According to the agreement, Johnson Bank is set to move all trust and custody billing for its Trust and Investment Management division on Fiserv’s Advantage Fee in order to conduct all fee activity from a single platform. The adoption of Fiserv’s service will enable Johnson Bank to have one central point where debit fees for multiple accounts are automatically calculated, adjusted and debited, all contributing to an accelerated rate of revenue collection.
The Johnson Financial Group is a US-based financial services company that offers financial solutions in the areas of banking, trust, insurance, investments and leasing.
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