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Credit union also selects person-to-person payment and electronic bill
pay solutions
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Fiserv solutions will help Shell Geismar increase growth, streamline
operations and enhance member services
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Member-centric relational database, automated processing cited as key
factors in selection of CUnify
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, announced today that Shell Geismar Federal Credit
Union, based in Gonzales, Louisiana, has selected the CUnify™
account processing platform in an outsourced deployment. The credit
union will also implement Popmoney® for person-to-person
payments and CheckFree® RXP® for electronic bill
payments.
"Over the past several years, our credit union has strategically
expanded its brand, community presence and services, in correlation with
our strong growth in assets, loans and membership," said Ronaldo Hardy,
CEO of Shell Geismar FCU. "As we continue this successful momentum we
have partnered with Fiserv to upgrade our core technology and launch
new, integrated digital services that enhance the overall value and
convenience we provide to our members."
Shell Geismar is a $30 million credit union that selected the integrated
solution suite from Fiserv to modernize its account processing platform
and deliver enhanced member services. CUnify provides a member-centric
relational database that will enable the credit union to target loan and
service offers. In addition, the functionality of CUnify will enable
Shell Geismar to streamline back-office capabilities, moving from manual
processes to a real-time, automated system.
Recognizing the growing demand for digital and mobile payments, Shell
Geismar selected Popmoney, which enables members to send anytime,
anywhere payments using the recipient's email address, mobile number or
secure account information. Shell Geismar also selected CheckFree RXP,
which provides members with the ability to receive and pay bills
electronically from the credit union's website.
"Fiserv helps credit unions provide a better experience for their
members through industry-leading, innovative technology solutions, and
we are very pleased with the momentum that CUnify has delivered since
our acquisition of Open Solutions," said Mark Sievewright, division
president, Credit Union Solutions, Fiserv. "By partnering with Fiserv,
Shell Geismar has access to the technology they need to continue to grow
with improved efficiency, expanded market share and enhanced member
relationships."
Fiserv is the U.S. market leader in account processing services for
financial institutions. More than one-third of U.S. financial
institutions rely on Fiserv for account processing solutions and
expertise, including more than 2,000 credit unions. Javelin Strategy &
Research named Fiserv a top ranked mobile banking provider for three
consecutive years and CheckFree RXP is the industry's leading electronic
billing and payments solution used by more than 4,000 institutions.
Additional Resources:
About Shell Geismar Federal Credit Union
Shell Geismar Federal Credit Union has proudly served the employees of
Shell Chemicals-Geismar Plant and their family members in southern
Louisiana since 1969. The member-owned, not-for-profit financial
cooperative is dedicated to providing quality financial services that
meet members' current and future needs. For more information, visit www.sgfcu.com.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) 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 than 30 years, Fiserv has
been a leader in financial services technology, and today is among
FORTUNE® magazine's World's Most Admired Companies and Forbes
magazine's America's Best Employers. For more information, visit www.fiserv.com.
FISV-G
View source version on businesswire.com: http://www.businesswire.com/news/home/20150610005903/en/
Media Relations:
Ann Cave
Director, Public Relations
Fiserv,
Inc.
678-375-4039
ann.cave@fiserv.com
Additional
Contact:
Elizabeth McMillan
Director, Corporate
Communications
Fiserv, Inc.
678-375-1119
elizabeth.mcmillan@fiserv.com
Source: Fiserv, Inc.
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