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Cambridge Mercantile Group and PNC Bank, N.A. join WireXchange as
foreign exchange partners
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WireXchange simplifies foreign wire transfers for more than 600
financial institutions
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Browser-based solution fully automates the wire transfer process
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, announced today the expansion of its real-time
domestic and international foreign wire exchange solution, WireXchange®.
WireXchange from Fiserv is adding two foreign exchange partners: Cambridge
Mercantile Group and PNC
Bank, N.A. With its current partners Western
Union Business Solutions and others, WireXchange now provides more
choices to financial institutions looking for a foreign currency
exchange solution.
"Foreign wire transfers can be challenging for many financial
institutions. At Fiserv, we understand and have made the process as
simple and as automated as possible," said Bailey Nelson, vice
president, Credit Union Solutions, Fiserv. "We have more than 600 active
clients on WireXchange and are seeing record transaction volumes. With
our new partners, WireXchange clients have access to a flexible,
fully-integrated solution that helps them increase operational
efficiency, increase revenue, and reduce risk."
WireXchange is a browser-based solution that is integrated with Fiserv
credit union and bank account processing platforms and automates the
wire transfer process. Features include one-step wire entry,
verification, OFAC screening, posting to the integrated host system,
delivery to the Federal Reserve and automated notification to customers.
Additional Resources:
About Fiserv
This year, Fiserv, Inc. (NASDAQ: FISV) celebrates 30 years of leadership
in financial services technology. As one of FORTUNE® magazine's
World's Most Admired Companies, Fiserv is helping clients worldwide
achieve best-in-class results by 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 Nixon
Senior Public Relations
Manager
Fiserv Inc.
+1 678-375-3744
julie.nixon@fiserv.com
or
Additional
Contact:
Wade Coleman
Director, Communications &
Thought Leadership
Fiserv Inc.
+1 678-375-1210
wade.coleman@fiserv.com
Source: Fiserv, Inc.
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