$19 billion bank recommits to its Fiserv core account processing
platform following successful conversion of two bank acquisitions in the
last three years
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that MB Financial Bank, N.A., has
signed a long-term renewal with Fiserv. The bank, a wholly owned
subsidiary of MB Financial, Inc., is recommitting following the
successful conversion of two acquisitions to its Fiserv core account
processing platform in the last three years. The bank has also signed an
agreement for CheckFree® RXP® for electronic bill
payment and expanded its Nautilus® capabilities to streamline
content management across the enterprise.
A Fiserv client since 1995, MB Financial uses the Signature®
account processing platform from Fiserv along with a wide range of
Fiserv solutions, including Mobile Source Capture™ for remote deposit,
Architect™ for online banking, PEP+® for ACH payment
processing, LoanServ™ for loan servicing, and card services. Over the
past three years, the professional services team at Fiserv has helped
the bank complete two acquisitions - providing support and project
management to ensure successful conversions.
"MB Financial has grown substantially during the course of their
partnership with Fiserv, and our relationship has continued to deepen as
their technology needs have matured," said Byron Vielehr, group
president, Depository Institution Services, Fiserv. "We're focused on
helping MB Financial execute on their service strategy, allowing them to
provide customers with the capabilities they need to better manage their
Fiserv is the U.S. market leader in account processing services, and
more than one-third of U.S. financial institutions rely on Fiserv for
account processing solutions and expertise.
In a world that is moving faster than ever before, Fiserv helps clients
deliver solutions that are in step with the way people live and work
today - financial services at the speed of life. Learn more at fiserv.com.
About MB Financial
MB Financial, Inc. is the Chicago-based holding company for MB Financial
Bank, N.A., which has approximately $19-billion in assets and a more
than one hundred year history of building deep and lasting relationships
with middle-market companies and individuals. MB offers a full range of
powerful financial solutions and the expertise and experience of bankers
who are focused on their clients' success. MB Financial Bank is a wholly
owned subsidiary of MB Financial, Inc. (NASDAQ: MBFI).
Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and
deliver financial services experiences that are in step with the way
people live and work today. For more than 30 years, Fiserv has been a
trusted leader in financial services technology, helping clients achieve
best-in-class results by driving quality and innovation in payments,
processing services, risk and compliance, customer and channel
management, and insights and optimization. Fiserv is a member of the
FORTUNE® 500 and has been named among the FORTUNE Magazine
World's Most Admired Companies® for four consecutive years,
ranking first in its category for innovation in 2016 and 2017. For more
information, visit fiserv.com.
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Director, Public Relations
Elizabeth McMillan, APR
Source: Fiserv, Inc.
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