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Michigan's ninth largest credit union chooses DNA from Fiserv to
enhance service for its 108,000 members
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Credit Union ONE turns to real-time, open architecture of DNA to
implement long-term vision for the future
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Flexible DNA design and proven Fiserv leadership were determining
decision factors
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Credit Union ONE, based in
Ferndale, Mich., has selected the DNA™
account processing platform from Fiserv to increase efficiency and
implement its long-term growth strategy. Leaders at the $810 million
asset credit union cited the DNA platform's easy integration, highly
configurable feature-set and innovative DNAcreator™ toolkit as key to
its decision.
"We mark our 75th anniversary this year by partnering with
Fiserv — an investment that will help us create remarkable member
experiences for years to come," said David Breuer, senior vice president
and Chief Information Officer, Credit Union ONE. "The open architecture
and robust functionality of DNA will enable us to fulfill our member
value proposition by providing highly customized products and services
through the real-time channels they demand — anytime, anywhere. With the
efficiencies we gain from DNA, we'll be able to focus our resources on
developing strategic, growth-oriented solutions with DNAcreator. Fiserv
gives us the tools and the confidence we need to take our technology,
members and staff firmly into the future."
Recognized
by industry-leading analysts for its technology, user experience and
breadth of functionality, DNA from Fiserv is the first open,
person-centric core banking platform built for collaboration. DNA was
completely rewritten using Microsoft's leading .NET Framework for a
state-of-the-art core platform that banks and credit unions can rely on
for the long-term. With DNA, Credit Union ONE benefits from 24/7
real-time processing, robust retail, mortgage and commercial banking
capabilities, and a 360 degree view of its retail and business
relationships.
The unique customization and extensibility opportunities made possible
by DNAcreator and DNAappstore™ played a key role in Credit Union ONE's
decision to select DNA. With the DNAcreator development toolkit, the
credit union's technical staff can create seamlessly integrated, custom
core extensions called DNAapps™ that add new functionality, screens and
processes to DNA. Credit Union ONE can sell its DNAapps to other
financial institutions as well as purchase those created by others
through the DNAappstore — the first collaborative online marketplace for
custom core applications.
"Credit Union ONE's selection of DNA demonstrates this progressive
credit union's commitment to service excellence and product innovation,"
said Steve Cameron, president, Open Solutions Division, Fiserv. "As a
strategic account processing platform, DNA will serve as a foundation
upon which Credit Union ONE can grow and adapt to changing member needs,
new technology trends and an increasingly competitive marketplace."
In addition to DNA, Credit Union ONE will implement tMagic™ for
integrated teller capture, Prologue™ for financial management, ConvergeIT®
for interactive voice response and WireXchange® for wire
transfer processing. Credit Union ONE is an existing client of the
Raddon Financial Group, a consulting and research group of Fiserv.
Additional Resources:
About Credit Union ONE
Credit Union ONE, headquartered in Ferndale, Michigan for seventy-five
years, offers a wide array of financial services and access to over
30,000 ATM's nationwide, serving 108,000 members, with seventeen offices
in three major metropolitan areas, including Metro Detroit, Grand Rapids
and Traverse City. For more information go to cuone.org or "like us" on
Facebook.
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
or
Additional
Contact:
Wade Coleman
Director, Public Relations
Fiserv,
Inc.
678-375-1210
wade.coleman@fiserv.com
Source: Fiserv, Inc.
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