Cleveland, Ohio established Third Federal Savings & Loan has been collaborated with Fintech company Fiserv to provide its digital transformation.
The cooperation will see the implementation of Fiserv’s DNA platform, a step focused on improving the customer service options of Third Federal through real-time transaction processing through all channels.
Fiserv Core Account Processing Solutions said: “As financial institutions are confronted with pressure to meet consumer expectations, they must scan the horizon on future technology that makes innovative, differentiated experiences possible.
“DNA speeds up and increases the ability of financial institutions to respond to change, to facilitate involvement and growth and to help them stay for what the next is.”
Third federal, with assets worth $ 17 billion, selected the DNA platform as part of its strategic initiative to improve activities, offer better products for consumers and homeowners and achieve a rapid deployment of new offers.
The platform is also expected to facilitate seamless integration with advanced solutions and support the bank’s long -term growth directions.
Third Federal Chief Information Officer Andy Rubino said: “Everything we do at Third Federal is aimed at serving our customers and employees.
“An open and real -time core solution with which we can easily be integrated with third parties and offer a superior user experience helps us achieve this goal.”
Earlier this month, the Firstrand Group of South Africa Finerv’s Finxact, a cloud-based banking system, adopted to support the growth of its divisions, First National Bank (FNB) and Rand Merchant Bank (RMB).
“Third federal on board Digital Upgrade with Fiserv’s DNA platform” was originally made and published by Retail Banker International, a Global Data brand.
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