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Companies From Strategic Relationship to Deliver Real-Time Fraud Prevention Capabilities to Customers with S1 Online Banking Solutions


ATLANTA, May 16, 2005 - As preventing identity fraud has become a top concern for financial institutions, S1 Corporation (NASDAQ: SONE), a leading provider of integrated front-office financial services applications, and Digital Envoy, the inventor and leading provider of IP Intelligence-based fraud solutions for financial institutions, are collaborating to deliver advanced solutions to address the unique challenges posed by online identity fraud. S1 and Digital Envoy plan to offer financial institutions with S1 Enterprise online banking solutions state-of-the-art transparent authentication capabilities to enhance their strategic security technology.

This initiative is part of S1's overall security strategy that includes collaboration with a number of industry-leading security solution providers focused on financial institutions. "Security is at the center of our efforts to deliver the most advanced customer-facing applications to the financial services market," said Jaime Ellertson, CEO of S1. "S1 solutions are designed to enable a secure, flexible environment that incorporates systems that address the unique security needs of financial institutions. S1's approach enables a broad range of solutions for our customers, and our work with Digital Envoy is one of the significant steps we're taking to continue to advance our focus on Internet banking security."

Bill Calpin, Digital Envoy's president and CEO said, "Digital Envoy offers a breakthrough approach to preventing identity fraud with our Fraud Analyst solution, which uncovers information about online activity to stop attacks as they happen. This adds a powerful underlying system for preventing fraud that transcends traditional authentication methods, which fall short once an identity is stolen. Through our efforts with S1, we look forward to working closely together to help financial institutions achieve complete solutions for their security and identity theft issues and to prevent fraud throughout the customer lifecycle."

Digital Envoy's IP InspectorTM Fraud Analyst used with S1 online banking solutions can deliver to S1 customers a real-time identity verification solution that acts as a first line of defense and helps to prevent fraudulent transactions such as account hijacking once an identity has been stolen. Furthermore, Fraud Analyst is a privacy-sensitive solution that remains transparent to online customers, allowing banks to provide strong authentication without disrupting the consumer's normal experience while banking online.

Digital Envoy's Fraud Analyst solution allows financial institutions to uncover new levels of insight about online transactions. Using an online customer's unique identifier -- an IP address -- Fraud Analyst non-invasively uncovers more than a dozen data elements referred to as "IP Intelligence" such as geographic information, connection speed, domain name, ISP and language. It then automatically analyzes this information against multiple data sources and behavioral profiles to prevent online fraud in real time. This approach to multi-factor authentication is a cost-effective and reliable method to prevent online fraud losses while automating the customer authentication process throughout the customer lifecycle, whether validating new accounts, preventing account hijacking, or adding a new layer of security to online transactions.

With its extensive experience in online banking and a network of more than 4,000 financial institution customers around the world, S1 has developed best practices in application and transaction security services. The company has been focused on security since its inception when SecureWare and FivePaces joined forces to create Security First Technology, the world's first Internet bank nearly 10 years ago. S1 continues to work closely with its customers to develop and deliver technology solutions and user-education information to combat all forms of identity theft. For more information, visit

About S1 Corporation

S1 Corporation is a leading global provider of integrated front-office applications for more than 4,000 banks and insurance providers around the world. Comprised of applications that address virtually every market segment and delivery channel, S1 solutions help integrate and optimize an institution's entire front office, resulting in increased operational efficiencies, revenue opportunities and overall customer satisfaction. S1 is the only provider with the proven experience, breadth of products and financial strength to empower financial services companies' enterprise strategies. Additional information about S1 is available at

About BlueLithium

Digital Envoy's patented NetAcuity is the leading IP Intelligence solution and is used across a number of industry verticals by some of the world's largest networks, Web sites and search engines for ad targeting, Web analytics and local search optimization. As the industry leader in IP Intelligence, Digital Envoy is also leveraging its position to deliver online authentication solutions that prevent fraud in real time. The company's Fraud Analyst and E-Scam products serve as a first line of defense against online identity fraud by providing the newest advances in transparent, multi-factor authentication. Digital Envoy's technology non-invasively removes the anonymity barriers unique to the Internet and helps leading financial services institutions, Internet Service Providers and other large enterprises with vested Internet interests protect their brand reputations while increasing consumer confidence in the online channel. For more information, visit

Forward-Looking Statements

This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act. These statements include statements with respect to our financial condition, results of operations and business. The words "believes," "expects," "may," "will," "should," "projects," "contemplates," "anticipates," "forecasts," "intends" or similar terminology identify forward-looking statements. These statements are based on our beliefs as well as assumptions made using information currently available to us. Because these statements reflect our current views concerning future events, they involve risks, uncertainties and assumptions. Therefore, actual results may differ significantly from the results discussed in the forward-looking statements. The risk factors included in our reports filed with the Securities and Exchange Commission (and available on S1's site ( or the SEC's web site at ( provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations we describe in our forward-looking statements. Except as provided by law, we undertake no obligation to update any forward-looking statement.

Media Contacts:

Matthew Hale
Chief Financial Officer for S1 Corporation

Peter K. Herbert
S1 Corporation Public Relations