Fiserv inks turnkey debit deal with Iberiabank

Source: Fiserv

Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, announced today that IBERIABANK will implement a full suite of Fiserv debit solutions to help reduce its processing and network expenses and improve both its back office and customer facing operational efficiency.

IBERIABANK headquartered in Lafayette, La., with $10.6 billion in assets, will implement debit processing and enhanced chargebacks, Premier Analytics((TM), CardVision(SM) and ATM driving, thereby consolidating all of its EFT services under Fiserv. In addition, the bank will use the ACCEL/Exchange(R) Network from Fiserv as its PIN debit provider.

"We were looking for a solution to drive revenue and customer loyalty with debit card customers," said Don Ledet, Executive Vice President, IBERIABANK. "With the data and analytics and consulting services from Fiserv that we are implementing, we fully expect to take our debit portfolio to a whole new level."

"We are committed to partnering with our clients to help them create a payments strategy that drives growth and creates efficiency," said Kevin Gregoire, president, EFT Solutions, Fiserv. "Forward thinking banks like IBERIABANK who have a long range debit portfolio plan are ahead of the curve in this period of regulatory change."

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