Fiserv Inc. has signed Toledo, Ohio-based Waterford Bank ($197 million in assets) for its Premier bank platform.
According to Fiserv, Premier is scalable to accommodate continued growth, and additional business-focused solutions will allow Waterford to differentiate and compete effectively.
Waterford Bank chose the Premier bank platform solution and outsourced account-processing services from Fiserv to provide its primary customer base of small- and medium-sized businesses with innovative financial solutions. To enhance its business banking capabilities, the bank also will deploy PayData.NETTM from Fiserv; a client server-based application that automates remittance and processing services.
Waterford also signed with Fiserv for other financial services, including remote deposit capture, treasury management, online banking and billpay, mobile banking and electronic-document management. This multiproduct solution represents all five Fiserv core competencies: processing services, customer and channel management, insights and optimization, risk and compliance and payments.
