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United Community Banks, Inc. has renewed its account processing
relationship, and will continue to leverage the Premier bank platform
and an array of integrated products
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The bank added debit card services to online banking and bill payment,
item processing, remote check capture, person-to-person payments,
business intelligence, and customer and channel management solutions
from Fiserv
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Enterprise-wide integration and the scalability of Fiserv solutions
were cited as key decision factors
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Fiserv,
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that United Community Banks, Inc.,
a $6.7 billion bank holding company headquartered in Blairsville, Ga.,
has extended and expanded its relationship with Fiserv. United will
continue to operate on the Premier® bank platform with a host
of additional Fiserv solutions, in addition to new deployments of card
services solutions from Fiserv.
The innovation, integration and scalability offered by Fiserv solutions
were cited by United as key factors in its decision. United is the
third-largest traditional bank holding company in Georgia, operating
more than 100 locations in Georgia, North Carolina and Tennessee, and
holds a customer satisfaction rating of 95 percent, as reported by
Customer Service Profiles, LLC.
"United relies on the market-leading innovation and integration offered
by Fiserv to help our organization grow, while supporting the
exceptional level of service our customers expect," said Jim Stewart,
Chief Technology Officer, United Community Banks, Inc. "We consider this
technology a competitive advantage, as we, like other institutions, must
maintain outstanding customer satisfaction, lower operating expenses,
meaningfully increase operating efficiency and remain focused on
improving overall credit measures."
Centered on the Premier bank platform, United utilizes Business Process
Manager for new account and process management, CheckFree® RXP®
for bill payment, Popmoney® for person-to-person payments,
Retail Online™ and Business Online™ for online banking, Merchant Source
Capture™ for remote check deposits, Director™ for electronic content
management, and several other Fiserv solutions. Fiserv will also help
the bank implement EFT Processing for electronic funds transfer and
deploy the ACCEL/Exchange® Network, to give United's
cardholders around-the-clock access to demand deposit account funds at
ATMs and the point of sale.
Premier is a comprehensive, integrated and scalable community and
regional bank platform available for outsourced and in-house deployment.
United will continue to process in-house. According to Stewart, this
model is the best fit for United, giving the bank several cost and
processing benefits. United prefers the flexibility of in-house
processing and operating the bank's systems internally.
"For more than 20 years, United has partnered with Fiserv to provide
innovative, integrated technology as the foundation for continued growth
and success," said Teri Carstensen, president, Bank Solutions, Fiserv.
"Like consumers everywhere, United's customers have come to expect a
high degree of flexibility and personalization from their banking
experience. Fiserv will continue to provide leading-edge products and
services that help United go toe-to-toe with larger banks in its market."
Fiserv is the U.S. market leader in account processing services,
electronic bill payment and presentment for financial institutions. More
than 55 million consumers use Fiserv-powered online banking services,
and more than one in three U.S. financial institutions rely on Fiserv
for account processing solutions and expertise.
About United Community Banks, Inc.
Headquartered in Blairsville, United Community Banks, Inc. is the
third-largest bank holding company in Georgia. United has assets of $6.7
billion and operates 27 community banks with 104 banking offices
throughout north Georgia, the Atlanta region, coastal Georgia, western
North Carolina and east Tennessee. United specializes in providing
personalized community banking services to individuals and small to
mid-size businesses and also offers the convenience of 24-hour access
through a network of ATMs, telephone and online banking. United's common
stock is listed on the Nasdaq Global Select Market under the symbol
UCBI. Additional information may be found at United's website at www.ucbi.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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