14 February 2016

Members Credit Union selects Fiserv account processing system

16 March 2012  |  1501 views  |  0 Source: Fiserv

Fiserv (NASDAQ: FISV), a leading global provider of financial services technology solutions and the leading provider of business driven technology solutions for credit unions, announced today that Members Credit Union, a $232 million institution serving more than 50,000 members in Winston-Salem, N.C., has selected the XP2(R) account processing solution from Fiserv.

The credit union cited the ability to integrate multiple products and services with XP2 as an important factor in its decision to choose Fiserv.

"XP2 was simply technologically superior to other solutions we considered. The way the system shows all member account relationships through a 360-degree view is just one example of how this modern account processing platform provides the technological support that can help us drive efficiency and improve member service," said Jack Braswell, Chief Executive Officer, Members Credit Union.

Leaders of the credit union also said the XP2 account processing solution offers advanced architecture and Internet-based technologies that will give them flexibility to evolve their business to meet market changes. Members Credit Union will also implement LynxGate(R) for switch gateway processing and ConvergeIT(R): IVR for interactive voice response, which it says will add new features and functionality to enhance members' service experience.

"With its advanced technology and established integration for a broad range of our solutions for card services, online banking and more, XP2 demonstrates the Fiserv goal to deliver an enterprise-wide solution for financial institutions from a single technology provider," said Naseer Nasim, segment executive for XP2, Credit Union Solutions, Fiserv. "Fiserv provides Members Credit Union and other organizations like it with a total solution to support its business goals."

XP2 from Fiserv is a proven choice in account processing for credit unions featuring a Microsoft(R) .NET Framework architecture that is open at every tier and a member-centric design backed by an IBM(R) DB2 relational database. With scalable technology and established interfaces for a broad range of enterprise solutions, XP2 supports credit unions' growth and drives operational efficiency. XP2 is available via service bureau, in-house delivery or facilities management.

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Related company information

Fiserv, Inc.

Top topics

Most viewed Most shared
UK sets out open banking API frameworkUK sets out open banking API framework
16471 views comments | 106 tweets | 91 linkedin
Deutsche Bank calls for co-operation with fintech firms on B2B servicesDeutsche Bank calls for co-operation with...
9185 views comments | 30 tweets | 30 linkedin
How to accelerate your fintech startupHow to accelerate your fintech startup
8936 views comments | 35 tweets | 10 linkedin
Is Paym a failure?Is Paym a failure?
7285 views 16 comments | 23 tweets | 16 linkedin
Visa issues API to offer consumer control over card transactionsVisa issues API to offer consumer control...
6648 views comments | 17 tweets | 28 linkedin

Featured job

to $120K base, double OTE, benefits
New York City, NY or Boston, MA (USA)

Find your next job