Citizens Bank and Trust banks on Fiserv and APIs
Alabama’s Citizens Bank and Trust is upgrading its core account processing platform to offer real-time payments and better automate with the help of third-party providers — a move that more banks may...
View ArticleTAB Bank ramps up digital transformation
Saying that TAB Bank, a fully digital bank headquartered in Ogden, Utah, began as a modest operation, would be an understatement. Established in 1998, the financial institution was started through an...
View ArticleCitizens faces tech integration challenges in $3.5B Investors purchase
In its $3.5 billion acquisition of Investors Bancorp that was announced yesterday, Citizens Financial Group said it sees greater market penetration in the Northeast. Citizens will also see a notable...
View ArticleA brief guide to implementing digital card programs
Financial service providers continue to rethink and evolve delivery models to accommodate today’s need for robust self-service financial experiences. Where the “personal touch” was once prized among...
View ArticleBakkt shares triple on Mastercard, crypto service agreements
Bakkt Holdings Inc., the cryptocurrencies firm that spun off from Intercontinental Exchange earlier this year, tripled after it announced agreements with Mastercard Inc. and fintech firm Fiserv Inc....
View ArticleNew partnership allows CSI-partner banks to offer Bitcoin buying, selling
Computer Services Inc. (CSI) is joining FIS and Fiserv as the third core provider to partner with Bitcoin fintech NYDIG in a move that will allow community banks to offer the cryptocurrency to...
View ArticleMovers and Shakers: USAA names new chief information officer, new chief...
Amala Duggirala joined banking, insurance and investment firm USAA in early January as executive vice president and enterprise chief information officer. She reports to CEO Wayne Peacock. Duggirala...
View ArticleFiserv to acquire cloud-native banking solution Finxact
Fiserv and Jack Henry made announcements today that show core providers are shifting their strategies to the cloud. Fiserv — an early investor in Jacksonville, Fla.-based core-as-a-service provider...
View ArticleFiserv touts bank and fintech partnerships, 11% revenue growth in Q4 earnings
Core provider Fiserv’s market strategy continues to focus on bank partnerships and fintech acquisitions as revenues grow and development picks up speed. Financials were in line with expectations,...
View ArticleListen: The big news this week? Banks and cores move to the cloud
In this Weekly Wrap episode of “The Buzz” podcast, the Bank Automation News team discusses the big trend this week in banking technology: the shift to cloud services. The cloud-focused news started...
View ArticleTransactions: Technology changes at Arvest, Apple FCU, Great Southern Bank...
U.S. banks and credit unions are switching mobile platform providers in droves — in fact 104 have done so in the last three months. By far the largest financial institution to switch was Fayetteville,...
View Article4 ways banks can use data to manage fraud risk
Money laundering, automated clearing house fraud and wire transfer scams are running rampant in the banking industry. U.S. financial institutions spent more than $4.5 billion on fraud detection systems...
View ArticleFiserv holds 40% marketshare among core bank processors in Q1
Core provider Fiserv held 40% marketshare among the top bank core processors during the first quarter of 2022. Fintech data analytics company FedFis on Wednesday released the 2022 market information in...
View ArticleTransactions: Banks select solutions from Chainalysis, Temenos and Teslar...
Cross River Bank announced Wednesday that it will use blockchain data company Chainalysis for cryptocurrency compliance. The $5 billion bank will integrate Chainalysis’ real-time transaction compliance...
View ArticleFiserv anticipates increased adoption of AllData Connect
Core provider Fiserv expects more fintechs to adopt the company’s AllData Connect platform. Fiserv announced last week that data aggregation fintech MX was the first company to access tokenized...
View ArticleFiserv integrates Affirm into Carat merchant platform, plans more integrations
Fiserv is integrating buy now, pay later (BNPL) company Affirm into its Carat merchant platform as part of the core provider’s latest business banking push. Affirm is set to be the first BNPL to fully...
View ArticleCore providers Fiserv, CSI announce new deals
Fiserv announces 9 deals, including $991M US Metro Bank Core provider Fiserv revealed it has signed multiple new banks during the first quarter, including $991 million U.S. Metro Bank, based in Garden...
View ArticleTransactions: Glia delivers customer service tech at Community First
The $2.5 billion Community First Credit Union has implemented customer service technology from Glia. Glia's digital customer service tools allow financial institutions to reach out to members and...
View ArticleFiserv innovates via acquisitions, investments
Core provider Fiserv continues to seek innovation opportunities for its customers through acquisitions and organic investments. "These investments and accelerated revenue growth resulted in higher...
View ArticleTransactions: Banks and credit unions choose Fiserv’s Mobiliti
The following banks and credit unions in June selected Mobiliti from Fiserv’s mobile banking platform, according to a report provided to Bank Automation News by banking data and analytics platform FI...
View Article