Fiserv's BankLink signs Union Bank of California to remote deposit product

Source: Fiserv

BANKLINK, a unit of Fiserv Inc. (Nasdaq:FISV), and Union Bank of California (UBOC) have agreed to deliver the iLINK Remote Deposit product to the bank's commercial banking customers for remote corporate capture and deposit services.

The iLINK Remote Deposit module is a fully Web-based application that allows commercial banking customers to scan and electronically submit all of their deposits directly from their offices, eliminating trips to the branch and improving their cash flow. Union Bank of California will brand this solution Remote Image Deposit and deliver it to the bank's commercial customers in conjunction with its existing online suite of commercial cash management services.

"In our search for the best features in a remote deposit service for our customers, we believe the iLINK Remote Deposit Web solution will exceed their expectations," said Michael Grazer, vice president of UBOC. "We anticipate a rapid adoption of our Remote Image Deposit service, and by partnering with Fiserv BANKLINK, we believe we will continue to exceed expectations in this emerging and constantly evolving world of corporate remote image capture."

"We look forward to our partnership with UBOC," said Gary Kasik, president of BANKLINK. "The bank's commitment to delivering products and services to its customers using leading-edge technology combined with complete dedication to customer satisfaction represents a perfect match for Fiserv BANKLINK. UBOC has clearly raised the bar for the rest of the industry. We embrace the leadership role UBOC has taken through this new partnership and expect a long and mutually beneficial relationship."

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