JACKSONVILLE, Fla., Nov 12, 2008 (allCUnews.com) -- Fidelity National Information Services, Inc. (FIS) today announced that Maryland-based Municipal Employees Credit Union, has selected FIS' MISER platform as its core processing solution.
A global leader in processing and technology solutions for financial institutions, FIS was selected by MECU after an exhaustive RFP process, during which MECU conducted a thorough analysis of the best available technology in the industry. MISER is one of FIS' premium core processing solutions, delivering real-time, 24/7 high-volume transaction processing and comprehensive, tightly integrated retail and commercial functionality to banks and credit unions. MISER is a robust retail, commercial and mortgage package all in one, providing financial institutions with increased efficiency, revenue and profitability through its integrated and scalable design.
A member-owned, not-for-profit financial cooperative headquartered in Baltimore, Md., MECU has assets of more than $830 million and is committed to providing its 90,000 members with high quality financial services through sound management and innovation.
"Making choices that benefit our members and provide our members with the finest financial products and services is always at the forefront of our decision making," said Bert J. Hash Jr., president and chief executive officer of MECU. "The MISER system's real-time efficiencies and breadth of functionality will enable MECU to continue exceeding member expectations as we grow."
"When you consider MECU's commitment to providing excellence to its members and its extensive search efforts to identify the best technology, the selection of FIS' MISER core processing solution speaks volumes for the caliber of performance MISER is capable of and the confidence MECU places in FIS," said James A. Susoreny, executive vice president for FIS. "We are happy to have the opportunity to help MECU achieve even greater efficiencies, reach new heights in member satisfaction levels and propagate MECU's reputation of excellence to its members."
About Municipal Employees Credit Union
MECU is a member-owned not-for-profit financial cooperative committed to providing its members with high quality financial services through sound management and innovation for over 70 years. It represents over 90,000 members, with assets over $830 million.
About Fidelity National Information Services
Fidelity National Information Services, Inc., a Fortune 500 company, is a leading provider of core processing for financial institutions; card issuer and transaction processing services; and outsourcing services to financial institutions and retailers. FIS has processing and technology relationships with 40 of the top 50 global banks, including nine of the top 10. FIS is a member of Standard and Poor's (S&P) 500(R) Index and has been ranked the number one overall financial technology provider in the world by American Banker and the research firm Financial Insights in the annual FinTech 100 rankings. Headquartered in Jacksonville, Fla., FIS maintains a strong global presence, serving more than 13,000 financial institutions in more than 80 countries worldwide. For more information on Fidelity National Information Services, please visit www.fidelityinfoservices.com [1] .
Forward-Looking Statements
This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the "Statement Regarding Forward-looking Information," "Risk Factors" and other sections of the Company's Form 10-K and other filings with the Securities and Exchange Commission.
SOURCE Fidelity National Information Services, Inc.
Links:
[1] http://www.fidelityinfoservices.com
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