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Missouri bank chooses the Premier bank platform to provide fully
integrated, enterprise-wide technology solution
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Fiserv applications leverage a service-oriented architecture built on
the Microsoft.NET framework to give Liberty Bank an important advantage
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Integrated solution includes Retail Online for Internet banking,
Mobile Money for mobile banking, CheckFree RXP for bill pay,
WireXchange for wire transfers, among others
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), the leading global provider of financial services
technology solutions, today announced that $970-million Liberty Bank of
Springfield, Mo., a locally owned and operated community bank, has
selected the Premier® bank platform from Fiserv to process
accounts in an in-house environment. To offer customers the seamless
experience that full integration brings, Liberty bank chose a
comprehensive Fiserv solution that includes account processing services,
online banking, electronic document management, bill pay, and other
Fiserv products.
"After an extensive due diligence process, we found that the features
and functionality of Premier were superior to those offered by the other
providers we considered," said Blake Thomas, Chief Operating Officer for
Liberty Bank. "Fiserv also offered strong, integrated online banking
capabilities that are rock solid in terms of stability. Our more than
22,000 customers banking online won't tolerate downtime. When we started
losing customers due to this issue, we knew we needed to find a partner
like Fiserv."
Premier's mature service-oriented architecture (SOA) and seamless
integration provide the open integration, agility, efficiency and
ease-of-use that Liberty Bank needs. With this architecture, financial
institutions can easily collect data from multiple sources, and give
staff and customers real-time access to information. SOA makes it
possible for Liberty to rapidly deploy new solutions, while maximizing
flexibility and integration. According to Thomas, the fact that Fiserv
applications use SOA with the Microsoft.NET platform was a key factor in
Liberty Bank's choice of technology providers.
Other integrated Fiserv products selected by Liberty Bank include Retail
OnlineTM (formerly eCom) for Internet banking, Mobile MoneyTM
for mobile banking, WireXchange® for wire transfers, and
CheckFree® RXP® for bill pay. The bank has already
implemented AccountCreateSM, which gives consumers the
convenience of opening and funding accounts online. This multi-product
implementation represents solutions from all five of the Fiserv core
competencies: Processing Services, Customer and Channel Management,
Business Intelligence and Optimization, Risk and Compliance and Payments.
In addition to the comprehensive suite of products and services from
Fiserv, Liberty Bank was impressed with the breadth of its conversion
plan, which includes large-scale deployment of resources. According to
Thomas, the bank was particularly impressed that, compared to its
competitors, the Fiserv plan included four times the number of people
dedicated to Liberty's smooth and successful migration. The Premier team
sees to it that sufficient resources are deployed both remotely and
onsite, to assure that new clients are up and running as quickly as
possible, and with minimum disruption to the bank's operations and
customers.
"As always, we're committed to Liberty Bank's success, beginning with
their conversion and, of course, for many years to come," said Dave
Wegman, general manager, Premier, Fiserv. "We want to be sure they can
take full advantage of all the Fiserv solutions that are now available
to them."
About Liberty Bank
Since it was established in 1995, Liberty Bank has grown from one
location in Springfield, Missouri to 19 locations throughout Southwest
Missouri. The bank ranks first in Missouri for Small Business
Administration (SBA) loans, in both volume and loan production. Liberty
Bank is committed to making an impact in the communities it serves by
supporting economic and community development, education, as well as
arts and culture. For more information, visit www.therisingstar.com.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of
information management and electronic commerce systems for the financial
services industry, driving innovation that transforms experiences for
financial institutions and their customers. Fiserv is ranked No. 1 on
the FinTech 100 survey of top technology partners to the financial
services industry. For more information, visit www.fiserv.com.
FISV-G
Media Relations:
Fiserv, Inc.
Wade Coleman
Director,
Global Communications
678-375-1210
wade.coleman@fiserv.com
or
Additional
Fiserv Contact:
Fiserv, Inc.
David Carden
Senior Vice
President
Bank Solutions
402-421-4211
david.carden@fiserv.com
Source: Fiserv, Inc.
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