News

Mosaic brand transitions to S1 Corp.

March 6, 2006

ATLANTA - S1 Corp., a provider of customer interaction software solutions for financial and payment services, is transitioning the Mosaic Software brand to S1. According to a news release, the transition will take place while retaining the Postilion product name.

Mosaic Software, a provider of payment and financial transaction solutions for ATMs, POS terminals, kiosks, call centers and Internet sites, was acquired by S1 in November 2004. (Read also, S1 Corporation acquiring Mosaic Software.)

As announced in October 2005, Mosaic Software chief executive Johann Dreyer has been appointed group president of the reorganized S1. Dreyer now runs S1's community financial group; retail banking operations in Europe, the Middle East and Asia-Pacific; and the global payments group, which is the former Mosaic Software.

Service to the financial institutions, retailers and processors that use the Postilion product is not expected to change, Dreyer said.

"I am confident that we enter 2006 as a fully integrated team, poised to offer an even better quality of Postilion service and support - now under the S1 Corporation brand," he said. "We look forward to offering our Postilion customers the benefits of a more comprehensive set of financial services products, implemented and supported by a team with greater global reach."