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Top fintech stories this week – 16 June 2017

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Catch up on Banking Technology’s top five fintech stories of the week – all in one place!

Fiserv the Architect for Affinity Plus digital banking revamp

Fiserv's Precision core banking system gains new taker

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 […]

Fiserv sets sights on mobile payments tech vendor Monitise

Acquisition-Defined

US tech giant Fiserv has 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.

Zelle P2P payments network onboards new members

US prepaid consumers not happy

More banks and credit unions have joined Zelle Network, a new peer-to-peer payments platform in the US.

Abcul perseveres with Model Credit Union project

Mark Lyonette, Abcul

The Association of British Credit Unions (Abcul) says it is making progress with its Model Credit Union initiative, to modernise the tech and operations of its members. Three credit unions are now live with new core and mobile banking software.

Bank of Sydney in online and mobile banking tech revamp with Fiserv

To Apple Pay or not to Apple Pay, that is the question

Bank of Sydney has completed its search for a new digital channels software provider – the winner of its tender is Fiserv with its DigitalAccess omnichannel system.

First National Bank of Pandora opens up to tech revamp with Fiserv

Fiserv's Precision core banking system gains new taker

Ohio-based First National Bank of Pandora has selected Fiserv’s Premier core account processing platform for a front-to-back office technology overhaul. The bank has also chosen Retail Online and Business Online from Fiserv for consumer and business online banking, Mobiliti for mobile banking, CheckFree RXP for electronic bill payment, and Web Hosting and Design Services. Todd […]

Apple Creek Bank in front-to-back office tech revamp with Fiserv

Apple Creek Bank in tech overhaul

Apple Creek Bank, a $140 million financial institution with six branches in the US state of Ohio, is modernising its technology with Fiserv. The bank will implement the Precision core processing platform, delivered on a hosted basis, plus a host of auxiliary solutions from Fiserv.

Payments keep pushing Fiserv revenue growth

Fiserv's Precision core banking system gains new taker

The power of payments keeps on driving revenue growth upwards for Fiserv – with some healthy Q1 2017 results. GAAP revenue for the company increased 5% in the first quarter to $1.39 billion, driven by 6% growth in its payments segment and 4% growth in its financial segment, compared to the first quarter of 2016. […]

SouthEast Bank in front-to-back office tech revamp with Fiserv

US prepaid consumers not happy

SouthEast Bank, a $1.2 billion financial institution in the US state of Tennessee, is implementing Fiserv’s DNA core banking system and a range of auxiliary solutions from the vendor.

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