S1 Corporation, a global provider of payment services and financial software, has signed an agreement with US financial services company TCF Bank to offer the latter its S1 Corporate Banking ACH solution.

Under the terms of the contract, S1’s Corporate Banking ACH service is set to enable TCF Bank to deliver its customers management tools as well as improved payment reporting capabilities. In addition, the S1 ACH solution includes such features as initiation of multiple ACH payments types including tax payments, payroll, international, and direct debits, payment import, export, upload, ACH reversal and same-day settlement.

Recently, S1 has also signed a contract with US financial services provider Wells Fargo to offer the latter its S1 Corporate Banking ACH solution. The agreement builds on an existing partnership between S1 and Wells Fargo, closed for Wells Fargo's Trade Services Online (TSOL) product, Wells Fargo's WellsXchange Foreign Exchange service as well as Wachovia's ACH Management service.

S1 provides payments, online banking, mobile banking, voice banking, branch banking and lending solutions to a number of banks globally.