#Seattle #Bank, a single branch boutique bank with $ 650 million in assets, is dumping its #Fiserv #core #banking #system and moving to a new #modern core #from #Finastra, a company formed by the combination of D+H and Misys.
Financial Technology
#Zelle made a difference to the bottom line of financial #technology provider #Fiserv, the company reported on its earnings call yesterday. “P2P transactions, including Zelle, grew nearly 30%,” according to Fiserv CFO Robert Hau. It was also noted that several #banks — Fiserv serves some 13,000 financial institutions &8212; saw a #boost in transactions due […]
Bank Innovation
#Mobile #payment providers should focus on the simple things, not only beating their competitors, when it comes to #innovation—at least according to #Fiserv, who noted as much in a recent white paper. Consumers want friction reduced in their daily tasks, like buying a cup of coffee or withdrawing cash, Fiserv noted in its ‘Four Pillars […]
Bank Innovation
#Fiserv, FIS, and Jack Henry all come to mind when thinking of the top #bank #core #processors. But what is each firm’s market share in the U.S. last year? According to data gathered by FedFis.com, the top processor is Brookfield, Wis.-based Fiserv. With more than 37% of the market share, Fiserv is well ahead of […]
Bank Innovation
Apple has its Genius Bar, and Bank #Innovation has its Innovation Bar, where three #fintech experts (fintexperts?) share the wisdom (and complimentary signature cocktails.) Bank Innovation #2018 takes place March 5-6 at the Parc 55 Hotel in San Francisco. #Matt #Wilcox, SVP of #Marketing #Strategy and Innovation at #Fiserv, will join Ryan Gilbert of Propel […]
Bank Innovation
EXCLUSIVE—With mobile #banking services offered at the majority of financial institutions, innovating the #digital space is becoming more important in the #fintech ecosystem, especially for smaller players like regional #banks or credit unions. So, how can these smaller institutions move their digital platforms #beyond the simplest (and expected) mobile banking service? “First off, we need […]
Bank Innovation
EXCLUSIVE—Is the end of #credit, #debit #cards drawing near? Financial service firm #Fiserv #says, no. “Physical cards, they’re not going anywhere,” Sharon Pazlar, director of output solutions for Fiserv told Bank Innovation. “As much as mobile has bloomed, especially with the efficiency of mobile and online banking, the #banks have to facilitate payment with whatever […]
Bank Innovation
How do you serve the investor that’s never invested before? #Fiserv and #GoldBean have a solution. #Financial solutions provider Fiserv has partnered with digital investing startup GoldBean in order to bring #personalized, digital financial #advice to Fiserv customers, the companies announced today. “For the vast majority of people who have a wealth manager or an […]
Bank Innovation
#Fiserv is taking on #Stripe with a new ACH #payments tool for #businesses called Fiserv Payment SDK. Fiserv announced its new SDK for ACH business payments today at FinDEVr. Unusually for Fiserv, which has more than 10,000 FI clients, the service will be marketed direct to businesses to begin with, Tammi Shapiro, VP of product […]
Bank Innovation
SAN JOSE, Calif. — #Fiserv has increased its research-and-development spending to 7% of revenue this year, up from 5% last year, CEO Jeff Yabuki said at the Bank Innovation 2017 conference here on Monday. In 2016, Fiserv recorded $ 5.5 billion in revenue &8212; which means somewhere around $ 385 million flowing into tech. The company expects that number […]
Bank Innovation
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