TCF Bank Extends Relationship with S1 Corporation with New S1 Branch Banking Solutions

Company Release - 12/2/2003 8:45 AM ET
    ATLANTA--(BUSINESS WIRE)--Dec. 2, 2003--

        Top 100 Bank Upgrades Entire Branch Teller and Platform
           Infrastructure to Create Operational Efficiencies

S1 Corporation (Nasdaq: SONE) today announced that TCF Bank, a top 100 national financial holding company with $11.3 billion in assets, will migrate to S1 Branch Banking Solutions to further increase customer satisfaction and boost operational productivity across its network of more than 395 branches. A customer of S1's Branch Solutions since 1993, TCF Bank will implement S1 Teller and S1 Sales and Service Platform as part of an upgrade of the bank's branch technology infrastructure. In addition, the bank is currently deploying S1 Personal Banking and the S1 Customer Center to enhance its retail Internet banking offering.

"Providing the most convenient banking services in the markets we serve is the cornerstone of our business," said Betsy Rojas, vice president of project management at TCF Bank. "For many years now, we have been extremely pleased with the functionality that the S1 Branch Banking system has provided, and we look forward to benefiting from the additional enhancements in the latest version. Ultimately it means providing our customer service representatives with the right tools to provide more personalized service and more effectively cross-sell our branch banking customers."

The new branch applications will streamline the workflow for the bank's tellers and platform sales and service representatives, enabling them to serve their customers more quickly and efficiently. In addition, since the S1 solutions help to provide more timely, in-depth customer and product information, the bank can tailor its sales efforts to better meet the customer needs.

TCF is gaining functionally rich branch applications, with an updated look and feel for its customer-facing personnel, as well as a system that its technology staff can easily enhance and support. "One of the key benefits of choosing the S1 Branch Banking is the toolkit that will enable us to add and customize functionality to fit our specific needs," added Rojas. In the highly competitive financial services industry, getting products to market quickly is essential. The modular design of the S1 system will allow TCF to distribute new product and service offerings to the branches without re-installing the entire system.

"After extensive review of the options, we chose S1 because of the company's in-depth knowledge and proven track record that we can count on for the long run," said Rojas.

According to Jaime Ellertson, CEO at S1 Corporation, "S1's expanding relationship with TCF is proof-positive of the measurable value that we're delivering to our large bank customers. TCF has been a great partner of S1's over the years, and its innovative approach to using technology to deliver on its commitment of providing the most convenient service is unique. We are pleased to provide TCF with the advanced technology and applications to continue to meet its forward-thinking goals."

S1 has relationships with 44 of the top 100 financial institutions in the U.S. and works with more than 4,000 financial institutions around the world. This latest migration demonstrates the company's ability to understand the needs of financial services providers of all shapes and sizes, while deploying solutions that meet the unique requirements of each market segment.

About TCF

TCF (NYSE: TCB) is a Wayzata, Minnesota-based national financial holding company with $11.3 billion in assets. TCF has more than 395 banking offices in Minnesota, Illinois, Michigan, Wisconsin, Colorado and Indiana. Other TCF affiliates provide leasing and equipment finance, mortgage banking, discount brokerage, and investments and insurance sales.

About S1 Corporation

S1 Corporation (Nasdaq: SONE) is a leading global provider of enterprise software solutions for more than 4,000 banks, credit unions and insurance providers around the world. Comprised of applications that address virtually every market segment and delivery channel, S1 solutions help integrate and optimize an institution's entire front office, resulting in increased operational efficiencies, revenue opportunities and overall customer satisfaction. S1 is the only provider with the proven experience, breadth of products and financial strength to empower financial services companies' enterprise strategies. Additional information about S1 is available at

Forward-Looking Statements

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act. These statements include statements with respect to our financial condition, results of operations and business. The words "believes," "expects," "may," "will," "should," "projects," "contemplates," "anticipates," "forecasts," "intends" or similar terminology identify forward-looking statements. These statements are based on our beliefs as well as assumptions made using information currently available to us. Because these statements reflect our current views concerning future events, they involve risks, uncertainties and assumptions. Therefore, actual results may differ significantly from the results discussed in the forward-looking statements. The risk factors included in our reports filed with the Securities and Exchange Commission (and available on our web site at or the SEC's web site at provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Except as provided by law, we undertake no obligation to update any forward-looking statement.

    CONTACT: SHIFT Communications for S1 CorporationBrian Gendron, 617-681-1226
             S1 Corporation, AtlantaMatthew Hale, 404-923-3500

    SOURCE: S1 Corporation

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