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Maryland credit union selects the XP2 account processing platform from
Fiserv with additional Fiserv solutions for digital banking
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XP2 is proven choice in account processing with individual centric
design, flexibility and scalability that supports growth and drives
operational efficiency for credit unions
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Credit union cites the delivery of an intuitive user experience and
robust range of functionality as key to its decision
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Nymeo Federal Credit Union,
headquartered in Frederick, Md., has selected its XP2®
account processing platform in an outsourced environment along with a
host of integrated Fiserv solutions. The $251 million credit union will
use the total Fiserv solution to streamline its business by creating
consistent workflows and reporting across channels - branch, online and
mobile. The credit union cited improved integration and the elimination
of third party solutions as key to the choice of Fiserv.
"Nymeo FCU has experienced growth in recent years, leading us to look to
a technology solution with an intuitive member and staff experience with
enhanced functionality, as well as seamless integration and access to
enterprise-wide information. These attributes will enable our credit
union to support and promote our members' financial wellbeing," said
Vicki Johnston, President and Chief Executive Officer, Nymeo Federal
Credit Union. "We chose to partner with Fiserv for its strong focus in
digital channels and proven track record of innovation."
Nymeo FCU has been a part of the Frederick, Md. community since 1933 and
now serves more than 22,000 members. The credit union's recent
rebranding provided an opportunity to evaluate its internal processes
and seek an intuitive technology solution that correlates with its
innovative branch design. The integration of other Fiserv solutions
allows for greater efficiencies and gives staff a complete view of the
member relationship, thus increasing the opportunities for personalized
service.
"The team at Nymeo FCU understands fully the importance of technology
integration in delivering a comprehensive and relevant array of products
and services to their members in the most efficient way possible,"
said Mark Sievewright, division president, Credit Union
Solutions, Fiserv. "The combination of Fiserv digital solutions with the
advanced and intuitive XP2 core processing solution will help position
the credit union as a one-stop financial center for its members."
In addition to XP2, Nymeo FCU will utilize Corillian Online®
for online banking, Mobiliti™ for mobile banking, Popmoney®
for person-to-person (P2P) payments, CheckFree® RXP®
for bill payment, Nautilus® for enterprise content
management, AccountCreateSM for online account opening,
Statement Advantage™ for statement creation, Wisdom™ comprehensive
accounting tools, Next Multi-Channel Marketing, Branch Source Capture™
and Mobile Source Capture™, and solutions for item processing and
electronic statements.
XP2 from Fiserv is a proven choice in account processing for credit
unions featuring a Microsoft® .NET Framework architecture
open at every tier and an individual centric design backed by an IBM® DB2
relational database. With scalable technology and established interfaces
for a broad range of enterprise solutions, XP2 supports credit unions'
growth and drives operational efficiency. XP2 is available via service
bureau, in-house delivery or facilities management.
Fiserv is the U.S. market leader in account processing services for
financial institutions. More than 55 million consumers
use Fiserv-powered online banking services, and more than one third of
U.S. financial institutions rely on Fiserv for account processing
solutions and expertise.
Additional Resources:
About Fiserv
This year, Fiserv, Inc. (NASDAQ: FISV) celebrates 30 years of leadership
in financial services technology. As one of FORTUNE® magazine's
World's Most Admired Companies, Fiserv is helping clients worldwide
achieve best-in-class results by 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:
Julie Smith
Public Relations Manager
Fiserv,
Inc.
412-577-3341
julie.smith@fiserv.com
or
Additional
Contact:
Wade Coleman
Director, Public Relations
Fiserv,
Inc.
678-375-1210
wade.coleman@fiserv.com
Source: Fiserv, Inc.
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