Company says more than 100 clients for new service. Massachusetts credit union stays with Portico.
The $1.3 billion Phoenix credit union cites third-party integration, infrastructure in decision to change core processors.
Carson City credit union is fourth to commit to processing platform.
Rhode Island credit union first billion-dollar client to commit since Open Solutions sold to Fiserv in January.
Iowa, Louisiana credit unions commit to core processing conversion.
Three of six are current Fiserv customers switching platforms.
While Fiserv Inc.’s purchase of Open Solutions Inc. marked the end of an era, it also sparked conversation about how the financial services technology giant will handle the addition of another handful of core account processing platforms to its portfolio.
Get an in-depth look at the Fiserv takeover of Open Solutions in this preview from next week's print edition.
Jeffrey Yabuki sees combining of flagship platforms and addition of new products as pluses.
Core processor sold to financial services giant for $55 million in cash and $960 million in acquired debt.