Clayton, MO - December 13, 2011 - Showing continued momentum
toward strategic expansion efforts initiated earlier this year,
FirsTech takes a solid step forward into the insurance vertical,
announcing the addition of three prominent regional insurance
providers to its rapidly growing customer base.
"Much of our expansion effort centers on increasing the number
of verticals we serve. We want our customer base to be as
well-rounded as our solutions," said Howard Mooney, President and
CEO. "As we enter 2012, it is extremely important for us to
penetrate as many of our targeted verticals as quickly as
possible. These successes give us the leverage we need
into the insurance vertical."
Demonstrating even further commitment to having a commanding
position within the insurance industry, FirsTech became the first
company supporting robust payment capabilities for the insurance
market to participate in the recent Property and Casualty Insurance
"We have an exceptional track record within the industries we
currently serve" adds Karen Gilhooly, Executive Vice
President. "Adding prominent customers within a variety of
different industries to our base, demonstrates that FirsTech is
ready to play in the big leagues."
FirsTech Inc. provides innovative payment processing solutions
to the government, insurance, utility, healthcare, telecom, cable
and finance industries. FirsTech processes millions of transactions
per year using the Fusion payment processing platform - which
provides industry leading bill payment channel integration for
walk-in bill payment processing at its 3,000 agent locations in 36
states - lockbox, online bill pay, IVR, mobile, CSR, bank bill pay
concentration (e-lockbox/e-box). For 30 years and counting,
FirsTech provides custom payment solutions to clients with a focus
on efficiency and execution. This results in higher customer
satisfaction and lower payment processing costs.
FirsTech is a wholly-owned subsidiary of Busey Bank through
First Busey Corporation-a diversified financial holding company
headquartered in Champaign, Illinois. More information about First
Busey Corporation can be found at busey.com.
Officer l Communications Manager