Fiserv Inc. (Nasdaq:FISV) unit BANKLINK and Texas State Bank have agreed to terms for delivering the iLINK treasury management platform to the bank for use and distribution to its commercial banking customers.
"We chose the iLINK platform from Fiserv BANKLINK because of its demonstrated ability to work with and tightly integrate in real time to our Fiserv ITI core application and the fact that the iLINK platform is a single, robust and easy-to-use solution for our most demanding commercial customers," said Belinda-Leigh Hall, executive vice president of Texas State Bank, located in McAllen, Texas. "We thoroughly evaluated various cash management vendors, and we are very confident and comfortable that BANKLINK is the best choice to meet the sophisticated needs of our most significant commercial customers."
The iLINK platform is a Web-based, flexible commercial cash management solution that can be integrated with any bank back-office system and customized to allow any financial institution the ability to offer it to commercial customers. Suiting small businesses to large corporate customers, the iLINK platform is modular, economical and scalable to address needs in all commercial market segments. BANKLINK, which now has more than 170 financial institutions of all asset tiers utilizing the iLINK platform, has developed the application and directly markets the entire iLINK suite of products and services to financial institutions.
"Expanding our long-term relationship with Texas State Bank to now include online treasury management solutions through iLINK is both a privilege and a responsibility," said Michael Gantt, president of the Fiserv Bank Systems Group. "We look forward to further supporting TSB's success in its marketplace by applying more and more of Fiserv's unparalleled product and services capabilities on the bank's behalf."