BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that 27 financial institutions
selected EasyLender® Mortgage and/or EasyLender®
Consumer Commercial IDM for their loan origination and processing
technology needs in the last year. Many of these clients cited faster
loan approvals, enhanced service and hassle-free closings as key to
their selection of EasyLender.
The EasyLender solution from Fiserv provides comprehensive lending
automation from application through closing, supporting originations for
mortgage, consumer, home equity and business loans. In addition to new
agreements, approximately 200 current EasyLender clients have renewed
their relationship with Fiserv for this year.
"EasyLender is the ideal loan origination system for our lending
operations," said Reyne Pierce, assistant vice president of retail
lending at Pathfinder Bank, Oswego, N.Y. "The software has comprehensive
functionality that gives us the flexibility to offer almost any type of
loan product to our customers. The easy-to-learn interfaces and
integration with the bank's account processing system have allowed us to
streamline the entire process for both mortgage and consumer loans."
Ixonia Bank, another financial institution now using EasyLender, has
$282 million in assets and is headquartered in Ixonia, Wis. The bank
experienced an efficient LOS migration due to the well-defined software
delivery process practiced by Fiserv. The methodology, which has been
proven through dozens of implementations, includes detailed
business-process analysis, thorough training, and carefully coordinated
implementation services.
"Our selection of EasyLender was based on a desire to provide our
customers with fast turnaround on applications and loan decisions," said
Juliana Neu, assistant vice president and loan administration manager at
Ixonia Bank. "The scalability provided by the mortgage and
consumer/commercial IDM solutions will be instrumental as we work to
grow and expand our lending business."
"Lenders must embrace technology to help them win market share, generate
growth and provide a superior customer experience in today's lending
environment," said Kevin Collins, president, Lending Solutions, Fiserv.
"The momentum from 2013 among this loyal client base is evidence of the
strong relationships we continue to build, the results our clients
achieve with EasyLender software and how Fiserv is helping institutions
of all sizes achieve their strategic goals."
EasyLender Mortgage is a scalable loan origination system (LOS) designed
for community banks and mid-tier credit unions seeking to grow their
mortgage business. EasyLender Consumer Commercial IDM is an LOS using
dynamic document technology to manage a complete portfolio of consumer,
home equity and commercial loan products with speed and accuracy.
Additional Resources:
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider
serving the financial services industry, driving innovation in payments,
processing services, risk and compliance, customer and channel
management, and business insights and optimization. For more
information, visit www.fiserv.com.
FISV-G
Media Relations:
Wade Coleman
Director, Public
Relations
Fiserv, Inc.
678-375-1210
wade.coleman@fiserv.com
or
Additional
Contact:
Karissa Bursch
Public Relations Specialist
Fiserv,
Inc.
678-375-4603
karissa.bursch@fiserv.com
Source: Fiserv, Inc.
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