Suffolk County National Bank will move to Premier core account
processing platform and add multiple solutions, including digital
banking capabilities, to support growth
Technology enhancements will enable delivery of the superior customer
experience required in a highly competitive market
Replacement of multiple existing providers with Fiserv will allow the
bank to simplify their technology environment
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Inc. (NASDAQ:FISV), a leading global provider of financial services
technology solutions, today announced that Suffolk County National Bank
(SCNB), headquartered in Riverhead, New York, has selected the Premier®
core account processing platform as the new technology foundation for
its growing organization. The bank has also chosen a full range of
supporting solutions from Fiserv that will enable the delivery of an
integrated, cohesive customer experience across channels.
SCNB was recognized by Sandler O'Neill + Partners in both 2014 and 2015
as a Sm-All Star for its strong financial performance compared
with banks and thrifts across the country. The bank chose Fiserv and the
Premier platform to offer greater commercial banking functionality as it
continues to grow through expansion in new and existing markets. SCNB
cites the scalability and flexibility of Premier and the integration of
best-in-class solutions as major factors in the decision.
"With locations on Long Island and the New York City boroughs, we are in
direct competition with the nation's largest banks," said Denise
Chardavoyne, Chief Information Officer, SCNB. "As we continue growing
our business, we need to offer banking services that satisfy our
discerning customer base. We are confident that Fiserv has the
technology and expertise to help us do so."
By transitioning to Fiserv as the single provider for digital services,
SCNB will be able to implement consistent branding, terminology and
navigation across channels, including online and mobile. Digital
solutions include Business Online™ for business online banking, Retail
Online™ for consumer online banking, Mobiliti™ for mobile banking and
Mobile Source Capture™ for mobile remote deposit. The bank will also
introduce CheckFree® RXP® for electronic bill pay,
and Fiserv payment offerings including person-to-person payments through
Popmoney® and account-to-account transfers through TransferNow®.
The tighter integration and automation created by replacing multiple
vendors and service providers with Fiserv will enable SCNB to simplify
its technology environment. SCNB expects this technology initiative to
streamline operations and reduce costs while enhancing the customer
"One of the bank's major goals was to offer a consistent,
well-integrated customer experience across touchpoints," said Teri
Carstensen, president, Bank Solutions, Fiserv. "The integration between
Fiserv solutions is very attractive to SCNB because it is the foundation
for delivering this experience."
SCNB has also added Director® for content management and
Statement Advantage™ for custom statement generation.
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. Javelin Strategy & Research
named Fiserv best mobile banking provider for three consecutive years,
and Popmoney person-to-person payments are currently offered at nearly
2,400 banks and credit unions.
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 TheSpeedofLife.com.
About Suffolk Bancorp
Suffolk Bancorp is a one-bank holding company engaged in the commercial
banking business through Suffolk County National Bank, a full service
commercial bank headquartered in Riverhead, New York, and Suffolk
Bancorp's wholly owned subsidiary. Organized in 1890, the Bank has 27
branch offices in Nassau, Suffolk and Queens Counties, New York. For
more information about the Bank and its products and services, please
Fiserv, Inc. (NASDAQ:FISV) 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 than 30 years, Fiserv has
been a leader in financial services technology, and today is among
FORTUNE® magazine's World's Most Admired Companies and Forbes magazine's
America's Best Employers. For more information, visit www.fiserv.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160107005690/en/
Director, Public Relations
Director, Corporate Communications
Source: Fiserv, Inc.
News Provided by Acquire Media