Two Credit Unions Opt Integrated OnCU Core Processing Solution Suite from Fiserv

Two Credit Unions Opt Integrated OnCU Core Processing Solution Suite from Fiserv
16.08.2016 02:00 pm

Two Credit Unions Opt Integrated OnCU Core Processing Solution Suite from Fiserv

SaaS

 Fiserv, a leading global provider of financial services technology solutions, announced today that Badlands Federal Credit Union, based in Glendive, Montana, and Danville City Employees Federal Credit Union, based in Danville, Virginia, have selected integrated OnCU® core account processing solution suites from Fiserv. The software-as-a-service (SaaS) solution suites will be customized for each credit union with digital capabilities that fuel an enhanced member experience.

“We want to have innovative technology in place to remain relevant and deliver impactful products and services in line with the evolving needs of our members,” said Shiloh Smeltzer, president/CEO of Badlands FCU. “Our partnership with Fiserv will create value for our members and staff, as we will be able to offer the capabilities our members expect through technology that is managed by dedicated experts at Fiserv.”

Badlands FCU was founded in 1941, and currently has more than $27 million in assets and approximately 3,000 members. As a growing credit union, Badlands FCU is outsourcing its key technology to reduce cost, mitigate risk and allow staff to focus on nurturing member relationships. Its OnCU solution suite includes Virtual Branch® for online banking, CheckFree® RXP® for electronic payments, Popmoney® for personal payments, WireXchange® for wire transfers, and solutions for item processing and member statements.

For Danville City Employees FCU, the partnership with Fiserv will help enable highly efficient processes driven by innovative digital solutions. The $25 million credit union, founded in 1948, currently has over 2,400 members, and is looking to advance growth through electronic services. Its OnCU solution suite includes Mobiliti™ for mobile banking, CardValet® for card management and fraud mitigation, Virtual Branch for online banking, CheckFree RXP for electronic payments, Popmoney for personal payments, and additional solutions for item processing, member statements and web-design.

“We take great pride in serving our city’s employees and their families, and as we continue to grow, our credit union is committed to providing them with the same services found at the country’s largest financial institutions,” said Lisa Tickle, manager of Danville City Employees FCU. “Fiserv will help us operate more efficiently as we modernize our member experience through a new core platform with enhanced digital and mobile solutions.”

The CardValet solution from Fiserv offered by Danville City Employees FCU allows members to actively manage their debit card usage by defining when, where and how their debit card is used. Members can turn off their card if it is lost, set spending limits and receive transaction alerts. Empowering members with capabilities they may expect to find only at the nation’s largest financial institutions is an example of how technology can help drive member satisfaction and retention.

“As an industry leader, we understand and embrace our responsibility to deliver innovative technology solutions to growing credit unions,” said Barb Lowman, SVP, account processing solutions, Credit Union Solutions, Fiserv. “Using OnCU and integrated digital technology from Fiserv, Badlands FCU and Danville City Employees FCU will be able to strengthen member engagement and enhance member satisfaction, which contributes to long-term growth and relevancy. We welcome both credit unions to our Fiserv family.”

Fiserv is the U.S. market leader in account processing services, and more than one-third of U.S. financial institutions rely on Fiserv for account processing solutions and expertise. OnCU enables the success of credit unions through an easy-to-use interface that can streamline processes, drive member satisfaction and grow wallet share.

In a world that is moving faster than ever before, Fiserv helps clients deliver solutions that are in step with the way people live and work today – financial services at the speed of life. Learn more at TheSpeedofLife.com.

Related News

Fenergo Launches Fen-Xcelerate, A SaaS Client Lifecycle Management Solution for Mid-Sized & Boutique Financial Institutions

Fenergo, the leading provider of digital transformation and client lifecycle management (CLM)... Read more »

BPC joins Visa’s Fintech Fast Track Program

BPC today announced that it has joined Visa’s Fintech Fast Track Program, which makes it quicker and easier for fintechs... Read more »

additiv launches its KickStarter™ offering for DFS Wealth Management PaaS Platform on Microsoft Marketplace

additiv, a leading Software as a Service (SaaS) provider to the wealth management industry, launched in April 2020 an industry first: a rapid, risk-free route... Read more »

BNP Paribas Fortis has chosen Worldline to set up and operate its omni-channel Contact Service Center

Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, has sealed a multi-year contract with BNP Paribas... Read more »

Global tier-1 bank, Itaú Private Bank International, selects Temenos to power international banking operations

Temenos (SIX: TEMN), the banking software company, today announced that Banco Itaú (Suisse) SA and Banco Itaú International, affiliates belonging to one of the... Read more »

Devexperts Launches DXtrade as a SaaS Trading Platform for FX/CFD Brokers

Devexperts, a software provider for the financial industry, launched DXtrade, a new SaaS (Software-as-a-Service) trading platform for the retail FX and CFD... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel