<p>AUSTIN, Texas – Internet services firm FundsXpress says it is having a lot of success of late in converting financials off of other Net banking provider's platforms, and onto the FundsXpress solution. FundsXpress attributes this increased conversion activity to decreasing levels of customer satisfaction and security concerns with existing vendor relationships. "Over the last several quarters FundsXpress has generated over 40% of all new Internet banking contracts through conversion business," said Greg Constantine, executive vice president of sales and marketing. FundsXpress filed a lawsuit against Digital Insight in March claiming DI stole trade secrets, specifically sales information, that led to a downturn in sales. FundsXpress believes that its sales are rebounding because a court barred DI from using any of that information. FundsXpress' product suite includes fx eBanking (Internet banking and bill payment), fxSmall Business Banking (commercial services), fxCash Management Direct (cash management), fxPortana (Portana Dynamic Web Site), fxMonitor (account aggregation) and fxLending (automated lending).</p>
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