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Broadway Bank renewed Signature from Fiserv as its account processing
solution, extending and expanding its full solution set with an array
of integrated products
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Technology suite includes solutions for payments, processing services,
risk and compliance, business intelligence and customer and channel
management from Fiserv
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Fiserv was selected for its open architecture and commitment to
enterprise-wide integration
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Broadway
Bank, headquartered in San Antonio, Texas, extended and expanded its
relationship with Fiserv. Centered on the Signature® bank
platform for account processing, Broadway Bank chose an integrated
technology suite from Fiserv consisting of solutions for payments,
processing services, risk and compliance, business intelligence and
customer and channel management.
Fiserv was selected in a competitive process for its open architecture
and commitment to enterprise-wide integration. A $2.8 billion financial
institution, Broadway Bank operates in 39 locations in Texas throughout
San Antonio, Austin and The Hill Country, and is committed to making a
difference in its communities. With a fully integrated technology behind
the bank's operations, Broadway Bank sees the potential to create new
efficiencies and cost savings while delivering the latest technology to
its customers in a rapid timeframe.
"We renewed with Fiserv after working with them to configure an
integrated, best-of-breed solution set that will allow us to target and
acquire new customers, improve service for existing customers and drive
operational efficiencies with emphasis on process improvement," said
Jeff Foote, director of operations and technology, Broadway Bank. "We're
confident in our continued partnership with Fiserv because of its
strategic direction, people, expertise and service. Fiserv is committed
to ongoing assessments of our environment, ensuring that we are best
utilizing its systems and our technology investment."
In addition to Signature, the Fiserv suite for Broadway Bank includes
ATM and Credit Processing, the ACCEL/Exchange® Network,
InformEnt®, EnAct™, Nautilus®, Aperio™, PEP+®,
Financial Crime Risk Management, Mobile Source Capture™, Branch Source
Capture™, Decision Optimization Solutions and Bank Intelligence, as well
as solutions for risk and compliance and item processing. The bank also
utilizes Sageworks® for loan portfolio and credit risk
management via a technology partnership with Fiserv.
Signature provides financial institutions with a complete end-to-end
solution for account processing, which is fully integrated with other
market-leading solutions from Fiserv. The bank will utilize the
integration across products and delivery channels to optimize the
customer experience and provide more efficient service.
"Our long-term partnership with Broadway Bank demonstrates our
experience and commitment to helping our clients achieve their strategic
objectives," said Dave Santi, division president, Bank Solutions,
Fiserv. "Fiserv operates on a service-oriented architecture (SOA) model
that delivers a winning combination of integrated products and services
— from account processing to customer relationship management and
analytics — that will help Broadway Bank continue to grow. Signature is
designed to meet the needs of growth-oriented, mid- to large-sized
institutions, providing an integrated infrastructure that leverages
assets of the bank and Fiserv."
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.
About Broadway Bank
Headquartered in San Antonio, Broadway Bank was founded in 1941. It has
evolved from a small neighborhood bank into one of the largest
independently-owned banks in Texas. Today, Broadway Bank continues to
operate as a family-owned and operated financial institution. Broadway
Bank offers a full range of sophisticated financial services, including
personal banking, private banking, military banking, business banking
and wealth management. With more than $2.8 billion in total assets, the
highly-rated Bank operates 39 locations in San Antonio, Austin, and the
surrounding areas. Visit the Broadway Bank website at broadwaybank.com
for more information.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider
serving the financial services industry, 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
Additional
Contact:
Wade Coleman
Director, Public Relations
Fiserv,
Inc.
678-375-1210
wade.coleman@fiserv.com
Source: Fiserv, Inc.
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