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Integrated solution set to increase overall efficiency and help manage
organic growth and acquisitions
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Fiserv technology will enable the Bank to continue to offer cutting
edge products and exceptional service
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Robust commercial banking functionality to give bank customers
improved lending processes and more advanced servicing
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), the leading global provider of financial services
technology solutions, announced today that Yonkers, N.Y. based Hudson
Valley Bank has selected an integrated banking solution set based on its
Signature™ bank platform. A regional community bank focused on the
financial needs of local businesses and professional services firms,
Hudson Valley Bank has experienced significant growth over the past few
years. The bank sought a technology upgrade to help increase overall
efficiency, develop sustainable process improvements and manage growth.
"In this digital age, our customers expect us to offer the latest
technology and delivery systems to help them grow their businesses. We
are a much larger bank than we were just five years ago, and we need
integrated systems that operate efficiently and cost-effectively to
successfully compete in our marketplace," said James J. Landy, President
and Chief Executive Officer, Hudson Valley Bank. "Upgrading our core and
ancillary systems with Fiserv will position Hudson Valley at the
forefront of new technology, as we offer our customers cutting edge
products and the exceptional service they have come to expect from us.
The focus of these investments is to enable us to better serve our
customers, meet their current and future needs and position the bank for
continued growth and success."
Fiserv provides a complete commercial banking solution to help Hudson
Valley Bank and other organizations like it to maximize their assets,
provide greater insight into their customer base and increase sales
while managing risk and fraud.
"To help us provide compelling products and services, it was vital that
we find the right technology partner," said Howard Bruck, Chief
Information Officer, Hudson Valley Bank. "We chose Fiserv after a
thoughtful and detailed selection process involving representatives from
all areas of the bank. We are confident that we made the right choice of
product and partner."
The Signature bank platform and other Fiserv solutions can help
commercial banking customers achieve a more efficient and
customer-centric lending process. In addition, tools provided by AperioTM
give bank representatives a full view of a customer's relationship with
the bank in one location, which helps improve servicing and
understanding of customer needs.
"Fiserv is committed to helping Hudson Valley Bank achieve ongoing
success, and offer clients innovative offerings and superior service
levels. Our integrated solutions will help drive efficiencies,
facilitate customer service and scale with the bank's growth strategy,"
said Dave Santi, division president, Bank Solutions, Fiserv. "We will
help them take full advantage of all the Fiserv solutions and we look
forward to a long term partnership."
Additional Resources
About Hudson Valley Bank
Founded in 1971, Hudson Valley Bank is the largest independently-owned
commercial bank headquartered in Westchester County New York. With more
than $2.6 billion in assets and 35 branches throughout the metropolitan
New York area and Connecticut, Hudson valley regularly receives high
marks for financial soundness and customer satisfaction. HVB specializes
in providing a full range of financial services to businesses,
professional services firms, not-for-profit organizations and
individuals; and provides investment management services through a
subsidiary, A. R. Schmeidler & Co., Inc. Hudson Valley Holding Corp.'s
common stock is traded on the NASDAQ Global Select Market under the
ticket symbol "HUVL" and is included in the Russell 3000® Index. For
additional information, visit www.hudsonvalleybank.com.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of
information management and electronic commerce systems for the financial
services industry, driving innovation that transforms experiences for
financial institutions and their customers. Fiserv is ranked No. 1 on
the FinTech 100 survey of top technology partners to the financial
services industry. For more information, visit www.fiserv.com.
FISV-G
Media Relations:
Wade Coleman
Director, Global
Communications
Fiserv, Inc.
+1 706-225-9233
wade.coleman@fiserv.com
or
Additional
Contact:
Carol Cowan
VP Product Management and Marketing
Bank
Solutions
Fiserv, Inc.
+1 407-514-1146
carol.cowan@fiserv.com
Source: Fiserv, Inc.
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