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New Jersey bank selects the Premier bank platform from Fiserv for
account processing and a host of additional Fiserv solutions
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Person-to-person payments, mobile banking, bill payment and mobile
check capture among the integrated customer-facing digital Fiserv
solutions selected
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The bank cited flexibility, innovation, usability of solutions and the
strategic advantages of a Fiserv partnership as determining factors
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Sussex Bank has selected the
Premier® bank platform from Fiserv and a wide array of
additional solutions. The $533-million New Jersey bank cited the
flexibility and usability of Fiserv products and services as factors
that will help the bank continue its expansion into new markets. Sussex
Bank also expects to benefit from a strategic partnership with Fiserv,
as well as the company's commitment to product development and
innovation.
"Sussex Bank sought an integrated platform that could support our
expansion into other markets, and Premier offered the scale, usability
and functionality to help us achieve that goal," said Anthony
Labozzetta, president and CEO, Sussex Bank. "Going into a market
branch-first is not always necessary when you can provide customers with
an innovative digital experience. As we grow, best-in-class solutions
from Fiserv will help us remain focused on our customers' experience and
on providing highly personalized connections."
To meet increasing consumer demand for 24/7 financial services, Sussex
Bank selected several self-service digital solutions, including
solutions for mobile banking, remote check capture, payments and online
banking. Popmoney® from Fiserv will enable Sussex Bank's
customers to send and receive person-to-person or social payments, while
Mobile Source Capture™ will facilitate secure check deposits from
consumers and small businesses using a smartphone camera.
Fiserv solutions will also improve Sussex Bank's reporting capabilities
and operating efficiencies, while automating many manual processes. The
bank will use Business Analytics from Fiserv to enhance business
intelligence and analytical reporting, enabling more in-depth analysis
of enterprise-wide data to facilitate informed financial and policy
decisions. The integrated workflows and centralized electronic content
management capabilities included in Director® will expedite
many business functions and processes, and Business Process Manager will
be used to streamline account opening and simplify customer service and
interoffice tasks.
"Sussex Bank's continued growth in the highly competitive northern New
Jersey market is a testament to the bank's strength, strategy and
foresight," said Teri Carstensen, division president, Bank Solutions,
Fiserv. "Premier and additional integrated solutions and strategic
services from Fiserv will help Sussex Bank go head-to-head with its
large regional and national competitors, while addressing the bank's
need for increased efficiencies and enhanced reporting. Sussex Bank
joins a growing number of U.S. financial institutions that look to
Fiserv to deliver value, innovation and integration."
In addition to Premier, Business Analytics, Director, Business Process
Manager, Popmoney and Mobile Source Capture, the bank selected the
following innovative Fiserv solutions: Accel™ payments network, Business
Continuity Services for disaster recovery, Branch Source Capture™ for
check capture, CheckFree® RXP® and CheckFree® Small
Business for bill payment and presentment, Data Vaulting™ for automated
data backup and storage, Integrated Teller for real-time customer and
account information, Mobiliti™ for mobile banking, Retail Online™ and
Business Online™ for online banking, TransferNow® for online
funds transfer, and WireXchange® for wire transfers.
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. Popmoney person-to-person
payments are currently offered at more than 1,900 banks and credit
unions, and Javelin Strategy & Research named Fiserv "Best in Class" for
mobile banking for the second consecutive year.
About Sussex Bank
Sussex Bancorp (NasdaqGM: SBBX) is the holding company for Sussex Bank,
which operates through its Regional Offices and Corporate Centers in
Rockaway and Franklin, New Jersey and through its nine branch offices
located in Andover, Augusta, Franklin, Newton, Montague, Sparta, Vernon
and Wantage, New Jersey and Port Jervis, New York; a Regional Office in
Rochelle Park, New Jersey and Tri-State Insurance Agency, Inc., a full
service insurance agency with locations in Augusta (Sussex County) and
Rochelle Park (Bergen County), New Jersey. For additional information,
please visit the company's website at www.sussexbank.com.
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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