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Credit union selects integrated online banking, mobile banking,
electronic bill payment, mobile check deposit and account software
solutions from Fiserv
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Solution suite will help drive organizational growth initiatives by
reducing cost, increasing efficiency and enhancing member relationships
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Fiserv commitment to supporting XP2 platform's open architecture,
relational database cited as key factor in selection
BROOKFIELD, Wisc.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, announced today that E-Central Credit Union, based
in Pasadena, California, has selected the XP2® core
processing platform in an outsourced deployment. The credit union will
also implement several integrated digital solutions, including Corillian
Online® for online banking, Mobiliti™ for mobile banking,
CheckFree® RXP® for electronic bill payments,
Mobile Source Capture™ for mobile check deposit, and Wisdom™
for comprehensive accounting functionality.
"To help realize our organizational goals and objectives, we recently
partnered with Fiserv to deploy a suite of solutions which reduce our
capital expenditures and the burden of managing compliance, employee
risk, security and disaster recovery services," said Mike Theodore,
president and CEO, E-Central Credit Union. "In our opinion, Fiserv
provides best-of-breed integrated digital solutions, and is supported by
strong leadership that is committed to continued investments in their
platforms."
Founded on New Year's Day in 1943, E-Central Credit Union has
approximately $161 million in assets and 17,000 members. After a
competitive review process, the 72-year-old credit union selected Fiserv
to upgrade its core technology to drive growth by reducing overall cost,
increasing operational efficiency, mitigating risk and enhancing new and
current member relationships.
"Credit unions rely on our solutions to consistently deliver high-value
services that strengthen member satisfaction, loyalty and
profitability," said Mark Sievewright, president, Credit Union
Solutions, Fiserv. "E-Central Credit Union's selection of XP2 from
Fiserv demonstrates the value of our continued commitment and investment
in technology for progressive credit unions. With the addition of
digital channels and payments solutions from Fiserv, E-Central is
positioned to deliver advanced financial services efficiently and
effectively, enhancing member relationships both now and in the future."
Fiserv is the U.S. market leader in account processing services for
financial institutions. More than one third of U.S. financial
institutions rely on Fiserv for account processing solutions and
expertise, including more than 2,000 credit union core processing
clients. Javelin Strategy & Research named Fiserv a top-ranked mobile
banking provider for three consecutive years and CheckFree RXP is the
industry's leading electronic billing and payments solution used by more
than 4,000 institutions.
Additional Resources:
About E-Central Credit Union
Headquartered in the heart of Pasadena, E-Central Credit Union has a
long-standing tradition of delivering quality financial services. The
credit union was founded in 1943 with the sole purpose of serving its
members. For more information, visit www.ecentralcu.org.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is a leader in financial services technology
and one of FORTUNE® magazine's World's Most Admired Companies. Fiserv
enables clients to achieve best-in-class results by driving quality and
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:
Julie Nixon
Senior Public Relations
Manager
Fiserv, Inc.
678-375-3744
julie.nixon@fiserv.com
or
Additional
Contact:
Ann Cave
Director, Public Relations
Fiserv,
Inc.
678-375-4039
ann.cave@fiserv.com
Source: Fiserv, Inc.
News Provided by Acquire Media