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Trusted Information Exchange. Safe, Sound, & Secure Platforms. The $187 Billion Payments Industry. Drivers for Change Check 21 Legislation Change in FRB Cash Policy & Services Low-Cost Network & Computing Technology – Multi-Function Shared Service Infrastructure. Opportunities
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Trusted Information Exchange Safe, Sound, & Secure Platforms
The $187 Billion Payments Industry • Drivers for Change • Check 21 Legislation • Change in FRB Cash Policy & Services • Low-Cost Network & Computing Technology – Multi-Function Shared Service Infrastructure • Opportunities • Straight-Through Processing • New Merchant Services • Lower Cost of Operations • Fraud Reduction Opportunities Banks Retailers • Fraud Losses • Operational Expenses • Processing Paper Checks • Transportation • Second Day Processing • New 3rd Party Provider Fees • PPS, etc. • Check Verification/Guarantee $ 0.9 Billion 12.2 Billion 2.7 Billion $ 5.9 Billion 3.8 Billion 3.1 Billion Sources: ABA Fraud Survey - NACHA Action Project Estimate - Nilson Report – National Retail Federation – Food Marketing Institute
SVPCo / Federal Reserve Utility • ECP • Settlement Peer-to-Peer Image Exchange Transit Bank D Bank C Bank E Bank B On-Us Archive Viewpoint / Endpoint Exchange Correspondent Bank Correspondent Bank Peer to Peer Exchange / Payments Utilities Bank A Bank Posting Systems Teller • Local Server • POP Connectivity • Image Quality Assurance • Replication • Enterprise Server • Application Interfaces • Image Sort Decisioning • Clearing ATM Merchant POP High-Speed Image Capture Local Archive Local IRD Print
FISERV / Metavante EndPoint Exchange ViewPointe SVPCo Bank C Bank A Bank B Merchant Merchant Communities Merchant Correspondents Merchant Branches Branches Trusted Information Exchange Builds Communities
Service Oriented Architectures Secure StandardWeb Services Access Sound Process Processing Safe Data Information
Application Application Application Application Settlement Check 21 Credit Card Safe, Sound, & Secure Access to Information Share & Exchange Information Lockbox & Cash Vault Branch/ATM Capture High Speed Sorter / Corp. I n f o r m a t i o n B u s POS Capture CorrespondentBanks
Tremendous Growth Opportunity Integration Opportunity Crosses Multiple: • Business Lines • Industries • Countries Banking Insurance Brokerage HealthCare Govt. Telecom OtherIndustries OtherCountries SYNORAN SolutionsAny-to-Any Connectivity: Standardized Data, Process, and Access