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One of the largest banks in New Jersey expands relationship with
Fiserv for a full suite of banking solutions, including account
processing and payments
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Bank cites cross-channel integration, strength of commercial
capabilities and open architecture as determining factors in its
selection of Fiserv
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Solution to enable delivery of innovative products, including
expansion of commercial banking, lending and deposit services
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Investors Bank, headquartered
in Short Hills, N.J. with $12.8 billion in assets, has chosen Fiserv for
an enterprise-wide banking solution. Centered on the Signature®
bank platform, the total Fiserv solution set will include account
processing, card services, debit and item processing, risk and fraud
management, enterprise business insights and customer relationship
management.
"With Fiserv, our bank will be equipped with a flexible, open platform
supported by superior ancillary solutions that can meet our unique
business requirements for today and into the future," said Daniel
Harris, senior vice president of Operations and Information Technology,
Investors Bank. "The out of the box capabilities, as well as the ability
to customize for our particular requirements, will help us to respond to
customer needs and create a superior banking experience. In particular,
we look forward to the expanded functionality available to benefit our
commercial customers with advanced products and services."
Operating in a highly competitive geographical market, Investors Bank
plans to use the total Fiserv solution to deliver innovative products to
its customers quickly and efficiently. This includes expanding its
commercial banking services with a system that supports complex
transactions, as well as adding a wide range of lending and deposit
services for commercial and retail customers. Integration across
channels, solutions for improved insight into accounts and customer
relationships, and enterprise-wide workflow enhancements will help to
expand the bank's relationships with its current and future customers.
"Fiserv looks forward to working closely with Investors Bank to help
accelerate its growth, expand customer relationships and deliver
superior financial services," said Teri Carstensen, president, Bank
Solutions, Fiserv. "We have a history of success in partnering with
large, sophisticated organizations like Investors Bank, and that
experience and orientation aligns perfectly with the bank's plans to
provide the most efficient and integrated technology available.
Fiserv is ready to help them deliver on those strategic initiatives."
"The Fiserv commitment to partnering with its clients to deliver the
best solution set for their business will be a key component in our
success," said Harris.
Selected Fiserv solutions include the Accel™ payments network and other
card services solutions, Pep+® for ACH processing, UChoose
Rewards® loyalty solution, EnAct™ for sales and contact
management, Aperio™ for business process management, Frontier™
Reconciliation, AML Manager, Fraud Risk Manager™, Nautilus®
for enterprise content management and ConvergeIT® voice
response system, as well as solutions for statement and card production
and item processing
Fiserv is the U.S. market leader in account processing services with
more than one-third of U.S. financial institutions relying on Fiserv for
account processing solutions and expertise. Additionally, as the largest
independent U.S. check processor, Fiserv handles 1 out of every 5 checks
written. Javelin Strategy & Research named Fiserv "Best in Class" for
mobile banking for the second consecutive year and Popmoney
person-to-person payments are currently offered at more than 1,900 banks
and credit unions.
About Investors Bank
Investors Bank is a full-service community bank that has been serving
customers since 1926. With $12.84 billion in assets and a network of 100
retail branches in New Jersey, New York City and Long Island. Investors
delivers personalized services and products tailored to the needs of its
customers. Investors' consumer banking services include complete deposit
products, online banking, home equity loans and lines of credit and a
full array of mortgage loans.
Serving the business community, Investors provides deposit accounts,
cash management services, business loans and lines of credit, and
commercial real estate financing solutions to small and middle market
companies, professional services firms, municipalities and other
businesses. Investors is a member of the FDIC and an Equal Housing
Lender.
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
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