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One of the top 100 U.S. credit unions and the 11th largest
in California, Travis Credit Union, has chosen the Acumen account
processing solution from Fiserv
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Acumen business services capabilities can enable expansion into new
markets and growth in membership
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Credit Union also selects multiple, integrated solutions from Fiserv
including bill pay for consumers and small businesses, source capture,
financial management and anti-money laundering detection
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial
services technology solutions and the largest provider of
business-driven technology solutions
for credit unions, announced today that Travis Credit Union has
selected Acumen® account processing solution from Fiserv with
in-house delivery in a multi-product agreement. The $1.9 billion
institution cited the flexibility and agile product development
capabilities of Acumen, and the Fiserv approach to account management
which can simplify vendor management for the credit union, as key
decision factors.
The Fiserv implementation will include CheckFree® RXP® and
CheckFree® Small Business for electronic bills and payments,
AML Manager ™ for anti-money laundering detection, management and
reporting, Branch Source Capture™ and Teller Source Capture™ for
real-time deposits, Prologue™ for financial management and LynxGate®
for ATM management.
"Fiserv technology provides us with a tremendous opportunity to move
forward in terms of growth," said Patsy Van Ouwerkerk, president and
Chief Executive Officer, Travis Credit Union. "Since it was built with
the latest technology, Acumen will make it so much easier for us to
adapt how we're doing business and to more rapidly deliver superior
products and new services to delight our members. Acumen will make our
product development and implementation of enhancements much faster and
easier."
With more than 177,000 members, Travis Credit Union is among the top 100
credit unions in the United States, and plans to transform its
operations by managing market and member data and transforming it into
actionable information that will drive revenue, growth and member
satisfaction.
The addition of CheckFree RXP enables consumer and small business
members to both receive and pay bills on the credit union's website.
Members can schedule payments and keep tabs on their finances with
payment reminders and alerts. They can also sign up to receive e-bills,
which contain all the same information as paper bills but are delivered
securely via online banking, from more than 400 companies including
utilities, insurers, mobile providers and credit card companies. To aid
efficiency, newly implemented Branch Source Capture and Teller Source
Capture solutions can streamline retail deposits at the back counter and
eliminate courier costs and processing delays.
"Credit unions across North America are recognizing the value of the
next-generation capabilities that Fiserv brings to leading organizations
like Travis Credit Union. When you combine advanced account processing
technologies of Acumen, with the world class portfolio of financial
services solutions from Fiserv, the result can be an enterprise that
serves as a powerful engine for growth," said Mark Sievewright,
president, Credit Union Solutions, Fiserv.
Acumen is the newest choice in account processing for credit unions from
Fiserv. Designed to meet the needs of the largest, most progressive
credit unions, Acumen features an open architecture, advanced
functionality and superior ease of use, plus the ability to
cost-effectively scale as credit unions grow. Acumen is available via
service bureau, in-house delivery or resource management.
Fiserv is the U.S. market leader in account processing services for
financial institutions. One in three U.S. financial institutions rely on
Fiserv for account processing solutions and expertise.
Additional Resources:
About Travis Credit Union
Headquartered in Vacaville, California, Travis Credit Union is a
not-for-profit cooperative financial institution serving those who live
or work in Alameda, Colusa, Contra Costa, Merced Napa, Placer,
Sacramento, San Joaquin, Solano, Sonoma, Stanislaus, and Yolo Counties.
Currently, Travis Credit Union is the 11th largest credit union in
California with more than 177,000 members and more than $1.9 billion in
assets. As one of the leading financial institutions in Solano, Contra
Costa, Yolo and Merced Counties, Travis Credit Union's strength lies in
its faithful commitment to its members and the community; its solid,
secure history; and its long-standing track record of dedicated service.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider
serving the financial services industry. Fiserv is driving innovation in
payments, processing services, risk and compliance, customer and channel
management, and business insights and optimization. For six of the past
eight years, Fiserv ranked No. 1 on the FinTech 100, an annual
international listing of the top technology providers to the financial
services industry. 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
Fiserv Contact:
Alicia Bell
Director of Communications
Credit
Union Solutions
Fiserv, Inc.
469-287-3709
alicia.bell@fiserv.com
Source: Fiserv, Inc.
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