News

GBC Int'l Bank adopts full complement of Fiserv solutions

August 6, 2013

Los Angeles-based GBC International Bank has opted for the Precision bank platform and outsourced processing from Fiserv, as well as an array of additional solutions from the financial services tech provider. The $456 million FI is one of the leading export lender banks in the U.S.

"GBC International Bank has consistently demonstrated strong financial performance by focusing on small business," GBC International Bank CFO Richard Holmes said. "Our goal is to continue that growth and profitability, despite an increasingly competitive financial environment. We are looking to Fiserv ... to assist us in streamlining our technology infrastructure and finding new and more efficient ways to conduct our daily operations."

In addition to Precision, GBC will use Fiserv solutions for ATM and debit card processing, plus Integrated Teller for real-time customer and account information, WireXchange for wire transfers, EnFact for debit fraud protection, CheckFreeRXP and CheckFree Small Business for bill payment, and several others.

"GBC International Bank's choice of Fiserv and the Precision bank platform supports the bank's commercial banking focus and plans for continued growth," said Teri Carstensen, president of banking solutions at Fiserv. "New products and advanced features, a streamlined technology environment and a strong relationship with a respected partner — these form a powerful combination to support the business models of successful financial institutions."

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