June 26 – Fiserv, Inc., a leading global provider of financial services technology solutions, is equipping financial institutions to better serve beginning investors with the addition of tailored digital advice and education to Wealth Management Network from Fiserv. Fiserv is adding these capabilities through an agreement with the financial services startup GoldBean. The agreement resulted from GoldBean’s participation in the INV Fintech accelerator launched last year by Bank Innovation and Fiserv to further innovation in financial services.
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May 23 – Fiserv Inc., a leading global provider of financial services technology solutions, has announced the availability of SecureNow, a centralized, real-time cybersecurity platform designed specifically for digital financial services. SecureNow integrates a wide range of cybersecurity protections to enable financial institutions to combat fast-moving threats and detect fraud in real time while maintaining a positive experience for legitimate users.
May 15 – Fiserv, Inc., a leading global provider of financial services technology solutions, has announced that First National Bank of Pandora, headquartered in Pandora, Ohio, has selected Fiserv as its new technology partner. The bank, which has $153 million in assets, is furthering its focus on efficiency by moving to the Premier® core account processing platform from Fiserv and consolidating multiple vendor relationships. This will speed up and simplify processes for staff and facilitate integration between solutions, enabling a seamless customer experience.
February 27 – Fiserv, Inc., a leading global provider of financial services technology solutions, announced today that Credit Union of Southern California (CU SoCal) a $1.2 billion, 92,000 Member credit union based in Anaheim, has selected the Architect digital banking platform. Architect will enable CU SoCal to deliver a unified digital banking experience, meeting the needs of today’s connected consumers and facilitating the growth plans of the credit union. The real-time integration of Architect into the credit union’s core account processing platform and the fact that Architect is a hosted solution that does not require extensive onsite support were also key factors in the selection.
February 14 – -Fiserv, Inc., a leading global provider of financial services technology solutions, has been named a winner of the first-ever Technology Association of Georgia (TAG) Fintech ADVANCE Awards. The award recognizes the company’s ability to bring measurable results to the financial industry through innovative solutions. It is the most recent in an impressive array of accolades received by Fiserv clients and solutions during the last year.
CECL: The need for data – And its impacts across the institution
The Financial Accounting Standards Board (FASB) has introduced the new Current Expected Credit Loss (CECL) standard to better understand the credit risk associated with the portfolio and reporting on financial instruments in financial statements. A successful implementation of CECL requires better integration between accounting and risk management and access to an expanded historical data set to calculate credit reserves. CECL creates a waterfall effect for financial accounting and the budgeting and planning teams.
CFO’s, Controllers, Financial Accountants and Asset Liability Managers should join Fiserv experts for an educational and informative discussion to learn how your institution will not only need a more complete view of your portfolios, but a data strategy to manage the new process across all risk, compliance and accounting disciplines that span the financial institution.
Featured Presenter: Tom Caragher, Product Manager, Fiserv
December 12 – -Fiserv, Inc., a leading global provider of financial services technology solutions, has entered into a definitive agreement to acquire Atlanta-based Online Banking Solutions, Inc. (OBS). Through this acquisition, Fiserv will gain additional cash management and digital business banking capabilities, which complement and enrich its existing solutions.
December 12 – -Fiserv, Inc., a leading global provider of financial services technology solutions, has announced the return of Season of Giving, a cause marketing campaign benefitting the 501(c)(3) nonprofit organization Good360. Now through December 31, each time a participating financial institutions’ accountholders receive an e-bill, or use bill pay, Popmoney® or Popmoney: Charitable Giving via online or mobile banking, they are entered to win one of six cash prizes of up to $10,000. Fiserv will also make a total $45,000 donation to national nonprofit Good360 as part of the Season of Giving.
December 6 – -Fiserv, Inc., a leading global provider of financial services technology solutions, has announced that First Financial Bank in Bessemer, Alabama, has selected Fiserv as its new technology partner. The bank was looking for a partner with a strong investment in research and development, innovative solutions and a high level of client support.
November 17 – Fiserv, Inc., a leading global provider of financial services technology solutions, has announced enhancements to its Unified Wealth Platform. A new user experience and interface developed by Fiserv allows financial advisors and operations professionals to more efficiently and quickly access the tools they need to support and manage multiple managed account programs.