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Bank renews agreement for CheckFree RXP, Popmoney and Transfer Now
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Solutions allow bank to enrich relationships with retail and small
business customers
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Fiserv consumer marketing team brings added value to relationship with
insights to drive adoption and use of money movement services
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Citizens Bank has renewed its
agreement with Fiserv for multiple digital payment capabilities, signing
a seven-year extension for CheckFree RXP®, Popmoney®,
and TransferNow®, as well as the small business versions of
each of these services. The agreement enables Citizens Bank to continue
offering industry-leading electronic bill payment, person-to-person
payment and account-to-account transfer functionalities to meet its
retail and small business customer payments needs.
"We strive to deliver convenient, simple-to-use financial services to
enable our customers to bank better," said Michael Cleary, head of
distribution and executive vice president, Citizens Bank. "Our customers
have told us that they want to be able to bank when, where and how they
want, and we want our customers to have the best capabilities available.
Fiserv provides us with payment capabilities that allow our retail and
small business customers to securely move money where and when they
want."
CheckFree RXP offers Citizens Bank customers expanded control over the
bill payment process. The solution delivers the most comprehensive and
intuitive electronic billing and payments experience in the industry and
gives customers the ability to receive electronic bills (e-bills) from
hundreds of billers. Popmoney makes it easy to pay others from an
existing bank account using a recipient's name and email address or
mobile phone number, and for small businesses to send invoices.
TransferNow offers customers a way to transfer funds to or from their
own non-Citizens Bank accounts, making overall funds management easier
by eliminating extra steps involved in withdrawing and depositing money
at different banks. Together, these solutions provide comprehensive
money movement capabilities for Citizens Bank customers.
"Our complete suite of consumer and small business payment options helps
Citizens Bank meet the unique money movement needs of their customers,"
said Tom Allanson, president, Electronic Payments, Fiserv. "Attention to
delivering in-demand services is one of the reasons Citizens Bank was
recently named among The Best Banks in America by Money Magazine,
and we are proud to work with them to deliver solutions that meet their
customers' payment preferences."
Additional Resources:
About Citizens Financial Group, Inc.
Citizens Financial Group Inc. is one of the nation's oldest and largest
financial institutions, with $132.9 billion in assets as of December 31,
2014. Headquartered in Providence, Rhode Island, the company offers a
broad range of retail and commercial banking products and services to
individuals, small businesses, middle-market companies, large
corporations and institutions. Consumer Banking helps its retail
customers "bank better" with mobile and online banking, a 24/7 customer
contact center and the convenience of approximately 3,200 ATMs and
approximately 1,200 Citizens Bank and Charter One branches in 11 states
in the New England, Mid-Atlantic and Midwest regions. Citizens also
provides mortgage lending, auto lending, student lending and commercial
banking services in selective markets nationwide. Citizens Commercial
Banking offers corporate, institutional and not-for-profit clients a
full range of wholesale banking products and services including lending
and deposits, capital markets, treasury services, foreign exchange and
interest hedging, leasing and asset finance, specialty finance and trade
finance.
Citizens operates via subsidiaries Citizens Bank, N.A., and Citizens
Bank of Pennsylvania. Additional information about Citizens and its full
line of products and services can be found at www.citizensbank.com.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is a leader in financial services technology
and one of FORTUNE® magazine's World's Most Admired
Companies. Fiserv 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 information, visit www.fiserv.com.
FISV-G
Wade Coleman
Director, Thought Leadership & Communications
Fiserv,
Inc.
678-375-1210
wade.coleman@fiserv.com
or
Media
Relations:
Ann Cave
Director, Public Relations
Fiserv,
Inc.
678-375-4039
ann.cave@fiserv.com
Source: Fiserv, Inc.
News Provided by Acquire Media