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TruStone Financial Federal Credit Union selects Fiserv for account processing and digital channel services

Thursday 19 July 2012 | 10:09 AM CET

US financial institution TruStone Financial Federal Credit Union has selected financial services technology company Fiserv for the latter’s Acumen account processing service and a suite of digital channel solutions.

Under the agreement, the Fiserv implementation is set to include Corillian Online for online banking, Mobiliti for mobile banking, Popmoney for person-to-person payments, CheckFree RXP for online bill payment, AccountCreate for online account opening, Loan Advantage for online loan origination, ConvergeIT, IVR for audio response, Nautilus for image and report repository, AML Manager for risk management, Prologue for accounting, Prism Analytics for member relationship management, Next Multi-Channel Marketing for interaction management, LynxGate for ATM management, Teller Source Capture for check capture, Fiserv Clearing Network for check processing and WireXchange for wire transfer processing.

The addition of CheckFree RXP enables consumers and small business members to receive and pay bills on the credit union’s website. Members can schedule payments and keep tabs on their finances with payment reminders and alerts. They can also sign up to receive e-bills delivered via online banking, from companies including utilities, insurers, mobile providers and credit card companies.

Popmoney enables consumers to send or receive money electronically via their existing bank accounts.

Acumen is an account processing platform designed to support commercial accounts, deliver automation tools and embedded commercial capabilities. This service is available via bureau, in-house delivery as well as through a resource management deployment model.

In recent news, financial institution Capital Bank has selected Fiserv for its Premier bank platform and outsourced processing services.

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