[November 13, 2014] |
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WAUSAU Financial Systems Included on FinTech Forward 100 for Ninth Year in a Row
MOSINEE, Wis. --(Business Wire)--
WAUSAU
Financial Systems, a provider of best-in-class financial technology,
services and solutions, and a Deluxe Corporation company, has been named
a member of the 2014
FinTech Forward 100 list of the leading financial technology
providers in the world. A collaboration of American Banker and BAI (News - Alert), the
list was released today at the BAI Retail Delivery Conference in
Chicago. WAUSAU was designated No. 86 on the Top 100, up 4 places
compared with the 2013 rankings.
"We continue to have our sights set on driving next generation solutions
that provide our clients what they need to grow revenues, manage costs
and expedite cash," said Gary Cawthorne, CEO, WAUSAU Financial Systems.
"Our momentum and growth within each of our lines of business this year
is a testament to our customers' trust in us. We continue to climb the
FinTech Forward 100 list as a result of the inventive minds within
WAUSAU that result in superior solutions and our industry-leading
partners."
Today, 20 of the top 25 U.S. banks rely on WAUSAU's solutions, as well
as hundreds of corporations, including insurers, utilities, government
agencies and telecommunications companies. WAUSAU has added 100 new
clients in the past three years, supporting their businesses in the
following areas:
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Integrated Receivables aggregates all payment channels ranging
from paper to electronic, automates receivables matching and
accelerates cash flow and business insights. CEB TowerGroup recognized
WAUSAU's Receivables360® as the industry's most comprehensive and
advanced integrated receivables solution.
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Remote Deposit Capture (RDC) enables digital check deposits for
businesses and consumers at bank branches or on-the-go through mobile
devices. WAUSAU's solution delivers integrated risk monitoring and
Location Awareness that tracks where deposits are made. WAUSAU is the
largest non-core RDC provider with over 150,000 seats; nerly 200
financial institutions have signed up for its mobile RDC solution in
the past 18 months.
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Paperless Enterprise digitizes workflow and eliminates paper
for client onboarding, lending, account opening and other retail and
commercial financial transactions.
Fueling WAUSAU's growth, organizations increasingly are turning to the
company because of its flexible delivery models, including in-house, outsourced
and hosted. In the last year, WAUSAU has experienced a 100 percent
transaction growth rate in its outsourcing business, which allows
financial institutions to minimize their operating costs and overhead
expenses related to receivables processing. By December of this year,
WAUSAU's annual volume of RDC and wholesale lockbox transactions for
more than 120 clients is projected to surpass 400 million per year.
The annual FinTech Forward 100, formerly known as the FinTech100,
represents the largest FinTech- focused companies that derive at least
33 percent of their revenue from banking, capital markets, payments or
the insurance industries.
To learn more, visit WAUSAU at booth #4914 at BAI Retail Delivery in
Chicago Nov. 12-14, 2014 or visit www.wausaufs.com.
About WAUSAU Financial Systems WAUSAU, a Deluxe Corporation
company, is a catalyst for results. Partnering with industry-leading
financial institutions and corporations to reduce cost and strengthen
their competitive market position, WAUSAU is recognized for consistently
delivering best-of-breed financial technology, services and solutions
that integrate receivables, accelerate deposits and payments, and
eliminate paper. To meet clients' needs, WAUSAU offers flexible delivery
options- whether installed in-house, outsourced, co-sourced or in the
cloud. Because of WAUSAU's deep domain knowledge and experience, the
company understands customers' challenges and tailors its solutions and
services to ensure they have a competitive edge. That's why thousands of
companies, including 20 of the 25 largest U.S. banks and more than 50
Fortune 500 organizations depend on WAUSAU solutions. Because results
matter. For more information, visit www.wausaufs.com,
www.linkedin.com/company/wausau-financial-systems
or www.twitter.com/WAUSAU_FS.
ABOUT DELUXE CORPORATION Deluxe is a growth engine for small
businesses and financial institutions. More than 4.5 million small
business customers access Deluxe's wide range of products and services,
including customized checks and forms, as well as website development
and hosting, email marketing, search engine optimization and logo
design. For our 5,500 financial institution customers, Deluxe offers
industry-leading programs in checks, customer acquisition, fraud
prevention and profitability. Deluxe is also a leading provider of
checks and accessories sold directly to consumers. For more information,
visit us at www.deluxe.com,
www.facebook.com/deluxecorp
or www.twitter.com/deluxecorp.
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