Credit-Processing Suite optimizes mortgage lending process.

Press Release Summary:



Operating within FSB Universal Lending Platform, CrediSphere(TM) Mortgage creates efficiencies specific to mortgage lending process - data entry, processing, underwriting, and closing. Internal decisioning, workflow controls, as well as open opportunity for multi-source customer and collateral data integration minimize reliance on multiple underwriting and processing systems. Solution can also correctly match appropriate mortgage product and pricing based on various application factors.



Original Press Release:



FSB Solutions' CrediSphere(TM) for Mortgage Lending



Delivering on Innovation

WEST HILLS, Calif., May 5 -- Full-Service Banking (FSB) Solutions, a leader in branch automation and lending origination products and a division of S1 Corporation (NASDAQ:SONE), today announced the general availability of CrediSphere(TM) Mortgage, the third credit-processing suite operating within FSB's Universal Lending Platform. With this release, FSB Solutions attains the unique market position of providing a robust credit-processing system that supports multiple forms of Consumer, Business, and Mortgage products utilizing a common platform, database, user interface, and single codebase.

CrediSphere(TM) Mortgage expands from the functionality of the consumer and business lending software to create efficiencies specific to the mortgage lending process, from data entry through processing, underwriting and closing, because everything resides in one system. CrediSphere(TM) minimizes the traditional reliance on multiple underwriting and processing systems through the strength of its internal decisioning and workflow controls, as well as the open opportunity for multi-source customer and collateral data integration.

"Today's market environment reinforces the demand for solutions that provide increased process continuity, control and accountability without sacrificing flexibility and customer response time," said Rick Hughes, FSB Director of Lending Products. "CrediSphere(TM) Mortgage elegantly addresses these requirements and provides greater opportunity for lending process efficiency at both a management and operational level."

Other features of CrediSphere(TM) Mortgage include the ability to correctly match an appropriate mortgage product and pricing based on a multitude of application factors. Mortgage products supported include conforming, unconforming, government as well as an institution's portfolio products.

CrediSphere's(TM) real-time, commitment-modeling tools provide significant insight and process improvements when dealing with the secondary markets for program participation and sale.

About FSB Solutions

FSB Solutions is an industry leader in branch automation and lending origination products and a division of S1 Corporation (NASDAQ:SONE). It is a robust development, support, and services organization dedicated to superior customer care and the delivery of value-generating Branch Automation and Credit Origination solutions for the financial industry. FSB Solutions combines the strengths of two great product suites, FSB Branch Automation and FSB Lending Solutions, which are currently installed in more than 1,000 financial institutions at some 100,000+ workstations. Additional information about FSB Solutions is available at www.fsb-solutions.com or by phone at 818.577.2229.

About S1 Corporation

S1 Corporation (NASDAQ:SONE) delivers customer interaction software for financial and payment services and offers unique solution sets for financial institutions, retailers, and processors under three brand names: Postilion, S1 Enterprise and FSB Solutions. Additional information about S1 solutions is available at www.s1.com, www.postilion.com, www.S1enterprise.com, and www.fsb-solutions.com.

CONTACT: Karen Walker, +1-818-577-2229, karen.walker@fsb-solutions.com, or Andy Mosley, +1-407-921-9147, andy.mosley@fsb-solutions.com, both of FSB Solutions

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