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  Security Software Zone » Software Reviews » General Security » Renewal of Strategic Partnership Between FirstBank Virgin Islands and FundsXpress Financial Network

Renewal of Strategic Partnership Between FirstBank Virgin Islands and FundsXpress Financial Network

Category: General Security
Published: 06/12/2007, 15:03  
Editor: Remus Zoica
 
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    The premier provider of online financial services, FundsXpress Financial Network, Inc. and a subsidiary of First BanCorp - an $18 billion asset financial institution recently revealed  the renewal of their strategic partnership. FundsXpress will continue to offer FirstBank with fx eBanking, the industry-leading Internet banking and bill pay service, and fx eStatements. The industry's most comprehensive anti-fraud and risk analysis solution, FundsXpress fxSecurity suite with fxDual Authentication, will protect the institution.

    John Lewis, vice president of Technology and Operations, FirstBank, said: "We know offering secure, convenient online banking greatly enhances account holders' experience with our institution and is a vital tool in cultivating long-term client relationships. FundsXpress provides the robust, user-friendly online financial products and customer support we need to continually satisfy our current account holders and impress potential clients. Since partnering with FundsXpress, FirstBank has an online banking experience that sets our institution apart from the competition."

    In addition, Greg Constantine, FundsXpress executive vice president, said: "The renewal of our partnership with FirstBank confirms their trust in the quality of our online solutions and dedicated support team. FirstBank understands the importance of choosing the right online banking provider and the impact of this decision on financial growth. We are proud of their success since using FundsXpress products and service. Our superior solutions and impenetrable security standards will help them offer the newest and most innovative services to their account holders."

    First BanCorp is the parent corporation of FirstBank Puerto Rico, a state-chartered commercial bank with operations in Puerto Rico, the Virgin Islands and Florida; of FirstBank Insurance Agency; and of Ponce General Corporation. First BanCorp, FirstBank Puerto Rico and FirstBank Florida, formerly UniBank, the thrift subsidiary of Ponce General, all function within U.S. banking laws and regulations. The Corporation offers a total of 153 financial services facilities throughout Puerto Rico, the U.S. and British Virgin Islands, and Florida. Among the subsidiaries of FirstBank Puerto Rico are Money Express, a finance company; First Leasing and Car Rental, a car and truck rental leasing company; and FirstMortgage, a mortgage origination company. In the U.S. Virgin Islands, FirstBank operates First Insurance VI, an insurance agency; First Trade, Inc., a foreign corporation management company; and First Express, a small loan company.

    FundsXpress is a premier company that offers Internet-based financial services and products for banks and credit unions nationwide. Through a state-of-the-art data center, the company offers a secure, scalable, and proven financial product suite. The FundsXpress product line includes retail and commercial Internet banking, automated lending, cash management, account aggregation, multi-factor authentication, and dynamic Web sites. FundsXpress clients benefit from the company's value-added compliance support, customer service, and leading adoption rates. For more information, visit the company at http://www.fundsxpress.com .
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