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AmSouth Ranks 6th on eWeek's ``FastTrack 500''; Highest-Ranked Bank On List of e-business Innovators.


Business Editors & Technology Writers

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Nov. 16, 2001

AmSouth Bank (NYSE NYSE

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) ranks sixth on eWeek's annual list of companies that use cutting-edge information technologies. Only one financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 company ranked higher (Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis.  at No. 5) and there were no other banks higher on the list.

"For years, AmSouth has taken advantage of technology that allows us to streamline processes and serve our customers better," said Rod Woodford, AmSouth's e-Commerce director. "There's a big difference between technology that's just flashy and technology that actually makes it easier for people to bank with us. We focus on the things that work, whether they're out on amsouth.com for everyone to see or behind the scenes."

AmSouth's most notable e-Commerce success story has been Internet Banking, which has quadrupled its number of customers in the past year to 425,000 at the end of October. AmSouth has extended its offer of free Internet Banking, including bill payment, for the life of the account to any customer who signs up by the end of the year.

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 eWeek, the "FastTrack 500" list highlights companies that "have consistently demonstrated a willingness to deploy cutting-edge information technologies in every phase of their operations." The listing and accompanying article are available at www.eweek.com. The publication was previously known as PC Week, and bills itself as the nation's largest newsweekly news·week·ly  
n. pl. news·week·lies
A weekly newsmagazine or newspaper that reports current events.
 on information technology.

About AmSouth

AmSouth is a regional bank holding company headquartered in Birmingham with $38.2 billion in assets, 600 branch banking offices and more than 1,200 ATMs. AmSouth operates in Tennessee, Alabama, Florida, Mississippi, Louisiana and Georgia. AmSouth is a leader among regional banks in the Southeast in several key business segments, including consumer and commercial banking, small business banking, mortgage lending, equipment leasing Equipment Leasing is a financing option to lease equipment for a certain amount of time. Leasing Benefits
  • Control secondary market, offer the ability to up-grade and trade-in.
  • Converts cash buyers of small machines to larger, more expensive purchases.
, annuity and mutual fund sales, and trust and investment management services. AmSouth also offers a complete line of banking products and services at its web site, www.amsouth.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 16, 2001
Words:327
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