FundsXpress Inc. said its Internet banking software has won the Independent Bankers Association of Texas' exclusive endorsement.

"The endorsement is an indication that independent bankers are realizing the necessity of moving toward Internet banking," said John Burns, chairman and chief executive officer of FundsXpress.

Its system was developed with support from Banking Solutions Inc., Travelers Express Co., Visa U.S.A., Microsoft Corp., SBC Communications, and Pulse EFT Association, with an eye toward making on-line banking affordable for smaller financial institutions.

"Our goal is to reestablish the independent bank as the 'go-to' place for its community's financial needs," said Mr. Burns.

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