AUSTIN, Texas — Alabama Credit Union has extended its partnership with FundsXpress until 2010.

The Internet-based financial services provider will continue to provide the credit union with its fx eBanking platform, bill pay service and the new FundsXpress fxSecurity suite with Dual Authentication, an anti-fraud and risk analysis solution. The deal also includes the fx1to1 package–five Internet banking features that provide customer "self-help" and direct marketing functionality. Alabama Credit Union has been a FundsXpress client since 2001.

The $225 million credit union has experienced a 36% jump in online bill pay activity over the last year, according to Greg Constantine, FundsXpress executive vice president. "This institution is yet another example of how the FundsXpress Internet banking and bill pay solutions allow financial institutions to service profitable account holders and expand into emerging markets," he said.