Wintrust Financial Corporation Pilots FIS’ Cardless Cash Access at ATMs

  Wintrust Financial Corporation Pilots FIS’ Cardless Cash Access at ATMs

Key Facts

  *Enables cash withdrawal from ATMs using a secure app on iPhone^® or
    Android™ smartphones, eliminating the need for a plastic card
  *Saves time for consumers by simplifying steps to get cash and delivers an
    e-receipt to the customer’s phone
  *Supports FIS’ mobile strategy to deliver secure mobile innovations to
    financial institutions and their customers

Business Wire

JACKSONVILLE, Fla. -- March 21, 2013

Expanding on its leadership and innovation position within mobile financial
services, FIS™ (NYSE: FIS), the world’s largest provider of banking and
payments technology, today announced the pilot of its innovative Cardless Cash
Access solution by Wintrust Financial Corporation. The latest advancement to
the FIS Mobile Wallet platform, delivered in partnership with Paydiant and
Diebold Incorporated, enables consumers to withdraw cash from ATMs using just
a smartphone.

“Consumers are increasingly mobile and rarely leave home without their
smartphone,” said Douglas Brown, senior vice president and general manager,
FIS Mobile Financial Services. “At FIS, we are continuing to invest in
solutions that keep mobile consumers better connected to their finances.
Through Cardless Cash Access, FIS is providing secure innovation that places
the smartphone at the center of the financial transaction. We’re delivering on
our goal of supporting a mobile-centric market. ”

The FIS Mobile Wallet with the new Cardless Cash Access solution securely
authenticates a user on their smartphone. Once authenticated, the user scans
the QR code provided on the ATM screen and selects the account and amount of
the withdrawal directly on their smartphone. The solution delivers an
e-receipt to the smartphone app after cash is dispensed from the ATM. Unlike
mobile cash access models that utilize temporary authorization codes, the FIS
Cardless Cash Access solution utilizes the security within the user app
authentication process and registration of the FIS Mobile Wallet app on the
smartphone, therefore eliminating card skimming risk and fraud incidents for
banks and their customers.

“Wintrust is community banking at heart, so service is our number one goal.
Technology needs to follow that very closely.” said Tom Ormseth, EVP of Retail
Strategy at Wintrust Financial. “Delivering Cardless Cash Access definitely
supports our strategy of providing top quality and innovative services, and
enables us to deliver on our promise to our customers – ‘HAVE IT ALL.’”

Commenting on the expanding role of the mobile wallet, David Albertazzi,
Senior Analyst with Aite Group stated, “Convenience is a critical driver of
consumer satisfaction and loyalty in banking, and cardless access to ATMs is a
convenience that many smartphone owners will take advantage of. It also
represents an important link between the mobile wallet and cash access.”

About FIS

FIS (NYSE: FIS) is the world’s largest global provider dedicated to banking
and payments technologies. With a long history deeply rooted in the financial
services sector, FIS serves more than 14,000 institutions in over 100
countries. Headquartered in Jacksonville, Fla., FIS employs more than 35,000
people worldwide and holds leadership positions in payment processing and
banking solutions, providing software, services and outsourcing of the
technology that drives financial institutions. First in financial technology,
FIS tops the annual FinTech 100 list, is 425 on the Fortune 500 and is a
member of Standard & Poor’s 500^® Index. For more information about FIS, visit
www.fisglobal.com.

About Wintrust

Wintrust is a financial holding company with assets of approximately $17.5
billion whose common stock is traded on the NASDAQ Global Select Market. Built
on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and
resources of a large bank while focusing on providing service-based community
banking to each and every customer. Wintrust operates fifteen community bank
subsidiaries, now with over 100 banking locations located in the greater
Chicago and Milwaukee market areas. Additionally, the Company operates various
non-bank subsidiaries including one of the largest commercial insurance
premium finance companies operating in the United States and Canada, a company
providing short-term accounts receivable financing and value-added out-sourced
administrative services to the temporary staffing services industry, companies
engaging primarily in the origination and purchase of residential mortgages
for sale into the secondary market throughout the United States, and companies
providing wealth management services.

About Diebold

Diebold, Incorporated is a global leader in providing integrated self-service
delivery and security systems and services. Diebold employs approximately
17,000 associates with representation in nearly 90 countries worldwide and is
headquartered in the Canton, Ohio region, USA. Diebold is publicly traded on
the New York Stock Exchange under the symbol ‘DBD.’ For more information,
visit the company’s website at www.diebold.com or follow the company on
Twitter: http://twitter.com/DieboldInc.

Forward-Looking Statements

This news release contains forward-looking statements that involve a number of
risks and uncertainties. Statements that are not historical facts, including
statements about our beliefs and expectations, are forward-looking statements.
Forward-looking statements are based on management's beliefs, as well as
assumptions made by, and information currently available to, management.
Because such statements are based on expectations as to future economic
performance and are not statements of fact, actual results may differ
materially from those projected. We undertake no obligation to update any
forward-looking statements, whether as a result of new information, future
events or otherwise. The risks and uncertainties which forward-looking
statements are subject to include, but are not limited to: changes in general
economic, business and political conditions and other risks detailed in the
“Statement Regarding Forward-Looking Information,” “Risk Factors” and other
sections of the Company’s Form 10-K and other filings with the Securities and
Exchange Commission.

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Contact:

Kim Snider, 904.438.6278
Vice President
FIS Global Marketing and
Communications
kim.snider@fisglobal.com
or
Mary Waggoner, 904.438.6282
Senior Vice President
FIS Investor Relations
mary.waggoner@fisglobal.com
 
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