S1 Corporation (Nasdaq: SONE), a provider of enterprise solutions for the financial services industry, says that U.S. Bank (NYSE:USB), the country’s eighth largest bank with $171 billion in assets, will implement S1 Business Banking.
The Minneapolis-based bank says it hopes to expand its online business banking offerings and establish a single platform for the delivery of new treasury management services by using S1 Business Banking.
Additionally, U.S. Bank has signed on as one of S1’s Market Leadership Partners (MLPs), a group providing S1 with input on product capabilities that will meet financial services organizations needs to create a consistent and satisfying experience for customers across multiple lines of business and interaction channels.
S1 Corporation says its S1 Business Banking allows U.S. Bank to deliver powerful business functionality that meets the varying needs of its clients. By delivering account activity information, domestic and international payment and transfer capabilities, check services and administrative functionality to its small business and corporate customers, U.S. Bank will satisfy the broad range of business banking customers with targeted functionality for different market segments, the company says.
S1 Corporation: www.s1.com
U.S. Bank: www.usbank.com