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Metavante provides integrated banking, payments tech to HomeStreet Bank
January 4, 2009
MILWAUKEE — Metavante Corp. has signed with HomeStreet Bank to replace the bank's current core-processing solution with Metavante's Integrated Banking Services. Seattle-based HomeStreet, with $2.9 billion in assets, has a network of 30 branch and mortgage offices in Washington, Oregon and Hawaii. According to a news release, HomeStreet Bank will deploy Metavante's Integrated Banking Services and several additional solutions that include customer relationship management, electronic funds transfer, document-imaging services, debit-card processing and card personalization. The bank also joined Metavante's NYCE Network, naming NYCE its exclusive provider for ATM and PIN-based point-of-sale debit card access.
"Dynamic factors such as technology advancements, globalization, new competitors and elevated customer expectations are rapidly reshaping the market and challenging financial institutions' abilities to adapt," said Jamie Geschke, president of Metavante Financial Solutions Group, which includes the Banking Solutions division.
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