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First Southern Bank Selects Heartland Check ManagementSM for its Business Remote Deposit Capture Solution
Bank leverages remote deposit capture and end-to-end check processing options to drive efficiencies for its business clients
Princeton, NJ ― August 17, 2009 ― Boca Raton, FL-based First Southern Bank has selected Heartland Check Management, a total, end-to-end check processing platform, to provide remote deposit capture and client-specific check management solutions to its business clients. Heartland Check Management, a product of Heartland Payment Systems®, one of the nation´s largest payments processors, is powered by transmodus®.
Heartland Check Management allows First Southern Bank´s business clients to utilize one comprehensive system that handles all aspects of check processing ― from deposit to recovery.
"It automates check processing, allowing our clients to streamline operations and focus on their core businesses," said Tony Gautney, executive vice-president and head of cash management for First Southern Bank.
With the Heartland solution, a client simply scans a check from his location using a remote scanner, and the deposit is processed. The client receives automatic notifications and can monitor every step of the deposit 24/7/365 in real-time. Additionally, the client can elect to have bad checks handled by Heartland´s automated recovery program.
"We are very pleased to be partnering with First Southern Bank," said Tony Capucille, director of check services at Heartland.
"With our complete solution, the bank can offer enhanced check
deposit and processing to customers ― helping them drive
efficiencies."
About First Southern Bank
Founded in 1987, First Southern Bank takes pride in having served the South Florida marketplace for more than 20 years. It is dedicated to tailoring its world-class financial products and services to meet the individual needs of professionals and businesses. First Southern has five branches, staffed with banking professionals equipped to provide cost-effective solutions that effectively combine advanced product solutions targeted at the needs of niche industries and the high-touch personal service expected from a community bank. For more information, please visit
www.firstsouthernbank.com.
About Heartland Payment Systems
Heartland Payment Systems (NYSE: HPY), the 5th largest payments processor in the United States, delivers credit/debit/prepaid card processing, payroll, check management and payments solutions to more than 250,000 business locations nationwide. Heartland is the founding supporter of The Merchant Bill of Rights, a public advocacy initiative that educates merchants about fair credit and debit card processing practices. For more information, please visit
HeartlandPaymentSystems.com,
MerchantBillOfRights.com, and
CostOfABurger.com
About transmodus
transmodus provides an on-demand solutions platform that delivers
check services automation. The company provides a complete
processing platform solution for clients, check processors,
collection agencies, district attorneys, and bank partners.
transmodus has positioned itself as a leader by listening carefully,
thinking ahead, and moving forward with purpose to provide clients
and processing partners with access to the best on-demand processing
solutions. transmodus is an IBM business partner.
For more information please visit
http://transmodus.net
Forward Looking Statements
This press release may contain statements of a forward-looking nature, which represent our management´s beliefs and assumptions concerning future events. Forward-looking statements involve risks, uncertainties and assumptions and are based on information currently available to us. Actual results may differ materially from those expressed in the forward-looking statements due to many factors. Information concerning these factors is contained in the Company´s Securities and Exchange Commission filings, including but not limited to, the Company´s annual report on Form 10- K, or Form 10-Q as applicable. We undertake no obligation to update any forward-looking statements to reflect events or circumstances that may arise after the date of this release.
Contacts
Leanne Scott Brown
Vault Communications
610.455.2742
LBrown@VaultCommunications.com
Nancy Gross
Heartland Payment Systems
888.798.3131 x2202
Nancy.Gross@e-hps.com
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