Dallas Capital Bank builds mobile and digital banking with FIS
Dallas Capital Bank, a local, independent bank is adding mobile banking, digital banking and electronic payments to its customer service functions.
The firm has begun integrating its bank’s new digital services with its existing FIS backend core and payments systems. It is also adding a suite of digital banking systems, from digital account origination to business and consumer digital and mobile access, and remote deposit to bill pay. FIS’ digital business solution, was selected for its capacity to work with small and large enterprise clients.
“At Dallas Capital Bank, our mission is to keep local businesses competitive and innovative,” said Doug Hutt, president and chief executive at Park Cities Financial Group and Dallas Capital Bank. “Working with FIS allows us to better meet the needs of our customers and give them the security and freedom to control their finances at any time.”
In November 2015, Dallas Capital Bank changed its name from Town North Bank following its acquisition by Park Cities Financial Group.
FIS has been active and productive over the last few months.
Its Cardless Cash mobile banking app found favour with two new US banks. Popular Community Bank and Oriental Bank are to deploy the app to withdraw money from a large number of ATMs in the US.
While not a massive increase, FIS’s 2015 revenue grew by 3% over 2014 to reach $6.6 billion. The company predicts organic revenue growth of between 3% and 4% in 2016.
On the core banking system front, Kansas-based Emprise Bank, chose FIS as its new core banking provider. It previously operated without electronic funds transfer and card integration, and wanted a system that would pull everything from account opening to card production and transaction processing in the same place.
Reported by Dan Barnes