Cass Information Systems Positioned as Sole Challenger in Magic Quadrant for Managed Mobility Services, Global

7 April 2020

ST. LOUIS - Apr. 2, 2020 - Cass Information Systems, Inc. (NASDAQ: CASS), a leading global provider of integrated information and payment management solutions, today announced it has been positioned by Gartner in the Challengers quadrant of the 2020 Magic Quadrant for Managed Mobility Services, Global1.

"We are proud to be positioned as the only vendor in the Challengers quadrant," commented Josh Bouk, Vice President, Global Sales & Marketing. "We believe that being recognized  in the Magic Quadrant is a testament to the global service delivery teams Cass has invested in over the past several years."

Gary Langfitt, President of Cass Information Systems sees this Gartner positioning as one aspect of a larger picture. "When noting the inclusion of Cass in this Magic Quadrant with our inclusion in the June 2019 Market Guide for Telecom Expense Management Services and Cass’ new Cloud Management Services, we believe we offer our global enterprise clients a truly unique combination of IT spend management breadth and global service excellence. Our commitment is enabling rapid digital transformation within the world’s largest enterprises," he said.

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About Cass Information Systems

Cass Information Systems, Inc. is a leading provider of integrated information and payment management solutions. Cass enables enterprises to achieve visibility, control and efficiency in their supply chains, communications networks, facilities and other operations. Disbursing over $60 billion annually on behalf of clients, and with total assets of $1.7 billion, Cass is uniquely supported by Cass Commercial Bank. Founded in 1906 and a wholly owned subsidiary, Cass Bank provides sophisticated financial exchange services to the parent organization and its clients. Cass is part of the Russell 2000®. More information is available at www.cassinfo.com.

1 Gartner, “Magic Quadrant for Managed Mobility Services, Global,” Katja Ruud, Leif-Olof Wallin, Bill Menezes, 1 April 2020.