Sterling Bank announced this week a new, multi-year agreement with FIS to deploy the banking technology company’s Business eBanking and Mobile Banking technologies.
The FIS Business eBanking solution is geared toward small and medium sized businesses. Features include check imaging, account transfer, ACH payments including direct deposit, as well as real-time access to both personal and business accounts. Mobile Banking through FIS brings services like mobile wallets, prepaid and debit card services, and remote deposit capture.
The announcement comes in the wake of previous moves by Sterling Bank to take greater advantage of online and mobile banking. The bank has already converted its business clients to the FIS business internet platform, outsourcing its core banking to FIS two years ago.
Sterling Bank is the principal operating subsidiary of Sterling Financial Corporation. With nearly $10 billion in assets, Sterling is based out of Spokane, Washington and has branches in California, Idaho and Oregon, as well as Washington state.
Also doing business as Sonoma Bank, the corporation serves more than 54,000 small and medium-sized businesses, and more than 280,000 retail accounts.
FIS provides mobile banking services to more than 20 million mobile users and more than three million mobile deposit customers. The company demoed its FIS Payment Manager at FinovateFall 2010 in New York. See the FIS demo here.