin planning for important issues that will affect us over the coming months and years such as source capture, image exchange, and payments migration." Carreker chairman and CEO J.D. (Denny) Carreker said, "This alliance further reinforces our leadership role in providing banks of all sizes with successful Check 21 migration strategies. Carreker's tailored workshops offer Fidelity's large client base of more than 1,300 financial institutions the ability to maximize the opportunities and minimize the risks associated with Check 21." In addition to its Check 21 Readiness and Assessment training Carreker offers a full range of Check 21 consulting including Customer Awareness Seminars, image migration planning, and implementation and integration services, as well as Check 21-related technology for distributed capture, image exchange, image replacement documents, image quality, and image-enabled back office functions. About Fidelity Financial, Inc. 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 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 $3 trillion, has processing and technology relationships with 46 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/ . About Carreker Corporation Carreker Corporation improves earnings for financial institutions around the world. The Company's integrated consulting and software solutions are designed to increase clients' revenues and reduce their expenses, while improving security and increasing the value of their customer relationships. Carreker provides products and services to more than 250 clients in the United States, Canada, the United Kingdom, Ireland, continental Europe, Australia, New Zealand, South Africa, South America, Mexico, and the Caribbean. Clients include the full range of community, regional and large banks, among them more than 75 of the largest 100 banks in the United States. Headquartered in Dallas, Texas since 1978, Carreker Corporation has offices in London and Sydney. For more information, visit http://www.carreker.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: Carreker Corporation; Fidelity National Financial, Inc. CONTACT: Ann Cain, Strategic Communications Director, +1-972-371-1748, or , or Lisa Peterson, Chief Financial Officer, +1-972-371-1454, or , both of Carreker Corporation; or Kevin Lash, Director of Fidelity Integrated Financial Solutions, +1-407-875-1818, ext. 309, or Web site: http://www.carreker.com/ http://www.fnf.com/ http://www.fidelityinfoservices.com/

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