As part of the agreement, Fiserv is set to provide the credit unions, namely Omega Federal, Mission City Federal, Affinity Credit Union and Saratoga Community Federal Credit Union with account processing platforms along with several other capabilities designed to support internet banking, electronic statements as well as card processing services.
In recent news, UK financial services provider Tesco Bank has launched its first product based on US financial technology company Fiserv’s Signature bank platform. The newly-introduced product, dubbed Tesco Bank Fixed Rate Saver, is expected to offer rates of return for a fixed term deposit of one or two years.
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