Fiserv has “the size and expertise to provide the selection of capabilities we need to deliver”

Fiserv has “the size and expertise to provide the selection of capabilities we need to deliver”

Minnesota-based Affinity Plus Federal Credit Union has selected Fiserv’s Architect platform for a digital banking overhaul.

The credit union will use Architect to help its online and mobile customers in branches, over the phone, and through digital channels.

Dave Larson, president and CEO, Affinity Plus Federal Credit Union, says Fiserv has “the size and expertise to provide the selection of capabilities we need to deliver”.

Fiserv adds that Architect enables online, mobile, and tablet banking, and can also be customised with a software development kit (SDK).

Affinity Plus has 28 branches located throughout Minnesota. It has over $2 billion in assets and is owned by more than 185,000 members.

Across the pond

Recently, Fiserv offered to buy Monitise, a UK-based mobile payments software and solutions provider.

The cash offer to acquire is at 2.90 pence per share – valuing Monitise at approximately £70 million.

The transaction is subject to certain conditions, including Monitise shareholder approval, and is anticipated to close in Q3 this year.

@banking
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