BankPlus Using Carreker Filter

American Banker, February 11, 2005

Following are excerpts taken from the February 11, 2005 edition of American Banker.

BankPlus Corp. of Belzoni, Miss., has started using an anti-laundering software package from Carreker Corp.

The software, Core (Carreker Online Risk Management Expert) AML Filter, compares names from transaction and account data against industry or bank-specific lists to identify suspicious individuals and organizations.

"Complying with increasingly stringent anti-money-laundering regulatory requirements creates additional resource needs for the bank, but Core AML Filter allows us to meet those requirements without significant impact to our bottom line," Gee Gee Patridge, BankPlus' chief financial officer, said in Carreker's press release.

Mr. Kaus said BankPlus, which has 48 branches in 30 Mississippi communities, has purchased two other anti-fraud programs from Carreker and will start using them commercially next month.