Fiserv Touts Core, Mobile Signings
Fiserv Inc. has added another large credit union to the client list for its Acumen core processing solution, as well as new users for its XP2 core platform and mobile banking solutions.
The $1.9 billion Travis Credit Union in Vacaville, Calif., cited flexibility, agile product development and more simplified vendor management for its decision to adopt the new platform.
Travis now is running on Fiserv’s spectrum core platform. The 177,000-member credit union also chose integrated consumer and small business bill pay, image capture, financial management and anti-money laundering solutions.
The company said more than 30 credit unions have chosen to convert to the Acumen platform since its first signing in early 2010.
Meanwhile, the $228 million Members Credit Union in Winston-Salem, N.C., said it will be converting to the Brookfield, Wis., company’s XP2 core processing platform.
The credit union cited the platform’s 360-degree member views and tight integration of multiple products and services and said it also chose switch gateway processing and interactive voice response solutions in the deal.
The 50,000-member Members CU currently uses Fiserv’s CUBE platform, according to the Technology Survey from Callahan & Associates. About 220 credit unions run on XP2.
The company also said that the $5.4 billion San Diego County Credit Union, a longtime customer, has now begun using its Mobiliti and Mobile Source Capture offerings. Capabilities include text, mobile Web browser and downloadable apps for BlackBerry, iPhone and Android devices, as well as remote deposit capture on smartphones.
The Mobiliti service integrates with the credit union's online banking platform, Corillian Online, also from Fiserv, the company said. SDCCU said it has been a Fiserv client since 1996.