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Business, Finance, Occupation & Industry

Centennial Bank Strengthens Its Merchant Relationships with Flexible, Efficient and Profit-driving M

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By Business Wirevia The Motley Fool

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Centennial Bank Strengthens Its Merchant Relationships with Flexible, Efficient and Profit-driving Merchant Services from FIS

Key Facts

  • FIS’ Merchant Services solution allows Centennial Bank to concentrate on banking services while delivering a professional, experienced processing service to its commercial customers.
  • End-to-end system for managing merchant point-of-sale (POS) acquiring allows Centennial Bank to nurture relationships, minimize costs, create efficiencies and grow merchant business.

JACKSONVILLE, Fla.–(BUSINESS WIRE)– FIS™ (NYS: FIS) , the world’s largest provider of banking and payments technology, today announced that Arkansas-based Centennial Bank, a wholly owned subsidiary of Home BancShares, Inc., will deploy FIS’ Merchant Services to support its continued growth in merchant relationships. By deploying the comprehensive suite of products and services with customized credit, debit, check and gift card processing, Centennial Bank will adopt a true end-to-end merchant services solution for managing merchant portfolios while gaining a competitive advantage in the marketplace.

“As a regional bank with deep, long-term community relationships, we need a strong merchant referral partner to focus on servicing commercial accounts,” said Centennial Bank CEO, Randy Sims. “With FIS Merchant Services suite, Centennial Bank can remain steadfastly committed to our loyal retail customers while trusting FIS to deliver direct, personalized service, sales and support to our merchants.”

FIS’ Merchant Services helps financial institutions strengthen merchant relationships through flexible, efficient, easy-to-manage and profitable merchant processing options. FIS provides all aspects of merchant servicing, including terminal support, merchant servicing and institution support, and offers a competitive pricing structure and additional sales functions to supplement a bank’s sales efforts.

“FIS’ personalized service and comprehensive technologies provide financial institutions with the ability to achieve their strategic business goals of driving revenue while mitigating risk,” said Jim Johnson, senior vice president, Retail Payments, FIS. “Our long history of servicing community-based institutions – delivering direct and personalized services in much the same way that our clients do – enables Centennial Bank to focus on the strategic and differentiating activities it needs to grow its business and deliver best-in-class customer services while relying on FIS to deliver the technologies and industry expertise that help them accomplish those goals.”

Centennial Bank provides commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities throughout Arkansas, Florida and south Alabama.

From: http://www.dailyfinance.com/2013/04/11/centennial-bank-strengthens-its-merchant-relations/

Articles of Interest

Besedka Johnson Dead: ‘Starlet’ Actress Dies At Age 87

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By The Huffington Post News Editors

LOS ANGELES — Besedka Johnson, who became an actress at age 85 and won praise for last year’s movie “Starlet,” has died. She was 87.

Johnson died on April 4 at Glendale Memorial Hospital of complications following surgery for a bacterial infection, her son, Jim Johnson, told the Los Angeles Times (http://lat.ms/Z7qH66).

Read More…
More on Celebrity Deaths 2013

Source: FULL ARTICLE at Huffington Post

Business, Finance, Occupation & Industry

Tripwire, Inc. Acquires nCircle

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By Business Wirevia The Motley Fool

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Tripwire, Inc. Acquires nCircle

Acquisition creates $140M company poised to lead multi-billion dollar strategic risk and security market

PORTLAND, Ore.–(BUSINESS WIRE)– Tripwire, Inc., a global provider of IT security solutions, today announced it has entered into a definitive agreement to acquire nCircle, a leading provider of information risk and security performance management solutions. The acquisition is expected to close in April and is subject to the customary closing conditions. The terms of the acquisition are not being disclosed.

“Tripwire and nCircle have the opportunity to be a powerful and transformational combination in the rapidly changing security market,” said Jim Johnson, CEO of Tripwire. “Our combined solutions are uniquely positioned to align security posture with business objectives, a crucial step in making security and risk meaningful and actionable across the enterprise.”

In 2012, the two companies’ combined bookings were approximately $140 million; together they had over 500 employees and more than 7,000 customers in 96 countries. The combined company would have ranked among the largest security and vulnerability management companies in this competitive space, including IBM, EMC, Symantec and McAfee. Tripwire is highly profitable, with a customer base that includes nearly 50% of the Fortune 500.

“Security experts know that continuous monitoring — the process of finding and eliminating vulnerabilities before they can be exploited — is a foundational component of any security framework and the most cost effective way to reduce the risk of security breaches,” said Abe Kleinfeld, CEO of nCircle. “The combination of Tripwire and nCircle brings together the industry’s leading researchers and the broadest and deepest solutions for reducing risk.”

Today, cyber security is more than an IT problem. The convergence of security and risk now impacts the entire enterprise, and executives are demanding risk-based security solutions. Following the acquisition of nCircle, Tripwire’s combined solutions will enable senior security officers to make risk-based security decisions aligned with business priorities and goals.

In a Gartner Inc. report titled Meeting the Information Needs of the Chief Risk Officer in 2023, analystsPaul E. Proctor and Rob McMillansaid: “Chief Risk Officers will have the benefit of an engaged executive team, but the challenge of a constantly shifting universe of risk to present and prioritize for stakeholders. To manage their responsibilities they will need new knowledge, tools and techniques for gathering, assessing and presenting information.”

“It’s difficult to mitigate attacks without understanding vulnerabilities and assessing that resources …read more
Source: FULL ARTICLE at DailyFinance