Banking Software facilitates ACH-based interbank transfers.

Press Release Summary:

Allowing for domestic and international funds transfers between accounts, Consumer Banking Solution v6.0 enables banks and financial institutions to meet FFIEC authentication guidelines. Users can open and manage accounts online, transfer funds, pay bills, and set up/receive alerts on critical account and transaction events. Software also offers content services, one-to-one marketing, and support PFM and wireless clients.

Original Press Release:

Sybase Financial Fusion Delivers Consumer Banking Platform 6.0

New Solution Provides Trend-Setting Consumer Online Banking Applications Enabling FFIEC Compliance and Micro-Business Capabilities

LAS VEGAS, Nov. 13 -- BAI RETAIL DELIVERY CONFERENCE & EXPO -- Sybase, Inc. (NYSE:SY), a leading provider of enterprise infrastructure and mobile software, today announced the availability of Financial Fusion's Consumer Banking Solution 6.0, an innovative online banking application with enhanced multi-user entitlements, ACH-based interbank transfers and Federal Financial Institutions Examinations Council (FFIEC) compliant security enhancements.

Consumer Banking Solution 6.0 enables banks and financial institutions to meet FFIEC authentication guidelines, gives users the ability to personalize their online account experience, manages accounts and performs a variety of advanced self-service functions. The solution also provides the ability to transfer funds, pay bills and set up and receive alerts on critical account and transaction events. Consumer Banking Solutions 6.0 allows members to initiate both domestic and international funds transfers between accounts at different financial institutions and open new accounts online.

"Today's consumer banking market requires financial institutions to rapidly deliver comprehensive services and features across multiple customer segments and platforms," said George Tubin, senior research analyst, TowerGroup. "The industry is demanding security, operational support and ease of use through enhanced functionality for online banking solutions. It is imperative that consumer banking application providers continue to strengthen their offerings to meet security compliance requirements and provide improved flexibility to users."

"With this new platform customers have a single underlying architecture that supports multiple applications across the enterprise that comply with new security regulations," said Richard Pledereder, vice president of Solutions Engineering for Financial Fusion and Information Technology Solutions Group, Sybase. "We are continuing to lead with innovation, expanding the boundaries of consumer online banking by exposing to the consumer capabilities previously reserved for small businesses. This is an inherent advantage of our integrated platform strategy."

New Consumer Banking Solutions 6.0 features:

o Enables financial institutions to easily integrating authentication
solutions making it seamless to meet FFIEC authentication guidelines
o New interbank account to account transfers, making the bank the focal
point for the users online banking interactions
o New multi-user entitlements and access for household accounts, private
banking and micro businesses
o Prebuilt self-service templates to streamline customer

The Consumer Banking Solution offers banking, bill payment, money movement, payment and transfer warehousing, stop payments, online statements, check and deposit item images, account reconciliation and expense management, alerts, advisory services, personalization, content services, one-to-one marketing and support for personal finance management (PFM) and wireless clients.

Product Availability

Financial Fusion® Consumer Banking Solution 6.0 will be generally available immediately. For more information visit .

Financial Fusion Solutions

Financial Fusion provides integrated financial solutions to more than 200 of the world's leading financial institutions. Financial Fusion maintains strategic technology relationships with BEA, IBM, Microsoft, Sun Microsystems and SWIFT.

About Sybase, Inc.

Sybase is the largest global enterprise software company exclusively focused on managing and mobilizing information from the data center to the point of action. Sybase provides open, cross-platform solutions that securely deliver information anytime, anywhere, enabling customers to create an information edge. The world's most critical data in commerce, communications, finance, government and healthcare runs on Sybase. For more information, visit the Sybase Web site: .

FCMN Contact:

Source: Sybase, Inc.

Joan Fronske
Sybase, Inc.

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