Fiserv, the provider of financial services technology solutions and the largest provider of businessdriven technology solutions for credit unions, signed 30 new credit union clients to contracts for its account processing solutions in 2009, including 11 new signings in the fourth quarter.
Executives of these credit unions were seeking account processing and value-add solutions capable of supporting their individual business strategies to drive growth, reduce risk and increase efficiency. Fiserv is positioned to deliver the most comprehensive array of technologies to these credit unions, including account processing; telephony services; credit and debit card processing; Internet banking; bill payment; accounting tools; and electronic statements.
The building momentum we experienced throughout 2009 validates the breadth and strength of our product offerings, as well as our consolidated One Fiserv approach to the market, says Scott Butler, president of Credit Union Solutions at Fiserv. During this transformative time in the financial services industry, our reputation for reliability and commitment to innovation are also important to credit unions, since leaders for these institutions recognize that Fiserv will be there for them in the future.
Credit unions who chose to partner with Fiserv in 2009 range from $3.2 million to more than $3 billion in assets. The credit unions selected a variety of value-add solutions from Fiserv including Virtual Branch Internet banking, bill pay, and electronic statements; debit and credit card processing; ConvergeIT telephony services; Wisdom accounting tools; report and document imaging; and Loancierge loan origination.
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