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S1 Corporation (S1) is a provider of software and related services that automate the processing of financial transactions. Its solutions are designed for financial organizations, including banks, credit unions, insurance companies, transaction processors, payment card associations, and retailers. S1 operates in two business segments: Enterprise and Postilion. The Enterprise segment represents global banking and insurance solutions primarily targeting larger financial institutions. The Postilion segment represents the community financial, full service banking and lending businesses in North America (FSB) and global payment processing and management solutions. The Company sells its solutions primarily to traditional financial services providers, such as banks, credit unions and insurance companies, as well as transaction processors and retailers. The Company derives a significant portion of its revenues from licensing its solutions and providing professional services.(Source: 10-K)