|
Harland Financial Solutions Aligns with Banker’s Toolbox
Banker’s Toolbox Selected as Preferred Provider of
Anti-Money Laundering Solution
 ATLANTA (August 28, 2006)
– Harland Financial Solutions is demonstrating its
commitment to helping banks deal with the regulatory
challenges surrounding suspicious customer activity through
a preferred partnership with Banker’s Toolbox, Inc. Harland
Financial Solutions, Inc. is a wholly owned subsidiary of
John H. Harland Company (NYSE:JH).
The Bank Secrecy Act Anti-Money Laundering Management System
(BAM) is Banker’s Toolbox’s complete end-to-end software
system that provides solutions for researching, analyzing,
identifying, documenting and reporting suspicious customer
transactions. The application aggregates, compiles, stores
and analyzes data to identify high-risk accounts and
activities for easy monitoring. It also helps identify
suspicious activities and electronically files Suspicious
Activity Reports – all within a single interface.
Harland Financial Solutions intends to integrate BAM with
its existing core banking solutions: the SPARAK® System and
the Phoenix™ System. BAM will augment the anti-money
laundering (AML) functionality which is native to those
systems.
“The integration of the BAM solution will enhance our core
anti-money laundering capabilities,” said Tom Berdan, vice
president of product management for bank core systems at
Harland Financial Solutions. “This technology is an
excellent fit with our core banking solutions and enables
our customers to comply with the requirements of the Bank
Secrecy Act.”
“We are honored to be given this designation by such a
reputable organization,” said Daniel Cho, founder and CIO of
Banker’s Toolbox, Inc. “With BAM, community bankers are
equipped with the tools necessary to proactively comply with
the AML requirements of the USA PATRIOT Act. Banker’s
Toolbox designed BAM with the community banker in mind, and
we look forward to working closely with Harland Financial
Solutions to enable its customers to identify and
successfully mitigate money laundering.”
###
About Banker's Toolbox, Inc.
Founded in 2000 and headquartered in Los Angeles, Banker's
Toolbox, Inc., specializes in providing enterprise software
solutions designed to increase operational efficiencies,
improve customer satisfaction and enhance internal controls
for community and regional financial institutions. Banker's
Toolbox' line of software systems consists of solutions for
money laundering detection and reporting, fraud and kite
interdiction, wire processing automation, and customer
account summary notification. The company's unique employee
roster of seasoned bankers and information technology
consultants specializes in designing, developing, installing
and implementing information management and communications
tools that are customized for the financial industry.
Additional information about Banker's Toolbox is available
via the company's Web site at
www.bankerstoolbox.com.
About Harland Financial Solutions
Harland Financial Solutions (www.harlandfinancialsolutions.com)
supplies software and services to thousands of financial
institutions of all sizes, offering its solutions in both an
in-house and service bureau environment. The company is a
leader in core systems, item processing, enterprise content
management, branch automation, customer relationship
management, business intelligence, origination and document
solutions, risk management, compliance training, financial
accounting, open documents, mortgage solutions, card
programs, electronic funds transfer (EFT), fraud prevention,
self service solutions and performance advisory services.
About Harland
Atlanta-based John H. Harland Company (NYSE: JH) (www.harland.net)
is listed on the New York Stock Exchange under the symbol
“JH.” Harland is a leading provider of software and printed
products to the financial institution market. Harland’s
software solutions include deposit & loan origination,
platform, teller, call-center, mortgage, business
intelligence, core systems and customer relationship
management systems. Harland’s printed products offerings
include checks, direct marketing and financial forms.
Scantron Corporation (www.scantron.com
), a wholly owned subsidiary, is a leading provider of
software services and systems for the collection, management
and interpretation of data to the financial, commercial and
educational markets.
This press release contains statements, which may constitute
"forward-looking statements." These statements include
statements regarding the intent, belief or current
expectations of John H. Harland Company and members of its
respective management, as well as the assumptions on which
such statements are based. Prospective investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties and that actual results may differ materially
from those contemplated by such forward-looking statements.
Reference is made to the Risk Factors and Cautionary
Statements in Harland’s Form 10-K and Form 10-Q filed under
the Securities Exchange Act.
Contacts:
Scott A Hansen
Sr. Vice President, Marketing
Harland Financial Solutions
800-778-5667 x6602
scott.hansen@harlandfs.com
John Pensec
Vice President, Corporate Communications
John H. Harland Company
770-593-5443
jpensec@harland.net
|
