IBOC International Bancshares Corporation

International Bancshares Corporation Gains Claims Controls and Additional Check Payment Functionality With Princeton eCom and Corillian Upgrade PRINCETON, N.J., Feb. 22 /PRNewswire/ -- Princeton eCom, a leading provider of electronic payment solutions, today announced that International Bancshares Corp. (IBC) (NASDAQ:IBOC) has expanded its contracted services with the company to provide additional functionality for the Bank's online banking offering. A customer of Princeton eCom's since 2001, the recently announced system upgrade through Corillian Corporation's (NASDAQ:CORI) Corillian Consumer Banking and Corillian Corporate Banking applications will enable IBC to utilize advanced Princeton eCom functionality for better customer service and faster payment processing. (Logo: http://www.newscom.com/cgi-bin/prnh/20001229/PHF002LOGO-b ) Included in the upgrade will be implementation of Princeton eCom's proprietary Real-Time Digital Scanline(TM) (RTDS) product for validation of payee information as the payor is entering it. This application ensures that all of the information collected for intended payees is of the highest quality. Use of RTDS significantly reduces the chance that payments will be rejected or delayed later in the payments process - virtually eliminating customer dissatisfaction that can occur if payment errors are discovered late in the process. Additionally, IBC will begin utilizing Princeton eCom's Consumer Draft Model which allows for bill payment via check drawn directly from the customer's account. Since payments are only made once the check clears, consumers get additional control of the timing of payments while gaining the efficiency of making all bill payments online. "With these system upgrades, IBC will offer our customers next-generation online payment capabilities and drive new users to this offering," said Dennis E. Nixon, chairman of the board and CEO of International Bancshares Corporation. "The reliability of proven partners like Corillian and Princeton eCom will help us maximize efficiencies during this transition and support the new customer adoption we are anticipating." "With the increasing adoption of online banking and bill payment, leading financial institutions need next-generation solutions in place to take advantage of the evolving online needs of its customers," said Chuck Drake, vice president of marketing of Corillian. "Our partnership with Princeton eCom will enable IBC to have proven, integrated online banking and bill payment applications that will deliver superior best practices in functionality and usability to IBC customers, enabling IBC to continue differentiating itself and maintaining a competitive edge in its markets." "IBC recognizes the importance of providing industry-leading banking options to their customers in order to compete effectively in the market. This is a natural expansion of Princeton eCom and Corillian's capabilities that will usher in a new era of rapid growth of IBC's online banking customer- base," stated Ron Averett, president and COO of Princeton eCom. About International Bancshares Corporation IBC is a $9.4 billion multi-bank holding company headquartered in Laredo, Texas, with over 160 facilities, and over 270 ATMs serving more than 70 communities in Texas and Oklahoma. For more information, visit http://www.ibc.com/. About Corillian Corporation Corillian is the top provider of online banking and fraud prevention applications to leading financial institutions. Corillian provides the most flexible, scalable and secure set of online banking applications across multiple lines of business, integrating hundreds of best practices observed from some of the most innovative financial institutions in the world, as well as best practices in usability and functionality established by industry experts. Corillian features integrated applications across Consumer Banking, Small Business Banking, Wealth Management, Credit Card Management, and Cash Management, as well as enterprise-wide solutions, including Fraud Detection, Payments Warehouse, Alerts, eStatements, and OFX. For more information, visit http://www.corillian.com/. About Princeton eCom Princeton eCom is an industry-leading provider of electronic payment solutions with more than 1400 banks and 200 biller customers, including many of the Top 100 banks and Fortune 1000 corporate billers. Offering one of the only single vendor solutions for payments and presentment, the company gives customers the convenience of multi-channel payment options and seamless integration with current systems, along with the reliability of 99.98% error- free payment processing. For more information, visit http://www.princetonecom.com/. http://www.newscom.com/cgi-bin/prnh/20001229/PHF002LOGO-b DATASOURCE: Princeton eCom CONTACT: Jennifer Kamienski or Lauren Mackiel, Keating & Co., +1-973-966-1100, for Princeton eCom Web site: http://www.ibc.com/ Web site: http://www.corillian.com/ Web site: http://www.princetonecom.com/

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