FundsXpress Financial Network, Inc. (fundsxpress.com), the premier provider of online financial services, and Aberdeen Proving Ground Federal Credit Union (APGFCU), a $586 million asset financial institution headquartered in Aberdeen, Maryland, today announced the renewal and expansion of their strategic partnership through 2010.
FundsXpress will continue providing APGFCU with its industry-leading fx eBanking platform and bill pay service. APGFCU expands its relationship with FundsXpress by adding disaster recovery services and the fx Enhanced Reporting and Marketing Package, enabling targeted messaging to Internet banking users and expanded reporting capabilities. The institution will also benefit from the new FundsXpress fxSecurity suite with fxDual Authentication, the industry&#s most comprehensive anti-fraud and risk analysis solution.
While FundsXpress has always been an outstanding partner, the decision to extend our relationship was greatly influenced by their disaster recovery services, said Margaret Combs, information technology project manager at APGFCU. After seeing the challenges that arose in the financial industry after last year&#s hurricanes, we double checked our disaster recovery readiness. In case we have a system interruption or an area-wide natural disaster, FundsXpress offers a stable back-up strategy that continues processing ACH transactions, commercial batches, and balance and transaction files and allows our members to retain access to their online accounts. This reassurance is invaluable not only to us, but to our members as well.
We appreciate the opportunity to expand our partnership with APGFCU and look forward to helping them serve their members, said Greg Constantine, FundsXpress executive vice president. FundsXpress continues to develop innovative, world-class solutions that enable our client financial institutions to compete and succeed in the marketplace. Our new disaster recovery program is clearly a value-added service, and we&#re pleased APGFCU has partnered with us to prepare for unforeseen events.
About FundsXpress Financial Network, Inc.
FundsXpress is a premier provider of Internet-based financial services and products for banks and credit unions nationwide. Through a state-of-the-art data center, the company delivers a secure, scalable, and proven financial product suite. The FundsXpress product line includes retail and commercial Internet banking, cash management, automated lending, account aggregation, multi-factor authentication, and dynamic Web sites. FundsXpress clients benefit from the company&#s value-added compliance support, customer service, and leading adoption rates. For more information, please visit the company at fundsxpress.com.
