News

Community bank bolsters digital services offering to support post-IPO growth strategy

September 6, 2016

Fiserv Inc. a provider of fintech solutions, has announced the renewal and expansion of its relationship with Randolph Savings Bank. The Stoughton, Massachusetts-based community bank will continue to use the Cleartouch bank platform from Fiserv, and has added new solutions to expand its digital banking capabilities, according to a press release.

In addition to Cleartouch, the bank has licensed Fiserv item processing services, card services, Mobiliti for mobile banking, Retail Online and Business Online for consumer and business online banking, CheckFree RXP and CheckFree Small Business for electronic payments, Popmoney for person-to-person payments, and other solutions.

The expanded relationship is part of Randolph Savings' strategy to "take the organization to the next level," the release said. To this end, the bank launched its initial public offering this summer on the NASDAQ exchange.

"Randolph Savings Bank understands that focusing on who their customers are and what they really need in their daily lives is essential for growth," Teri Carstensen, president of bank solutions at Fiserv, said in the release. "That's very much how we see the future of financial services, and we're looking forward to working closely with Randolph Savings Bank to help them achieve their goals."