OREANDA-NEWS. December 17, 2015.
Fiserv,
Inc. (NASDAQ:FISV), a leading global provider of financial services
technology solutions, announced today that 13 credit unions implemented
the Portico
® core account processing platform with integrated
solutions from
Fiserv in 2015. Consistent with previous years, credit
unions continue to rate
Fiserv highly on post-implementation surveys,
demonstrating strong appreciation for the efficiency and flexibility
that Portico delivers. Portico is built on a service-oriented, open
architecture framework, which enables credit unions to integrate
additional solutions from
Fiserv and other vendors with greater ease and
speed. This is particularly important for the many credit unions that
lack the in-house resources to complete extensive integration work.
In February 2015, My Healthcare Federal Credit Union, based in
Gainesville, Florida, with \\$25 million in assets and nearly 5,000
members, implemented Portico with integrated solutions to drive an
enhanced member experience through digital and mobile channels. The
credit union gained the ability to introduce new products and services
at a faster pace, in line with the needs of its growing membership.
In conjunction with the move to Portico, My Healthcare Federal Credit
Union added CheckFree® RXP® for online banking,
Mobiliti™ for mobile banking, FraudNet™ for real-time payments fraud
monitoring, and eFichencySM for enterprise content
management, in addition to tools for credit, debit, and check processing
and ATM management. WireXchange® for wire transfer processing
was added in June 2015.
"We are committed to making a positive impact in the lives of our
members through leading-edge services," said
Perry Goodbrake, president
and CEO of My Healthcare Federal Credit Union. "As our technology
partner, Fiserv helps us ensure a robust member experience. Moving to
Portico gives us the flexibility to deliver new capabilities more
quickly as our credit union continues to grow."
In September 2015, Northwest Community Credit Union, based in Morton
Grove, Illinois, with approximately \\$60 million in assets and more than
2,500 members, implemented Portico with integrated solutions, enabling
the credit union to join the national shared branching network and
attract new members through enhanced services. The credit union is using
digital and mobile channels to appeal to Millennials, and to ensure that
the local underserved population has access to innovative and expedient
financial services.
"Portico has enabled us to advance our strategic growth plan with the
addition of new products and services, and to join the national shared
branching network of more than 5,000 branches," said
Jose Garcia,
president and CEO, Northwest Community Credit Union. "With efficient and
flexible technology underpinning everything we do, we are able to
consistently increase member satisfaction, and enhance the value our
credit union delivers to members."
"Credit unions of all sizes rely on innovative technology to deliver
member services that align with the faster pace of life today," said
Mark Sievewright, president, Credit Union Solutions, Fiserv. "Portico
enables nearly 400 credit unions to deliver real-time member services
with greater efficiency, flexibility, and expediency. Year after year,
we welcome additional clients to the Portico platform, and we remain
committed to helping them achieve best-in-class results."
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.
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.
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